Franklin Municipal Opportunities Trust
Sponsor: Franklin Templeton · Inception May 24, 1993 · Pays monthly
Market priceShare price
$9.73
+1.88% (+$0.18)
NAVAsset value per share
$10.34
as of Oct 15, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
5.90% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
6.41%
regular, annualised · on NAV 6.03%
Expense ratioAnnual cost
1.22%
fee table, Oct 2, 2026
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:41 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jul 31, 2026, filed Sep 25, 2026. 302 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Debt | 99.25% | $456M |
| Mortgage-backed | 0.49% | $2.2M |
| OTHER | 0.26% | $1.2M |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 98.71% | $453M |
| Puerto Rico | 1.29% | $5.9M |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 98.71% | $453M |
| Latin America | 1.29% | $5.9M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Municipal | 99.74% | $458M |
| Registered fund | 0.26% | $1.2M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 99.74% | $458M |
| Level 1 | 0.26% | $1.2M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $459M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 302 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| Town of Providence Village TX | 743816AG5 | Debt | MUN | United States | 385,000 | principal | $378K | 0.08% | 2 |
| Industrial Development Authority of the County of Pima (The) | 72178AAJ1 | Debt | MUN | United States | 350,000 | principal | $371K | 0.08% | 2 |
| Utah Infrastructure Agency | 917467DF6 | Debt | MUN | United States | 375,000 | principal | $371K | 0.08% | 2 |
| City of Ennis TX | 293470AC4 | Debt | MUN | United States | 350,000 | principal | $351K | 0.08% | 2 |
| Florida Development Finance Corp. | 34061UJN9 | Debt | MUN | United States | 380,000 | principal | $349K | 0.08% | 2 |
| Maricopa County Industrial Development Authority | 56681NAS6 | Debt | MUN | United States | 350,000 | principal | $345K | 0.08% | 2 |
| CMFA Special Finance Agency VII | 12574UAA2 | Debt | MUN | United States | 500,000 | principal | $339K | 0.07% | 2 |
| Chicago Board of Education | 167505ZG4 | Debt | MUN | United States | 325,000 | principal | $332K | 0.07% | 2 |
| Chicago O'Hare International Airport | 167593K92 | Debt | MUN | United States | 300,000 | principal | $307K | 0.07% | 2 |
| Public Finance Authority | 74442P4E2 | Debt | MUN | United States | 300,000 | principal | $305K | 0.07% | 2 |
| Iowa Finance Authority | 46247CER6 | Debt | MUN | United States | 300,000 | principal | $305K | 0.07% | 2 |
| Waterset South Community Development District | 94186HAQ4 | Debt | MUN | United States | 300,000 | principal | $299K | 0.07% | 2 |
| Public Finance Authority | 74439YDH1 | Debt | MUN | United States | 300,000 | principal | $298K | 0.06% | 2 |
| Oneida Indian Nation of New York | 682504AB1 | Debt | MUN | United States | 300,000 | principal | $298K | 0.06% | 2 |
| Public Finance Authority | 74439YGG0 | Debt | MUN | United States | 300,000 | principal | $297K | 0.06% | 2 |
| City of Dripping Springs TX | 262062AJ1 | Debt | MUN | United States | 300,000 | principal | $296K | 0.06% | 2 |
| Center Lake Ranch West Community Development District | 151500AG0 | Debt | MUN | United States | 300,000 | principal | $294K | 0.06% | 2 |
| Firethorn Community Development District | 31832AAD8 | Debt | MUN | United States | 300,000 | principal | $291K | 0.06% | 2 |
| New Port Corners Community Development District | 648122AD1 | Debt | MUN | United States | 300,000 | principal | $291K | 0.06% | 2 |
| Pennsylvania Higher Education Assistance Agency | 70878CCB9 | Debt | MUN | United States | 300,000 | principal | $290K | 0.06% | 2 |
| City of Princeton TX | 742400DT8 | Debt | MUN | United States | 285,000 | principal | $286K | 0.06% | 2 |
| Lakewood Ranch Stewardship District | 51265KGH5 | Debt | MUN | United States | 275,000 | principal | $285K | 0.06% | 2 |
| City of Princeton TX | 742400DQ4 | Debt | MUN | United States | 275,000 | principal | $275K | 0.06% | 2 |
