PMO · NYSE · Closed-end fund
Franklin Municipal Opportunities Trust (PMO) Price, Holdings & Fees
Franklin Municipal Opportunities Trust (PMO) closed at $623.51 on Oct 9, 2026, down 1.20% from the previous close of $631.10.
Share price, past year
1Y +39.50%Monthly closing prices
| Date | Close |
|---|---|
| Oct 9, 2026 | $623.51 |
| Sep 30, 2026 | $632.32 |
| Aug 31, 2026 | $617.71 |
| Jul 31, 2026 | $552.04 |
| Jun 30, 2026 | $575.10 |
| May 29, 2026 | $580.72 |
| Apr 30, 2026 | $554.11 |
| Mar 31, 2026 | $558.10 |
| Feb 27, 2026 | $555.36 |
| Jan 30, 2026 | $538.29 |
| Dec 31, 2025 | $547.06 |
| Nov 28, 2025 | $481.42 |
| Oct 31, 2025 | $466.72 |
Key statistics
- Expense ratio
- 1.22%
- as of Oct 2, 2026
- Net assets
- $303M
- as of Jul 31, 2026
- Holdings
- 303
- as of Jul 31, 2026
- 52-week range
- $445.71 – $646.55
Franklin Municipal Opportunities Trust's expense ratio is 1.22%: $122.00 a year on $10,000 invested.
Holdings
Franklin Municipal Opportunities Trust held 303 investments worth $303.04M as of Jul 31, 2026. Its largest holding was Metropolitan Pier & Exposition Authority, at 3.39% of the fund.
| # | Holding | % of fund | Value |
|---|---|---|---|
| 1 | Metropolitan Pier & Exposition Authority | 3.39% | $10.28M |
| 2 | Texas Transportation Finance Corp. | 2.82% | $8.54M |
| 3 | Metropolitan Transportation Authority | 2.80% | $8.49M |
| 4 | Commonwealth of Massachusetts | 2.63% | $7.96M |
| 5 | Texas Transportation Finance Corp. | 2.53% | $7.67M |
| 6 | City of Miami FL | 2.23% | $6.76M |
| 7 | King County Public Hospital District No. 2 | 2.08% | $6.30M |
| 8 | San Francisco City & County Airport Comm-San Francisco International Airport | 2.07% | $6.28M |
| 9 | Alaska Industrial Development & Export Authority | 1.84% | $5.56M |
| 10 | Allegheny County Airport Authority | 1.72% | $5.21M |
| 11 | Southeast Energy Authority A Cooperative District | 1.70% | $5.14M |
| 12 | Washington Metropolitan Area Transit Authority Dedicated Revenue | 1.68% | $5.08M |
| 13 | DeKalb County Housing Authority | 1.62% | $4.92M |
| 14 | County of Washoe NV | 1.61% | $4.88M |
| 15 | Commonwealth of Puerto Rico | 1.55% | $4.69M |
| 16 | Wisconsin Health & Educational Facilities Authority | 1.50% | $4.56M |
| 17 | City & County of Denver CO Airport System Revenue | 1.50% | $4.54M |
| 18 | Triborough Bridge & Tunnel Authority Sales Tax Revenue | 1.50% | $4.53M |
| 19 | Pontiac School District | 1.45% | $4.39M |
| 20 | Grays Harbor County Public Hospital District No. 1 | 1.43% | $4.34M |
| 21 | New York City Transitional Finance Authority Future Tax Secured Revenue | 1.43% | $4.33M |
| 22 | Clifton Higher Education Finance Corp. | 1.41% | $4.27M |
| 23 | Metropolitan Pier & Exposition Authority | 1.40% | $4.24M |
| 24 | Pontiac School District | 1.36% | $4.13M |
| 25 | CSCDA Community Improvement Authority | 1.23% | $3.73M |
Top 25 of 303 holdings, as of Jul 31, 2026. Percentages are of the fund's net assets.
What the fund owns
| Asset type | % of fund |
|---|---|
| Bonds and other debt | 150.35% |
| Mortgage-backed securities | 0.74% |
| Other | 0.40% |
| Country | % of fund |
|---|---|
| United States | 149.54% |
| Puerto Rico | 1.95% |
Shares of net assets from the fund's N-PORT report. Funds that borrow can add up to more than 100%, with borrowing (such as repurchase agreements) shown as a negative share.
Monthly total returns
Over the 3 months to Jul 31, 2026, Franklin Municipal Opportunities Trust's total return was −1.04%, as reported to the SEC.
| Month | Total return |
|---|---|
| Jul 31, 2026 | −3.46% |
| Jun 30, 2026 | +1.60% |
| May 31, 2026 | +0.89% |
The fund's own total returns as reported to the SEC (N-PORT), including reinvested distributions. Not the sample prices above.
Fund profile
- Name
- Franklin Municipal Opportunities Trust
- Ticker
- PMO
- Exchange
- NYSE
- Fund type
- Closed-end fund
- Trust
- FRANKLIN MUNICIPAL OPPORTUNITIES TRUST
- SEC CIK
- 0000900422
- Fractional shares
- Yes
Recent SEC filings
- Sep 25, 2026
- Jul 22, 2026
- Jun 25, 2026
- Dec 30, 2025
- Jun 27, 2025
- Dec 27, 2024
- Jun 26, 2024
- Dec 27, 2023
Frequently asked questions
What is PMO's price?
Franklin Municipal Opportunities Trust (PMO) closed at $623.51 on Oct 9, 2026, down 1.20% from the previous close of $631.10.
What is PMO's expense ratio?
Franklin Municipal Opportunities Trust's expense ratio is 1.22%: $122.00 a year on $10,000 invested.
What does PMO hold?
Franklin Municipal Opportunities Trust held 303 investments worth $303.04M as of Jul 31, 2026. Its largest holding was Metropolitan Pier & Exposition Authority, at 3.39% of the fund. Its five largest holdings were Metropolitan Pier & Exposition Authority, Texas Transportation Finance Corp., Metropolitan Transportation Authority, Commonwealth of Massachusetts, Texas Transportation Finance Corp..
How has PMO performed?
Over the 3 months to Jul 31, 2026, Franklin Municipal Opportunities Trust's total return was −1.04%, as reported to the SEC.
Sources and methodology
Holdings, net assets and monthly returns come from the fund's N-PORT filing with the SEC, as of Jul 31, 2026 (filed Sep 25, 2026). The expense ratio is from the fund's prospectus or shareholder report, as of Oct 2, 2026. Prices are generated sample data for development. Data sources and disclosures