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NYSE:PMMPutnam Managed Municipal Income Trust Stock Price, Forecast & News

$7.33
+0.15 (+2.09 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$7.19
Now: $7.33
$7.35
50-Day Range
$6.56
MA: $6.90
$7.18
52-Week Range
$5.92
Now: $7.33
$8.44
Volume123,879 shs
Average Volume111,249 shs
Market Capitalization$393.91 million
P/E RatioN/A
Dividend Yield5.35%
Beta0.17
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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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.81 out of 5 stars


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$393.91 million
Next Earnings DateN/A
OptionableNot Optionable

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

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

Putnam Managed Municipal Income Trust's stock was trading at $7.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PMM shares have decreased by 1.1% and is now trading at $7.33. View which stocks have been most impacted by Coronavirus.

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

News articles about PMM stock have trended somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Putnam Managed Municipal Income Trust earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutPutnam 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 following 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)

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 many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (0.97%), Morgan Stanley (0.97%), Raymond James & Associates (0.96%), Invesco Ltd. (0.81%), Advisor Group Holdings Inc. (0.40%) and UBS Group AG (0.33%). 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 UBS Group AG, Morgan Stanley, Morgan Stanley, Raymond James Financial Services Advisors Inc., Wedbush Securities Inc., United Capital Financial Advisers LLC, Van ECK Associates Corp, and Cohen & Steers Inc.. View insider buying and selling activity for Putnam Managed Municipal Income Trust.

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

PMM stock was bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Karpus Management Inc., City of London Investment Management Co. Ltd., Gill Capital Partners LLC, Cambridge Investment Research Advisors Inc., Glovista Investments LLC, Raymond James & Associates, and National Asset Management Inc.. View insider buying and selling activity 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, Robinhood, 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 $7.33.

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

Putnam Managed Municipal Income Trust has a market capitalization of $393.91 million.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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