Putnam Managed Municipal Income Trust (PMM) Research
The Putnam Managed Municipal Income Trust operates as a closed-end investment vehicle specializing in fixed-income assets. It is primarily managed by Putnam Investment Management LLC, with additional oversight provided by Putnam Investments Limited. This trust allocates its capital specifically within the United States' debt securities markets. Its portfolio predominantly comprises a diverse array of tax-exempt municipal bonds, even incorporating high-yield municipal securities deemed below investment grade. To gauge its effectiveness, the fund's returns are benchmarked against the Barclays Municipal Bond Index. Established on February 24, 1989, this U.S.-domiciled trust.
Market snapshot
- Symbol
- PMM
- Price
- $6.36
- Day change
- +0.79%
- Market cap
- $272.4M
- P/E ratio
- 22.58x
- 52-week range
- 5.77-6.52
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- BlackRock Income Trust, Inc. (BKT)
- Eaton Vance National Municipal Opportunities Trust (EOT)
- First Trust Senior Floating Rate Income Fund II (FCT)
- Franklin Limited Duration Income Trust (FTF)
- MFS Charter Income Trust (MCR)
- MFS Municipal Income Trust (MFM)
- Aberdeen Multi-Market Income Fund (MMT)
- Putnam Municipal Opportunities Trust (PMO)
Recent insider activity
- De Oliveira Marc — trade (0 shares) on 2025-04-25
- Berarducci Christopher — trade (0 shares) on 2025-04-25
- Jensen Fred Steven — trade (0 shares) on 2025-04-25
- MANDIA THOMAS C — trade (0 shares) on 2025-04-25
- Kelly Jeanne — trade (0 shares) on 2025-04-25
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