Performance analysis of PMM (Putnam Managed Municipal Income Trust.)
Annual Return
Over the past 3 years, PMM has had an average annual return of +7.03%, underperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, PMM has had an average annual return of -1.17%, underperforming the benchmark SPY, which returned +14.05% annual.
Over the past 10 years, PMM has had an average annual return of +2.74%, underperforming the benchmark SPY, which returned +15.53% annual.
Since Nov 1, 1999, PMM has had an average annual return of +4.12%, underperforming the benchmark SPY, which returned +8.59% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.68% | +10.50% | +2.85% | +1.90% | -24.11% | +13.72% | +6.32% | +25.03% | -4.49% | +10.56% | +1.63% | +7.83% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +16.36% | -12.16% | +14.36% | +16.21% | +11.69% | +42.07% | -22.69% | -4.06% | +13.84% | +5.43% | +4.48% | +7.28% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| -0.08% | +6.17% | +1.01% | -18.75% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.21% | +3.97% | -4.23% | +0.59% | +2.22% | -0.48% | +1.68% | ||||||
| 2025 | +4.59% | +1.83% | -2.48% | -2.71% | -0.06% | +1.64% | -2.24% | +1.14% | +3.52% | +1.44% | +0.76% | +2.89% | +10.50% |
| 2024 | +3.20% | -1.38% | -2.06% | -1.94% | +2.97% | +3.73% | +2% | +0.85% | +3.22% | -3.17% | +2.78% | -6.79% | +2.85% |
| 2023 | +10.05% | -1.28% | -8.88% | -0.91% | -4.07% | +5.78% | -0.44% | -4.08% | -4.79% | -5.60% | +11.74% | +6.72% | +1.90% |
| 2022 | -14.01% | -1.42% | -3.64% | -8.47% | +7.83% | -3.71% | +4.25% | -5.52% | -12.23% | +2.51% | +16.21% | -5.07% | -24.11% |
| 2021 | +1.76% | +0.03% | +0.40% | +1.73% | +2.57% | +4.29% | -1.57% | +0.37% | -2.67% | -0.71% | +4.87% | +2.11% | +13.72% |
| 2020 | +2.40% | -1.96% | -9.06% | -6.79% | +10.24% | +0.42% | +6.44% | +1.19% | -1.76% | +0.16% | +4.35% | +2.05% | +6.32% |
| 2019 | +6.13% | +3.26% | +2.91% | +0.29% | +0.97% | +2.03% | +4.23% | +2.56% | -2.82% | +2.20% | +1.29% | -0.22% | +25.03% |
| 2018 | -4.17% | +1.44% | +0.45% | -0.25% | +0.73% | -0.01% | -0.02% | +1.83% | -2.82% | -2.62% | +4.32% | -3.13% | -4.49% |
| 2017 | +4.30% | +0.73% | -0.89% | +2.25% | +2.36% | +0.17% | +1.92% | +0.18% | -0.08% | -1.30% | -0.12% | +0.70% | +10.56% |
Drawdown analysis of PMM (Putnam Managed Municipal Income Trust.)
The maximum drawdown for the PMM was -38.66%, occurring on Dec 12, 2008. Recovery took 204 trading sessions.
The current PMM drawdown is -11.85%.
Since Nov 1, 1999 PMM has experienced the following drawdowns:
- 30% or more: 2 times
- 20% or more: 5 times
- 10% or more: 9 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.66% | May 15, 2007 | 400 | Dec 12, 2008 | 204 | Oct 6, 2009 | 604 |
| -37.70% | Dec 23, 2021 | 461 | Oct 25, 2023 | Ongoing | Ongoing | Ongoing |
| -29.07% | Feb 25, 2020 | 19 | Mar 23, 2020 | 197 | Dec 31, 2020 | 216 |
| -23.55% | Aug 23, 2000 | 79 | Dec 14, 2000 | 1112 | May 23, 2005 | 1191 |
| -22.10% | Jan 25, 2013 | 160 | Sep 13, 2013 | 531 | Oct 22, 2015 | 691 |
| -19.37% | Nov 1, 1999 | 36 | Dec 22, 1999 | 165 | Aug 17, 2000 | 201 |
| -15.51% | Oct 19, 2010 | 39 | Dec 14, 2010 | 152 | Jul 22, 2011 | 191 |
| -12.72% | Sep 28, 2016 | 33 | Nov 14, 2016 | 208 | Sep 13, 2017 | 241 |
| -10.43% | Aug 25, 2005 | 56 | Nov 14, 2005 | 188 | Aug 15, 2006 | 244 |
| -9.63% | Sep 15, 2017 | 286 | Nov 2, 2018 | 65 | Feb 8, 2019 | 351 |
| -8.11% | Mar 8, 2012 | 6 | Mar 16, 2012 | 41 | May 15, 2012 | 47 |
| -8.08% | Jul 22, 2011 | 11 | Aug 8, 2011 | 10 | Aug 22, 2011 | 21 |
| -7.15% | Oct 3, 2012 | 29 | Nov 15, 2012 | 35 | Jan 8, 2013 | 64 |
| -6.40% | Jun 25, 2021 | 87 | Oct 28, 2021 | 15 | Nov 18, 2021 | 102 |
| -6.36% | Oct 6, 2009 | 33 | Nov 20, 2009 | 37 | Jan 15, 2010 | 70 |
| -6.06% | Jul 1, 2016 | 8 | Jul 14, 2016 | 27 | Aug 22, 2016 | 35 |
| -5.68% | Nov 25, 2011 | 13 | Dec 14, 2011 | 26 | Jan 24, 2012 | 39 |
| -5.21% | Feb 10, 2021 | 25 | Mar 18, 2021 | 14 | Apr 8, 2021 | 39 |
| -5.19% | Sep 4, 2019 | 7 | Sep 13, 2019 | 54 | Nov 29, 2019 | 61 |
| -3.85% | May 7, 2021 | 7 | May 18, 2021 | 10 | Jun 2, 2021 | 17 |
| -3.76% | Nov 18, 2021 | 11 | Dec 6, 2021 | 8 | Dec 16, 2021 | 19 |
| -3.40% | Oct 4, 2006 | 7 | Oct 13, 2006 | 13 | Nov 1, 2006 | 20 |
| -3.16% | May 11, 2016 | 6 | May 19, 2016 | 9 | Jun 2, 2016 | 15 |
| -2.98% | Aug 22, 2016 | 14 | Sep 12, 2016 | 11 | Sep 27, 2016 | 25 |
| -2.91% | Aug 20, 2010 | 17 | Sep 15, 2010 | 24 | Oct 19, 2010 | 41 |