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

$7.72
+0.02 (+0.26 %)
(As of 06/14/2019 04:00 PM ET)
Today's Range
$7.6899
Now: $7.72
$7.73
50-Day Range
$7.47
MA: $7.54
$7.72
52-Week Range
$6.54
Now: $7.72
$7.72
Volume50,913 shs
Average Volume76,027 shs
Market Capitalization$414.87 million
P/E RatioN/A
Dividend Yield4.75%
Beta0.16
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

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$414.87 million
Next Earnings DateN/A
OptionableNot Optionable

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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."

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

Press coverage about PMM stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Putnam Managed Municipal Income Trust earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Putnam Managed Municipal Income Trust.

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 many different of retail and institutional investors. Top institutional shareholders include Robinson Capital Management LLC (1.26%), Morgan Stanley (1.10%), Raymond James & Associates (0.70%), Envestnet Asset Management Inc. (0.47%), Joseph P. Lucia & Associates LLC (0.28%) and Raymond James Financial Services Advisors Inc. (0.24%). 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 Robinson Capital Management LLC, Parametric Portfolio Associates LLC, CNH Partners LLC, Glovista Investments LLC, Thomas J. Herzfeld Advisors Inc., Winslow Evans & Crocker Inc. and Ladenburg Thalmann Financial Services Inc.. View Insider Buying and Selling for Putnam Managed Municipal Income Trust.

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 Joseph P. Lucia & Associates LLC, Raymond James & Associates, Morgan Stanley, Envestnet Asset Management Inc., National Asset Management Inc., Advisor Group Inc., Park Avenue Securities LLC and Merriman Wealth Management LLC. 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 $7.72.

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

Putnam Managed Municipal Income Trust has a market capitalization of $414.87 million. View Additional Information About Putnam Managed Municipal Income Trust.


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

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  77 (Vote Underperform)
Total Votes:  146
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 6/15/2019 by MarketBeat.com Staff

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