Putnam Announces Distribution Rates for Closed-End Funds
BOSTON--(BUSINESS WIRE)--Oct 10, 2018--The Trustees of The Putnam Funds have announced Section 19 Disclosure has been added to the following distribution declared on the September 14, 2018 press release.
SECTION 19 DISCLOSURE
Putnam Managed Municipal Income Trust
Putnam estimates that $0.0287 per share of Putnam Managed Municipal Income Trust’s dividend is paid from accumulated net investment income, and $0.0002 per share represents a nontaxable return of capital. These estimates and the sources of the fund’s dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates. A non-taxable return of capital, if any, cannot be determined until after the end of the fund’s fiscal year. In January 2019, you will receive final information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.
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CONTACT: PUTNAM SHAREHOLDERS CONTACT:
KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Putnam Funds
Copyright Business Wire 2018.
PUB: 10/10/2018 04:55 PM/DISC: 10/10/2018 04:55 PM