Putnam Managed Municipal Income Trust.
Research Putnam Managed Municipal Income Trust. (PMM) on Bullrun: dividend yield 6.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerPMM
- ExchangeNYSE
- CountryUnited States
- SectorFinancial Services
- IndustryAsset Management
- CurrencyUSD
- Dividend yield6.1%
- Financial periodQ2 2026
Valuation Snapshot
dividend yield is 6.1%.
Peer valuation comparison
Latest dividend yield is 6.09% versus a Financial Services sector median of 3.66% (66.6% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 12.32M | USD 12.09M | n/a | n/a | 0.18 | USD 194.80K | n/a | USD 386.57M |
| FY2024 | USD 67.33M | USD 67.15M | n/a | n/a | 1.45 | n/a | n/a | USD 403.50M |
| FY2023 | USD 12.76M | USD 12.34M | n/a | n/a | 0.23 | n/a | n/a | USD 370.20M |
| FY2022 | -USD 89.62M | -USD 90.32M | USD 26.22M | n/a | -0.96 | USD 824.01K | n/a | USD 388.61M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | n/a | n/a | 6.1% | 0.35 |
| 2025 | 2025-12-31 | n/a | n/a | 5.1% | 0.32 |
| 2024 | 2024-12-31 | n/a | n/a | 4.0% | 0.24 |
| 2023 | 2023-12-29 | n/a | n/a | 4.4% | 0.27 |
| 2022 | 2022-12-30 | n/a | n/a | 5.7% | 0.36 |
| 2021 | 2021-12-31 | n/a | n/a | 4.1% | 0.36 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.35 USD, yield 6.1%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.31 USD |
| FY2024 | 0.24 USD |
| FY2023 | 0.27 USD |
| FY2022 | 0.36 USD |
About Putnam Managed Municipal Income Trust.
Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of tax-exempt municipal securities, including high-yield securities that are rated below investment grade. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index.
Related stock research
Other Financial Services stocks
Frequently asked questions
Does Putnam Managed Municipal Income Trust. pay a dividend?
Putnam Managed Municipal Income Trust. has a dividend yield of 6.1%.
What does Putnam Managed Municipal Income Trust. do?
Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of tax-exempt municipal securities, including high-yield securities that are rated below investment grade. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index.