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Franklin Managed Municipal Income Trust is projected to rise to $8.12 by 2027, a +30% move from its current price of $6.24. PMM is currently trading below its 50-day average (a bearish sign). Technical indicators currently lean strong sell.
A data-driven summary — not financial advice. See the full breakdown below.
Live market data via Yahoo Finance · updated 8/2/2026
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Aug 3 | $6.21 | $6.24 | $6.28 | +0.05% |
| Aug 4 | $6.20 | $6.25 | $6.29 | +0.10% |
| Aug 5 | $6.19 | $6.25 | $6.31 | +0.15% |
| Aug 6 | $6.19 | $6.25 | $6.32 | +0.21% |
| Aug 7 | $6.18 | $6.26 | $6.33 | +0.26% |
| Aug 8 | $6.18 | $6.26 | $6.34 | +0.31% |
| Aug 9 | $6.17 | $6.26 | $6.35 | +0.36% |
| Period | Min | Prediction | Max | Change |
|---|---|---|---|---|
| Week 1 | $6.17 | $6.26 | $6.35 | +0.36% |
| Week 2 | $6.16 | $6.29 | $6.41 | +0.72% |
| Week 3 | $6.16 | $6.31 | $6.46 | +1.09% |
| Week 4 | $6.15 | $6.33 | $6.51 | +1.45% |
| Week 5 | $6.16 | $6.35 | $6.56 | +1.82% |
| Week 6 | $6.16 | $6.38 | $6.60 | +2.19% |
| Week 7 | $6.17 | $6.40 | $6.64 | +2.56% |
Short-term targets derived from the forecast trend and recent volatility. Highly uncertain — not financial advice.
Franklin Managed Municipal Income Trust (PMM) is a financial services asset traded under the symbol PMM. It is categorized in Financial Services. The current price is $6.46 and the market cap is $276.7M, with a rank of 3484. Forecast data accompany the asset, outlining a year-by-year price path and ROI through 2050.
Current price: $6.46. Market cap: $276.7M. Rank: 3484.
Forecasts project an upside path, with the 2026 average price of $6.46 and a 2026 range from $5.95 to $8.17 (ROI 0, sentiment NEUTRAL), rising to a 2027 average of $8.54 and a 2028 average of $9.62, and continuing to $11.90 by 2030.
By 2040 the average price reaches $28.84 with ROI 346.4 and bullish sentiment; by 2050 the average is $52.26 with ROI 708.9 and bullish sentiment.
Across years the forecast sentiment is bullish in most years, with 2026 Neutral.
A major floor 4.6% below — a decisive break under it would weaken the trend.
Price is testing support right now (0.0% away) — a key level to hold.
The nearest ceiling, 5.8% above — a clean break opens room to run.
A major ceiling 7.7% above — clearing it would confirm fresh momentum.
Key PMM support and resistance from recent price action — levels where the trend has historically paused or reversed. Percentages are the distance from the current price.
A snapshot of PMM market posture derived from its technical indicators and recent volatility. Higher trend and alignment lean bullish; higher risk means larger swings.
Technical Analysis
Indicators computed on daily closing prices.
| Period | SMA | Action | EMA | Action |
|---|---|---|---|---|
| MA 5 | $6.30 | Sell | $6.30 | Sell |
| MA 10 | $6.39 | Sell | $6.36 | Sell |
| MA 20 | $6.46 | Sell | $6.40 | Sell |
| MA 50 | $6.36 | Sell | $6.38 | Sell |
| MA 100 | $6.28 | Sell | $6.32 | Sell |
| MA 200 | $6.24 | Sell | $6.25 | Sell |
| Name | Value | Action |
|---|---|---|
| RSI (14) | 32.43 | Neutral |
| Stoch RSI (14) | 0.00 | Buy |
| CCI (20) | -174.83 | Sell |
| Williams %R (14) | -100.00 | Info |
| MACD (12,26,9) | -0.04 | Sell |
| ROC (12) | -5.02 | Sell |
| Bollinger %B (20,2) | -0.03 | Buy |
| Stochastic %K (14) | 0.00 | Buy |
| TRIX (15) | 0.04 | Buy |
| Awesome (5,34) | -0.13 | Sell |
| Ultimate (7,14,28) | 14.57 | Buy |
| Momentum (10) | -0.36 | Sell |
| Aroon Osc (25) | -40.00 | Sell |
| Hull MA (9) | 6.23 | Buy |
| ADX (14) | 23.30 | Sell |
| ATR (14) | 0.04 | Info |
The 30-day technical picture is bullish.
RSI14 is 50; SMA50 is $6.35; SMA200 is $6.24. Support is $6.27 and resistance is $6.60.
The 30-day price range runs from $6.23 to $6.70.
| Year | Min | Avg | Max | ROI | Sentiment |
|---|---|---|---|---|---|
| $5.95 | $6.24 | $7.84 | 0% | Neutral | |
| $6.66 | $8.12 | $10.35 | +30% | Bullish | |
| $7.42 | $9.23 | $12.08 | +48% | Bullish | |
| $8.17 | $10.31 | $13.79 | +65% | Bullish | |
| $8.82 | $11.28 | $15.36 | +81% | Bullish | |
| $8.76 | $11.34 | $15.69 | +82% | Bullish | |
| $9.48 | $12.42 | $17.43 | +99% | Bullish | |
| $11.02 | $14.59 | $20.74 | +134% | Bullish | |
| $12.76 | $17.05 | $24.53 | +173% | Bullish | |
| $13.67 | $18.45 | $26.84 | +196% | Bullish | |
| $19.24 | $27.08 | $41.29 | +334% | Bullish | |
| $32.28 | $48.73 | $79.65 | +681% | Bullish |
Current year — the forecast is anchored to the live price, so ROI shows 0%.
