Putnam Managed Municipal Income Closed Fund (PMM) — Defensive Interval Ratio
Putnam Managed Municipal Income Closed Fund (PMM) has a Defensive Interval Ratio of 707 days as of October 2025. Defensive assets of $6.27 Million (cash $-, short-term investments $110.15K, receivables $6.16 Million) cover 707 days of daily cash needs of $8.86K/day. Check Putnam Managed Municipal Income Closed F (PMM) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Putnam Managed Municipal Income Closed Fund Defensive Interval Ratio (2006–2025)
This chart shows how Putnam Managed Municipal Income Closed Fund's Defensive Interval Ratio has evolved across 15 annual periods from 2006 to 2025. As of October 2025, the ratio stands at 707 days, meaning defensive assets of $6.27 Million can fund 707 days of operations without new revenue. Also explore PMM net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Putnam Managed Municipal Income Closed Fund (2006–2025)
The table below presents the year-by-year Defensive Interval Ratio for Putnam Managed Municipal Income Closed Fund from 2006 to 2025, covering 15 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see PMM stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 707 days | $6.27 Million | $8.86K/day | $- | $110.15K | ▼ -200 days |
| 2024 | 907 days | $9.84 Million | $10.84K/day | $- | $3.76 Million | ▲ +745 days |
| 2023 | 162 days | $24.24 Million | $149.30K/day | $- | $4.28 Million | ▼ -1103 days |
| 2022 | 1266 days | $6.47 Million | $5.11K/day | $- | $229.49K | ▼ -221 days |
| 2021 | 1486 days | $6.78 Million | $4.56K/day | $- | $118.44K | ▲ +263 days |
| 2020 | 1224 days | $7.11 Million | $5.81K/day | $- | $21.31K | ▲ +918 days |
| 2019 | 306 days | $8.23 Million | $26.93K/day | $- | $531.63K | ▼ -859 days |
| 2018 | 1165 days | $7.79 Million | $6.68K/day | $- | $0.00 | ▲ +103 days |
| 2017 | 1062 days | $8.26 Million | $7.78K/day | $- | $0.00 | ▲ +725 days |
| 2016 | 337 days | $10.81 Million | $32.05K/day | $- | $0.00 | ▼ -921 days |
| 2015 | 1258 days | $10.69 Million | $8.50K/day | $- | $0.00 | ▲ +723 days |
| 2014 | 534 days | $9.12 Million | $17.07K/day | $- | $- | ▼ -462 days |
| 2013 | 997 days | $9.59 Million | $9.62K/day | $- | $- | ▲ +2 days |
| 2012 | 995 days | $10.35 Million | $10.40K/day | $- | $- | ▲ +637 days |
| 2006 | 358 days | $9.86 Million | $27.58K/day | $- | $- | — |