NVIM
PMO

New Vernon Investment Management’s Franklin Municipal Opportunities Trust PMO Stock Holding History

New Vernon Investment Management’s Portfolio PMO Stock Details PMO Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2016
Q4 		– Sell
-269,948
Closed -$3.6M – 44
2016
Q3 		$3.6M Hold
269,948
– – 3.79% 9
2016
Q2 		$3.61M Sell
269,948
-40,052
-13% -$526K 3.16% 10
2016
Q1 		$3.94M Hold
310,000
– – 3.36% 9
2015
Q4 		$3.81M Hold
310,000
– – 2.89% 11
2015
Q3 		$3.71M Hold
310,000
– – 2.92% 8
2015
Q2 		$3.6M Hold
310,000
– – 2.46% 13
2015
Q1 		$3.8M Hold
310,000
– – 2.61% 14
2014
Q4 		$3.72M Buy
+310,000
New +$3.68M 2.51% 14

Other funds holding PMO

MSL
Mackay Shields LLC New York $2.99B AUM 3.89% 1-Year Est. Return
RCM
Robinson Capital Management Grosse Pointe Farms, Michigan $239M AUM 0.62% 1-Year Est. Return
AAM
Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return
GC
Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return
Fiera Capital (Canada)
Fiera Capital (Canada) Montreal, Quebec, Canada $29.2B AUM 20.16% 1-Year Est. Return
SIA
Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
1SB
1ST Source Bank South Bend, Indiana $1.94B AUM 20.3% 1-Year Est. Return

New Vernon Investment Management's PMO Position: Q4 2016 in Review

New Vernon Investment Management sold out of Franklin Municipal Opportunities Trust (PMO) in Q4 2016, closing a stake of 269,948 shares — an estimated $3.6M sold.

New Vernon Investment Management first reported a position in PMO in Q4 2014 and held it in 8 quarters. The position peaked at $3.94M in Q1 2016. 59 funds tracked by Wall St. Rank hold PMO as of Q4 2016.

  • New Vernon Investment Management reported no remaining Franklin Municipal Opportunities Trust position as of Q4 2016 after selling out during the quarter.
  • New Vernon Investment Management sold 269,948 Franklin Municipal Opportunities Trust shares in Q4 2016, an estimated $3.6M.
  • New Vernon Investment Management first reported a position in Franklin Municipal Opportunities Trust in Q4 2014 and held it in 8 quarters.
  • New Vernon Investment Management's Franklin Municipal Opportunities Trust position peaked at $3.94M in Q1 2016.
  • 59 funds tracked by Wall St. Rank held Franklin Municipal Opportunities Trust as of Q4 2016.

Based on New Vernon Investment Management's 13F filing for Q4 2016, filed 14 Feb 2017.