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Putnam Managed Municipal Income Trust(NYSE) PMM

Market Cap$273.28MMarket 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)+609%
5 Year-4%
1 Year+15%
1 Month-1%
$6.37
+0.95%
+0.06Today
After hours$6.38+$0.01 (+0.16%)
Putnam Managed Municipal Income Trust last closing stock price
MetricPriceDate
Last closeUSD 6.382026-08-07
Putnam Managed Municipal Income Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+2.24%USD 6.242026-07-31
1 month-0.88%USD 6.442026-07-08
3 month+2.76%USD 6.212026-05-08
Year to date+5.03%USD 6.072025-12-31
1 year+14.85%USD 5.562025-08-07
3 year+27.53%USD 5.002023-08-08
5 year-3.94%USD 6.642021-08-06
Since inception+609.38%USD 0.901989-02-17

Putnam Managed Municipal Income Trust Financials at a Glance

Market Cap

$273.28MMarket 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

11.87

Dividend

$0.33

Beta (Volatility)

0.27 (Low)

Price

$6.37

Volume

65,194.523

Open

$6.32

Previous Close

$6.38

Daily Range

$6.31 - $6.39

52-Week Range

$5.77 - $6.60

Estimated Earnings Date

Apr 25, 2025

PMM News

No articles available.

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About Putnam Managed Municipal Income Trust

Putnam Managed Municipal Income Trust is a closed-end fixed income mutual fund that focuses on tax-exempt municipal securities. Managed by Putnam Investment Management LLC, the fund aims to provide investors with a diversified portfolio of high-yield securities, primarily in the U.S. fixed income markets.

Products and Services
  • Invests in a diversified portfolio of 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 growth
  • Net income for the latest quarter was $8.7 million, reflecting effective management
Financial Highlights
  • TTM dividend yield stands at 5.02%, appealing for income-focused investors
  • Price-to-earnings (P/E) ratio of 12.21 suggests potential value
  • Operating income margin of 87.43% indicates strong operational efficiency
Putnam Managed Municipal Income Trust offers a compelling investment opportunity for those interested in tax-exempt municipal securities. The fund's focus on high-yield investments, combined with its strong financial performance, positions it well in the asset management industry. Recent revenue growth and a solid dividend yield further enhance its attractiveness to potential investors. The management team's expertise in navigating the fixed income markets contributes to the fund's ability to deliver consistent returns. Overall, Putnam Managed Municipal Income Trust represents a strategic option for investors seeking exposure to municipal securities with the potential for income generation.
AI Generated • Jul 23, 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

8.42%

Dividend Yield

5.19%

Payout Ratio

0.00%

Stock Overview

Market Cap

$273.28MMarket 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

65.19K

Avg. Volume

94.69K

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

Putnam Managed Municipal Income Trust Performance Analysis

Putnam 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%
Putnam 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%
Putnam 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%
Putnam 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

$273.28MMarket 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 Putnam Managed Municipal Income Trust?

Putnam Managed Municipal Income Trust is trading at $6.38 per share.

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

Over the past 52 weeks, Putnam Managed Municipal Income Trust has traded between $5.77 and $6.60.

How much debt does Putnam Managed Municipal Income Trust have?

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

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

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

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

Putnam Managed Municipal Income Trust currently has a dividend yield of 5.19%.

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