Putnam Managed Municipal Income Trust (NYSE:PMM) Institutional Investors Quarterly Sentiment

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

Putnam Managed Municipal Income Trust (NYSE:PMM) institutional sentiment decreased to 0.82 in 2018 Q4. Its down -0.59, from 1.41 in 2018Q3. The ratio is negative, as 18 institutional investors increased or started new stock positions, while 22 sold and reduced equity positions in Putnam Managed Municipal Income Trust. The institutional investors in our partner’s database reported: 5.86 million shares, down from 6.05 million shares in 2018Q3. Also, the number of institutional investors holding Putnam Managed Municipal Income Trust in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 8 Reduced: 14 Increased: 11 New Position: 7.

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 $368.30 million. It is co-managed by Putnam Investments Limited. It has a 440.59 P/E ratio. The fund invests in the fixed income markets of the United States.

The stock decreased 0.13% or $0.01 during the last trading session, reaching $7.49. About 39,745 shares traded. Putnam Managed Municipal Income Trust (NYSE:PMM) has risen 3.97% since May 8, 2018 and is uptrending. It has underperformed by 0.40% the S&P500.

Robinson Capital Management Llc holds 2.38% of its portfolio in Putnam Managed Municipal Income Trust for 969,526 shares. Goodwin Daniel L owns 101,112 shares or 0.36% of their US portfolio. Moreover, Glovista Investments Llc has 0.25% invested in the company for 133,266 shares. The Massachusetts-based Twin Focus Capital Partners Llc has invested 0.19% in the stock. Tradewinds Capital Management Llc, a Washington-based fund reported 50,000 shares.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $715 activity.

More notable recent Putnam Managed Municipal Income Trust (NYSE:PMM) news were published by: Zacks.com which released: “4 Reasons to Add Infineon Stock to Your Portfolio Right Now – Zacks.com” on December 20, 2018, also Seekingalpha.com with their article: “Munis In March: Flows In Focus – Seeking Alpha” published on March 18, 2019, Zacks.com published: “Infineon (IFNNY) Q2 Earnings Miss, Revenues Beat Estimates – Zacks.com” on August 03, 2018. More interesting news about Putnam Managed Municipal Income Trust (NYSE:PMM) were released by: Businesswire.com and their article: “Putnam Investments to Hold Webcasts for Closed-End Funds – Business Wire” published on January 10, 2019 as well as Seekingalpha.com‘s news article titled: “SCOTUS – 2 Major Rulings With Positive Implications For Municipal Bond Credit Quality – Seeking Alpha” with publication date: July 03, 2018.

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