Putnam Managed Municipal Income Trust (PMM)

5.90 +0.02 (+0.38%) At close: 03:59PM EDT

Putnam Managed Municipal Income Trust

100 Federal Street
Boston, MA 02110
United States
617-292-1000
https://www.putnam.com/individual/mutual-funds/closed-end-funds/funds/56-managed-municipal-income-trust

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert Lloyd Reynolds	President and Interested Trustee	N/A	N/A	1952
Ms. Janet C. Smith	Principal Accounting Officer, Vice President and Assistant Treasurer	N/A	N/A	1965
Ms. Susan A. McCormack	Senior Vice President and Portfolio Manager	N/A	N/A	N/A
Mr. Paul M. Drury C.F.A., CFA	Portfolio Manager	N/A	N/A	N/A
Mr. Kevin Michael Cronin C.F.A., CFA	Portfolio Manager	N/A	N/A	1961
Mr. Joshua Brooks	Portfolio Manager	N/A	N/A	N/A
Ms. Thalia M. Meehan C.F.A.	Portfolio Manager	N/A	N/A	1961

Amounts are as of 31 December 2013, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate governance

Putnam Managed Municipal Income Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.