| Florida Development Finance Corp. | 34061UJU3 | Debt | MUN | United States | 300,000 | principal | $271K | 0.06% | 2 |
| Riverwalk Community Development District | 76951PAL7 | Debt | MUN | United States | 275,000 | principal | $270K | 0.06% | 2 |
| Del Webb Oak Creek Community Development District | 245509AF1 | Debt | MUN | United States | 270,000 | principal | $267K | 0.06% | 2 |
| City of Princeton TX | 742400DW1 | Debt | MUN | United States | 260,000 | principal | $260K | 0.06% | 2 |
| City of Anna TX | 035713BC9 | Debt | MUN | United States | 250,000 | principal | $255K | 0.06% | 2 |
| Palermo Community Development District | 696280AF3 | Debt | MUN | United States | 250,000 | principal | $253K | 0.06% | 2 |
| Public Finance Authority | 74443UAZ6 | Debt | MUN | United States | 250,000 | principal | $251K | 0.05% | 2 |
| Harris County Cultural Education Facilities Finance Corp. | 414009LD0 | Debt | MUN | United States | 245,000 | principal | $245K | 0.05% | 2 |
| Massachusetts Development Finance Agency | 57585BYM4 | Debt | MUN | United States | 250,000 | principal | $244K | 0.05% | 2 |
| Florida Development Finance Corp. | 34061UJP4 | Debt | MUN | United States | 250,000 | principal | $226K | 0.05% | 2 |
| Waterset South Community Development District | 94186HAL5 | Debt | MUN | United States | 225,000 | principal | $225K | 0.05% | 2 |
| City of Goose Creek SC | 38259TAC8 | Debt | MUN | United States | 200,000 | principal | $199K | 0.04% | 2 |
| Hills of Minneola Community Development District | 431688AP5 | Debt | MUN | United States | 195,000 | principal | $192K | 0.04% | 2 |
| Southpointe of Manatee County Community Development District | 844654AC7 | Debt | MUN | United States | 195,000 | principal | $190K | 0.04% | 2 |
| Woodcreek Community Development District | 97925TAG9 | Debt | MUN | United States | 200,000 | principal | $190K | 0.04% | 2 |
| Sugarloaf Community Development District | 865037AC9 | Debt | MUN | United States | 190,000 | principal | $185K | 0.04% | 2 |
| Hunt Club Grove Community Development District | 445583AF4 | Debt | MUN | United States | 185,000 | principal | $184K | 0.04% | 2 |
| City of Manor TX | 564099AV1 | Debt | MUN | United States | 175,000 | principal | $183K | 0.04% | 2 |
| Capital Trust Authority | 14054WBX2 | Debt | MUN | United States | 185,000 | principal | $175K | 0.04% | 2 |
| Atlanta Development Authority (The) | 04777LDV5 | Debt | MUN | United States | 125,000 | principal | $128K | 0.03% | 2 |
| Vivid Shores Community Development District | 92853QAD9 | Debt | MUN | United States | 110,000 | principal | $108K | 0.02% | 2 |
| City of Mesquite TX | 590771BN0 | Debt | MUN | United States | 100,000 | principal | $101K | 0.02% | 2 |
| City of Anna TX | 035713BF2 | Debt | MUN | United States | 100,000 | principal | $101K | 0.02% | 2 |
| Lakeside at Satilla Community Development District | 51210AAC0 | Debt | MUN | United States | 100,000 | principal | $98.7K | 0.02% | 2 |
| Philadelphia Authority for Industrial Development | 71781XGT4 | Debt | MUN | United States | 465,246 | principal | $93K | 0.02% | 2 |
| Aquarion Water Authority | 03843TCG4 | Debt | MUN | United States | 250,000 | principal | $72.3K | 0.02% | 2 |
| Aquarion Water Authority | 03843TCH2 | Debt | MUN | United States | 250,000 | principal | $66.6K | 0.01% | 2 |
| Aquarion Water Authority | 03843TCJ8 | Debt | MUN | United States | 250,000 | principal | $64.2K | 0.01% | 2 |
| Public Finance Authority | 74443CAB9 | Debt | MUN | United States | 60,000 | principal | $60K | 0.01% | 2 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jul 31, 2026 | Sep 25, 2026 | 302 | 100.0% | $459M | full |
| Apr 30, 2026 | Jun 24, 2026 | 283 | 100.0% | $467M | full |
| Jan 31, 2026 | Mar 27, 2026 | 287 | 100.0% | $468M | full |
| Oct 31, 2025 | Dec 23, 2025 | 280 | 100.0% | $465M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Franklin Municipal Opportunities Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.