Overview Performance Dividends Correlations

2 Stock and 98 ETF PMM (Putnam Managed Municipal Income Trust.) alternatives

The most close PMM (Putnam Managed Municipal Income Trust.) alternative is ETF PMO (Putnam Municipal Opportunities Trust). The correlation is 0.9421.

Stocks that highly correlated with PMM

Symbol	Name	Market cap	Sector	Industry	Correlation
CMDB	Costamare Bulkers Holdings Ltd	$409M	Industrials	Marine Shipping	0.86
BON	Bon Natural Life Ltd	$4.72M	Basic Materials	Specialty Chemicals	0.85

ETFs that highly correlated with PMM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
PMO	Putnam Municipal Opportunities Trust	$310M	N/A	N/A	0.94
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.94
JMHI	JPMORGAN HIGH YIELD MUNICIPAL ETF	$271M	0.35%	Sep 17, 2007	0.90
XMPT	VANECK CEF MUNI INCOME ETF	$206M	1.97%	Jul 12, 2011	0.90
JMSI	JPMORGAN SUSTAINABLE MUNICIPAL INCOME ETF	$364M	0.18%	Feb 9, 1993	0.89
DFCA	DIMENSIONAL CALIFORNIA MUNICIPAL BOND ETF	$678M	0.19%	Jun 26, 2023	0.89
BSSX	Invesco BulletShares 2033 Municipal Bond ETF	$123M	0.18%	Sep 20, 2023	0.88
AFB	AllianceBernstein National Municipal Income Fund Inc	$345M	N/A	N/A	0.88
MHD	BlackRock MuniHoldings Fund Inc	$2.20B	N/A	N/A	0.88
MUC	BlackRock MuniHoldings California Quality Fund Inc	$1.50B	N/A	N/A	0.88
IQI	Invesco Quality Municipal Income Trust	$534M	N/A	N/A	0.88
MYI	BlackRock MuniYield Quality Fund III Inc	$1.40B	N/A	N/A	0.87
VGM	Invesco Trust for Investment Grade Municipals	$561M	N/A	N/A	0.87
NAD	Nuveen Quality Municipal Income Fund	$2.80B	N/A	N/A	0.87
EVN	Eaton Vance Municipal Income Trust	$429M	N/A	N/A	0.86
MFSM	MFS ACTIVE INTERMEDIATE MUNI BOND ETF	$93M	0.34%	Dec 4, 2024	0.86
NZF	Nuveen Municipal Credit Income Fund	$2.40B	N/A	N/A	0.86
MYN	BlackRock MuniYield New York Quality Fund Inc	$1B	N/A	N/A	0.86
VKQ	Invesco Municipal Trust	$556M	N/A	N/A	0.86
MFLX	FIRST TRUST FLEXIBLE MUNICIPAL HIGH INCOME ETF	$19M	0.75%	Sep 27, 2016	0.86
NXJ	Nuveen New Jersey Quality Municipal Income Fund	$512M	N/A	N/A	0.86
NAC	Nuveen California Quality Municipal Income Fund	$1.90B	N/A	N/A	0.85
NEA	Nuveen AMT-Free Quality Municipal Income Fund	$3.50B	N/A	N/A	0.85
IIM	Invesco Value Municipal Income Trust	$581M	N/A	N/A	0.85
GMNY	GOLDMAN SACHS DYNAMIC NEW YORK MUNICIPAL INCOME ETF	$36M	0.30%	Jul 23, 2024	0.85
NVG	Nuveen AMT-Free Municipal Credit Income Fund	$2.70B	N/A	N/A	0.84
NRK	Nuveen New York AMT-Free Quality Municipal Income Fund	$941M	N/A	N/A	0.84
APMU	ACTIVEPASSIVE INTERMEDIATE MUNICIPAL BOND ETF	$224M	0.35%	May 2, 2023	0.84
BSJV	Invesco BulletShares 2031 High Yield Corporate Bond ETF	$84M	0.42%	Sep 20, 2023	0.84
