Putnam Managed Municipal Income Trust

PMM · NYSE

$5.95−$0.047 (−0.78%)TodayMarket closed ·
Prev close $6.00

About PMM

Putnam Managed Municipal Income Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. Putnam Managed Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s objective is to seek a high level of current income exempt from federal income tax. The Fund intends to achieve its objective by investing in a diversified portfolio of tax-exempt municipal securities, which it believes does not involve undue risk to income or principal. Up to 60% of its assets may consist of high-yield tax-exempt municipal securities that are below investment grade and involve special risk considerations. The company also uses leverage, primarily by issuing preferred shares in an effort to enhance the returns for the common shareholders. The Fund’s shares trade on a stock exchange at market prices, which may be lower than its net asset value. The company invests across various sectors, such as healthcare, education, and land. The Fund’s investment manager is Putnam Investment Management, LLC.

Employees
0
Headquarters
Boston, Massachusetts
Listed
Feb 17, 1989
Sector
N/A
Industry
N/A
Website
putnam.com

PMM key statistics

Market cap
254.43M
Price-earnings ratio
0.00
Dividend yield
—
Average volume
220.45K
Volume
78.29K
Open price
$6.00
High today
$6.00
Low today
$5.87
52 Week high
$6.60
52 Week low
$5.42

Putnam Managed Municipal Income Trust (PMM) at a glance

As of Oct 23, 2026, Putnam Managed Municipal Income Trust (PMM) shares are priced at $5.95, giving the company a market cap of 254.43M and a price-to-earnings ratio of 0.00.

Today the stock has traded between $5.87 and $6.00. The current price is 1.4% above the day's low and 0.8% below its high.

Volume so far is 78.29K shares, below the average of 220.45K shares a day.

Over the past year Putnam Managed Municipal Income Trust has ranged from $5.42 to $6.60, and now sits 45% of the way up that range.

PMM news

  • Press releaseBusiness Wire

    Franklin Managed Municipal Income Trust Commences Issuer Tender Offer for Remarketed Preferred Shares

  • Press releaseBusiness Wire

    Franklin Templeton Announces Availability of 19(a) Notices for Certain Closed-End Funds

  • Press releaseBusiness Wire

    Franklin Templeton Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Months of September, October and November 2026

  • Press releaseBusiness Wire

    Putnam Managed Municipal Income Trust, Putnam Master Intermediate Income Trust, Putnam Municipal Opportunities Trust and Putnam Premier Income Trust Announce Upcoming Name Changes

  • Press releaseBusiness Wire

    Franklin Templeton Announces Distributions for Certain Closed-End Funds Pursuant to their Managed Distribution Policy for the Months of June, July and August 2026

  • Press releaseBusiness Wire

    Franklin Templeton Announces Availability of 19(a) Notices for Certain Closed-End Funds

  • Press releaseBusiness Wire

    Putnam Managed Municipal Income Trust, Putnam Master Intermediate Income Trust, Putnam Municipal Opportunities Trust and Putnam Premier Income Trust Announce Results of Annual Meeting of Shareholders

  • Press releaseBusiness Wire

    Franklin Templeton Announces Availability of 19(a) Notices for Certain Closed-End Funds

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.