-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: keymaster@town.hall.org
Originator-Key-Asymmetric:
 MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq
 pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ==
MIC-Info: RSA-MD5,RSA,
 iL1zHRc4OBF8H21Jrpx2RndLya2AX1eaN0AwEA+OioADEU3PDld/wcd2+nKHzlW+
 Lj1GpV4zVTKTt8aE+UJuWQ==

<IMS-DOCUMENT>0000900422-94-000003.txt : 19941230
<IMS-HEADER>0000900422-94-000003.hdr.sgml : 19941230
ACCESSION NUMBER:		0000900422-94-000003
CONFORMED SUBMISSION TYPE:	NSAR-A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19941031
FILED AS OF DATE:		19941229
SROS:			NYSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM MUNICIPAL OPPORTUNITIES TRUST
		CENTRAL INDEX KEY:			0000900422
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				043187549
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NSAR-A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07626
		FILM NUMBER:		94566746

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQUARE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		6172921000

	MAIL ADDRESS:	
		STREET 1:		ONE POST OFFICE SQUARE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
</IMS-HEADER>
<DOCUMENT>
<TYPE>NSAR-A
<SEQUENCE>1
<DESCRIPTION>N-SAR (3.0.A)
<TEXT>

<PAGE>      PAGE  1
000 A000000 10/31/94
000 C000000 0000900422
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 PUTNAM MUNICIPAL OPPORTUNITIES TRUST
001 B000000 811-7626
001 C000000 6172921000
002 A000000 ONE POST OFFICE SQUARE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 Y
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 PUTNAM INVESTMENT MANAGEMENT, INC.
008 B000001 A
008 C000001 801-7974
008 D010001 BOSTON
008 D020001 MA
008 D030001 02109
011 A000001 PUTNAM MUTUAL FUNDS CORP.
011 B000001 8-5088
011 C010001 BOSTON
011 C020001 MA
011 C030001 02109
012 A000001 PUTNAM INVESTOR SERVICES
012 B000001 84-401299
012 C010001 BOSTON
012 C020001 MA
012 C030001 02109
013 A000001 COOPERS & LYBRAND
013 B010001 BOSTON
013 B020001 MA
<PAGE>      PAGE  2
013 B030001 02110
015 A000001 PUTNAM FIDUCIARY TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000   86
019 C000000 PUTNAMFUND
020 A000001 SCOTT BALDWIN
020 B000001 31-9581870
020 C000001     37
020 A000002 SCOTT & STRINGFELLOW
020 C000002      7
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       44
022 A000001 LEHMAN BROTHERS INC
022 B000001 13-2518466
022 C000001     26197
022 D000001     27861
022 A000002 PAINE WEBBER
022 B000002 13-2638166
022 C000002     20600
022 D000002     16200
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003     13060
022 D000003     15946
022 A000004 GREENWICH SECURITIES
022 B000004 13-2697091
022 C000004     16117
022 D000004      9807
022 A000005 GOLDMAN SACHS & CO
022 B000005 13-5108880
022 C000005      3565
022 D000005      8063
022 A000006 DONALDSON LUFKIN & JENRETTE
022 B000006 13-2741729
022 C000006      2586
022 D000006      7439
022 A000007 FIRST BOSTON CO
022 B000007 13-5659485
<PAGE>      PAGE  3
022 C000007      1451
022 D000007      4525
022 A000008 JP MORGAN SECURITIES
022 C000008      5169
022 D000008         0
022 A000009 WILLIAM E SIMON & SONS INC
022 B000009 22-3017217
022 C000009      4523
022 D000009         0
022 A000010 SMITH BARNEY
022 B000010 13-1912900
022 C000010      2862
022 D000010      1559
023 C000000     103462
023 D000000      95093
024  000000 N
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 Y
026 G020000 Y
026 H000000 N
027  000000 N
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
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028 F010000         0
028 F020000         0
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028 F040000         0
028 G010000         0
<PAGE>      PAGE  4
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.000
048 A010000   500000
048 A020000 0.700
048 B010000   500000
048 B020000 0.600
048 C010000   500000
048 C020000 0.550
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000  1500000
048 K020000 0.500
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 Y
053 B000000 Y
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
<PAGE>      PAGE  5
054 F000000 N
054 G000000 N
054 H000000 N
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
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062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
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062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000 102.1
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
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063 B000000  0.0
064 A000000 Y
064 B000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
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070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
<PAGE>      PAGE  6
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000     68799
071 B000000     65667
071 C000000    249141
071 D000000   26
072 A000000  6
072 B000000     9631
072 C000000        0
072 D000000        0
072 E000000        0
072 F000000      907
072 G000000        6
072 H000000        0
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072 L000000       34
072 M000000        7
072 N000000        1
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072 P000000        0
<PAGE>      PAGE  7
072 Q000000        0
072 R000000       25
072 S000000        6
072 T000000        0
072 U000000        3
072 V000000        0
072 W000000       76
072 X000000     1203
072 Y000000        0
072 Z000000     8428
072AA000000        0
072BB000000     4083
072CC010000        0
072CC020000     8006
072DD010000     8000
072DD020000      644
072EE000000        0
073 A010000   0.4950
073 A020000 804.6000
073 B000000   0.0480
073 C000000   0.0000
074 A000000      193
074 B000000        0
074 C000000        0
074 D000000   252058
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
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074 K000000        0
074 L000000     6148
074 M000000      133
074 N000000   258532
074 O000000     9750
074 P000000      445
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074 R020000        0
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074 R040000     1565
074 S000000        0
074 T000000   246772
074 U010000      800
074 U020000    16157
074 V010000 50000.00
074 V020000    12.80
074 W000000   0.0000
074 X000000     1412
074 Y000000        0
<PAGE>      PAGE  8
075 A000000        0
075 B000000   216971
076  000000    13.66
077 A000000 N
080 A000000 FEDERAL INSURANCE COMPANY
080 B000000 NATIONAL UNION FIRE INSURANCE COMPANY
080 C000000   500000
081 A000000 Y
081 B000000  85
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000    800
086 C020000  40000
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 PREFERRED
087 A020000 746922202
087 A030000 PMO
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE   GORDON H. SILVER                             
TITLE       VICE PRESIDENT      
 

