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Upturn AI SWOT - About
Putnam Managed Municipal Income Closed Fund (PMM)
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Upturn Advisory Summary
10/30/2025: 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 -7.47% | Avg. Invested days 41 | 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 10/30/2025 |
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 (NYSE: PMM) is a closed-end fund. It was formed to seek as high a level of current income exempt from federal income tax as Putnam Management believes is consistent with prudent risk.
Core Business Areas
- Municipal Bond Investments: The fund invests primarily in municipal bonds exempt from federal income tax. Its main activity is to manage a portfolio of municipal debt obligations.
Leadership and Structure
The fund is managed by Putnam Investment Management, LLC. Portfolio management decisions are overseen by experienced investment professionals within Putnam.
Top Products and Market Share
Key Offerings
- Tax-Exempt Municipal Bonds: PMM offers a diversified portfolio of municipal bonds that provide income exempt from federal income tax, appealing to investors seeking tax-advantaged returns. Market share data is not readily available as it is a closed-end fund. Competitors include other municipal bond closed-end funds such as Nuveen and BlackRock funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors like interest rates, credit ratings of issuers, and overall economic conditions. Demand is driven by investors seeking tax-advantaged income.
Positioning
PMM aims to provide a consistent stream of tax-exempt income to investors. Its competitive advantage lies in Putnam's expertise in municipal bond management.
Total Addressable Market (TAM)
The TAM for municipal bonds is in the trillions of dollars. PMM occupies a small portion of this market, focused on providing tax-exempt income to its shareholders.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio of municipal bonds
- Tax-exempt income for investors
Weaknesses
- Sensitivity to interest rate changes
- Potential for credit risk from municipal issuers
- Closed-end fund structure can lead to trading at a discount to NAV
Opportunities
- Increased demand for tax-advantaged investments
- Potential for capital appreciation if interest rates decline
- Expansion into new municipal bond sectors
Threats
- Rising interest rates
- Credit downgrades of municipal issuers
- Increased competition from other tax-advantaged investment vehicles
Competitors and Market Share
Key Competitors
- Nuveen (JCE)
- BlackRock (BTA)
Competitive Landscape
PMM competes with other closed-end municipal bond funds based on factors like yield, expense ratio, and investment strategy. Putnam's brand and expertise provide a competitive advantage.
Growth Trajectory and Initiatives
Historical Growth: Growth is limited by the fund's closed-end structure. Growth typically comes from NAV appreciation and reinvestment of dividends.
Future Projections: Future performance depends on the municipal bond market and Putnam's investment management capabilities. Analyst estimates are not typically available for closed-end funds.
Recent Initiatives: Recent initiatives might include adjusting the portfolio allocation to take advantage of market opportunities.
Summary
Putnam Managed Municipal Income Closed Fund provides tax-exempt income to investors. Its strengths include an experienced management team and diversified portfolio. Weaknesses include interest rate sensitivity and credit risk. It should focus on maintaining a competitive expense ratio and actively managing its portfolio to navigate market volatility.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Putnam Investments website
- SEC filings
- Financial data providers (e.g., Bloomberg, Yahoo Finance)
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market data is subject to change. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.
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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