A director at Putnam Managed Municipal Income Trust bought 7,992 shares at 6.071USD and the significance rating of the trade was 47/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the ...
BOSTON--(BUSINESS WIRE)-- Putnam Investments and the Board of Trustees of the Putnam Funds announced today the expiration and final results of their previously announced issuer tender offers for up to 100% of the outstanding preferred shares (“ARPS”) of Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO) (each, a “Fund” and, together, the “Funds”). Each Fund’s tender offer expired at one minute after 11:59 p.m., New York City time on August 9, 2017. All ARPS that were validly tendered...
BOSTON--(BUSINESS WIRE)-- Putnam Investments and the Board of Trustees of the Putnam Funds announced today the extension of their previously announced issuer tender offers for up to 100% of the outstanding preferred shares (“ARPS”) of Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO) (each, a “Fund” and, together, the “Funds”) until one minute after 11:59 p.m., New York City time on August 9, 2017, unless further extended or terminated. The issuer tender offers were previou...
BOSTON--(BUSINESS WIRE)-- Putnam Investments and the Board of Trustees of the Putnam Funds announced today approval in principle for a tender offer by Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO) to purchase up to 100% of the outstanding preferred shares (ARPS) of each Fund for cash at a price per share equal to 89.75% of liquidation preference of each series of ARPS. Each tender offer is subject to final approval by the Board of Trustees of each Fund and certain other conditio...
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