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-27
<SEQUENCE>2
<DESCRIPTION>FINANCIAL DATA SCHEDULE
<FLAWED>
<TEXT>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM Putnam  Municipal Opportunities Trust   Preferred Series A
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>                         SEMI
<FISCAL-YEAR-END>                           APR-31-1994
<PERIOD-END>                                OCT-31-1994
<INVESTMENTS-AT-COST>                       271,795,440
<INVESTMENTS-AT-VALUE>                      252,058,320
<RECEIVABLES>                                 6,164,692
<ASSETS-OTHER>                                   22,785
<OTHER-ITEMS-ASSETS>                            286,500
<TOTAL-ASSETS>                              258,532,297
<PAYABLE-FOR-SECURITIES>                      9,750,000
<SENIOR-LONG-TERM-DEBT>                               0
<OTHER-ITEMS-LIABILITIES>                     2,010,024
<TOTAL-LIABILITIES>                          11,760,024
<SENIOR-EQUITY>                              40,000,000
<PAID-IN-CAPITAL-COMMON>                    226,378,559
<SHARES-COMMON-STOCK>                        16,157,092
<SHARES-COMMON-PRIOR>                        16,157,092
<ACCUMULATED-NII-CURRENT>                     2,831,035
<OVERDISTRIBUTION-NII>                                0
<ACCUMULATED-NET-GAINS>                     (2,601,764)
<OVERDISTRIBUTION-GAINS>                              0
<ACCUM-APPREC-OR-DEPREC>                   (19,835,557)
<NET-ASSETS>                                246,772,273
<DIVIDEND-INCOME>                                     0
<INTEREST-INCOME>                             9,631,171
<OTHER-INCOME>                                        0
<EXPENSES-NET>                                1,202,969
<NET-INVESTMENT-INCOME>                       8,428,202
<REALIZED-GAINS-CURRENT>                    (4,082,810)
<APPREC-INCREASE-CURRENT>                   (8,006,359)
<NET-CHANGE-FROM-OPS>                       (3,660,967)
<EQUALIZATION>                                        0
<DISTRIBUTIONS-OF-INCOME>                   (8,643,255)
<DISTRIBUTIONS-OF-GAINS>                              0
<DISTRIBUTIONS-OTHER>                                 0
<NUMBER-OF-SHARES-SOLD>                               0
<NUMBER-OF-SHARES-REDEEMED>                           0
<SHARES-REINVESTED>                                   0
<NET-CHANGE-IN-ASSETS>                     (12,522,658)
<ACCUMULATED-NII-PRIOR>                       3,046,088
<ACCUMULATED-GAINS-PRIOR>                     1,481,046
<OVERDISTRIB-NII-PRIOR>                               0
<OVERDIST-NET-GAINS-PRIOR>                            0
<GROSS-ADVISORY-FEES>                           907,457
<INTEREST-EXPENSE>                                    0
<GROSS-EXPENSE>                               1,202,969
<AVERAGE-NET-ASSETS>                        216,970,739
<PER-SHARE-NAV-BEGIN>                             13.57
<PER-SHARE-NII>                                     .60
<PER-SHARE-GAIN-APPREC>                           (.83)
<PER-SHARE-DIVIDEND>                              (.54)
<PER-SHARE-DISTRIBUTIONS>                             0
<RETURNS-OF-CAPITAL>                                  0
<PER-SHARE-NAV-END>                               12.80
<EXPENSE-RATIO>                                     .09
<AVG-DEBT-OUTSTANDING>                                0
<AVG-DEBT-PER-SHARE>                                  0
                                                       

</TABLE>
</TEXT>
</DOCUMENT>
</IMS-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
