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Upturn AI SWOT - About
Putnam Managed Municipal Income Closed Fund (PMM)
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Upturn Advisory Summary
09/17/2025: 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.
Analysis of Past Performance
Type Stock | Historic Profit -6.82% | Avg. Invested days 38 | 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 09/17/2025 |
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 Closed Fund was established to provide investors with high current income exempt from federal income tax, consistent with preservation of capital. Specific founding date and early milestones require further research.
Core Business Areas
- Municipal Bond Investments: Primarily invests in a diversified portfolio of municipal bonds, seeking high current income.
Leadership and Structure
Information on the fund's specific leadership and organizational structure would require access to their official filings and Putnam's website. Generally, such funds are managed by a portfolio management team within Putnam Investments.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: The fund offers a diversified portfolio of municipal bonds. Market share is complex as it's a closed-end fund competing with various other municipal bond funds and ETFs. Competitors include Nuveen, BlackRock, and Eaton Vance municipal bond funds. Specific market share data requires specialized financial data services.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, tax policy, and the financial health of state and local governments. Demand is driven by investors seeking tax-advantaged income.
Positioning
The fund aims to provide high current income, tax-exempt, within the municipal bond market. Competitive advantages hinge on Putnam's investment expertise and access to bond markets.
Total Addressable Market (TAM)
The TAM is the total value of the US municipal bond market, in the trillions of dollars. Putnam's fund captures a small fraction of this TAM through its AUM.
Upturn SWOT Analysis
Strengths
- Experienced Management Team (Putnam)
- Tax-Exempt Income
- Diversified Municipal Bond Portfolio
Weaknesses
- Closed-End Fund Structure (Potential for Discount to NAV)
- Interest Rate Sensitivity
- Dependence on Municipal Bond Market Conditions
Opportunities
- Increased Demand for Tax-Advantaged Investments
- Rising Interest Rate Environment (Potential for Higher Yields)
- Expansion of Municipal Bond Offerings
Threats
- Rising Interest Rates (Decreased Bond Values)
- Changes in Tax Policy (Reduced Tax Benefits)
- Economic Downturn (Increased Credit Risk)
- Increased Competition from other Municipal Funds
Competitors and Market Share
Key Competitors
- VTA
- MUB
- HYD
Competitive Landscape
PMM's competitive advantages include Putnam's experience in fixed income. Disadvantages could stem from a smaller scale than some larger ETF competitors.
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to the fund's net asset value (NAV) changes and market conditions.
Future Projections: Future growth projections would be based on market analysts estimates not available from my current knowledge.
Recent Initiatives: Recent initiatives usually involve portfolio adjustments and strategic investment decisions within the municipal bond market.
Summary
Putnam Managed Municipal Income Closed Fund offers tax-exempt income, but its performance is susceptible to interest rate fluctuations and economic shifts. Putnam's fixed income expertise is a strength. The closed-end fund structure can introduce volatility. Investors should watch for changes in tax laws and economic conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC filings (where applicable), Putnam Investments website, financial data providers (e.g., Bloomberg, Reuters) for detailed financial metrics.
Disclaimers:
This analysis is based on publicly available information and general knowledge of the financial market. It is not financial advice and should not be considered a recommendation to buy or sell securities. Market data is subject to change.
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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