Franklin Managed Municipal Income Trust logo

Franklin Managed Municipal Income Trust(NYSE) PMM

Market Cap$246.72MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1989)+548%
5 Year-12%
1 Year-1%
1 Month-1%
$5.76
+0.00%
+0.00Today
Franklin Managed Municipal Income Trust last closing stock price
MetricPriceDate
Last closeUSD 5.762026-10-14
Franklin Managed Municipal Income Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+3.23%USD 5.582026-10-07
1 month-1.48%USD 5.852026-09-14
3 month-10.36%USD 6.432026-07-16
Year to date-4.13%USD 6.012025-12-31
1 year-0.66%USD 5.802025-10-14
3 year+26.32%USD 4.562023-10-13
5 year-12.14%USD 6.562021-10-15
Since inception+547.54%USD 0.891989-02-17

Franklin Managed Municipal Income Trust Financials at a Glance

Market Cap

$246.72MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$33.84M

Net Income (TTM)

$39.56M

EPS (TTM)

$0.54

P/E Ratio

10.71

Dividend

$0.34

Beta (Volatility)

0.28 (Low)

Price

$5.76

Volume

157,622.761

Open

$5.75

Previous Close

$5.76

Daily Range

$5.70 - $5.83

52-Week Range

$5.39 - $6.60

Estimated Earnings Date

Apr 25, 2025

PMM News

No articles available.

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About Franklin Managed Municipal Income Trust

Franklin Managed Municipal Income Trust is a closed-end fixed income mutual fund that primarily invests in a diversified portfolio of tax-exempt municipal securities. Managed by Putnam Investment Management LLC, the fund aims to provide investors with a steady income stream while focusing on capital preservation.

Products and Services
  • Invests in tax-exempt municipal securities
  • Focuses on high-yield securities rated below investment grade
  • Benchmarks performance against the Barclays Municipal Bond Index
Growth Outlook
  • Recent quarterly revenue reached $10.3 million, indicating strong performance
  • Trailing twelve months (TTM) revenue of $39.5 million shows consistent income generation
  • Dividend yield of 5.85% reflects attractive income potential for investors
Financial Highlights
  • Net income for the latest quarter was $8.7 million, showcasing profitability
  • Operating income margin of 87.4% indicates efficient management
  • Market capitalization stands at approximately $247 million, reflecting solid market presence
AI Generated • Sep 22, 2026

Industry

Capital Markets

Sector

Financials

CEO

Jonathan S. Horwitz

Headquarters

Boston, MA 02110, US

PMM Financials

Key Financial Metrics (TTM)

Gross Margin

86.38%

Operating Margin

184.40%

Net Income Margin

179.89%

Return on Equity

7.13%

Return on Capital

3.18%

Return on Assets

6.74%

Earnings Yield

9.34%

Dividend Yield

5.97%

Payout Ratio

0.00%

Stock Overview

Market Cap

$246.72MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

42.83M

Volume

157.62K

Avg. Volume

137.94K

Financials (TTM)

Gross Profit

$30.73M

Operating Income

$30.18M

EBITDA

$30.18M

Operating Cash Flow

$0.00

Capital Expenditure

$0.00

Free Cash Flow

$0.00

Cash & ST Invst.

$11.30M

Total Debt

$18.70M

Franklin Managed Municipal Income Trust Performance Analysis

Franklin Managed Municipal Income Trust annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-10-31USD 13,828,413-43.9%
20232023-10-31USD 6,087,370-56.0%
20242024-10-31USD 13,573,199123.0%
20252025-10-31USD 13,975,5793.0%
Franklin Managed Municipal Income Trust sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-10-3124.1%
Q22025-04-30-6.8%
Q42025-10-31-43.6%
Q22026-04-30103.9%
Franklin Managed Municipal Income Trust annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-10-31USD -1.88N/A
20232023-10-31USD 0.15N/A
20242024-10-31USD 1.32800.4%
20252025-10-31USD 0.17-87.2%
Franklin Managed Municipal Income Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-10-31-63.6%
Q22025-04-30-158.3%
Q42025-10-31281.0%
Q22026-04-30-60.5%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$10.28M

+33.0%

Gross Profit

$9.25M

-84.0%

Gross Margin

90.01%

N/A

Market Cap

$246.72MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

$8.73M

-82.0%

EBITDA

$8.99M

-81.6%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$11.30M

-22.7%

Total Debt

$18.70M

+52.0%

Accounts Receivable

$6.30M

+6.1%

Inventory

$0.00

N/A

Long Term Debt

$18.70M

+52.0%

Short Term Debt

$0.00

N/A

Return on Assets

6.74%

N/A

Return on Invested Capital

7.31%

N/A

Free Cash Flow

$0.00

+100.0%

Operating Cash Flow

$0.00

+100.0%

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Questions About PMM

What is the current price of Franklin Managed Municipal Income Trust?

Franklin Managed Municipal Income Trust is trading at $5.76 per share.

What is the 52-week range for Franklin Managed Municipal Income Trust?

Over the past 52 weeks, Franklin Managed Municipal Income Trust has traded between $5.39 and $6.60.

How much debt does Franklin Managed Municipal Income Trust have?

As of the most recent reporting period, Franklin Managed Municipal Income Trust reported total debt of $16.08M.

How much cash does Franklin Managed Municipal Income Trust have on hand?

Franklin Managed Municipal Income Trust reported $194.80K in cash and cash equivalents in its most recent financial results.

What is Franklin Managed Municipal Income Trust’s dividend yield?

Franklin Managed Municipal Income Trust currently has a dividend yield of 5.97%.

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