How have PMM shares performed in 2024?

Putnam Managed Municipal Income Trust's stock was trading at $6.08 at the start of the year. Since then, PMM stock has decreased by 3.1% and is now trading at $5.89. View the best growth stocks for 2024 here .

Are investors shorting Putnam Managed Municipal Income Trust?

Putnam Managed Municipal Income Trust saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 11,300 shares, a decline of 83.2% from the March 15th total of 67,200 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 3.3 days. View Putnam Managed Municipal Income Trust's Short Interest .

How often does Putnam Managed Municipal Income Trust pay dividends? What is the dividend yield for Putnam Managed Municipal Income Trust?

Putnam Managed Municipal Income Trust announced a monthly dividend on Monday, March 25th. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.0238 per share on Wednesday, May 1st. This represents a $0.29 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend is Tuesday, April 23rd. Read our dividend analysis for PMM .

Is Putnam Managed Municipal Income Trust a good dividend stock?

Putnam Managed Municipal Income Trust (NYSE:PMM) pays an annual dividend of $0.29 per share and currently has a dividend yield of 4.84%. PMM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PMM .

What ETF holds Putnam Managed Municipal Income Trust's stock?

VanEck CEF Municipal Income ETF holds 286,788 shares of PMM stock, representing 0.75% of its portfolio.

What other stocks do shareholders of Putnam Managed Municipal Income Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Putnam Managed Municipal Income Trust investors own include Verizon Communications (VZ) , Southern (SO) , ClearBridge MLP and Midstream Fund (CEM) , Duff & Phelps Utility and Infrastructure Fund (DPG) , Duff & Phelps Select MLP and Midstream Energy Fund (DSE) , Consolidated Edison (ED) , ClearBridge Energy Midstream Opportunity Fund (EMO) , Enterprise Products Partners (EPD) , Pfizer (PFE) and SMART Global (SGH) .

How do I buy shares of Putnam Managed Municipal Income Trust?

Shares of PMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PMM

Putnam Managed Municipal Income Trust (PMM) Stock Price, News & Analysis

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$5.89

0.00 (0.00%)

(As of 12:49 PM ET)

Compare

Today's Range: $5.87
▼
$5.93
50-Day Range: $5.89
▼
$6.24
52-Week Range: $5.00
▼
$6.42

Volume: 61,375 shs
Average Volume: 114,097 shs
Market Capitalization: $273.47 million

P/E Ratio: N/A
Dividend Yield: 4.92%
Price Target: N/A

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About Putnam Managed Municipal Income Trust Stock (NYSE:PMM)

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.

PMM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PMM Stock News Headlines

April 19, 2024 | businesswire.com

Franklin Templeton Closed-End Funds Announce Share Repurchases for the First Quarter of 2024

April 10, 2024 | businesswire.com

Putnam Investments Announces 19(a) Notices for Closed-End Municipal Funds

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 6, 2024 | businesswire.com

Putnam Investments Announces 19(a) Notices for Closed-end Municipal Funds

February 23, 2024 | benzinga.com

Putnam Managed Municipal Stock (NYSE:PMM) Dividends: History, Yield and Dates

February 22, 2024 | finance.yahoo.com

Putnam Managed Municipal Income Trust (PMM)

January 22, 2024 | finance.yahoo.com

Putnam Investments Announces 19(a) Notices for Closed-End Municipal Funds

November 19, 2023 | seekingalpha.com

More on Putnam Managed Municipal Income Trust

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

May 19, 2023 | msn.com

Putnam Managed Municipal Income Trust declares $0.0238 dividend

April 22, 2023 | msn.com

Putnam Managed Municipal Income Trust. (PMM) Declares $0.02 Dividend

April 21, 2023 | benzinga.com

Putnam Managed Municipal Stock (NYSE:PMM), Short Interest Report

April 21, 2023 | benzinga.com

Putnam Managed Municipal Stock (NYSE:PMM), Trade Ideas

April 21, 2023 | benzinga.com

Putnam Managed Municipal Stock (NYSE:PMM), Analyst Ratings, Price Targets, Predictions

September 13, 2022 | nasdaq.com

Buy These 3 Putnam Mutual Funds for Steady Gains

September 8, 2022 | nasdaq.com

Is Putnam Global Technology A (PGTAX) a Strong Mutual Fund Pick Right Now?

