Putnam Managed Municipal Income Trust (PMM) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $5.86 to $5.91
• 50-Day Range: $5.75 to $6.18
• 52-Week Range: $5.66 to $6.61
• Volume: 23,136 shs
• Average Volume: 126,498 shs
• Market Capitalization: $272.55 million
• P/E Ratio: N/A
• Dividend Yield: 4.94%
• Price Target: N/A
• Consensus Rating: N/A

PMM Stock Analysis - Frequently Asked Questions

How have PMM shares performed this year?

Putnam Managed Municipal Income Trust's stock was trading at $5.97 on January 1st, 2025. Since then, PMM shares have decreased by 1.2% and is now trading at $5.90.
View the best growth stocks for 2025 here.

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

Putnam Managed Municipal Income Trust's top institutional shareholders include Advisors Asset Management Inc. (1.89%), Sit Investment Associates Inc. (1.11%), Hennion & Walsh Asset Management Inc. (0.56%) and Kennedy Investment Group (0.48%). Insiders that own company stock include Aaron M Cooper, Of America Corp /De/ Bank, Marie Pillai, Manoj P Singh and Mona Sutphen.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Putnam Managed Municipal Income Trust investors own include Realty Income (O), Verizon Communications (VZ), AT&T (T), Altria Group (MO), Enterprise Products Partners (EPD), AbbVie (ABBV) and Blackstone (BX).

Company Calendar

• Ex-Dividend for 4/30 Dividend: 4/17/2025
• Record date for 4/30 Dividend: 4/18/2025
• Dividend Payable: 4/30/2025
• Ex-Dividend for 5/30 Dividend: 5/19/2025
• Record date for 5/30 Dividend: 5/20/2025
• Dividend Payable: 5/30/2025
• Today: 6/03/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment offices, not elsewhere classified
• Sub-Industry: Misc.
• Current Symbol: NYSE:PMM
• CIK: 844790
• Web: www.putnam.com
• Phone: (617) 292-1000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $67.33 million
• Price / Sales: 4.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 46,431,000
• Free Float: 46,426,000
• Market Cap: $273.94 million
• Optionable: Not Optionable
• Beta: 0.77