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Upturn AI SWOT - About
Putnam Managed Municipal Income Closed Fund (PMM)
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Upturn Advisory Summary
08/28/2025: PMM (1-star) is currently NOT-A-BUY. Pass it for now.
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 -9.09% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
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 is a closed-end management investment company. It seeks to provide current income exempt from federal income tax, consistent with preservation of capital. The fund invests primarily in municipal bonds.
Core Business Areas
- Municipal Bond Investments: The fund's primary business is investing in a diversified portfolio of municipal bonds. These bonds are issued by states, cities, and other local governments to finance public projects.
Leadership and Structure
The fund is managed by Putnam Investment Management, LLC. The leadership structure typically involves a portfolio management team responsible for investment decisions.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: The fund offers investors access to a diversified portfolio of municipal bonds, providing tax-exempt income. Market share data for individual closed-end funds is not typically tracked. Competitors include other closed-end municipal bond funds such as BlackRock MuniYield Funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings of issuers, and overall economic conditions. Demand for tax-exempt income often rises when federal income tax rates are high.
Positioning
The fund is positioned as a provider of tax-exempt income to investors, primarily through investments in municipal bonds. Its competitive advantage lies in its experienced management team and diversification.
Total Addressable Market (TAM)
The TAM is the entire municipal bond market, valued in the trillions of dollars. The fund's position depends on its assets under management (AUM) relative to the overall market.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Diversified portfolio of municipal bonds
- Tax-exempt income generation
- Established brand recognition
Weaknesses
- Sensitivity to interest rate changes
- Potential for credit risk on municipal bonds
- Closed-end fund structure can lead to trading at a discount to NAV
- Management fees reduce investor returns
Opportunities
- Rising demand for tax-exempt income in a high-tax environment
- Increasing investment in infrastructure projects by municipalities
- Potential for capital appreciation through bond selection
- Expansion of fund offerings or strategies
Threats
- Rising interest rates negatively impacting bond values
- Credit rating downgrades of municipal bond issuers
- Changes in tax laws reducing the attractiveness of tax-exempt income
- Increased competition from other investment vehicles
Competitors and Market Share
Key Competitors
- BlackRock MuniYield Fund (MYI)
- Nuveen Municipal Value Fund (NUV)
- Eaton Vance Municipal Bond Fund (EIM)
Competitive Landscape
The fund competes with other closed-end municipal bond funds based on factors such as yield, expense ratio, and historical performance. Putnam's reputation is a strength.
Growth Trajectory and Initiatives
Historical Growth: Growth is tied to the performance of the municipal bond market and the fund's investment decisions. Historical performance data is available on financial websites.
Future Projections: Future growth is based on analysts' estimates. Refer to financial news and analyst reports for projections.
Recent Initiatives: Refer to the fund's official reports for recent strategic initiatives.
Summary
Putnam Managed Municipal Income Closed Fund provides tax-exempt income through municipal bond investments. While its established brand and experienced management are strengths, it faces risks from interest rate changes and potential credit downgrades. The fund must effectively navigate market volatility and tax law changes to maintain its competitive position and investor appeal. Competitors provide strong value as well in the same arena.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Putnam Investments website
- Financial news outlets
- SEC filings
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market share figures are estimates.
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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