PMM — Putnam Managed Municipal Income Closed Fund

✨ Hidden Gem

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Putnam Managed Municipal Income Closed Fund

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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$6.20
Market Cap$264M
Shares Outstanding42.8M
P/E (TTM)34.22
Price/Sales (TTM)13.37
Profit Margin36.69%
Operating Margin (TTM)87.75%
Revenue (TTM)$19.7M
Earnings Growth (YoY)25.10%
Dividend Rate0.4%

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $8.4M $7.7M $8.4M $7.7M
2021 $33.6M $32.8M $33.6M $32.8M
2022 -$89.6M -$90.3M -$89.6M -$89.7M
2023 $12.8M $12.3M $12.8M $12.3M
2024 $67.3M $67.2M $67.3M $67.7M
2025 $14.0M $12.1M $11.9M $12.8M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Apr 2024 $7.7M $48.4M
Oct 2024 $9.6M $18.7M
Apr 2025 $8.9M -$6.7M
Oct 2025 $5.0M $18.8M

Ownership & Float

Insider Ownership0.0%
Institutional Ownership23.6%

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$6.17Near-term / short-term trend
Weekly40-Week SMA$6.17Medium-term trend
Weekly80-Week SMA$6.11Cyclical trend (business cycle)
Weekly200-Week SMA$6.13Secular trend (multi-year)
Monthly10-Month SMA$6.16Near-term monthly trend
Monthly20-Month SMA$6.13Medium-term monthly trend
Monthly40-Month SMA$6.08Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$6.40 resistance 1.03x 1 months ago
$6.50 resistance 1.15x 18 months ago

Historical Earnings Reactions (48 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.21% 0.06% 50.00% 1.57% -0.53%
1 Day 0.13% 0.00% 47.92% 3.46% -1.78%
1 Week 0.65% 0.46% 64.58% 10.21% -4.62%
2 Weeks 0.73% 0.92% 62.50% 12.03% -7.83%
1 Month 0.98% 1.13% 64.58% 15.98% -14.76%

Next earnings: April 25, 2025

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.2%81.1%37
Feb-0.2%54.1%37
Mar-1.5%23.7%38
Apr-0.2%52.6%38
May1.2%59.5%37
Jun0.6%51.4%37
Jul0.3%48.6%37
Aug-0.0%45.9%37
Sep-0.9%40.5%37
Oct-1.4%37.8%37
Nov0.6%54.1%37
Dec-0.9%51.4%37

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.04% 39.9% 1768
Tuesday 0.05% 43.4% 1925
Wednesday 0.05% 43.5% 1923
Thursday -0.04% 38.6% 1888
Friday -0.02% 41.3% 1879

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 23.6%

Insider Transactions — Smart Summary

Total insider ownership: 0.0%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Putnam Managed Municipal Income Closed Fund (PMM) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for PMM on Trend Edge →