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Stocks higher on Wall Street; economic worries hit oil price
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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
The 3-Stock Retirement Blueprint (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
The 3-Stock Retirement Blueprint (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
Here's Bill Bonner's "4th and Final Prediction" (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
The 3-Stock Retirement Blueprint (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
The 3-Stock Retirement Blueprint (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
Here's Bill Bonner's "4th and Final Prediction" (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
The 3-Stock Retirement Blueprint (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Stocks end higher on Wall Street; economic worries hit oil
The 3-Stock Retirement Blueprint (Ad)
3 Stocks Set to Lead the Nasdaq Bull Market
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
Here's Bill Bonner's "4th and Final Prediction" (Ad)
NYSE:PMM

Putnam Managed Municipal Income Trust - PMM Stock Forecast, Price & News

$7.23
+0.07 (+0.98%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.14
$7.23
50-Day Range
$6.27
$7.30
52-Week Range
$6.17
$8.90
Volume
53,764 shs
Average Volume
146,183 shs
Market Capitalization
$353.40 million
P/E Ratio
N/A
Dividend Yield
5.31%
Price Target
N/A

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.

Putnam Managed Municipal Income Trust Stock Performance

PMM traded up $0.07 during trading on Monday, reaching $7.23. 53,764 shares of the company's stock were exchanged, compared to its average volume of 146,183. Putnam Managed Municipal Income Trust has a 1 year low of $6.17 and a 1 year high of $8.90. The company's fifty day simple moving average is $6.80 and its 200-day simple moving average is $6.91.

Putnam Managed Municipal Income Trust Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, August 1st. Shareholders of record on Friday, July 22nd were given a dividend of $0.032 per share. This represents a yield of 5.45%. The ex-dividend date was Thursday, July 21st.

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PMM Stock News Headlines

Monday's ETF with Unusual Volume: XMPT
Ex-Dividend Date Insight: Putnam Managed Municipal
Putnam Managed Municipal Income Trust (PMM)
Putnam Managed Municipal Income Trust
Putnam Investments to Hold Webcasts for Closed-End Funds
See More Headlines
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PMM Company Calendar

Ex-Dividend for 7/1 Dividend
6/23/2022
Dividend Payable
7/01/2022
Ex-Dividend for 8/1 Dividend
7/21/2022
Dividend Payable
8/01/2022
Today
8/16/2022
Fiscal Year End
10/31/2022

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

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
48,875,000
Market Cap
$353.40 million
Optionable
Not Optionable
Beta
0.36

Key Executives

  • Mr. Robert Lloyd Reynolds (Age 70)
    Pres and Interested Trustee
  • Ms. Janet C. Smith (Age 57)
    Principal Accounting Officer, VP and Assistant Treasurer
  • 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. (Age 61)
    CFA, Portfolio Mang.
  • Mr. Joshua Brooks
    Portfolio Mang.
  • Ms. Thalia M. Meehan C.F.A. (Age 61)
    CFA, Portfolio Mang.













PMM Stock - Frequently Asked Questions

How have PMM shares performed in 2022?

Putnam Managed Municipal Income Trust's stock was trading at $8.77 at the beginning of 2022. Since then, PMM shares have decreased by 17.6% and is now trading at $7.23.
View the best growth stocks for 2022 here
.

Are investors shorting Putnam Managed Municipal Income Trust?

Putnam Managed Municipal Income Trust saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 60,400 shares, a decline of 52.3% from the July 15th total of 126,500 shares. Based on an average daily volume of 134,600 shares, the days-to-cover 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, July 15th. Stockholders of record on Friday, July 22nd will be paid a dividend of $0.032 per share on Monday, August 1st. This represents a yield of 5.45%. The ex-dividend date is Thursday, July 21st.
Read our dividend analysis for PMM
.

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 5.31%. PMM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PMM.

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 shareholders include Wells Fargo & Company MN (0.82%), Van ECK Associates Corp (0.34%), Avantax Advisory Services Inc. (0.33%), Keudell Morrison Wealth Management (0.31%), LPL Financial LLC (0.25%) and Capital Investment Advisors LLC (0.22%).
View institutional ownership trends
.

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

Shares of PMM stock 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 $7.23.

How much money does Putnam Managed Municipal Income Trust make?

Putnam Managed Municipal Income Trust (NYSE:PMM) has a market capitalization of $353.40 million.

How can I contact Putnam Managed Municipal Income Trust?

The official website for the company is www.putnam.com. The company can be reached via phone at (617) 292-1000.

This page (NYSE:PMM) was last updated on 8/16/2022 by MarketBeat.com Staff

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