BOSTON--(BUSINESS WIRE)--June 30, 2026-- 

The 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust $(PMM)$ and Putnam Municipal Opportunities Trust $(PMO)$ are now available. These informational notices provide further details on the sources of the funds' monthly distributions and follow the most recent distribution announcement. The table below provides an estimate of the sources of the Fund's current distribution and its cumulative distributions paid this fiscal year-to-date. Amounts are expressed on a per share of common stock basis, and as a percentage of the distribution amount.

 
                                Estimated sources & percentages of distributions 
                                ------------------------------------------------ 
                                               Net         Net 
                                             realized   realized 
                   Per share       Net      short-term  long-term 
         Time     distribution  Investment   capital     capital     Return of 
Ticker   period    June 2026      Income      gains       gains       Capital 
-------  -------  ------------  ----------  ----------  ---------  ------------- 
  PMM    Current    $0.0330      $0.0330        -           -            - 
         Month                    100.0%        -           -            - 
         -------  ------------  ----------  ----------  ---------  ------------- 
         10/31      $0.2185      $0.2070     $0.0010        -         $0.0105 
         Fiscal 
         YTD                      94.7%        0.5%         -          4.8% 
-------  -------  ------------  ----------  ----------  ---------  ------------- 
  PMO    Current    $0.0520      $0.0509        -           -         $0.0011 
         Month                    97.9%         -           -          2.1% 
         -------  ------------  ----------  ----------  ---------  ------------- 
         4/30       $0.0913      $0.0855     $0.0004        -         $0.0054 
         Fiscal 
         YTD                      93.6%        0.4%         -          6.0% 
-------  -------  ------------  ----------  ----------  ---------  ------------- 
 

The amounts and sources of distributions reported in this 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon a Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The table below provides information regarding total return performance for various periods through prior month end. Performance includes the deduction of management fees and administrative expenses, assumes reinvestment of distributions, and does not account for taxes. Fiscal YTD distribution rates are through the funds' most recent distribution record date.

 
                          Annualized                    Cumulative 
                 ----------------------------  ----------------------------- 
                    5-year 
                    average 
                 annual total      Current       Fiscal YTD     Fiscal YTD 
                   return at    distribution    total return   distribution 
    Ticker            NAV        rate at NAV       at NAV       rate at NAV 
---------------  -------------  -------------  --------------  ------------- 
PMM (FYE 10/31)      0.47%          5.88%          3.28%           3.24% 
PMO (FYE 4/30)       0.20%          5.48%          9.11%           0.80% 
 

NAV and total return performances are as of 5/29/26.

You should not draw any conclusions about a Fund's investment performance from the amount of this distribution or from the terms of the Fund's Distribution Policy.

Each fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.

The Funds periodically provide fund-related information on their websites. The following information will be available for each Fund at www.franklintempleton.com at the frequencies indicated: (1) Full holdings will be available monthly; (2) Top 10 holdings and additional portfolio statistics will be available monthly.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Copyright (c) 2026. Franklin Templeton. All rights reserved.

Category: Distribution Related

Source: Franklin Resources, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260630655560/en/

 
    CONTACT: 

Investor Contact: Fund Investor Services 1-888-777-0102

(END) Dow Jones Newswires

June 30, 2026 08:00 ET