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How to Buy Franklin Managed Municipal Income Trust (PMM) Stock

Compare 13 brokers offering PMM, check which offer overnight sessions, and compare fractional-share terms.

PMM
$5.75−$0.1100 (−1.88%)
Day range
$5.76 – $5.86
52-week range
$5.75 – $6.60
Volume
123.5K
Market cap
$246.29M
Exchange
XNYS
Asset class
other
Optionable
No
24-hour trading
7 brokers — verify symbol
Fractional shares
10 brokers — verify symbol
Tokenized
No
Market cap tier
micro

Where to buy PMM

13 brokers in our matrix offer PMM. Verify availability and current fees with each broker before trading.

BrokerCommissionFractionalExtendedOvernightOptionsOTC access
Charles Schwab (thinkorswim) logoCharles Schwab (thinkorswim)Review$0
Schwab Stock Slices, S&P 500 only, ≥ $5/slice, up to 30 at once
~1,130
$0.65Most (3/5)
E*TRADE (Morgan Stanley) logoE*TRADE (Morgan Stanley)Review$0 listed
~20
$0.65Most (4/5)
Fidelity logoFidelityReview$0
Stocks by the Slice, 7,000+ stocks/ETFs, from $1
$0.65Partial (2+0)
Firstrade logoFirstradeReview$0
~4,000+ tickers, ≥ $5
~1,200
$0Most (4/5)
Interactive Brokers logoInteractive BrokersReview$0 (Lite) / per-share (Pro)
~10,000
per-contract pricingFull
Merrill Edge logoMerrill EdgeReview$0
$0.65Most (3/5)
Moomoo logoMoomooReview$0
$0Limited only
Public.com logoPublic.comReview$0
rebate modelLimited only
Robinhood logoRobinhoodReview$0
≥ $1 stocks, market cap ≥ $25M
~1,134
$0None
SoFi Active Investing logoSoFi Active InvestingReview$0
$0Partial (1+2)
tastytrade logotastytradeReview$0 stocks
$1.00 open, $0 close (capped at $10 per leg)Limited only
TradeStation logoTradeStationReview$0 listed
$0.50 / $0.60Most (4/5)
Webull logoWebullReview$0
$0Limited only

24-Hour / Overnight trading

These brokers run an overnight session: Charles Schwab (thinkorswim), Interactive Brokers, Robinhood, E*TRADE (Morgan Stanley), Webull, Moomoo, Firstrade. Each publishes its own list of symbols admitted to that session, and those lists are typically limited to large-cap index members. We do not track them per symbol, so check whether PMMis on your broker’s list before planning an overnight order.

Overnight sessions route through ATSs, typically have wider spreads, accept limit orders only, and offer no guaranteed fills.

About Franklin Managed Municipal Income Trust

Putnam Managed Municipal Income Trust is a closed-end management investment company. Its investment objective is to seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-exempt municipal securities. The Fund invests in various sectors such as healthcare, retirement community, private higher education, housing-backed, essential service utilities, and state-backed bonds.
Listed
1989-02-17
Market cap
$246.29M

Frequently asked

Where can I buy Franklin Managed Municipal Income Trust (PMM)?

PMM is offered by 13 brokers in our matrix, including Charles Schwab (thinkorswim), E*TRADE (Morgan Stanley), Fidelity, Firstrade, Interactive Brokers. Compare commissions, fractional eligibility, and overnight availability in the broker matrix above.

Can I buy PMM after hours or overnight?

Most brokers in the matrix support pre-market (4 AM–9:30 AM ET) and after-hours (4–8 PM ET) sessions. A true overnight session is offered by Charles Schwab (thinkorswim), Interactive Brokers, Robinhood, E*TRADE (Morgan Stanley), and others, but each admits only its own list of symbols — usually large-cap index members — so confirm PMM is eligible with your broker. Overnight sessions route through ATSs with wider spreads and limit orders only.

Does Robinhood offer PMM?

Yes. Robinhood offers PMM as a regular exchange-listed security.

Does Fidelity offer PMM?

Yes. Fidelity offers PMM as a regular exchange-listed security.

Does Webull offer PMM?

Yes. Webull offers PMM as a regular exchange-listed security.

Is PMM optionable?

No. PMM does not have listed options contracts at the moment.

Is there a tokenized version of PMM?

Not in our current dataset. The tokenized stock universe (Kraken xStocks, Binance Alpha/Ondo, Robinhood EU, Hyperliquid HIP-3) is expanding quickly — we refresh quarterly.

Can I buy a fractional share of PMM?

10 brokers in the matrix offer fractional shares, but each restricts the feature to its own symbol universe — Schwab to the S&P 500, Robinhood to stocks above a market-cap floor, Fidelity to a 7,000-name list. Check the Fractional column above for each broker's scope and minimum, then confirm PMM qualifies.

Related reading

Background on the trading features that apply to PMM.