NYSE:PMM

Putnam Managed Municipal Income Trust Stock Forecast, Price & News

$8.50
0.00 (0.00 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$8.48
Now: $8.50▼
$8.50
50-Day Range
$7.95
MA: $8.12▼
$8.50
52-Week Range
$6.56
Now: $8.50▼
$8.50
Volume52,580 shs
Average Volume69,719 shs
Market Capitalization$415.48 million
P/E RatioN/A
Dividend Yield4.47%
Beta0.25
Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of tax-exempt municipal securities, including high-yield securities that are rated below investment grade. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in the United States.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:PMM
Previous Symbol
CUSIPN/A
CIK844790
Webwww.putnam.com
Phone(617) 292-1000
EmployeesN/A
Year FoundedN/A

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Outstanding Shares48,880,000
Market Cap$415.48 million
Next Earnings DateN/A
OptionableNot Optionable

Headlines

Putnam Managed Municipal Income Trust (NYSE:PMM) Declares Dividend of $0.03
April 15, 2021 |  americanbankingnews.com
Putnam Investments to Hold Webcast for Closed-End Funds
April 14, 2021 |  businesswire.com
Ex-Dividend Date Insight: Putnam Managed Municipal
February 19, 2021 |  benzinga.com
Putnam Investments Announces Updated 19(a) Notices for Closed-End Municipal Funds
December 18, 2020 |  finance.yahoo.com
Putnam Managed Municipal Income Trust declares $0.032 dividend
August 7, 2020 |  seekingalpha.com
Annual Meeting of Putnam Closed-End Fund Shareholders to Be Held on April 24, 2020 Solely by Means of Remote Communication
April 15, 2020 |  finance.yahoo.com
Putnam Managed Municipal Income Trust (PMM)
February 20, 2020 |  finance.yahoo.com
Putnam Managed Muni Income Trust Inc. -- Moody's announces completion of a periodic review of ratings of Putnam Managed Muni Income Trust Inc.
January 27, 2020 |  finance.yahoo.com
Putnam Managed Municipal Income Trust
October 23, 2019 |  markets.ft.com
Putnam Managed Muni Income Trust -- Moody's announces completion of a periodic review of ratings of Putnam Managed Muni Income Trust
February 21, 2019 |  finance.yahoo.com
Putnam Investments to Hold Webcasts for Closed-End Funds
January 10, 2019 |  finance.yahoo.com
See More Headlines

MarketRank™

Overall MarketRank™

0.81 out of 5 stars

Finance Sector

1281st out of 1,953 stocks

Investment Offices, Not Elsewhere Classified Industry

91st out of 172 stocks

Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
$8.50
0.00 (0.00 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Putnam Managed Municipal Income Trust (NYSE:PMM) Frequently Asked Questions

What stocks does MarketBeat like better than Putnam Managed Municipal Income Trust?

Wall Street analysts have given Putnam Managed Municipal Income Trust a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Putnam Managed Municipal Income Trust wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has Putnam Managed Municipal Income Trust's stock been impacted by Coronavirus (COVID-19)?

Putnam Managed Municipal Income Trust's stock was trading at $7.41 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PMM stock has increased by 14.7% and is now trading at $8.50.
View which stocks have been most impacted by COVID-19.

How often does Putnam Managed Municipal Income Trust pay dividends? What is the dividend yield for Putnam Managed Municipal Income Trust?

Putnam Managed Municipal Income Trust declared a dividend on Thursday, April 15th. Investors of record on Friday, April 23rd will be given a dividend of $0.032 per share on Monday, May 3rd. This represents a dividend yield of 4.52%. The ex-dividend date of this dividend is Thursday, April 22nd.
View Putnam Managed Municipal Income Trust's dividend history.

Is Putnam Managed Municipal Income Trust a good dividend stock?

Putnam Managed Municipal Income Trust pays an annual dividend of $0.38 per share and currently has a dividend yield of 4.47%. PMM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Putnam Managed Municipal Income Trust's dividend history.

Who are Putnam Managed Municipal Income Trust's key executives?

Putnam Managed Municipal Income Trust's management team includes the following people:
  • Mr. Robert Lloyd Reynolds, Pres and Interested Trustee (Age 69)
  • Ms. Janet C. Smith, Principal Accounting Officer, VP and Assistant Treasurer (Age 56)
  • Ms. Susan A. McCormack, Sr. VP and Portfolio Mang.
  • Mr. Paul M. Drury C.F.A., CFA, Portfolio Mang.
  • Mr. Kevin Michael Cronin C.F.A., CFA, Portfolio Mang. (Age 60)
  • Mr. Joshua Brooks, Portfolio Mang.
  • Ms. Thalia M. Meehan C.F.A., CFA, Portfolio Mang. (Age 59)

Who are some of Putnam Managed Municipal Income Trust's key competitors?

Some companies that are related to Putnam Managed Municipal Income Trust include iShares MSCI Australia ETF (EWA), Tortoise Energy Infrastructure (TYG), Boulder Growth & Income Fund (BIF), iShares MSCI Hong Kong ETF (EWH), Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX), Aberdeen Asia-Pacific Income Fund (FAX), Tekla Healthcare Investors (HQH), AllianceBernstein Global High Income Fund (AWF), General American Investors (GAM), Central Securities (CET), SPDR Bloomberg Barclays International Treasury Bond ETF (BWX), BlackRock MuniYield Quality Fund III (MYI), Apollo Investment (AINV), Cornerstone Strategic Value Fund (CLM) and PIMCO High Income Fund (PHK).
View all of PMM's competitors.

What other stocks do shareholders of Putnam Managed Municipal Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Putnam Managed Municipal Income Trust investors own include Verizon Communications (VZ), The Southern (SO), ClearBridge MLP and Midstream Fund (CEM), Duff & Phelps Utility and Infrastructure Fund (DPG), Duff & Phelps Select MLP and Midstream Energy Fund (DSE), Consolidated Edison (ED), ClearBridge Energy Midstream Opportunity Fund (EMO), Enterprise Products Partners (EPD), Pfizer (PFE) and SMART Global (SGH).

What is Putnam Managed Municipal Income Trust's stock symbol?

Putnam Managed Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PMM."

Who are Putnam Managed Municipal Income Trust's major shareholders?

Putnam Managed Municipal Income Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Gill Capital Partners LLC (0.21%) and Vanguard Capital Wealth Advisors (0.04%).
View institutional ownership trends for Putnam Managed Municipal Income Trust.

Which major investors are selling Putnam Managed Municipal Income Trust stock?

PMM stock was sold by a variety of institutional investors in the last quarter, including Gill Capital Partners LLC.
View insider buying and selling activity for Putnam Managed Municipal Income Trust or view top insider-selling stocks.

Which major investors are buying Putnam Managed Municipal Income Trust stock?

PMM stock was bought by a variety of institutional investors in the last quarter, including Vanguard Capital Wealth Advisors.
View insider buying and selling activity for Putnam Managed Municipal Income Trust or or view top insider-buying stocks.

How do I buy shares of Putnam Managed Municipal Income Trust?

Shares of PMM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Putnam Managed Municipal Income Trust's stock price today?

One share of PMM stock can currently be purchased for approximately $8.50.

How much money does Putnam Managed Municipal Income Trust make?

Putnam Managed Municipal Income Trust has a market capitalization of $415.48 million.

What is Putnam Managed Municipal Income Trust's official website?

The official website for Putnam Managed Municipal Income Trust is www.putnam.com.

How can I contact Putnam Managed Municipal Income Trust?

The company can be reached via phone at (617) 292-1000.


This page was last updated on 4/18/2021 by MarketBeat.com Staff

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