XPMOX

About XPMOX

Putnam Municipal Opportunities Fund is a closed-end fixed income mutual fund with a primary objective of generating a high level of current income that is exempt from federal income tax, while preserving capital. Managed by Putnam Investment Management, the fund invests predominantly in U.S. municipal bonds, focusing on a diversified portfolio that includes both investment grade and select below investment grade securities. At least 80% of its total assets are typically allocated to municipal bonds under normal market conditions. These bonds are issued by state and local governments to finance public projects across vital sectors such as healthcare, utilities, transportation, water and sewer facilities, and housing. Established in 1993, the fund plays a key role in connecting investors seeking tax-advantaged income with infrastructure development across the United States. It is overseen by experienced portfolio managers who aim to balance tax-exempt income with prudent risk management, making it a significant option within the municipal bond segment of the broader fixed income market.