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Upturn AI SWOT - About
Putnam Managed Municipal Income Closed Fund (PMM)
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Upturn Advisory Summary
07/11/2025: PMM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit -8.47% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 263.96M USD | Price to earnings Ratio 4.08 | 1Y Target Price - |
Price to earnings Ratio 4.08 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.74 | 52 Weeks Range 5.66 - 6.61 | Updated Date 06/29/2025 |
52 Weeks Range 5.66 - 6.61 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 5.38% | Basic EPS (TTM) 1.45 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 348.57% | Operating Margin (TTM) 87.75% |
Management Effectiveness
Return on Assets (TTM) 2.54% | Return on Equity (TTM) 17.36% |
Valuation
Trailing PE 4.08 | Forward PE - | Enterprise Value 387075648 | Price to Sales(TTM) 13.7 |
Enterprise Value 387075648 | Price to Sales(TTM) 13.7 | ||
Enterprise Value to Revenue 5.4 | Enterprise Value to EBITDA - | Shares Outstanding 44662700 | Shares Floating - |
Shares Outstanding 44662700 | Shares Floating - | ||
Percent Insiders 0.01 | Percent Institutions 19.74 |
Upturn AI SWOT
Putnam Managed Municipal Income Closed Fund
Company Overview
History and Background
Putnam Managed Municipal Income Trust (PMM) is a closed-end fund that focuses on investing in municipal bonds. While exact founding details are unavailable without extensive research, similar funds were established by Putnam Investments in the late 20th century. The fund aims to provide current income exempt from federal income tax by investing primarily in municipal bonds.
Core Business Areas
- Municipal Bond Investment: The fund's primary business is investing in a portfolio of municipal bonds issued by state and local governments. This includes bonds of varying maturities and credit ratings.
Leadership and Structure
The fund is managed by Putnam Investment Management, LLC. Portfolio management decisions are made by a team of investment professionals within Putnam.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: PMM offers a diversified portfolio of municipal bonds. Market share data is not readily available for specific closed-end funds. Competitors include other closed-end municipal bond funds like BlackRock MuniYield Fund (MYD) and Nuveen Municipal Value Fund (NUV).
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, tax policies, and the financial health of state and local governments. Demand is driven by investors seeking tax-exempt income.
Positioning
PMM is positioned as a provider of tax-exempt income through municipal bond investments. Competitive advantages include Putnam's experience in managing fixed-income portfolios.
Total Addressable Market (TAM)
The total municipal bond market is trillions of dollars. PMM captures a tiny segment of this, highly sensitive to interest rate changes.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Tax-Exempt Income
- Diversified Portfolio
Weaknesses
- Interest Rate Risk
- Credit Risk
- Discount to NAV
Opportunities
- Increasing Demand for Tax-Exempt Income
- Rising Interest Rate Environment (potentially)
- Active Management to Enhance Returns
Threats
- Rising Interest Rates
- Credit Downgrades of Municipal Bonds
- Changes in Tax Laws
Competitors and Market Share
Key Competitors
- MYD
- NUV
- VBF
Competitive Landscape
PMM competes with other closed-end municipal bond funds based on factors such as expense ratio, yield, and historical performance. Each fund may have a slightly different investment strategy.
Growth Trajectory and Initiatives
Historical Growth: Growth is limited as the fund's size is relatively stable. Growth depends on how well the fund can capture the bond market.
Future Projections: Future growth depends on the fund's ability to generate income from its bond portfolio and manage expenses effectively.
Recent Initiatives: Information on recent initiatives would come from Putnam's press releases or fund reports (unavailable without direct research).
Summary
Putnam Managed Municipal Income Trust offers investors tax-exempt income through a portfolio of municipal bonds. Its performance is heavily influenced by interest rate movements and the credit quality of its holdings. While it provides a steady income stream, potential risks include interest rate increases and credit downgrades. Its strengths lie in its experienced management and diversification. It should stay competitive in the municipal bond market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Putnam Investments Website
- Financial News Outlets (e.g., Bloomberg, Reuters)
- SEC Filings
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Putnam Managed Municipal Income Closed Fund
Exchange NYSE | Headquaters Boston, MA, United States | ||
IPO Launch date 1989-06-30 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in the United States.
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