Putnam Managed Municipal Income Trust (PMM)
Company Info
Highlights
$284.04M
$0.58
10.71
$7.72M
$6.67M
$48.73M
$5.68 - $6.54
0.07%
0.30
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Putnam Managed Municipal Income Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Putnam Managed Municipal Income Trust had a return of 5.56% year-to-date (YTD) and 5.45% in the last 12 months. Over the past 10 years, Putnam Managed Municipal Income Trust had an annualized return of 3.71%, while the S&P 500 had an annualized return of 11.01%, indicating that Putnam Managed Municipal Income Trust did not perform as well as the benchmark.
PMM
5.56%
-0.74%
0.67%
5.45%
-0.30%
3.71%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of PMM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.20% | -1.38% | -2.06% | -1.94% | 2.98% | 3.73% | 2.01% | 0.85% | 3.22% | -3.17% | 2.79% | 5.56% | |
| 2023 | 10.06% | -1.27% | -8.88% | -0.91% | -4.07% | 5.79% | -0.43% | -4.07% | -4.80% | -5.59% | 11.74% | 6.71% | 1.92% |
| 2022 | -14.01% | -1.43% | -3.64% | -8.48% | 7.82% | -3.72% | 4.25% | -5.52% | -12.24% | 2.53% | 16.25% | -5.08% | -24.13% |
| 2021 | 1.77% | 0.02% | 0.40% | 1.73% | 2.57% | 4.29% | -1.57% | 0.37% | -2.67% | -0.70% | 4.87% | 2.11% | 13.71% |
| 2020 | 2.40% | -1.96% | -9.09% | -6.79% | 10.23% | 0.43% | 6.44% | 1.18% | -1.77% | 0.15% | 4.35% | 2.05% | 6.26% |
| 2019 | 6.13% | 3.26% | 2.91% | 0.30% | 0.97% | 2.02% | 4.22% | 2.56% | -2.82% | 2.20% | 1.29% | -0.23% | 25.01% |
| 2018 | -4.17% | 1.44% | 0.46% | -0.25% | 0.74% | -0.01% | -0.02% | 1.83% | -2.81% | -2.61% | 4.32% | -3.14% | -4.47% |
| 2017 | 4.30% | 0.73% | -0.89% | 2.26% | 2.36% | 0.18% | 1.92% | 0.18% | -0.08% | -1.30% | -0.12% | 0.70% | 10.61% |
| 2016 | 1.45% | 0.62% | 3.31% | 2.04% | -0.05% | 4.48% | -0.04% | 0.07% | 0.46% | -5.71% | -4.09% | -0.51% | 1.61% |
| 2015 | 2.99% | -0.72% | 1.18% | -0.19% | -1.27% | -1.45% | 0.94% | -0.77% | 2.51% | 2.61% | -0.88% | 2.73% | 7.78% |
| 2014 | 6.77% | -0.02% | -0.15% | 3.15% | 1.67% | -0.15% | -2.71% | 2.11% | 0.94% | 1.78% | -1.03% | 3.20% | 16.33% |
| 2013 | 6.81% | -1.76% | -5.50% | 1.39% | -5.70% | -3.77% | -5.34% | -0.61% | 3.60% | -1.49% | -1.06% | 1.35% | -12.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PMM is 61, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Putnam Managed Municipal Income Trust (PMM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Putnam Managed Municipal Income Trust provided a 4.68% dividend yield over the last twelve months, with an annual payout of $0.29 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.31 | $0.38 | $0.38 | $0.38 | $0.38 | $0.37 | $0.40 | $0.43 | $0.43 | $0.45 | $0.47 |
Dividend yield | 4.68% | 5.13% | 6.11% | 4.38% | 4.76% | 4.81% | 5.45% | 5.43% | 6.05% | 5.87% | 6.21% | 7.05% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Managed Municipal Income Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.26 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.31 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.43 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Managed Municipal Income Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Putnam Managed Municipal Income Trust was 38.70%, occurring on Dec 12, 2008. Recovery took 204 trading sessions.
The current Putnam Managed Municipal Income Trust drawdown is 19.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.7% | May 16, 2007 | 400 | Dec 12, 2008 | 204 | Oct 6, 2009 | 604 |
| -37.64% | Dec 27, 2021 | 461 | Oct 25, 2023 | — | — | — |
| -30.28% | Nov 13, 1998 | 279 | Dec 22, 1999 | 1364 | May 27, 2005 | 1643 |
| -29.1% | Feb 26, 2020 | 19 | Mar 23, 2020 | 197 | Dec 31, 2020 | 216 |
| -22.09% | Jan 28, 2013 | 160 | Sep 13, 2013 | 531 | Oct 22, 2015 | 691 |
Volatility
Volatility Chart
The current Putnam Managed Municipal Income Trust volatility is 4.31%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Putnam Managed Municipal Income Trust compared to its peers in the Asset Management industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for PMM in comparison to other companies of the Asset Management industry. Currently, PMM has a PE value of 10.7. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for PMM in comparison to other companies of the Asset Management industry. Currently, PMM has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Putnam Managed Municipal Income Trust.
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Income Statement
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