RTAI	RAREVIEW TAX ADVANTAGED INCOME ETF	$18M	4.59%	Oct 20, 2020	0.84
HMOP	HARTFORD MUNICIPAL OPPORTUNITIES ETF	$740M	0.29%	Dec 13, 2017	0.84
TAXF	AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF	$627M	0.27%	Sep 10, 2018	0.84
NAN	Nuveen New York Quality Municipal Income Fund	$367M	N/A	N/A	0.84
MQY	BlackRock MuniYield Quality Fund Inc	$1.90B	N/A	N/A	0.84
TAXM	BondBloxx ETF Trust IRM TaxAware ETF for Massachusetts Residents	$31M	0.35%	Mar 11, 2025	0.84
CXE	MFS High Income Municipal Trust	$130M	N/A	N/A	0.84
LEO	BNY Mellon Strategic Municipals Inc	$427M	N/A	N/A	0.84
IBMR	ISHARES IBONDS DEC 2029 TERM MUNI BOND ETF	$440M	0.18%	May 9, 2023	0.84
MFM	MFS Municipal Income Trust	$246M	N/A	N/A	0.84
SBI	Western Asset Intermediate Muni Fund Inc	$119M	N/A	N/A	0.84
MMD	MainStay MacKay DefinedTerm Municipal Opportunities Fund	$307M	N/A	N/A	0.84
FMB	FIRST TRUST MANAGED MUNICIPAL ETF	$2B	0.39%	May 13, 2014	0.84
GCAL	GOLDMAN SACHS DYNAMIC CALIFORNIA MUNICIPAL INCOME ETF	$165M	0.30%	Jul 23, 2024	0.84
IBHJ	ISHARES IBONDS 2030 TERM HIGH YIELD AND INCOME ETF	$133M	0.35%	Jun 21, 2023	0.84
IBDY	ISHARES IBONDS DEC 2033 TERM CORPORATE ETF	$1.10B	0.10%	Jun 21, 2023	0.84
BSMR	INVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF	$337M	0.18%	Sep 25, 2019	0.83
VTN	Invesco Trust For Investment Grade New York Municipals	$159M	N/A	N/A	0.83
BSMQ	INVESCO BULLETSHARES 2026 MUNICIPAL BOND ETF	$304M	0.18%	Sep 25, 2019	0.83
FSMB	FIRST TRUST SHORT DURATION MANAGED MUNICIPAL ETF	$599M	0.34%	Nov 1, 2018	0.83
EIM	Eaton Vance Municipal Bond Fund	$543M	N/A	N/A	0.83
MUST	COLUMBIA MULTI-SECTOR MUNICIPAL INCOME ETF	$594M	0.23%	Oct 10, 2018	0.83
MMU	Western Asset Managed Municipals Fund Inc	$598M	N/A	N/A	0.83
MUJ	BlackRock MuniHoldings New Jersey Quality Fund Inc	$669M	N/A	N/A	0.83
JMUB	JPMorgan Municipal ETF	$7.50B	0.18%	Oct 29, 2018	0.83
FCAL	FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF	$205M	0.49%	Jun 20, 2017	0.83
VKI	Invesco Advantage Municipal Income Trust II	$397M	N/A	N/A	0.83
BSCX	Invesco BulletShares 2033 Corporate Bond ETF	$958M	0.10%	Sep 20, 2023	0.83
CATF	AMERICAN CENTURY CALIFORNIA MUNICIPAL BOND ETF	$75M	0.27%	Jul 16, 2024	0.83
MYMH	SPDR SSGA My2028 Municipal Bond ETF	$8.60M	0.20%	Sep 23, 2024	0.83
FLMI	FRANKLIN DYNAMIC MUNICIPAL BOND ETF	$2B	0.30%	Aug 31, 2017	0.83
TAXE	T. ROWE PRICE INTERMEDIATE MUNICIPAL INCOME ETF	$157M	0.24%	Jul 9, 2024	0.82
PYLD	PIMCO Multisector Bond Active Exchange-Traded Fund	$13B	0.64%	Jun 21, 2023	0.82
FMN	Federated Hermes Premier Municipal Income Fund	$97M	N/A	N/A	0.82
