Jonathan Horwitz - Putnam Managed President

PMM Stock  USD 6.49  0.05  0.76%   

President

Mr. Jonathan S. Horwitz Principal Executive Officer, Executive Vice President and Compliance Liaison of the Company. Mr. Horwitz was Senior Vice President and Treasurer of The Putnam Funds and Managing Director at Putnam Investments. since 2013.
Age 65
Tenure 11 years
Address 100 Federal Street, Boston, MA, United States, 02110
Phone617-292-1000
Webhttps://www.putnam.com/individual/mutual-funds/clo

Putnam Managed Management Efficiency

The company has Return on Asset of 0.024 % which means that on every $100 spent on assets, it made $0.024 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0483 %, implying that it generated $0.0483 on every 100 dollars invested. Putnam Managed's management efficiency ratios could be used to measure how well Putnam Managed manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of September 2024, Return On Tangible Assets is likely to drop to 0.03. In addition to that, Return On Capital Employed is likely to drop to 0.02. At this time, Putnam Managed's Total Assets are very stable compared to the past year. As of the 24th of September 2024, Net Tangible Assets is likely to grow to about 346.9 M, while Other Assets are likely to drop about 28.4 K.
Putnam Managed Municipal has 21.14 M in debt with debt to equity (D/E) ratio of 0.12, which may show that the company is not taking advantage of profits from borrowing. Putnam Managed Municipal has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Putnam to invest in growth at high rates of return.

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Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. Putnam Managed Municipal Income Trust was formed on February 24, 1989 and is domiciled in the United States. Putnam Managed operates under Asset Management classification in the United States and is traded on New York Stock Exchange. Putnam Managed Municipal (PMM) is traded on New York Stock Exchange in USA. It is located in 100 Federal Street, Boston, MA, United States, 02110 and employs 26 people. Putnam Managed is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Putnam Managed Municipal Leadership Team

Elected by the shareholders, the Putnam Managed's board of directors comprises two types of representatives: Putnam Managed inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Putnam. The board's role is to monitor Putnam Managed's management team and ensure that shareholders' interests are well served. Putnam Managed's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Putnam Managed's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Reynolds, President, Interested Trustee and Member of Investment Oversight Committee A
CFA CFA, Portfolio Manager
Susan McCormack, Senior Manager
Michael Higgins, Vice President Treasurer, Clerk
Robert Patterson, Independent Trustee
Janet Smith, Principal Financial Officer, Principal Accounting Officer, Vice President, Assistant Treasurer
George Putnam, Independent Trustee
Mark Trenchard, Vice President , BSA Compliance Officer
Manoj Singh, Independent Trustee
Richard Kircher, Vice President BSA Compliance Officer
Thalia CFA, Portfolio Manager
Katinka Domotorffy, Independent Trustee
Robert Burns, Vice President Chief Legal Officer
Susan Malloy, Vice President Assistant Treasurer
Kenneth Leibler, Chairman of the Board of the Trustee
Joshua Brooks, Portfolio Manager
Nancy Florek, Vice President Director - Proxy Voting and Corporate Governance, Assistant Clerk, and Associate Treasurer
Barbara Baumann, Independent Trustee
James Clark, Chief Compliance Officer, Vice President
Catharine Hill, Independent Trustee
Jonathan Horwitz, Principal Executive Officer, Executive Vice President and Compliance Liaison
Paul Joskow, Independent Trustee
Liaquat Ahamed, Independent Trustee
Ravi Akhoury, Independent Trustee
Mona Sutphen, Independent Trustee
Denere Poulack, Assistant Vice President Assistant Treasurer, Assistant Clerk

Putnam Stock Performance Indicators

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Additional Information and Resources on Investing in Putnam Stock

When determining whether Putnam Managed Municipal is a strong investment it is important to analyze Putnam Managed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Putnam Managed's future performance. For an informed investment choice regarding Putnam Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Managed Municipal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Managed. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Managed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.251
Dividend Share
0.286
Earnings Share
0.58
Revenue Per Share
0.422
Quarterly Revenue Growth
(0)
The market value of Putnam Managed Municipal is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Managed's value that differs from its market value or its book value, called intrinsic value, which is Putnam Managed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Managed's market value can be influenced by many factors that don't directly affect Putnam Managed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Managed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.