Neutral
Business Wire
yesterday
Franklin Templeton Closed-End Funds Announce Share Repurchases for the Third Quarter of 2025
NEW YORK--(BUSINESS WIRE)--The following Funds announced today their share repurchase activity during the third quarter of 2025. Ticker Fund Name Shares Repurchased (7/1/25 - 9/30/25) Shares Repurchased Since Inception of Each Fund's Repurchase Program PMM Putnam Managed Municipal Income Trust 67,645 18,449,064 PMO Putnam Municipal Opportunities Trust 294,462 17,709,437 The Funds seek to enhance shareholder value by repurchasing their common shares when trading at a discount to the Fund's net a.