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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:PMM

Putnam Managed Municipal Income Trust Stock Forecast, Price & News

$6.46
+0.14 (+2.22%)
(As of 06/24/2022 12:00 AM ET)
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Today's Range
$6.32
$6.48
50-Day Range
$6.27
$7.05
52-Week Range
$6.17
$8.90
Volume
63,894 shs
Average Volume
153,138 shs
Market Capitalization
$315.76 million
P/E Ratio
N/A
Dividend Yield
5.94%
Price Target
N/A
30 days | 90 days | 365 days | Advanced Chart

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PMM Stock Forecast (MarketRank)

Overall MarketRank

1.21 out of 5 stars

Finance Sector

1170th out of 1,356 stocks

Investment Offices, Not Elsewhere Classified Industry

86th out of 137 stocks

Analyst Opinion: 0.0Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

About Putnam Managed Municipal Income Trust

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.

PMM Stock News Headlines

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Industry, Sector and Symbol

Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Company Calendar

Ex-Dividend for 6/1 Dividend
5/23/2022
Dividend Payable
6/01/2022
Ex-Dividend for 7/1 Dividend
6/23/2022
Today
6/26/2022
Dividend Payable
7/01/2022
Fiscal Year End
10/31/2022

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
48,875,000
Market Cap
$315.76 million
Optionable
Not Optionable
Beta
0.34














Putnam Managed Municipal Income Trust Frequently Asked Questions

How has Putnam Managed Municipal Income Trust's stock price performed in 2022?

Putnam Managed Municipal Income Trust's stock was trading at $8.77 at the beginning of the year. Since then, PMM stock has decreased by 26.3% and is now trading at $6.46.
View the best growth stocks for 2022 here
.

Are investors shorting Putnam Managed Municipal Income Trust?

Putnam Managed Municipal Income Trust saw a increase in short interest in May. As of May 31st, there was short interest totaling 67,800 shares, an increase of 42.1% from the May 15th total of 47,700 shares. Based on an average trading volume of 157,200 shares, the short-interest ratio is presently 0.4 days.
View Putnam Managed Municipal Income Trust's Short Interest
.

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 announced a dividend on Friday, June 17th. Shareholders of record on Friday, June 24th will be paid a dividend of $0.032 per share on Friday, July 1st. This represents a dividend yield of 6.08%. The ex-dividend date is Thursday, June 23rd.
View Putnam Managed Municipal Income Trust's dividend history
.

Is Putnam Managed Municipal Income Trust a good dividend stock?

Putnam Managed Municipal Income Trust(NYSE:PMM) pays an annual dividend of $0.38 per share and currently has a dividend yield of 5.94%. 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 70)
  • Ms. Janet C. Smith, Principal Accounting Officer, VP and Assistant Treasurer (Age 57)
  • 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 61)
  • Mr. Joshua Brooks, Portfolio Mang.
  • Ms. Thalia M. Meehan C.F.A., CFA, Portfolio Mang. (Age 61)

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

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 number of retail and institutional investors. Top institutional investors include Raymond James & Associates (1.48%), Bank of America Corp DE (0.64%), Van ECK Associates Corp (0.43%), Raymond James Financial Services Advisors Inc. (0.40%), Rivernorth Capital Management LLC (0.37%) and Advisor Group Holdings Inc. (0.26%).
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 Joseph P. Lucia & Associates LLC, Commonwealth Equity Services LLC, Wedbush Securities Inc., National Asset Management Inc., Sheaff Brock Investment Advisors LLC, UBS Group AG, Cetera Advisor Networks LLC, and United Capital Financial Advisers 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 acquired by a variety of institutional investors in the last quarter, including Rivernorth Capital Management LLC, Bank of America Corp DE, Raymond James & Associates, Van ECK Associates Corp, Landscape Capital Management L.L.C., Northwestern Mutual Wealth Management Co., Bay Colony Advisory Group Inc d b a Bay Colony Advisors, and Comerica Bank.
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 $6.46.

How much money does Putnam Managed Municipal Income Trust make?

Putnam Managed Municipal Income Trust (NYSE:PMM) has a market capitalization of $315.76 million.

How can I contact Putnam Managed Municipal Income Trust?

The official website for Putnam Managed Municipal Income Trust is www.putnam.com. The company can be reached via phone at (617) 292-1000.

This page (NYSE:PMM) was last updated on 6/26/2022 by MarketBeat.com Staff

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