NYSE:PMM - Putnam Managed Municipal Income Trust Stock Price, News, & Analysis

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$7.42 +0.10 (+1.37 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$7.32
Today's Range$7.34 - $7.42
52-Week Range$6.54 - $7.51
Volume700 shs
Average Volume92,152 shs
Market Capitalization$398.75 million
P/E RatioN/A
Dividend Yield4.98%
Beta0.18
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.

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Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$398.75 million
Next Earnings DateN/A
OptionableNot Optionable

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

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."

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 monthly dividend on Monday, May 21st. Shareholders of record on Friday, June 22nd will be paid a dividend of $0.0289 per share on Monday, July 2nd. This represents a $0.35 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend is Thursday, June 21st. View Putnam Managed Municipal Income Trust's Dividend History.

Has Putnam Managed Municipal Income Trust been receiving favorable news coverage?

News stories about PMM stock have trended neutral recently, according to InfoTrie. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Putnam Managed Municipal Income Trust earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near term.

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

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

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

Putnam Managed Municipal Income Trust's management team includes the folowing people:
  • Mr. Robert Lloyd Reynolds, Pres and Interested Trustee (Age 67)
  • Mr. Jonathan S. Horwitz, Principal Exec. Officer, Exec. VP and Compliance Liaison (Age 64)
  • Mr. Steven D. Krichmar, Principal Financial Officer and VP (Age 61)
  • Ms. Janet C. Smith, Principal Accounting Officer, VP and Assistant Treasurer (Age 54)
  • Mr. Robert R. Leveille, Chief Compliance Officer and VP (Age 50)

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

Putnam Managed Municipal Income Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Robinson Capital Management LLC (1.80%), Cohen & Steers Inc. (0.62%), Raymond James & Associates (0.55%), Van ECK Associates Corp (0.35%), LPL Financial LLC (0.29%) and Bank of America Corp DE (0.26%). View Institutional Ownership Trends for Putnam Managed Municipal Income Trust.

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

PMM stock was sold by a variety of institutional investors in the last quarter, including Robinson Capital Management LLC, Infrastructure Capital Advisors LLC, Advisors Asset Management Inc., Bank of America Corp DE, LPL Financial LLC, Advisor Group Inc., Quad Cities Investment Group LLC and Wedbush Securities Inc.. View Insider Buying and Selling for Putnam Managed Municipal Income Trust.

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

PMM stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., National Asset Management Inc., Raymond James Financial Services Advisors Inc., Stifel Financial Corp, Raymond James & Associates, Questar Asset Management Inc., Hayden Royal LLC and Wakefield Asset Management LLLP. View Insider Buying and Selling for Putnam Managed Municipal Income Trust.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

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

One share of PMM stock can currently be purchased for approximately $7.42.

How big of a company is Putnam Managed Municipal Income Trust?

Putnam Managed Municipal Income Trust has a market capitalization of $398.75 million.


MarketBeat Community Rating for Putnam Managed Municipal Income Trust (NYSE PMM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  62 (Vote Underperform)
Total Votes:  119
MarketBeat's community ratings are surveys of what our community members think about Putnam Managed Municipal Income Trust and other stocks. Vote "Outperform" if you believe PMM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PMM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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