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Putnam Municipal Opportunities Trust (Putnam Municipal Opportunities Trust) Net Interest Margin (Bank Only) % : N/A% (As of Oct. 2023)


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What is Putnam Municipal Opportunities Trust Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Putnam Municipal Opportunities Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Oct. 2023 was $20.70 Mil. Putnam Municipal Opportunities Trust's average earning assets for the quarter that ended in Oct. 2023 was $0.00 Mil. Therefore, Putnam Municipal Opportunities Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 was N/A%.


Putnam Municipal Opportunities Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Putnam Municipal Opportunities Trust's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Putnam Municipal Opportunities Trust Net Interest Margin (Bank Only) % Chart

Putnam Municipal Opportunities Trust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
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Putnam Municipal Opportunities Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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Competitive Comparison of Putnam Municipal Opportunities Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Putnam Municipal Opportunities Trust's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Putnam Municipal Opportunities Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Putnam Municipal Opportunities Trust's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Putnam Municipal Opportunities Trust's Net Interest Margin (Bank Only) % falls into.



Putnam Municipal Opportunities Trust Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Putnam Municipal Opportunities Trust's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Apr. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Apr. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Apr. 2022 ) + Earning Assets (A: Apr. 2023 ))/ count )
=19.976/( (0 + 0)/ 1 )
=19.976/0
=N/A %

where

Earning Assets(A: Apr. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(A: Apr. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Putnam Municipal Opportunities Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Oct. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Apr. 2023 ) + Earning Assets (Q: Oct. 2023 ))/ count )
=20.704/( (0 + 0)/ 1 )
=20.704/0
=N/A %

where

Earning Assets(Q: Apr. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Oct. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (Oct. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Putnam Municipal Opportunities Trust  (NYSE:PMO) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Putnam Municipal Opportunities Trust Net Interest Margin (Bank Only) % Related Terms

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Putnam Municipal Opportunities Trust (Putnam Municipal Opportunities Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Federal Street, Boston, MA, USA, 02110
Putnam Municipal Opportunities Trust is a non-diversified closed-end management investment company. It seeks to provide as high a level of current income free from federal income tax as Putnam Management believes is consistent with the preservation of capital. The fund invests in healthcare, utilities, transportation, tax bonds, local debt, state debt, and education.
Executives
Stephen R Denny officer: Head HR- Diversity & Inclusion, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Aaron M Cooper officer: Dir. Global Equity Research, other: Putnam Investments 100 FEDERAL STREET, BOSTON MA 02110
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Carlo Forcione officer: Head of Product and Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Catherine Saunders officer: Head,Corporate Sustainability, other: and Public Policy - Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Mona Sutphen director 777 HIDDEN RIDGE, IRVING TX 75038
Marie Pillai director C/O PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jacquelyn S Vanderbrug officer: Headof Sustainability Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jennifer Murphy director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Brendan T Murray officer: Head of Global Inv. Strategies, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Alan Mccormack officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 16 ST. JAMES'S STREET, LONDON X0 SW1A 1ER
Martin Lemaire officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Steven P Mckay officer: Head of Global DCIO, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Kaitlin May officer: Head of Global Institutional, other: Management /Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Stephen J Tate officer: General Counsel, other: Chief Legal Officer/Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110

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