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.
Frequently asked questions
What sector does Putnam Managed Municipal Income Closed Fund (PMM) operate in?
Putnam Managed Municipal Income Closed Fund belongs to the Financials sector and operates in the Asset Management industry.
What is Putnam Managed Municipal Income Closed Fund (PMM) current stock price?
As of the latest data, Putnam Managed Municipal Income Closed Fund stock price is $6.06, with a previous close of $5.95. Putnam Managed Municipal Income Closed Fund gained $0.11 in the last trading session, representing a 1.85% increase.
What is Putnam Managed Municipal Income Closed Fund (PMM) current market capitalization?
Putnam Managed Municipal Income Closed Fund market cap is approximately 259.57 million.
What is Putnam Managed Municipal Income Closed Fund (PMM) Earnings Per Share (EPS)?
The trailing EPS is $0.54.
What is Putnam Managed Municipal Income Closed Fund (PMM) Price-to-Earnings (P/E) ratio?
Putnam Managed Municipal Income Closed Fund current P/E ratio is 11.22.
What is Putnam Managed Municipal Income Closed Fund (PMM) EBITDA?
Putnam Managed Municipal Income Closed Fund EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 8.99 million.
Does Putnam Managed Municipal Income Closed Fund (PMM) pay dividends?
Yes. Putnam Managed Municipal Income Closed Fund pays monthly dividends with an annualized yield of 6.53% and an estimated annual payout of $0.40 per share.
When is the next ex-dividend date for Putnam Managed Municipal Income Closed Fund (PMM)?
The next ex-dividend date is scheduled for October 23, 2026.
What is Putnam Managed Municipal Income Closed Fund (PMM) beta (volatility) score?
Putnam Managed Municipal Income Closed Fund has a beta of 0.745, indicating lower volatility than the overall market.
