Putnam Managed Municipal Income Trust (NYSE:PMM) Q2 2018 Sentiment Report

Sentiment for Putnam Managed Municipal Income Trust (NYSE:PMM)

Putnam Managed Municipal Income Trust (NYSE:PMM) institutional sentiment decreased to 0.77 in Q2 2018. Its down -0.52, from 1.29 in 2018Q1. The ratio dived, as 17 active investment managers increased and started new equity positions, while 22 sold and reduced their stakes in Putnam Managed Municipal Income Trust. The active investment managers in our partner’s database now own: 5.86 million shares, down from 6.58 million shares in 2018Q1. Also, the number of active investment managers holding Putnam Managed Municipal Income Trust in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 7 Reduced: 15 Increased: 11 New Position: 6.

Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. The company has market cap of $374.77 million. It is co-managed by Putnam Investments Limited. It has a 22.12 P/E ratio. The fund invests in the fixed income markets of the United States.

The stock increased 0.29% or $0.02 during the last trading session, reaching $6.99. About 124,448 shares traded or 7.93% up from the average. Putnam Managed Municipal Income Trust (NYSE:PMM) has declined 7.97% since December 8, 2017 and is downtrending. It has underperformed by 23.59% the S&P500.

Robinson Capital Management Llc holds 2.4% of its portfolio in Putnam Managed Municipal Income Trust for 1.17 million shares. Goodwin Daniel L owns 101,112 shares or 0.33% of their US portfolio. Moreover, Twin Focus Capital Partners Llc has 0.22% invested in the company for 61,893 shares. The Washington-based Tradewinds Capital Management Llc has invested 0.15% in the stock. Macroview Investment Management Llc, a Maryland-based fund reported 4,242 shares.

More notable recent Putnam Managed Municipal Income Trust (NYSE:PMM) news were published by: Seekingalpha.com which released: “Weekly Municipal Bond CEF Trades – Seeking Alpha” on May 30, 2018, also Theglobeandmail.com with their article: “Why this product is generating so much buzz in the mutual fund industry – The Globe and Mail” published on November 03, 2017, Seekingalpha.com published: “The Liquidity Premium – Seeking Alpha” on August 02, 2017. More interesting news about Putnam Managed Municipal Income Trust (NYSE:PMM) were released by: Seekingalpha.com and their article: “Municipal Bonds: A Market In Motion – Seeking Alpha” published on November 13, 2017 as well as Seekingalpha.com‘s news article titled: “Is The Muni Bond Market Positioned For Its Moment In The Sun? – Seeking Alpha” with publication date: June 12, 2018.

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