Franklin Managed Municipal Income Trust (PMM)

• Market cap: $246M
• 1 day: -1.88%
• 5 days: -3.2%
• 1 month: -8.87%
• 3 months: -9.59%
• 6 months: -9.02%
• Year to date: -7.26%
• 1 year: -6.5%
• 5 years: -33.29%
• 10 years: -27.4%
• 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.