PMM — FRANKLIN MANAGED MUNICIPAL INCOME TRUST

US equity
6.27 -0.16% today
USD · as of 2026-08-21

Price · 2024-08-26 → 2026-08-21

499 daily closes shown
52w low 5.79 · high 6.60

Anonymous view is capped at two years of history. A free account extends it to five, and Pro opens the whole archive back to 2016-01-04.

Performance

1 day-0.16%
1 week-0.79%
1 month-2.94%
3 months+1.79%
6 months-0.48%
Year to date+1.13%
1 year+8.29%
3 years+8.48%
5 years-26.92%

Technicals

RSI 1457.1
vs 50-day avg-1.89%
vs 200-day avg+0.18%
Volatility 1y11.0%
Max drawdown 1y-8.60%
Avg volume 30d93.0K
Daily bars held2,674
History from2016-01-04

Dividends

Yield (trailing 12m)6.96%
Paid last 12m0.4365
Payments in 12m15
Paying since2016-01-20

Measured signals that fired on PMM

datesignal measured base rate
2026-07-10Short volume far above its own normal
short
-0.76% over 21 days · t = -2.79 · n = 5,897
statistically distinguishable from its control group

Excess return against a matched control group, on a point-in-time universe that includes delisted companies. Most families do not survive that. How the measurement works →

Insider transactions (Form 4)

dateinsiderwhatshares pricevalue
2026-07-17BANK OF AMERICA CORP /DE/
10% owner
Open-market purchase4376.542.9K
2026-07-17MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
10% owner
Open-market purchase4376.542.9K
2026-07-16MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
10% owner
Open-market sale4376.542.9K
2026-07-16BANK OF AMERICA CORP /DE/
10% owner
Open-market sale4376.542.9K
2025-01-10MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
Open-market purchase16.6K6.0299.8K
2025-01-10BANK OF AMERICA CORP /DE/
Open-market purchase16.6K6.0299.8K
2025-01-10MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
Open-market sale2.7K6.0016.2K
2025-01-10BANK OF AMERICA CORP /DE/
Open-market sale2.7K6.0016.2K
2025-01-10BANK OF AMERICA CORP /DE/
Open-market sale2.6K6.0015.9K
2025-01-10MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
Open-market sale2.6K6.0015.9K

Open-market purchases (code P) are the informative ones. Grants, option exercises and tax withholding are compensation mechanics, not decisions. How to read a Form 4 →

Largest institutional holders

managervalueshares
Hennion & Walsh Asset Management, Inc.7.5M1.2M
WELLS FARGO & COMPANY/MN6.6M1.1M
RAYMOND JAMES FINANCIAL INC6.3M1.0M
GUGGENHEIM CAPITAL LLC5.8M945.7K
Advisors Asset Management, Inc.5.2M844.8K
MORGAN STANLEY4.4M718.7K
Invesco Ltd.2.4M396.2K
AMERIPRISE FINANCIAL INC2.1M338.7K
ROBINSON CAPITAL MANAGEMENT, LLC1.9M314.9K
LPL Financial LLC1.4M227.1K

13F positions as of 2026-03-31, filed up to 45 days after quarter end. Long-only US equity — shorts and derivatives never appear. What 13F does and does not show →

Short selling

Avg short volume, 90d40.6% of tape
Days observed61

This is off-exchange short volume, not short interest: it is flow, not position, and 40–50% is normal because market makers short to fill your buy. Why that number misleads →

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