Putnam Managed Municipal Income Closed Fund (PMM) — Cash Flow Quality Index
Putnam Managed Municipal Income Closed Fund (PMM) has a Cash Flow Quality Index of 0.34x as of April 2023. Operating cash flow of $14.06 Million is below net income of $41.01 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Putnam Managed Municipal Income Closed F cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Putnam Managed Municipal Income Closed Fund Cash Flow Quality Index (2006–2021)
Historical Cash Flow Quality Index for Putnam Managed Municipal Income Closed Fund across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Putnam Managed Municipal Income Closed F (PMM) cash conversion ratio.
Annual Cash Flow Quality Index for Putnam Managed Municipal Income Closed Fund (2006–2021)
Year-by-year earnings quality comparison for Putnam Managed Municipal Income Closed Fund.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | 0.80x | $26.22 Million | $32.82 Million | ▼ -76.6% |
| 2020 | 3.42x | $26.22 Million | $7.68 Million | ▲ +499.4% |
| 2019 | 0.57x | $26.22 Million | $46.01 Million | — |
| 2018 | 0.00x | $0.00 | $2.91 Million | — |
| 2017 | 0.00x | $0.00 | $11.77 Million | — |
| 2016 | 0.00x | $0.00 | $31.16 Million | — |
| 2015 | 0.00x | $0.00 | $24.24 Million | ▼ -100.0% |
| 2007 | 1.00x | $9.29 Million | $9.29 Million | ▲ +0.0% |
| 2006 | 1.00x | $30.09 Million | $30.09 Million | — |