Franklin Municipal Opportunities Trust Repurchases 95% of Outstanding Remarketed Preferred Shares

• Franklin Municipal Opportunities Trust accepted 5,273 Series B and Series C Remarketed Preferred Shares for repurchase, approximately 95% of outstanding Remarketed Shares.
• The repurchase price was $23,218.75 per share, or 92.88% of the $25,000 liquidation preference, with accrued and unpaid dividends.
• The tender offer expired October 29, 2026. Payment was made November 5, 2026.
• The fund completed an offering of 1,380 Series 1 Variable Rate Demand Preferred Shares with a $100,000 liquidation preference per share.
• Offering net proceeds funded the repurchase; untendered Remarketed Shares remain outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Municipal Opportunities Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 20261105876264) on November 05, 2026, and is solely responsible for the information contained therein.