Putnam Managed Municipal Income (PMM)

• Market cap: $268M
• 1 day: -0.96%
• 5 days: -1.12%
• 1 month: -0.16%
• 3 months: 1.64%
• 6 months: 6.53%
• Year to date: 0%
• 1 year: 0.49%
• 5 years: -22.69%
• 10 years: -14.84%
• 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.