Putnam Managed Municipal Income (PMM)

• Market cap: $269M
• 1 day: 0.48%
• 5 days: 2.44%
• 1 month: 3.79%
• 3 months: -0.79%
• 6 months: 4.13%
• Year to date: 1.61%
• 1 year: 5.88%
• 5 years: -26.49%
• 10 years: -20.15%
• 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.