Franklin Managed Municipal Income Trust closed at $5.51 on Sep 28, down 1.08%, within 0.0% of its 52-week closing low. Volume of 332.3K shares was 2.54× its 20-day average (well above normal).
Split-adjusted performance: -11.8% over one month, -7.4% over six months, -10.4% over one year.
Short interest was 41.7K shares at the Sep 15 settlement, up 3.9% from the prior report (0.1% of float, 1.0 days to cover).
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Quick answers
What does Franklin Managed Municipal Income Trust do?
Putnam Managed Municipal Income Trust is a closed-end management investment company. Its investment objective is to seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-exempt municipal securities.
What is PMM's market cap?
$236.01M, based on the Sep 28 close of $5.51.
Does Franklin Managed Municipal Income Trust pay a dividend?
Yes. The latest regular dividend was $0.033 per share (ex-date Sep 23), an annualised yield of 7.19%.
How much of PMM is sold short?
41.7K shares, 0.1% of float, as of Sep 15, 2026.
About Franklin Managed Municipal Income Trust
Putnam Managed Municipal Income Trust is a closed-end management investment company. Its investment objective is to seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-exempt municipal securities. The Fund invests in various sectors such as healthcare, retirement community, private higher education, housing-backed, essential service utilities, and state-backed bonds.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
