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
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
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Putnam Managed Municipal Income Trust Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.60 |
| 52 Week High | US$7.40 |
| 52 Week Low | US$5.58 |
| Beta | 0.52 |
| 1 Month Change | -3.23% |
| 3 Month Change | 7.32% |
| 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 27Putnam Managed Municipal Income Trust declares $0.032 dividend
Oct 25Putnam Managed Municipal Income Trust declares $0.032 dividend
Sep 23Putnam Managed Municipal Income Trust declares $0.032 dividend
Jan 29Recent updates
Putnam Managed Municipal Income Trust declares $0.032 dividend
Jan 27Putnam Managed Municipal Income Trust declares $0.032 dividend
Oct 25Putnam Managed Municipal Income Trust declares $0.032 dividend
Sep 23Putnam Managed Municipal Income Trust declares $0.032 dividend
Jan 29Putnam Managed Municipal Income Trust declares $0.032 dividend
Nov 20Shareholder Returns
| PMM | US Capital Markets | US 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
| PMM volatility | |
|---|---|
| PMM Average Weekly Movement | 3.5% |
| Capital Markets Industry Average Movement | 0.6% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 2.9% |
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
| PMM fundamental statistics | |
|---|---|
| Market Cap | US$321.76m |
| Earnings (TTM) | -US$91.69m |
| Revenue (TTM) | US$18.64m |
17.3x
P/S Ratio-3.5x
P/E RatioIs PMM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PMM income statement (TTM) | |
|---|---|
| Revenue | US$18.64m |
| Cost of Revenue | US$0 |
| Gross Profit | US$18.64m |
| Other Expenses | US$110.33m |
| Earnings | -US$91.69m |
Last Reported Earnings
Oct 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.88 |
| Gross Margin | 100.00% |
| Net Profit Margin | -491.97% |
| Debt/Equity Ratio | 9.3% |
How did PMM perform over the long term?
See historical performance and comparisonDividends
5.8%
Current Dividend Yield-40%
Payout RatioDoes PMM pay a reliable dividends?
See PMM dividend history and benchmarks| Putnam Managed Municipal Income Trust dividend dates | |
|---|---|
| Ex Dividend Date | Mar 23 2023 |
| Dividend Pay Date | Apr 03 2023 |
| Days until Ex dividend | 0 days |
| Days until Dividend pay date | 11 days |
Does PMM pay a reliable dividends?
See PMM dividend history and benchmarks