US · PMM
Putnam Managed Municipal Income Trust
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- Boston, MA 02110
- Website
- putnam.com
Price · as of 2024-10-31
$6.16
Market cap 277.25M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $147.59 | +2,295.94% |
| Intrinsic Value(DCF) | $2.45 | -60.23% |
| Graham-Dodd Method(GD) | $15.93 | +158.54% |
| Graham Formula(GF) | $1,403.82 | +22,689.2% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | |||||
| 2011 | |||||
| 2012 | $4.16 | ||||
| 2013 | $3.55 | $26.07 | $0.81 | $7.99 | $0.00 |
| 2014 | $4.05 | $33.78 | $2.13 | $15.41 | $3.73 |
| 2015 | $4.40 | $26.82 | $1.64 | $12.49 | $2.43 |
| 2016 | $4.48 | $26.49 | $2.20 | $13.29 | $2.27 |
| 2017 | $4.89 | $33.59 | $7.66 | $12.24 | $0.00 |
| 2018 | $4.96 | $37.96 | $7.24 | $9.90 | $0.00 |
| 2019 | $5.93 | $160.12 | $0.00 | $15.48 | $1,126.79 |
| 2020 | $6.21 | $37.81 | $5.35 | $13.25 | $0.00 |
| 2021 | $6.74 | $36.37 | $0.00 | $13.58 | $61.01 |
| 2022 | $5.41 | $32.05 | $0.82 | $0.00 | $87.72 |
| 2023 | $5.48 | $43.57 | $5.12 | $9.17 | $0.00 |
| 2024 | $5.64 | $147.59 | $0.00 | $15.93 | $1,403.82 |
AI valuation
Our deep-learning model estimates Putnam Managed Municipal Income Trust's (PMM) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $147.59
- Current price
- $6.16
- AI upside
- +2,295.94%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$2.45
-60.23% upside
Graham-Dodd
$15.93
+158.54% upside
Graham Formula
$1,403.82
+22,689.2% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| PMM | Putnam Managed Municipal … | $6.16 | 277.25M | +2,296% | -60% | +159% | +22,689% | 3.90 | 0.65 | 3.89 | 4.00 | 0.50 | 0.65 | 100.00% | 99.74% | 99.74% | 17.36% | 16.80% | 16.21% | 0.03 | 109.49 | 1.54 | 2.49 | 0.18 | 78000.00% | 100601.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 3.34% | 4.03 | — | 4.02 | 10.12 |
| BKT | BlackRock Income Trust, I… | $11.16 | 271.01M | +335% | -20% | — | +223% | 80.24 | 0.91 | 63.76 | 39.22 | — | 0.91 | 100.00% | 79.67% | 79.46% | 1.09% | 0.82% | 0.71% | 0.31 | 0.60 | 0.19 | 0.24 | 10.22 | -8116.00% | 27280.00% | 11738.00% | 25.40% | 1.27 | 16.73% | 9.85% | 790.50% | 24.80% | 104.04 | 5.12 | 82.88 | 0.42 |
| EOT | Eaton Vance National Muni… | $17.40 | 271.87M | +56% | -3% | -57% | — | 49.63 | 0.86 | 36.08 | 57.77 | — | 0.86 | 77.92% | 72.69% | 72.69% | 1.71% | 1.50% | 1.48% | 0.14 | 3.29 | 1.56 | 1.56 | 8.13 | -6667.00% | -5491.00% | -276.00% | 4.45% | 3.73 | 3.31% | 5.18% | 257.20% | 5.62% | 57.77 | 26.14 | 41.99 | 3.39 |
| FCT | First Trust Senior Floati… | $9.88 | 256.72M | +327% | +236% | — | — | 13.26 | 0.90 | 11.43 | 16.11 | — | 0.90 | 88.64% | 86.14% | 86.14% | 6.62% | 5.78% | 5.30% | 0.20 | 7.58 | 0.37 | 0.37 | 2.85 | -4194.00% | -3428.00% | -8609.00% | 2.48% | 0.23 | 1.90% | 12.27% | 162.80% | 12.27% | 16.11 | 48.98 | 13.88 | 1.75 |
| MCR | MFS Charter Income Trust | $6.23 | 259.72M | +427% | +4,848% | -88% | +229% | 14.78 | 0.92 | 13.19 | 15.38 | — | 0.92 | 89.81% | 115.48% | 89.25% | 6.18% | 6.04% | 4.60% | 0.34 | 4.43 | 2.61 | 4.55 | 4.18 | -4167.00% | 4249.00% | -5462.00% | 4.57% | 5.17 | 3.15% | 8.66% | 128.00% | 8.81% | 15.38 | 29.48 | 17.76 | 1.68 |
| MFM | MFS Municipal Income Trus… | $5.59 | 230.24M | +429% | -40% | -53% | — | 39.27 | 0.90 | 16.35 | 33.40 | — | 0.90 | 82.88% | 74.01% | 41.64% | 2.26% | 2.76% | 1.54% | 0.46 | 2.29 | 0.59 | 0.59 | 11.30 | -8772.00% | -7097.00% | 908.00% | 4.88% | 17.08 | 2.98% | 5.02% | 197.00% | 5.02% | 33.40 | 30.99 | 24.72 | 1.17 |
| MMT | MFS Multimarket Income Tr… | $4.71 | 258.8M | +515% | -24% | -78% | — | 11.50 | 0.91 | 10.84 | 12.51 | — | 0.91 | 89.09% | 116.44% | 94.23% | 7.91% | 7.37% | 5.81% | 0.34 | 5.27 | 0.00 | 0.18 | 3.47 | -5000.00% | -4872.00% | -6229.00% | 4.42% | 0.11 | 3.03% | 8.71% | 100.20% | 9.36% | 12.51 | 30.42 | 14.56 | 1.35 |
| PMO | Putnam Municipal Opportun… | $10.82 | 303.59M | — | -10% | +64% | -63% | 25.11 | 0.60 | 24.02 | 26.06 | — | 0.60 | 96.23% | 95.65% | 95.65% | — | — | — | 0.02 | 25.38 | 5.29 | 5.23 | 0.95 | — | — | — | 0.00% | 0.00 | — | 0.00% | 0.00% | 0.00% | 26.06 | — | 24.93 | 13.05 |
| RMM | Rivernorth Managed Durati… | $14.52 | 286.62M | +3,464% | -64% | — | — | — | — | — | — | — | — | 245.26% | 250.00% | 250.00% | -4.18% | -2.56% | -2.55% | 0.64 | -1.72 | 3.37 | 3.37 | -14.51 | -10000.00% | -12022.00% | -209.00% | — | 20.06 | 7.35% | — | -167.70% | — | — | — | — | — |
| SCD | LMP Capital and Income Fu… | $15.93 | 5.34B | +139% | -36% | — | -94% | -437.94 | 0.95 | 6.56 | 149.97 | — | 0.95 | 99.56% | 5.27% | -1.50% | -0.24% | 0.69% | -0.19% | 0.21 | 0.78 | 0.28 | 2.47 | 27.70 | -10070.00% | -3767.00% | -6442.00% | 1.67% | 2.16 | 1.43% | 7.49% | -3278.40% | 7.49% | 149.97 | 72.26 | 7.91 | 3.12 |
About Putnam Managed Municipal Income Trust
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.
- CEO
- Robert Lloyd Reynolds
- Employees
- 0
- Beta
- 0.79
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($2.45 ÷ $6.16) − 1 = -60.23% (DCF, example).