James Clark - Putnam Municipal Chief Compliance Officer, Vice President
| PMO Stock | USD 10.62 0.04 0.38% |
Insider
James Clark is Chief Compliance Officer, Vice President of Putnam Municipal Opportunities since 2016.
| Age | 46 |
| Tenure | 8 years |
| Address | 100 Federal Street, Boston, MA, United States, 02110 |
| Phone | 617-292-1000 |
| Web | https://www.putnam.com/individual/mutual-funds/clo |
James Clark Latest Insider Activity
Tracking and analyzing the buying and selling activities of James Clark against Putnam Municipal stock is an integral part of due diligence when investing in Putnam Municipal. James Clark insider activity provides valuable insight into whether Putnam Municipal is net buyers or sellers over its current business cycle. Note, Putnam Municipal insiders must abide by specific rules, including filing SEC forms every time they buy or sell Putnam Municipal'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
James Clark over two months ago Disposition of 103607 shares by James Clark of LSI Industries subject to Rule 16b-3 | ||
James Clark over three months ago Disposition of 30585 shares by James Clark of LSI Industries at 14.24 subject to Rule 16b-3 |
Putnam Municipal Management Efficiency
The company has Return on Asset of 0.0191 % which means that on every $100 spent on assets, it made $0.0191 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0204 %, implying that it generated $0.0204 on every 100 dollars invested. Putnam Municipal's management efficiency ratios could be used to measure how well Putnam Municipal manages its routine affairs as well as how well it operates its assets and liabilities. As of the 11th of December 2024, Return On Tangible Assets is likely to drop to 0.03. In addition to that, Return On Capital Employed is likely to grow to -0.02. At this time, Putnam Municipal's Total Assets are very stable compared to the past year. As of the 11th of December 2024, Net Tangible Assets is likely to grow to about 402.1 M, while Non Currrent Assets Other are likely to drop (513.3 M).Similar Executives
| Showing other executives | INSIDER Age | ||
| Kasey Phillips | MFS High Yield | 49 | |
| John Clark | MFS Investment Grade | 52 | |
| James Kilman | MFS Investment Grade | 59 | |
| Caroline Pearson | DWS Municipal Income | 58 | |
| Cynthia Hostetler | Invesco Quality Municipal | 58 | |
| Peter Jones | MFS High Yield | 65 | |
| Adrien Deberghes | Invesco Quality Municipal | 53 | |
| Andrew Schlossberg | Invesco Quality Municipal | 46 | |
| W Kester | Blackrock Muniholdings Quality | 70 | |
| William Siffermann | Nuveen New York | 45 | |
| Amanda Mooradian | MFS Investment Grade | 41 | |
| J Holloman | Munivest Fund | 66 | |
| W Kester | Munivest Fund | 70 | |
| Heidi Hardin | MFS High Yield | 51 | |
| Michael Roberge | MFS High Yield | 53 | |
| Michael Perry | Nuveen New York | 52 | |
| Michael Mcmaster | Invesco Quality Municipal | 58 | |
| Michelle GoveiaPine | DWS Municipal Income | 50 | |
| Paul Antosca | DWS Municipal Income | 63 | |
| J Holloman | Blackrock Muniyield Quality | 65 | |
| Catherine Schrand | DWS Municipal Income | N/A | |
Management Performance
| Return On Equity | 0.0204 | ||||
| Return On Asset | 0.0191 |
Putnam Municipal Opp Leadership Team
Elected by the shareholders, the Putnam Municipal's board of directors comprises two types of representatives: Putnam Municipal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Putnam. The board's role is to monitor Putnam Municipal's management team and ensure that shareholders' interests are well served. Putnam Municipal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Putnam Municipal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Reynolds, CEO and President Interested Trustee and Member of Investment Oversight Committee A | ||
| CFA CFA, Portfolio Manager | ||
| Susan McCormack, Portfolio Manager | ||
| Michael Higgins, Vice President Treasurer, Clerk | ||
| Robert Patterson, Independent Trustee | ||
| Janet Smith, Vice President, Principal Financial Officer, Principal Accounting Officer, Assistant Treasurer | ||
| George Putnam, Independent Trustee | ||
| Mark Trenchard, Vice President BSA Compliance Officer | ||
| Manoj Singh, Independent Trustee | ||
| Richard Kircher, Vice President and BSA Compliance Officer | ||
| Thalia CFA, Portfolio Manager | ||
| Katinka Domotorffy, Independent Trustee | ||
| Robert Burns, Vice President, Chief Legal Officer | ||
| Susan Malloy, Vice President Assistant Treasurer | ||
| Kenneth Leibler, Independent Chairman of the Board of Trustees | ||
| Nancy Florek, Vice President Director - Proxy Voting and Corporate Governance, Assistant Clerk, Associate Treasurer | ||
| Barbara Baumann, Independent Trustee | ||
| James Clark, Chief Compliance Officer, Vice President | ||
| Catharine Hill, Independent Trustee | ||
| Jonathan Horwitz, Principal Executive Officer, Executive Vice President - Compliance Liaison | ||
| Paul Joskow, Independent Trustee | ||
| Liaquat Ahamed, Independent Trustee | ||
| Ravi Akhoury, Independent Trustee | ||
| Mona Sutphen, Independent Trustee | ||
| Denere Poulack, Assistant Vice President Assistant Clerk, Assistant Treasurer | ||
| Sandra Whiston, Officer |
Putnam Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Putnam Municipal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0204 | ||||
| Return On Asset | 0.0191 | ||||
| Profit Margin | 0.50 % | ||||
| Operating Margin | 0.85 % | ||||
| Current Valuation | 456.86 M | ||||
| Shares Outstanding | 31.06 M | ||||
| Shares Owned By Insiders | 0.01 % | ||||
| Shares Owned By Institutions | 22.63 % | ||||
| Number Of Shares Shorted | 56.31 K | ||||
| Price To Earning | 24.08 X |
Pair Trading with Putnam Municipal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Putnam Municipal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Putnam Municipal will appreciate offsetting losses from the drop in the long position's value.Moving against Putnam Stock
| 0.45 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
| 0.4 | COF | Capital One Financial Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.39 | V | Visa Class A | PairCorr |
| 0.37 | AMP | Ameriprise Financial Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.35 | WAVS | Western Acquisition | PairCorr |
The ability to find closely correlated positions to Putnam Municipal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Putnam Municipal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Putnam Municipal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Putnam Municipal Opportunities to buy it.
The correlation of Putnam Municipal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Putnam Municipal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Putnam Municipal Opp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Putnam Municipal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Municipal Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Municipal. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Municipal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.95) | Dividend Share 0.619 | Earnings Share 0.59 | Revenue Per Share 0.632 | Quarterly Revenue Growth 0.105 |
The market value of Putnam Municipal Opp is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Municipal's value that differs from its market value or its book value, called intrinsic value, which is Putnam Municipal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Municipal's market value can be influenced by many factors that don't directly affect Putnam Municipal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.