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Putnam Managed Municipal Income Trust NYSE:PMM Stock Report

Last Price

US$6.10

Market Cap

US$283.2m

7D

-0.3%

1Y

-2.4%

Updated

23 Mar, 2024

Data

Company Financials

Putnam Managed Municipal Income Trust

NYSE:PMM Stock Report

Market Cap: US$283.2m

PMM Stock Overview

Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC.

PMM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends2/6

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$6.10
52 Week HighUS$6.42
52 Week LowUS$5.00
Beta0.58
1 Month Change-0.97%
3 Month Change-0.97%
1 Year Change-2.40%
3 Year Change-23.74%
5 Year Change-18.45%
Change since IPO-39.00%

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

Recent 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

Putnam Managed Municipal Income Trust declares $0.032 dividend

Nov 20

Shareholder Returns

PMMUS Capital MarketsUS Market
7D-0.3%2.4%2.1%
1Y-2.4%34.5%30.4%

Return vs Industry: PMM underperformed the US Capital Markets industry which returned 36.2% over the past year.

Return vs Market: PMM underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is PMM's price volatile compared to industry and market?
PMM volatility
PMM Average Weekly Movement1.9%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: PMM has not had significant price volatility in the past 3 months.

Volatility Over Time: PMM's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989n/an/ahttps://www.putnam.com/individual/mutual-funds/closed-end-funds/funds/56-managed-municipal-income-trust

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.

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$283.23m
Earnings (TTM)US$6.90m
Revenue (TTM)US$19.31m

41.0x

P/E Ratio

14.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PMM income statement (TTM)
RevenueUS$19.31m
Cost of RevenueUS$0
Gross ProfitUS$19.31m
Other ExpensesUS$12.41m
EarningsUS$6.90m

Last Reported Earnings

Oct 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin100.00%
Net Profit Margin35.75%
Debt/Equity Ratio5.7%

How did PMM perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

223%

Payout Ratio
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