PUTNAM MANAGED MUN INCOME TR PMM
COM · Closed-End Fund · CUSIP 746823103
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $6.54.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 75 |
| Q4 2022 | 88 |
| Q1 2023 | 77 |
| Q2 2023 | 83 |
| Q3 2023 | 85 |
| Q4 2023 | 98 |
| Q1 2024 | 96 |
| Q2 2024 | 85 |
| Q3 2024 | 94 |
| Q4 2024 | 95 |
| Q1 2025 | 84 |
| Q2 2025 | 86 |
| Q3 2025 | 81 |
| Q4 2025 | 90 |
| Q1 2026 | 91 |
| Q2 2026 | 87 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 31 | 26 |
| Q4 2024 | 35 | 33 |
| Q1 2025 | 30 | 37 |
| Q2 2025 | 37 | 26 |
| Q3 2025 | 26 | 28 |
| Q4 2025 | 29 | 32 |
| Q1 2026 | 33 | 26 |
| Q2 2026 | 30 | 27 |
Biggest buyers
| RAYMOND JAMES FINANCIAL INC | Added | +166.6k |
| Advisors Asset Management, Inc. | Added | +134.6k |
| ROBINSON CAPITAL MANAGEMENT, LLC | Added | +108.2k |
| Thomas J. Herzfeld Advisors, Inc. | New | +89.9k |
| MORGAN STANLEY | Added | +70.2k |
| VAN ECK ASSOCIATES CORP | Added | +38.1k |
| Cambridge Investment Research Advisors, Inc. | Added | +29.9k |
| WELLS FARGO & COMPANY/MN | Added | +29.7k |
| BANK OF AMERICA CORP /DE/ | Added | +17.7k |
| Noble Wealth Management PBC | Added | +15.0k |
Biggest sellers
| GUGGENHEIM CAPITAL LLC | Reduced | -191.5k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Sold out | -107.7k |
| ROYAL BANK OF CANADA | Reduced | -23.3k |
| Hennion & Walsh Asset Management, Inc. | Reduced | -22.4k |
| Ackerman Capital Advisors, LLC | Reduced | -21.5k |
| NOMURA HOLDINGS INC | Sold out | -18.8k |
| Rockefeller Capital Management L.P. | Reduced | -11.6k |
| JANE STREET GROUP, LLC | Sold out | -11.2k |
| Activest Wealth Management | Sold out | -6.6k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -6.2k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BANK OF AMERICA CORP /DE/ 13D · may seek influence filed 2024-12-20 | 92.0% |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 1 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-17 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Bought | $2.9k437 shares |
| 2026-07-16 | BANK OF AMERICA CORP /DE/ +1 10% owner · See Footnotes | Sold | $2.9k437 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.2m $7.8m | Added +166.6k |
| Hennion & Walsh Asset Management, Inc. 0.22% of their portfolio | 1.2m $7.8m | Reduced -22.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.1m $7.2m | Added +29.7k |
| Advisors Asset Management, Inc. 0.10% of their portfolio | 979.4k $6.4m | Added +134.6k |
| MORGAN STANLEY 0.00% of their portfolio | 788.9k $5.2m | Added +70.2k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 754.2k $4.9m | Reduced -191.5k |
| ROBINSON CAPITAL MANAGEMENT, LLC 1.22% of their portfolio | 423.2k $2.8m | Added +108.2k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 399.4k $2.6m | Added +38.1k |
| Invesco Ltd. 0.00% of their portfolio | 396.0k $2.6m | Reduced -195 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 338.7k $2.2m | Added +55 |
| LPL Financial LLC 0.00% of their portfolio | 223.6k $1.5m | Reduced -3.6k |
| &PARTNERS 0.00% of their portfolio | 117.8k $770.6k | Added +3.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 106.1k $693.8k | Added +17.7k |
| G2 CAPITAL MANAGEMENT, LLC / OH 0.14% of their portfolio | 101.4k $663.3k | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 0.34% of their portfolio | 95.7k $625.7k | Reduced -177 |
| Thomas J. Herzfeld Advisors, Inc. 0.18% of their portfolio | 89.9k $588.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 86.3k $565.0k | Reduced -23.3k |
| Bridgewater Advisors Inc. 0.03% of their portfolio | 76.1k $471.8k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 75.3k $492.3k | Reduced -2.9k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 74.9k $489.6k | Added +4.9k |
| Cetera Investment Advisers 0.00% of their portfolio | 65.9k $431.3k | Added +2.5k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 62.8k $410.0k | Added +29.9k |
| Capital Investment Advisors, LLC 0.01% of their portfolio | 58.9k $385.0k | Reduced -1.5k |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 58.8k $384.4k | Added +744 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 57.6k $376.8k | Added +939 |
| Keudell/Morrison Wealth Management 0.07% of their portfolio | 57.6k $376.7k | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 57.2k $374.4k | Reduced -11.6k |
| Ackerman Capital Advisors, LLC 0.07% of their portfolio | 54.2k $354.6k | Reduced -21.5k |
| XML Financial, LLC 0.02% of their portfolio | 47.1k $308.1k | Reduced -5.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 46.6k $304.5k | Added +4.9k |
