Franklin Municipal Opportunities Trust (PMO) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Franklin Municipal Opportunities Trust (PMO) ten years ago, at the end of Oct 2016, was worth $13,150 at the end of Oct 2026 with every dividend reinvested: 2.8% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $25,431 reinvested (5.1% a year), or $19,729 taking the dividends as cash, $10,830 of it paid out along the way.
PMO became
$25,431
S&P 500: $72,756
Return a year
5.1%
S&P 500: 11.1%
Payouts reinvested
$19,089
bought more shares
Worst drop
-33.2%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | PMO total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −2.1% | $1,116 | +11.7% |
| 2025 | +10.5% | $1,086 | +17.7% |
| 2024 | +3.2% | $978 | +24.9% |
| 2023 | −1.3% | $1,018 | +26.2% |
| 2022 | −20.4% | $1,297 | −18.2% |
| 2021 | +10.1% | $1,257 | +28.7% |
| 2020 | +9.4% | $1,195 | +18.3% |
| 2019 | +23.1% | $1,134 | +31.2% |
| 2018 | −4.0% | $1,061 | −4.6% |
| 2017 | +8.8% | $1,028 | +21.7% |
| 2016 | +2.9% | $1,093 | +12.0% |
| 2015 | +8.6% | $1,022 | +1.2% |
| 2014 | +18.7% | $969 | +13.5% |
| 2013 | −12.0% | $870 | +32.3% |
| 2012 | +11.9% | $909 | +16.0% |
| 2011 | +21.2% | $908 | +1.9% |
| 2010 | +4.5% | $823 | +15.1% |
| 2009 | +37.2% | $739 | +26.4% |
| 2008 | −17.5% | $587 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: PMO total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Franklin Municipal Opportunities Trust (PMO) at the end of Dec 2007, with dividends reinvested, was worth $25,431 at the end of Oct 2026: 5.1% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, PMO turned $10,000 into $13,150 with dividends reinvested, 2.8% a year.
- Over the 5 years to Oct 2026, PMO returned -1.1% a year with dividends reinvested (S&P 500: 12.0%).
- Taking PMO's dividends as cash instead of reinvesting them, the same $10,000 ended at $19,729, including $10,830 of cash received; reinvesting added $5,703.
- PMO's best calendar year in that time was 2009 (37.2%) and its worst 2022 (-20.4%), with dividends reinvested.
Cite this page
SmarterDividends, "Franklin Municipal Opportunities Trust (PMO) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/PMO/total-return
PMO total return questions
If I invested $10,000 in PMO 10 years ago, how much would I have?
About $13,150 at the end of Oct 2026, with every dividend reinvested: 2.8% a year. Taking them as cash, you'd have shares worth $8,042 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is PMO's total return since Dec 2007?
154% in total, or 5.1% a year, through Oct 2026 with dividends reinvested. The share price alone fell 11%.
How much of PMO's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $5,703 better off on a $10,000 start.
What was PMO's worst year?
2022, at -20.4% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -33.2%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.