June 14, 2022 | fool.com

Putnam Managed Municipal Income Trust(PMM)

January 29, 2022 | nasdaq.com

Putnam Managed Municipal Income Trust Common Stock (PMM)

January 13, 2022 | finance.yahoo.com

Putnam Managed Muni Income Trust -- Moody's announces completion of a periodic review of ratings of Putnam Managed Muni Income Trust Inc.

September 12, 2021 | investing.com

Putnam Managed Municipal Income Closed Fund (PMM)

September 12, 2021 | investing.com

Putnam Managed Municipal Income Closed Fund (PMM)

August 25, 2021 | nasdaq.com

Monday's ETF with Unusual Volume: XMPT

See More Headlines

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Company Calendar

Ex-Dividend for 3/1 Dividend: 2/22/2024
Dividend Payable: 3/01/2024
Today: 4/19/2024
Ex-Dividend for 5/1 Dividend: 4/23/2024
Dividend Payable: 5/01/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Investment offices, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:PMM
CUSIP: N/A
CIK: 844790
Web: www.putnam.com
Phone: (617) 292-1000
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 46,430,000
Free Float: 46,426,000
Market Cap: $273.47 million
Optionable: Not Optionable
Beta: 0.57

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Key Executives

Mr. Robert Lloyd Reynolds (Age 72)
President and Interested Trustee
Ms. Janet C. Smith (Age 59)
Principal Accounting Officer, Vice President and Assistant Treasurer
Ms. Susan A. McCormack
Senior Vice President and Portfolio Manager
Mr. Paul M. Drury C.F.A.
CFA, Portfolio Manager
Mr. Kevin Michael Cronin C.F.A. (Age 63)
CFA, Portfolio Manager
Mr. Joshua Brooks
Portfolio Manager
Ms. Thalia M. Meehan C.F.A. (Age 62)
Portfolio Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PMM Stock Analysis - Frequently Asked Questions

How have PMM shares performed in 2024?: Putnam Managed Municipal Income Trust's stock was trading at $6.08 at the start of the year. Since then, PMM stock has decreased by 3.1% and is now trading at $5.89.
View the best growth stocks for 2024 here.
Are investors shorting Putnam Managed Municipal Income Trust?: Putnam Managed Municipal Income Trust saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 11,300 shares, a decline of 83.2% from the March 15th total of 67,200 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 3.3 days.
View Putnam Managed Municipal Income Trust's Short Interest.
How often does Putnam Managed Municipal Income Trust pay dividends? What is the dividend yield for Putnam Managed Municipal Income Trust?: Putnam Managed Municipal Income Trust announced a monthly dividend on Monday, March 25th. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.0238 per share on Wednesday, May 1st. This represents a $0.29 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend is Tuesday, April 23rd.
Read our dividend analysis for PMM.
Is Putnam Managed Municipal Income Trust a good dividend stock?: Putnam Managed Municipal Income Trust (NYSE:PMM) pays an annual dividend of $0.29 per share and currently has a dividend yield of 4.84%. PMM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PMM.

What ETF holds Putnam Managed Municipal Income Trust's stock?: VanEck CEF Municipal Income ETF holds 286,788 shares of PMM stock, representing 0.75% of its portfolio.
What other stocks do shareholders of Putnam Managed Municipal Income Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Putnam Managed Municipal Income Trust investors own include Verizon Communications (VZ), Southern (SO), ClearBridge MLP and Midstream Fund (CEM), Duff & Phelps Utility and Infrastructure Fund (DPG), Duff & Phelps Select MLP and Midstream Energy Fund (DSE), Consolidated Edison (ED), ClearBridge Energy Midstream Opportunity Fund (EMO), Enterprise Products Partners (EPD), Pfizer (PFE) and SMART Global (SGH).
How do I buy shares of Putnam Managed Municipal Income Trust?: Shares of PMM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PMM) was last updated on 4/19/2024 by MarketBeat.com Staff

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Putnam Managed Municipal Income Trust (PMM) Stock Price, News & Analysis

About Putnam Managed Municipal Income Trust Stock (NYSE:PMM)

PMM Stock Price History

PMM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PMM Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

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