Putnam Managed Municipal Income (PMM)

• Market cap: $272M
• 1 day: 0.79%
• 5 days: 1.27%
• 1 month: 2.58%
• 3 months: 0.63%
• 6 months: 3.58%
• Year to date: 2.58%
• 1 year: 8.35%
• 5 years: -26.13%
• 10 years: -20%
• Sector: Financials
• Industry: Asset Management

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.