Media headlines about Putnam Managed Municipal Income Trust (NYSE:PMM) have trended somewhat positive on Thursday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Putnam Managed Municipal Income Trust earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.86 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
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About Putnam Managed Municipal Income Trust
Putnam Managed Municipal Income Trust (the Fund) is a diversified closed-end management investment fund. The Fund focuses to seek a high level of current income exempt from federal income tax. The Fund invests in a diversified portfolio of tax-exempt municipal securities. Up to 60% of the Fund’s assets may consist of high-yield tax-exempt municipal securities that are below investment grade and involve special risk considerations.
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