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Putnam Managed Municipal Income Trust.
Putnam Managed Municipal Income Trust.
PMM

Putnam Managed Municipal Income Trust. (PMM)

$8.50.93%

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Key Stats

Open
8.5
Today Low/High
8.5 / 8.53
52 Week Low/High
$7.27 / $8.87
Market Cap
$419.39M

Company Details

Putnam Managed Municipal Income Trust is a closed-end fund seeking high current tax-free income by investing primarily in levered portfolio of municipal bonds. The fund seeks a high level of current income exempt from federal tax. It invests in a diversified portfolio of tax-exempt municipal securities. The fund uses leverage by issuing preferred shares to enhance returns, which involves risk and may increase the volatility of the net asset value (nav).
Organisation
Putnam Managed Municipal Income Trust.
Headquaters
, MASSACHUSETTS
Industry
Miscellaneous
CEO
Jonathan Horwitz

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