PMM (Putnam Managed Municipalome Trust) Net Margin %: 98.54% (As of Apr. 2026) — Near Median

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PMM Putnam Managed Municipal Income Trust PMM
51 GF Score
Price $6.24
GF Value $13.09
Valuation Possible Value Trap
! 5 Warning Signs
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What is Putnam Managed Municipalome Trust Net Margin %?

Putnam Managed Municipalome Trust PMM -0.48% 51 Net Margin % is 98.54% as of Apr. 2026, which is 1% above its 10-year median of 97.62. GuruFocus rates PMM with a GF Score™ of 51/100 and a GF Value™ of $13.09 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,575 Asset Management companies, Putnam Managed Municipalome Trust ranks better than 78.29% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Putnam Managed Municipalome Trust's Net Income for the six months ended in Apr. 2026 was $8.73 Mil. Putnam Managed Municipalome Trust's Revenue for the six months ended in Apr. 2026 was $8.86 Mil. Therefore, Putnam Managed Municipalome Trust's net margin for the quarter that ended in Apr. 2026 was 98.54%.

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

PMM' s Net Margin % Range Over the Past 10 Years
Min: 81.16   Med: 97.62   Max: 100.78
Current: 99.2


PMM's Net Margin % is ranked better than
78.29% of 1575 companies
in the Asset Management industry
Industry Median: 85.7 vs PMM: 99.20

Putnam Managed Municipalome Trust  (NYSE:PMM) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Putnam Managed Municipalome Trust Net Margin % Related Terms


Putnam Managed Municipalome Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for Putnam Managed Municipalome Trust's Net Margin % 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 Margin % Chart

Putnam Managed Municipalome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Margin %
Get a 7-Day Free Trial Premium Member Only 97.62 100.78 96.72 99.74 98.15

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 Margin % 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 99.70 99.85 102.05 99.51 98.54

PMM vs EOD, MIN, DBL: Net Margin % Comparison

For the Asset Management subindustry, Putnam Managed Municipalome Trust's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Asset Management Industry

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

* The bar in red indicates where Putnam Managed Municipalome Trust's Net Margin % falls into.


PMM
51GF Score
Putnam Managed Municipal Income Trust PMM
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Putnam Managed Municipalome Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=12.091/12.319
=98.15 %

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

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=8.733/8.862
=98.54 %

* 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 Margin % →
What does a Net Margin % of 98.54% mean?
Putnam Managed Municipalome Trust (PMM) has a Net Margin % of 98.54% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Putnam Managed Municipalome Trust and its competitors. This is near median its historical median of 97.62. Over the past decade, Putnam Managed Municipalome Trust's Net Margin % has ranged from 81.16 to 100.78. According to the industry distribution chart, Putnam Managed Municipalome Trust ranks #342 out of 1575 companies in the Asset Management industry, placing it in the top 21.7%.
Is Putnam Managed Municipalome Trust's Net Margin % too high?
Putnam Managed Municipalome Trust's current Net Margin % of 98.54% is near median its 10-year median of 97.62. Over the past 10 years, this metric has ranged from a low of 81.16 to a high of 100.78. The Asset Management industry median Net Margin % is 85.70. Putnam Managed Municipalome Trust's value of 98.54% is 15% above this industry median. Based on the distribution chart, Putnam Managed Municipalome Trust ranks #342 out of 1575 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Putnam Managed Municipalome Trust has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Putnam Managed Municipalome Trust's Net Margin % compare to EOD and MIN?
According to the Asset Management industry distribution chart, Putnam Managed Municipalome Trust ranks #342 out of 1575 companies for Net Margin %. This places Putnam Managed Municipalome Trust in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 85.70. Putnam Managed Municipalome Trust's value of 98.54% is 15% above this benchmark. Historically, Putnam Managed Municipalome Trust's own Net Margin % has ranged from 81.16 to 100.78 over the past decade. While the company's 10-year median is 97.62 vs. the industry median of 85.70, Putnam Managed Municipalome Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 85.70, based on 1,575 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Putnam Managed Municipalome Trust's current Net Margin % of 98.54% is 15% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Putnam Managed Municipalome Trust and its competitors. For the Asset Management industry, the median Net Margin % is 85.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Putnam Managed Municipalome Trust's current Net Margin % is 98.54%, which is near median its own 10-year median of 97.62. 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 $6.24 — trading 52.3% below its estimated fair value. The current Net Margin % is 98.54%, which is near median its 10-year median of 97.62 and 15% above the Asset Management industry median of 85.70. Putnam Managed Municipalome Trust's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Putnam Managed Municipalome Trust (PMM), the current Net Margin % is 98.54% 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 $6.24 is trading 52.3% 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 Margin %: 98.54% (near median its 10-year median of 97.62)
  • GF Value™: $13.09 vs. price of $6.24 (52.3% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 15% above the Asset Management median (#342 of 1575)

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.
51GF Score

Get the complete analysis for PMM

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

$6.24
Price
$13.09
GF Value