Institutional Investors Love Putnam Municipal Opportunities Trust (NYSE:PMO)

June 18, 2018 - By Ash

Sentiment for Putnam Municipal Opportunities Trust (NYSE:PMO)

Putnam Municipal Opportunities Trust (NYSE:PMO) institutional sentiment increased to 1.63 in 2018 Q1. Its up 0.52, from 1.11 in 2017Q4. The ratio is more positive, as 26 hedge funds increased and started new positions, while 16 sold and trimmed stock positions in Putnam Municipal Opportunities Trust. The hedge funds in our partner’s database now hold: 5.88 million shares, up from 5.49 million shares in 2017Q4. Also, the number of hedge funds holding Putnam Municipal Opportunities Trust in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 5 Reduced: 11 Increased: 16 New Position: 10.

The stock increased 0.17% or $0.02 during the last trading session, reaching $11.63. About 86,259 shares traded or 20.17% up from the average. Putnam Municipal Opportunities Trust (NYSE:PMO) has declined 5.82% since June 18, 2017 and is downtrending. It has underperformed by 18.39% the S&P500.

Robinson Capital Management Llc holds 2.02% of its portfolio in Putnam Municipal Opportunities Trust for 561,399 shares. Goodwin Daniel L owns 56,866 shares or 0.32% of their US portfolio. Moreover, Brave Asset Management Inc has 0.26% invested in the company for 36,331 shares. The Missouri-based Smith Moore & Co. has invested 0.22% in the stock. Karpus Management Inc., a New York-based fund reported 337,505 shares.

Putnam Municipal Opportunities Trust (NYSE:PMO) Ratings Chart

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