PMM (Putnam Managed Municipalome Trust) Net Cash per Share: $-0.52 (As of Apr. 2026)

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PMM Putnam Managed Municipal Income Trust PMM
50 GF Score
Price $5.92
GF Value $13.09
Valuation Possible Value Trap
! 5 Warning Signs
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What is Putnam Managed Municipalome Trust Net Cash per Share?

Putnam Managed Municipalome Trust PMM -1.82% 50 Net Cash per Share is $-0.52 as of Apr. 2026. GuruFocus rates PMM with a GF Score™ of 50/100 and a GF Value™ of $13.09 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 444 Asset Management companies, Putnam Managed Municipalome Trust ranks worse than 225225% on this metric.

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Putnam Managed Municipalome Trust's Net Cash per Share for the quarter that ended in Apr. 2026 was $-0.52.

The historical rank and industry rank for Putnam Managed Municipalome Trust's Net Cash per Share or its related term are showing as below:

PMM's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.87
* Ranked among companies with meaningful Price-to-Net-Cash only.

Putnam Managed Municipalome Trust  (NYSE:PMM) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Putnam Managed Municipalome Trust Net Cash per Share Related Terms


Putnam Managed Municipalome Trust Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Putnam Managed Municipalome Trust's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Putnam Managed Municipalome Trust Net Cash per Share Chart

Putnam Managed Municipalome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only -1.09 -0.80 -0.81 -0.37 -0.45

Putnam Managed Municipalome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.35 -0.37 -0.31 -0.45 -0.52

PMM vs KF, EOT, NSLR: Net Cash per Share Comparison

For the Asset Management subindustry, Putnam Managed Municipalome Trust's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Putnam Managed Municipalome Trust Price-to-Net-Cash vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Putnam Managed Municipalome Trust's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Putnam Managed Municipalome Trust's Price-to-Net-Cash falls into.


PMM
50GF Score
Putnam Managed Municipal Income Trust PMM
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Putnam Managed Municipalome Trust Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Putnam Managed Municipalome Trust's Net Cash per Share for the fiscal year that ended in Oct. 2025 is calculated as

Putnam Managed Municipalome Trust's Net Cash per Share for the quarter that ended in Apr. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.52 mean?
Putnam Managed Municipalome Trust (PMM) has a Net Cash per Share of $-0.52 as of Apr. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Putnam Managed Municipalome Trust and its competitors. According to the industry distribution chart, Putnam Managed Municipalome Trust ranks #999999 out of 444 companies in the Asset Management industry.
Is Putnam Managed Municipalome Trust's Net Cash per Share too high?
Putnam Managed Municipalome Trust's current Net Cash per Share is $-0.52. Based on the distribution chart, Putnam Managed Municipalome Trust ranks #999999 out of 444 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Putnam Managed Municipalome Trust has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Putnam Managed Municipalome Trust's Net Cash per Share compare to KF and EOT?
According to the Asset Management industry distribution chart, Putnam Managed Municipalome Trust ranks #999999 out of 444 companies for Net Cash per Share. This places Putnam Managed Municipalome Trust in the lower half of its industry. The industry median Net Cash per Share is 6.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Asset Management company?
The median Net Cash per Share among Asset Management companies is 6.87, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Putnam Managed Municipalome Trust and its competitors. For the Asset Management industry, the median Net Cash per Share is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Putnam Managed Municipalome Trust's current Net Cash per Share is $-0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Putnam Managed Municipalome Trust stock overvalued right now?
Based on GuruFocus' analysis, Putnam Managed Municipalome Trust (PMM) is currently considered Possible Value Trap. The stock's GF Value™ is $13.09, compared to a current price of $5.92 — trading 54.8% below its estimated fair value. The current Net Cash per Share is $-0.52. Putnam Managed Municipalome Trust's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Putnam Managed Municipalome Trust (PMM), the current Net Cash per Share is $-0.52 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Putnam Managed Municipalome Trust (PMM) Overvalued in 2026?

Based on GuruFocus' analysis, Putnam Managed Municipalome Trust stock appears to be undervalued. The current stock price of $5.92 is trading 54.8% below its estimated GF Value™ of $13.09. GuruFocus considers Putnam Managed Municipalome Trust to be Possible Value Trap.

Key valuation signals for PMM:

  • Net Cash per Share: $-0.52
  • GF Value™: $13.09 vs. price of $5.92 (54.8% below fair value)
  • GF Score™: 50/100 with 5 warning signs

No single metric tells the full story. See the PMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Putnam Managed Municipalome Trust Business Description

Address 100 Federal Street, Boston, MA, USA, 02110
Putnam Managed Municipal Income Trust is a closed-end management investment company. Its investment objective is to seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-exempt municipal securities. The Fund invests in various sectors such as healthcare, retirement community, private higher education, housing-backed, essential service utilities, and state-backed bonds.
50GF Score

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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.92
Price
$13.09
GF Value