PUTNAM MANAGED MUNI INCM TRS
1 day chart
Kickstart your portfolio with a U.S. stock on us
Sign up and fund a new Wall St account and get a full share randomly chosen between GoPro, Dropbox or Nike.
Sign up and fund a new Wall St account and get a full U.S. share.
T&Cs apply
About PMM
Putnam Managed Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s objective is to seek a high level of current income exempt from federal income tax. The Fund intends to achieve its objective by investing in a diversified portfolio of tax-exempt municipal securities, which it believes does not involve undue risk to income or principal. Up to 60% of its assets may consist of high-yield tax-exempt municipal securities that are below investment grade and involve special risk considerations. It also uses leverage, primarily by issuing preferred shares in an effort to enhance the returns for the common shareholders. The Fund’s shares trade on a stock exchange at market prices, which may be lower than its net asset value. It invests across various sectors, such as healthcare, education, special tax, transportation and land. The Fund’s investment manager is Putnam Investment Management, LLC (Putnam Management).
Buy US stocks in Australia starting with PMM. Open an account and start investing today!
-
-
4.50%
127.92K
$6.37
$6.32
$6.37
$6.50
$5.00
Ready to start your investing journey with Stake?
Open an accountPMM FAQs
- Find the right investing platform for you. To buy PMM shares in Australia, you’ll need to open an account with an investing platform that offers the security. Try Stake, you can sign up in minutes.
- Fund your brokerage account. Once you are set up you can deposit into your account with different payment methods.
- Search for PMM or PUTNAM MANAGED MUNI INCM TRS. Find the stock by using the search function and go to the PMM page.
- Place an order to buy PMM. Press the ‘Buy’ button and choose an order type to place your trade. Depending on the order type, the trade will go through straight away or when a price target is hit.
- Monitor your portfolio. You’ve now purchased some PMM shares. Stay on top of your portfolio and monitor its performance. You may be eligible for dividends and shareholder voting rights that affect your stock.
This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
Invest in PMM
on Stake
Buy PMM from US$3 brokerage
Invest in 9,500+ U.S. stocks and ETFs
Own a slice of PMM from only US$10 with fractional shares
