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PMM

Putnam Managed Municipal Income Trust NYSE:PMM Stock Report

Last Price

US$6.60

Market Cap

US$321.8m

7D

-4.3%

1Y

-7.8%

Updated

22 Mar, 2023

Data

Company Financials

Putnam Managed Municipal Income Trust

NYSE:PMM Stock Report

Mkt Cap: US$321.8m

PMM Stock Overview

About the company

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.

Snowflake Analysis

PMM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Putnam Managed Municipal Income Trust Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Putnam Managed Municipal Income Trust
Historical stock prices
Current Share PriceUS$6.60
52 Week HighUS$7.40
52 Week LowUS$5.58
Beta0.52
1 Month Change-3.23%
3 Month Change7.32%
1 Year Change-7.82%
3 Year Change-2.51%
5 Year Change-6.65%
Change since IPO-30.53%

Recent News & Updates

Putnam Managed Municipal Income Trust declares $0.032 dividend

Jan 27

Putnam Managed Municipal Income Trust declares $0.032 dividend

Oct 25

Putnam Managed Municipal Income Trust declares $0.032 dividend

Sep 23

Putnam Managed Municipal Income Trust declares $0.032 dividend

Jan 29

Shareholder Returns

PMMUS Capital MarketsUS Market
7D-4.3%2.9%2.9%
1Y-7.8%-15.4%-11.6%

Return vs Industry: PMM exceeded the US Capital Markets industry which returned -17.9% over the past year.

Return vs Market: PMM exceeded the US Market which returned -12.8% over the past year.

Price Volatility

Is PMM's price volatile compared to industry and market?
PMM volatility
PMM Average Weekly Movement3.5%
Capital Markets Industry Average Movement0.6%
Market Average Movement6.5%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market2.9%

Stable Share Price: PMM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PMM's weekly volatility (4%) has been stable over the past year.

Putnam Managed Municipal Income Trust Fundamentals Summary

How do Putnam Managed Municipal Income Trust's earnings and revenue compare to its market cap?
PMM fundamental statistics
Market CapUS$321.76m
Earnings (TTM)-US$91.69m
Revenue (TTM)US$18.64m

17.3x

P/S Ratio

-3.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PMM income statement (TTM)
RevenueUS$18.64m
Cost of RevenueUS$0
Gross ProfitUS$18.64m
Other ExpensesUS$110.33m
Earnings-US$91.69m

Last Reported Earnings

Oct 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.88
Gross Margin100.00%
Net Profit Margin-491.97%
Debt/Equity Ratio9.3%

How did PMM perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

-40%

Payout Ratio

Does PMM pay a reliable dividends?

See PMM dividend history and benchmarks
When do you need to buy PMM by to receive an upcoming dividend?
Putnam Managed Municipal Income Trust dividend dates
Ex Dividend DateMar 23 2023
Dividend Pay DateApr 03 2023
Days until Ex dividend0 days
Days until Dividend pay date11 days

Does PMM pay a reliable dividends?

See PMM dividend history and benchmarks