Putnam Managed Municipal IncomePMM
About: Putnam Managed Municipal Income Trust is a closed-end management investment company. Its investment objective is to seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-exempt municipal securities. The Fund invests in various sectors such as healthcare, retirement community, private higher education, housing-backed, essential service utilities, and state-backed bonds.
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
10% more capital invested
Capital invested by funds: $47.1M [Q4 2024] → $52M (+$4.88M) [Q1 2025]
2.46% more ownership
Funds ownership: 17.0% [Q4 2024] → 19.46% (+2.46%) [Q1 2025]
15% less funds holding
Funds holding: 93 [Q4 2024] → 79 (-14) [Q1 2025]
61% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 18
Research analyst outlook
We haven’t received any recent analyst ratings for PMM.
Financial journalist opinion