| Month | Min | Avg | Max | Change |
|---|---|---|---|---|
| August 2026 | $5.95 | $6.24 | $7.35 | +0.00% |
| September 2026 | $5.39 | $6.32 | $7.57 | +1.22% |
| October 2026 | $5.55 | $6.54 | $7.90 | +3.55% |
| November 2026 | $5.50 | $6.51 | $7.91 | -0.51% |
| December 2026 | $5.40 | $6.41 | $7.84 | -1.46% |
Click any year to see its month-by-month PMM forecast. Min / Avg / Max are a bear / base / bull scenario; ROI is the projected move from the current price. Change is the month-over-month move in the average. Estimates, not guarantees.
Expect PMM to range from $5.95 to $7.84 through 2026. The $6.24 average target implies a 0% move from current prices. A consolidation phase looks the most probable path here.
The PMM price prediction for 2027 points to an average of $8.12 (low $6.66, high $10.35) — a potential gain of +30% on today's $6.24. Momentum favours further upside here.
In 2028, PMM is projected to trade between $7.42 and $12.08, averaging $9.23 — a potential gain of +48% from today's $6.24. That is up +14% on the projected 2027 average. Buyers look set to stay in control over this stretch.
Franklin Managed Municipal Income Trust's 2029 outlook centres on $10.31, within a $8.17 to $13.79 range. That is up +12% on the projected 2028 average. That marks a +65% change versus current levels. Momentum favours further upside here.
By 2030, PMM could reach as high as $15.36, with a base case around $11.28 and support toward $8.82 — roughly +81% from $6.24. Buyers look set to stay in control over this stretch.
Expect PMM to range from $8.76 to $15.69 through 2031. The $11.34 average target implies a +82% move from current prices. That is up +1% on the projected 2030 average. Momentum favours further upside here.
The PMM price prediction for 2032 points to an average of $12.42 (low $9.48, high $17.43) — a potential gain of +99% on today's $6.24. Buyers look set to stay in control over this stretch.
In 2033, PMM is projected to trade between $11.02 and $20.74, averaging $14.59 — a potential gain of +134% from today's $6.24. That is up +17% on the projected 2032 average. Momentum favours further upside here.
Franklin Managed Municipal Income Trust's 2034 outlook centres on $17.05, within a $12.76 to $24.53 range. That is up +17% on the projected 2033 average. That marks a +173% change versus current levels. Buyers look set to stay in control over this stretch.
By 2035, PMM could reach as high as $26.84, with a base case around $18.45 and support toward $13.67 — roughly +196% from $6.24. Momentum favours further upside here.
Expect PMM to range from $19.24 to $41.29 through 2040. The $27.08 average target implies a +334% move from current prices. That is up +47% on the projected 2035 average. Buyers look set to stay in control over this stretch.
The PMM price prediction for 2050 points to an average of $48.73 (low $32.28, high $79.65) — a potential gain of +681% on today's $6.24. Momentum favours further upside here.
Investing $1,000 in PMM today (≈ 160.25641 PMM) could be worth
$7,809.2
+$6,809.2 (+681%) by 2050 · US Dollar
Based on the average projected PMM price of $48.73 in 2050.
Based on the base (average) forecast scenario. FX rates are indicative. Estimates only — not financial advice.
See what a past investment in PMMwould be worth at today's price.
$1,000 invested in PMM on Jul 31, 2025 (≈ 171.821301 PMM) would be worth
$1,072.16
+$72.16 (+7.2%) today · 1.07× · US Dollar
Based on a PMM entry price of $5.82 vs. today's $6.24.
| Invested | Entry price | Value today | Return |
|---|---|---|---|
| 1 week ago | $6.41 | $973.48 | -2.7% |
| 1 month ago | $6.54 | $954.13 | -4.6% |
| 3 months ago | $6.16 | $1,012.99 | +1.3% |
| 6 months ago | $6.25 | $998.4 | -0.2% |
| 1 year ago | $5.82 | $1,072.16 | +7.2% |
| All time (5.0y) ago | $8.64 | $722.22 | -27.8% |
Past performance from historical market data — it does not predict future results. FX rates are indicative. Not financial advice.
Enter a price to see how it sits against our PMM forecast.
Our base-case forecast reaches $12.00 around 2032.
Implied market cap at $12.00: $514M
The multi-year forecast shows a path of rising averages: 2030 avg $11.90, 2040 avg $28.84, 2050 avg $52.26.
Key ROI milestones: 2030 84.2, 2040 346.4, 2050 708.9.
Sentiment is bullish across the long horizon.
Tap a question to reveal the answer.
The 2030 forecast shows min $9.30, avg $11.90, max $16.21; ROI 84.2; sentiment BULLISH.
Forecasts show rising averages and positive ROI in several years, including 2027 (32.2), 2028 (48.9), 2029 (67.7), and 2030 (84.2), with overall bullish sentiment after 2026.
Yes—the 2050 forecast shows min $34.61, avg $52.26, max $85.43 with ROI 708.9 and bullish sentiment.
RSI14 is 50; SMA50 is $6.35; SMA200 is $6.24; support is $6.27; resistance is $6.60; 30-day range is $6.23 to $6.70; sentiment BULLISH.
Min $5.95; avg $6.46; max $8.17; ROI 0; sentiment NEUTRAL.
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