| Allworth Financial LP 0.00% of their portfolio | 42.2k $276.0k | Added +3.0k |
| WealthBridge Capital Management, LLC 0.05% of their portfolio | 40.0k $261.6k | Added +3.5k |
| Tyche Wealth Partners LLC 0.04% of their portfolio | 39.7k $259.8k | Unchanged |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 38.9k $254.2k | Reduced -608 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 32.4k $212.0k | Unchanged |
| GILL CAPITAL PARTNERS, LLC 0.06% of their portfolio | 32.0k $209.2k | Unchanged |
| Noble Wealth Management PBC 0.09% of their portfolio | 31.8k $207.9k | Added +15.0k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 30.0k $196.0k | Added +10.0k |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 29.0k $189.8k | Unchanged |
| Clear Creek Financial Management, LLC 0.01% of their portfolio | 28.0k $183.3k | Reduced -3.9k |
| WESBANCO BANK INC 0.00% of their portfolio | 27.7k $181.2k | Unchanged |
| Joseph P. Lucia & Associates, LLC 0.05% of their portfolio | 27.6k $180.7k | Reduced -350 |
| TWIN FOCUS CAPITAL PARTNERS, LLC 0.02% of their portfolio | 24.0k $156.9k | Unchanged |
| Fortitude Advisory Group L.L.C. 0.05% of their portfolio | 21.4k $140.1k | Added +3.1k |
| Jupiter Wealth Management LLC 0.05% of their portfolio | 20.0k $130.8k | Unchanged |
| NWF Advisory Services Inc. 0.01% of their portfolio | 20.0k $130.8k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 19.5k $127.7k | Added +5.4k |
| Everstar Asset Management, LLC 0.06% of their portfolio | 18.9k $123.6k | Unchanged |
| Ashton Thomas Private Wealth, LLC 0.00% of their portfolio | 17.3k $113.3k | Unchanged |
| LANGLEY WEALTH MANAGEMENT, LLC 0.10% of their portfolio | 16.4k $107.0k | First filing |
| HOHIMER WEALTH MANAGEMENT, LLC 0.01% of their portfolio | 15.0k $98.1k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 14.8k $96.8k | Reduced -5.4k |
| Meridian Wealth Management, LLC 0.00% of their portfolio | 14.3k $93.5k | Unchanged |
| Regal Investment Advisors LLC 0.00% of their portfolio | 13.6k $89.0k | Unchanged |
| AE Wealth Management LLC 0.00% of their portfolio | 12.9k $84.2k | Added +1.1k |
| Procyon Advisors, LLC 0.00% of their portfolio | 12.8k $83.7k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 12.5k $81.5k | Unchanged |
| WEDBUSH SECURITIES INC 0.00% of their portfolio | 12.4k $81.0k | Unchanged |
| MGO ONE SEVEN LLC 0.00% of their portfolio | 12.1k $79.4k | New |
| Wealthcare Advisory Partners LLC 0.00% of their portfolio | 12.0k $78.6k | Unchanged |
| Simplicity Wealth,LLC 0.00% of their portfolio | 12.0k $78.5k | Unchanged |
| UMB Bank, n.a. 0.00% of their portfolio | 11.2k $73.2k | Unchanged |
| Mesirow Financial Investment Management, Inc. 0.00% of their portfolio | 10.3k $67.6k | Added +140 |
| WealthCare Investment Partners, LLC 0.02% of their portfolio | 10.0k $65.7k | Added +42 |
| TCTC Holdings, LLC 0.00% of their portfolio | 10.0k $65.5k | Unchanged |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 10.0k $65.4k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 10.0k $65.4k | Reduced -2.6k |
| Smallwood Wealth Investment Management, LLC 0.03% of their portfolio | 9.0k $58.9k | Unchanged |
| Gunpowder Capital Management, LLC dba Oliver Wealth Management 0.03% of their portfolio | 7.1k $46.4k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 7.0k $46.0k | Reduced -407 |
| DUNCKER STREETT & CO INC 0.01% of their portfolio | 7.0k $45.8k | Unchanged |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 5.8k $37.7k | Added +64 |
| Ascentis Wealth Management, LLC 0.00% of their portfolio | 2.7k $18.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.7k $18.0k | Reduced -1.4k |
| Towne Trust Company, N.A 0.01% of their portfolio | 2.7k $17.6k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 2.1k $14.0k | Unchanged |
| AdvisorNet Financial, Inc 0.00% of their portfolio | 2.1k $13.9k | Unchanged |
| IFG Advisory, LLC 0.00% of their portfolio | 1.8k $11.7k | New |
| Concord Wealth Partners 0.00% of their portfolio | 1.6k $10.2k | New |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1.5k $9.6k | Added +20 |
| Hilltop National Bank 0.00% of their portfolio | 1.4k $9.3k | Unchanged |
| Mascoma Wealth Management LLC 0.00% of their portfolio | 670 $4.4k | Unchanged |
| CDKV HOLDINGS LLC 0.00% of their portfolio | 661 $4.3k | Unchanged |
| Community Financial Services Group, LLC 0.00% of their portfolio | 570 $3.7k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 459 $3.0k | Unchanged |
| CoreCap Advisors, LLC 0.00% of their portfolio | 100 $654 | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $7 | Unchanged |