Putnam Managed Municipal Income Trust (NYSE:PMM) Institutional Investors Sentiment Index Worsens in Q4 2018

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

Putnam Managed Municipal Income Trust (NYSE:PMM) institutional sentiment decreased to 0.82 in Q4 2018. Its down -0.59, from 1.41 in 2018Q3. The ratio turned negative, as 18 investment managers increased or opened new holdings, while 22 cut down and sold their equity positions in Putnam Managed Municipal Income Trust. The investment managers in our partner’s database now hold: 5.86 million shares, down from 6.05 million shares in 2018Q3. Also, the number of investment managers holding Putnam Managed Municipal Income Trust in their top 10 holdings 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 buying transaction, and 0 insider sales for $715 activity.

More notable recent Putnam Managed Municipal Income Trust (NYSE:PMM) news were published by: Prnewswire.com which released: “3D Systems and GF Machining Solutions Announce DMP Factory 500 – Integrating the Best of Additive and Subtractive to Transform Manufacturing – PR Newswire” on September 10, 2018, also Seekingalpha.com with their article: “Muni Market Update: January – Seeking Alpha” published on February 21, 2019, Zacks.com published: “4 Reasons to Add Infineon Stock to Your Portfolio Right Now – Zacks.com” on December 20, 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: “Munis In March: Flows In Focus – Seeking Alpha” with publication date: March 18, 2019.

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