CGHM	CAPITAL GROUP MUNICIPAL HIGH-INCOME ETF SHARE CLASS	$2.90B	0.34%	Jun 25, 2024	0.82
OVM	OVERLAY SHARES MUNICIPAL BOND ETF	$36M	0.81%	Sep 30, 2019	0.82
HTAX	MACQUARIE NATIONAL HIGH-YIELD MUNICIPAL BOND ETF	$56M	0.49%	Mar 5, 2025	0.82
FIIG	FIRST TRUST INTERMEDIATE DURATION INVESTMENT GRADE CORPORATE ETF	$671M	0.49%	Aug 2, 2023	0.82
BSMT	INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF	$260M	0.18%	Sep 25, 2019	0.82
MUB	ISHARES NATIONAL MUNI BOND ETF	$44B	0.05%	Sep 7, 2007	0.82
VPV	Invesco Pennsylvania Value Municipal Income Trust	$193M	N/A	N/A	0.82
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND ETF SHARES	$46B	0.03%	Aug 21, 2015	0.82
NYF	ISHARES NEW YORK MUNI BOND ETF	$1.30B	0.09%	Oct 4, 2007	0.82
MBND	SPDR NUVEEN MUNICIPAL BOND ETF	$27M	0.40%	Feb 4, 2021	0.82
NBH	Neuberger Berman Municipal Fund Inc	$333M	N/A	N/A	0.82
FMHI	FIRST TRUST MUNICIPAL HIGH INCOME ETF	$950M	0.49%	Nov 1, 2017	0.82
MLN	VANECK LONG MUNI ETF	$701M	0.24%	Jan 2, 2008	0.82
WABF	Western Asset Bond ETF	$16M	0.35%	Sep 19, 2023	0.82
MUA	BlackRock Muniassets Fund Inc	$564M	N/A	N/A	0.82
CEV	Eaton Vance California Municipal Income Trust	$78M	N/A	N/A	0.82
TXXI	BondBloxx ETF Trust IRM TaxAware Intermediate Duration	$29M	0.35%	Mar 11, 2025	0.82
ITM	VANECK INTERMEDIATE MUNI ETF	$2.20B	0.18%	Dec 4, 2007	0.82
MUNI	PIMCO INTERMEDIATE MUNICIPAL BOND ACTIVE EXCHANGE-TRADED FUND	$2.90B	0.35%	Nov 30, 2009	0.82
HYMB	SPDR(R) NUVEEN BLOOMBERG HIGH YIELD MUNICIPAL BOND ETF	$2.90B	0.35%	Apr 13, 2011	0.82
DSM	BNY Mellon Strategic Municipal Bond Fund Inc	$321M	N/A	N/A	0.82
PZT	INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF	$130M	0.28%	Oct 11, 2007	0.82
RVNU	XTRACKERS MUNICIPAL INFRASTRUCTURE REVENUE BOND ETF	$136M	0.15%	Jun 4, 2013	0.81
MSTI	MADISON SHORT-TERM STRATEGIC INCOME ETF	$51M	0.36%	Sep 5, 2023	0.81
NUMI	Nuveen Municipal Income ETF	$80M	0.29%	Jan 22, 2025	0.81
BINC	BlackRock Flexible Income ETF	$17B	0.40%	May 19, 2023	0.81
KTF	DWS Municipal Income Trust	$360M	N/A	N/A	0.81
BTT	BlackRock Municipal 2030 Target Term Trust	$1.60B	N/A	N/A	0.81
CXH	MFS Investment Grade Municipal Trust	$70M	N/A	N/A	0.81
NBB	Nuveen Taxable Municipal Income Fund	$474M	N/A	N/A	0.81
USFI	BrandywineGLOBAL - U.S. Fixed Income ETF	$9.80M	0.39%	Jul 25, 2023	0.81
MMIT	NYLI MACKAY MUNI INTERMEDIATE ETF	$1.60B	0.30%	Oct 18, 2017	0.81
NQP	Nuveen Pennsylvania Quality Municipal Income Fund	$447M	N/A	N/A	0.81
EVIM	EATON VANCE INTERMEDIATE MUNICIPAL INCOME ETF	$209M	0.11%	Oct 16, 2023	0.81
PZA	INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF	$4B	0.28%	Oct 11, 2007	0.81