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PMM Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today

PMM
PMM
Franklin Managed Municipal Income Trust
At close Nov 6 at 4:00 PM ET (Korea 11/7 06:00)
$6.56
+0.21 ▲ +3.31%
Nov 6 at 4:00 PM ET (Korea 11/7 06:00)
$6.56
+0.00 +0.00%

Full metrics table

About this fund
푸트넘 매니지드 뮤니시팔 인컴 트러스트PMM | NYSE | Bond fund

🏛️ A closed-end fund (CEF) managed by a Franklin Templeton affiliate, this product aims to provide federal income tax-exempt income by investing in relatively low-credit-rated municipal bonds and pays out monthly distributions.

Good to know

It runs 31% of assets on borrowed money.

Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.

PMM fund at a glance as of Nov 6
Distribution rate ⓘ 6.53% monthly
Total Expense Ratio ⓘ 1.06% incl. 0.24% interest
AUM ⓘ $266M Assets Under Management
Leverage ⓘ 31%
Net asset value ⓘ $6.49
Inception 1989
Issuer Franklin Advisers, Inc.
Cheaper than its assets?

Against the value of what the fund holds it is 2.2% cheaper.

Its holdings are worth $6.49 per share, but it trades at $6.35. Over the past year it usually traded 6.3% below value, so it is pricier now.

Market price $6.35
Net asset value ⓘ $6.49
Quote

Over the past 1 year, on the higher side

1% below its 1-year high.

1-Year Low$5.39 1-Year High$6.60
52-Wk Position97%
Volume ⓘ 136.4K

Traded about as much as usual. That is 96% of its average volume.

Upcoming events

Ex-dividend date: November 20

13 days to go. Buy before this date to receive the dividend.

Ex-dividend dateNovember 20
A
Overall · mostly strong
We judged 3 of the 3 questions below. 2 rate excellent and 1 need caution.
ETFs holding this stock 1 ETFs

Multiple ETFs hold this stock, but only a sliver

Buying this ETF gives you exposure to this stock as well.

ETFs holding this stockWeight
XMPT VanEck CEF Muni Income ETF 0.01%
Peer comparison Closed-End Fund - Debt

It ranks #933 of 1436 in the industry

Based on market cap of $281M.

FAQ

FAQ

What kind of CEF is PMM?

PMM is a closed-end fund (CEF).

What is the distribution yield of PMM?

PMM's distribution yield is approximately 5.29%, paid out on a regular basis.

What is the 52-week high and low for PMM?

PMM has recorded a 52-week high of $6.60 and a low of $5.39.

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