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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/19/2024 |
$5.89 |
$5.93 |
$5.87 |
$5.90 |
120.90K | | 04/22/2024 |
$5.93 |
$5.93 |
$5.88 |
$5.88 |
42.20K | | 04/23/2024 |
$5.86 |
$5.92 |
$5.86 |
$5.90 |
69.80K | | 04/24/2024 |
$5.87 |
$5.91 |
$5.87 |
$5.88 |
81.40K | | 04/25/2024 |
$5.86 |
$5.87 |
$5.83 |
$5.84 |
28.00K |
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| Putnam Managed Municipal Income Trust is a closed-end management investment company. The Fund's investment objective is to seek a high level of current income exempt from federal income tax. The Fund invests in a portfolio of tax-exempt municipal securities. | |
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Putnam Managed Municipal Income Trust (PMM) has the following price history information. Looking back at PMM historical stock prices for the last five trading days, on April 19, 2024, PMM opened at $5.89, traded as high as $5.93 and as low as $5.87, and closed at $5.90. Trading volume was a total of 120.90K shares. On April 22, 2024, PMM opened at $5.93, traded as high as $5.93 and as low as $5.88, and closed at $5.88. Trading volume was a total of 42.20K shares. On April 23, 2024, PMM opened at $5.86, traded as high as $5.92 and as low as $5.86, and closed at $5.90. Trading volume was a total of 69.80K shares. On April 24, 2024, PMM opened at $5.87, traded as high as $5.91 and as low as $5.87, and closed at $5.88. Trading volume was a total of 81.40K shares. On April 25, 2024, PMM opened at $5.86, traded as high as $5.87 and as low as $5.83, and closed at $5.84. Trading volume was a total of 28.00K shares.
PMM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Putnam Managed Municipal Income Trust shares, starting with a $10,000 purchase of PMM, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/29/2014 |
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| End date: |
04/25/2024 |
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| Start price/share: |
$7.10 |
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| End price/share: |
$5.84 |
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| Starting shares: |
1,408.45 |
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| Ending shares: |
2,415.72 |
|
| Dividends reinvested/share: |
$3.90 |
|
| Total return: |
41.08% |
|
| Average Annual Total Return: |
3.50% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$14,104.66 |
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| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/29/2014 |
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| End date: |
04/25/2024 |
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| Start price/share: |
$7.10 |
|
| End price/share: |
$5.84 |
|
| Dividends collected/share: |
$3.90 |
|
| Total return: |
37.11% |
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| Average Annual Total Return: |
3.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$13,714.51 |
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| Years: |
10.00 |
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|
| Date |
Close |
| 04/19/2024 | $5.90 | | 04/22/2024 | $5.88 | | 04/23/2024 | $5.90 | | 04/24/2024 | $5.88 | | 04/25/2024 | $5.84 |
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