NSAR-B

      PAGE  1
000 B000000 10/31/95
000 C000000 0000844790
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 PUTNAM MANAGED MUNICIPAL INCOME TRUST
001 B000000 811-5740
001 C000000 6172921000
002 A000000 ONE POST OFFICE SQUARE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 PUTNAM INVESTMENT MANAGERMENT, INC.
008 B000001 A
008 C000001 801-7074
008 D010001 BOSTON
008 D020001 MA
008 D030001 02109
SIGNATURE   PAUL BUCUVALAS                               
TITLE       VICE PRESIDENT      
 

EX-27

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM Putnam  Managed Municipal Trust  Class A AND IS QUALIFIED IN ITS
 ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

       
                                   
<PERIOD-TYPE>                         YEAR
<FISCAL-YEAR-END>	October-31-95
<PERIOD-END>	October-31-95
<INVESTMENTS-AT-COST>	631,733,586
<RECEIVABLES>	19,429,366
<ASSETS-OTHER>	0
<OTHER-ITEMS-ASSETS>	607,958
<TOTAL-ASSETS>	651,770,910
<PAYABLE-FOR-SECURITIES>	19,070,852
<SENIOR-LONG-TERM-DEBT>	0
<OTHER-ITEMS-LIABILITIES>	4,245,839
<TOTAL-LIABILITIES>	23,316,691
<SENIOR-EQUITY>	175,000,000
<PAID-IN-CAPITAL-COMMON>	414,847,346
<SHARES-COMMON-STOCK>	44,961,926
<SHARES-COMMON-PRIOR>	0
<ACCUMULATED-NII-CURRENT>	17,879,998
<OVERDISTRIBUTION-NII>                                                                               0
	
<OVERDISTRIBUTION-GAINS>	8.294,725
<ACCUM-APPREC-OR-DEPREC>	29,021,600
<NET-ASSETS>	628,454,219
<DIVIDEND-INCOME>	0
<INTEREST-INCOME>	45,781,940
<OTHER-INCOME>	0
<EXPENSES-NET>	5,218,219
<NET-INVESTMENT-INCOME>	40,563,721
<REALIZED-GAINS-CURRENT>	(3,616,414)
<APPREC-INCREASE-CURRENT>	30,712,230
<NET-CHANGE-FROM-OPS>	67,659,537
<EQUALIZATION>	00
<DISTRIBUTIONS-OF-INCOME>	34,075,362
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	7,104,957
<NUMBER-OF-SHARES-SOLD>	0
<NUMBER-OF-SHARES-REDEEMED>	0
<SHARES-REINVESTED>	4,983,445
<NET-CHANGE-IN-ASSETS>	31,462,663
<ACCUMULATED-NII-PRIOR>	18,238
<ACCUMULATED-GAINS-PRIOR>	0
<OVERDISTRIB-NII-PRIOR>	0
<OVERDIST-NET-GAINS-PRIOR>	4,379,783
<GROSS-ADVISORY-FEES>	4,170,165
<INTEREST-EXPENSE>	00
<GROSS-EXPENSE>	5,359,657
<AVERAGE-NET-ASSETS>	0
<PER-SHARE-NAV-BEGIN>	9.49
<PER-SHARE-NII>	.90
<PER-SHARE-GAIN-APPREC>	.60
<PER-SHARE-DIVIDEND>	00
<PER-SHARE-DISTRIBUTIONS>	(.91)
<RETURNS-OF-CAPITAL>	0
<PER-SHARE-NAV-END>	10.08
<EXPENSE-RATIO>	1.20
<AVG-DEBT-OUTSTANDING>	0
<AVG-DEBT-PER-SHARE>	0
        	0
??