PMM
Price:
$6.205
Market Cap:
$265.78M
The Putnam Managed Municipal Income Trust operates as a closed-end investment vehicle specializing in fixed-income assets. It is primarily managed by Putnam Investment Management LLC, with additional oversight provided by Putnam Investments Limited. This trust allocates its capital specifically within the United States' debt securities markets. Its portfolio predominantly comprises a diverse array of tax-exempt municipal bonds, even incorporating high-yield municipal securities deemed below investment grade. To gauge its effectiveness, the fund's returns are benchmarked against the Barclays Municipal Bond Index. Established on February 24, 1989, this U.S.-domiciled trust.
Industry
Asset Management - Income
IPO Date
1989-02-17
Stock Exchange
NYSE
Ticker
PMM
According to Putnam Managed Municipal Income Trust’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 2.45 of the last 4 quarters.
The mean historical Current Ratio of Putnam Managed Municipal Income Trust over the last ten years is 1.98. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), PMM's Current Ratio was at its highest in in the April 2025 quarter at 7.90. The Current Ratio was at its lowest in in the April 2012 quarter at 0.
Average
1.98
Median
1.83
Minimum
0
Maximum
4.00
Discovering the peaks and valleys of Putnam Managed Municipal Income Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 590.12%
Maximum Annual Current Ratio = 4.00
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0 | -100.00% |
| 2024 | 1.54 | 318.63% |
| 2023 | 0.37 | -89.08% |
| 2022 | 3.36 | -15.98% |
| 2021 | 4.00 | 590.12% |
| 2020 | 0.58 | -45.30% |
| 2019 | 1.06 | -68.65% |
| 2018 | 3.38 | 0.83% |
| 2017 | 3.35 | 57.59% |
| 2016 | 2.13 | -65.30% |
The current Current Ratio of Putnam Managed Municipal Income Trust (PMM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.63
5-year avg
1.85
10-year avg
1.98
Putnam Managed Municipal Income Trust’s Current Ratio is less than MFS Charter Income Trust (2.61), less than MFS Municipal Income Trust (0), less than LMP Capital and Income Fund Inc. (0.28), less than Aberdeen Multi-Market Income Fund (0), less than BlackRock Income Trust, Inc. (0.08), less than Eaton Vance National Municipal Opportunities Trust (0), less than Putnam Municipal Opportunities Trust (0.39), less than First Trust Senior Floating Rate Income Fund II (0.01), less than Rivernorth Managed Duration Municipal Income Fund Inc. (3.37), less than Franklin Limited Duration Income Trust (0.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.61 | $247.21M | |
| 0 | $222.00M | |
| 0.28 | $5.16B | |
| 0 | $244.41M | |
| 0.08 | $252.88M | |
| 0 | $263.90M | |
| 0.39 | $293.31M | |
| 0.01 | $249.18M | |
| 3.37 | $285.53M | |
| 0.68 | $232.94M |
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