PUTNAM MGD MUNI INC TR (PMM) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:PMM - US7468231037
PMM Key Statistics, Chart & Performance
The current stock price of PMM is 6.27 USD. In the past month the price increased by 2.96%. In the past year, price increased by 3.47%.
PUTNAM MGD MUNI INC TR / PMM FAQ
What does PMM do?
Putnam Managed Municipal Income Trust is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. Putnam Managed Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s objective is to seek a high level of current income exempt from federal income tax. The Fund intends to achieve its objective by investing in a diversified portfolio of tax-exempt municipal securities, which it believes does not involve undue risk to income or principal. Up to 60% of its assets may consist of high-yield tax-exempt municipal securities that are below investment grade and involve special risk considerations. The company also uses leverage, primarily by issuing preferred shares in an effort to enhance the returns for the common shareholders. The Fund’s shares trade on a stock exchange at market prices, which may be lower than its net asset value. The company invests across various sectors, such as healthcare, education, and land. The Fund’s investment manager is Putnam Investment Management, LLC.
Can you provide the latest stock price for PUTNAM MGD MUNI INC TR?
The current stock price of PMM is 6.27 USD. The price increased by 0.16% in the last trading session.
How is the ChartMill rating for PUTNAM MGD MUNI INC TR?
PMM has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
PMM Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to PMM. When comparing the yearly performance of all stocks, PMM turns out to be only a medium performer in the overall market: it outperformed 56.88% of all stocks.