Newgate Capital Management’s Franklin Managed Municipal Income Trust PMM Stock Holding History

Newgate Capital Management’s Portfolio PMM Stock Details PMM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-11,071	Closed	-$82K	–	108
2015 Q1	$82K	Sell	11,071 -152,968	-93%	-$1.12M	0.06%	101
2014 Q4	$1.18M	Buy	164,039 +144,622	+745%	+$1.03M	0.78%	31
2014 Q3	$137K	Buy	+19,417	New	+$136K	0.08%	99

Other funds holding PMM

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LSA

Liberty Street Advisors New York $41.4M AUM 34.47% 1-Year Est. Return

MIM

Macroview Investment Management Bethesda, Maryland $144M AUM 19.29% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return

CIA

Capital Investment Advisors Atlanta, Georgia $6.84B AUM 17.28% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

Newgate Capital Management's PMM Position: Q2 2015 in Review

Newgate Capital Management sold out of Franklin Managed Municipal Income Trust (PMM) in Q2 2015, closing a stake of 11,071 shares — an estimated $82K sold.

Newgate Capital Management first reported a position in PMM in Q3 2014 and held it in 3 quarters. The position peaked at $1.18M in Q4 2014. 62 funds tracked by Wall St. Rank hold PMM as of Q2 2015.

Newgate Capital Management reported no remaining Franklin Managed Municipal Income Trust position as of Q2 2015 after selling out during the quarter.
Newgate Capital Management sold 11,071 Franklin Managed Municipal Income Trust shares in Q2 2015, an estimated $82K.
Newgate Capital Management first reported a position in Franklin Managed Municipal Income Trust in Q3 2014 and held it in 3 quarters.
Newgate Capital Management's Franklin Managed Municipal Income Trust position peaked at $1.18M in Q4 2014.
62 funds tracked by Wall St. Rank held Franklin Managed Municipal Income Trust as of Q2 2015.

Based on Newgate Capital Management's 13F filing for Q2 2015, filed 27 Jul 2015.