Putnam Managed Municipal Income (PMM)

• Market cap: $269M
• 1 day: -1.26%
• 5 days: 2.29%
• 1 month: 2.79%
• 3 months: 4.51%
• 6 months: 6.83%
• Year to date: 3.99%
• 1 year: -1.11%
• 5 years: -21.36%
• 10 years: -13.18%
• 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.