Putnam Managed Muni Income Common

To seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-emempt municipal securities. Up to 60% of the funds assets mau consist of high-yield tax-exempt municipal securities that are below investment grade. The Fund will also use leverage through the issuance of preferred shares.

Key stats

Management firm  Putnam
Domicile  United States
Global Branding Name  Putnam
12 month yield  5.74%
Fund currency  USD
Launch Date  1989-02-24
ISIN  US7468231037
SEDOL  2709651
Manager 1 Name  Paul Drury
Manager 2 Name  Susan McCormack
Fund Strategy  High Yield Muni
Benchmark  Barclays Municipal TR USD
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  1.50%
Return - 2 Months  1.85 %
Return - 3 Months  2.09%
Return - 6 Months  7.22 %
Return - 9 months  12.21 %
Return - 12 Months  16.24%
Annualized return 24 months  4.79 %
Annualized return 36 months  8.79 %
Annualized return 48 months  7.41 %
Annualized return 60 months  10.01 %
Return 120 months  5.92 %
Annualized return since Inception  6.63%
Return YTD  12.53%

Ratings

Morning Star Rating Date   2014-08-31
Morning Star Rating - 36 Months  fund has a 1 star rating
Morning Star Rating - 60 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 120 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Maximum Managment Charge  0.55 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact name  Lauren Fitzgerald
Contact Address  One Post Office Square
Contact city  Boston
Contact country  United States
Fund Admin Group  Putnam
Web Address  www.putnam.com
Custodian  Putnam Fidicuary Trust Company
Phone  (617) 292-1000

Price

Last Price Date  2014-09-26
Pre-tax nav  7.02
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.02
Price change (percentage)  0.29 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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