0000869392-13-000187.txt : 20131220 0000869392-13-000187.hdr.sgml : 20131220 20131220084720 ACCESSION NUMBER: 0000869392-13-000187 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20131031 FILED AS OF DATE: 20131220 DATE AS OF CHANGE: 20131220 EFFECTIVENESS DATE: 20131220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM MANAGED MUNICIPAL INCOME TRUST CENTRAL INDEX KEY: 0000844790 IRS NUMBER: 046608976 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-05740 FILM NUMBER: 131289899 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 NSAR-B 1 answer.fil PAGE 1 000 B000000 10/31/2013 000 C000000 0000844790 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 PUTNAM MANAGED MUNICIPAL INCOME TRUST 001 B000000 811-05740 001 C000000 6172921000 002 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SMITH TITLE PRINC. ACCT. OFFICER EX-99 2 acctpron77l052.txt Putnam Managed Municipal Income Trust 10/31/13 Annual report 77L New accounting pronouncement In January 2013, ASU 2013-01, Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, amended ASU No. 2011-11, Disclosures about Offsetting Assets and Liabilities. The ASUs create new disclosure requirements requiring entities to disclose both gross and net information for derivatives and other financial instruments that are either off set in the Statement of assets and liabilities or subject to an enforceable master netting arrangement or similar agreement. The disclosure requirements are effective for annual reporting periods beginning on or after January 1, 2013 and interim periods within those annual periods. Putnam Management is currently evaluating the application of ASUs 2013-01 and 2011-11 and their impact, if any, on the funds financial statements. EX-99 3 auditletter052.txt Report of Independent Registered Public Accounting Firm The Board of Trustees and Shareholders Putnam Managed Municipal Income Trust: In planning and performing our audit of the financial statements of Putnam Managed Municipal Income Trust (the Fund) as of and for the year ended October 31, 2013, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Funds internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Funds internal control over financial reporting. Accordingly, we express no such opinion. Management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A companys internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles (GAAP). A companys internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and trustees of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the companys assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a Funds annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Funds internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of October 31, 2013. This report is intended solely for the information and use of management and the Board of Trustees of Putnam Managed Municipal Income Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ KPMG LLP Boston, Massachusetts December 13, 2013 EX-99 4 item85b052.txt Item 85B Additional Information About Errors and Omissions Policy While no claims with respect to the Registrant/Series were filed under such policy during the period, requests under such policy for reimbursement of legal expenses and costs arising out of claims of market timing activity in the Putnam Funds have been submitted by the investment manager of the Registrant/Series. EX-99 5 shareholdermeetingresults052.txt Shareholder Meeting Results (Unaudited) September 19, 2013 annual meeting At the meeting, a proposal to fix the number of Trustees at 14 was approved as follows: Votes for Votes against Abstentions 48,947,570 2,150,880 1,102,894 Additionally each of the nominees for Trustees was elected, as follows: Votes for Votes withheld Liaquat Ahamed 49,604,181 2,597,172 Ravi Akhoury 49,597,153 2,604,200 Barbara M. Baumann 49,796,554 2,404,799 Jameson A. Baxter 49,747,455 2,453,898 Charles B. Curtis 49,784,106 2,417,247 Robert J. Darretta 49,642,451 2,558,901 Katinka Domotorffy 49,687,636 2,513,717 Paul L. Joskow 49,805,536 2,395,817 Kenneth R. Leibler 49,792,685 2,408,668 George Putnam, III 49,671,117 2,530,236 Robert L. Reynolds 49,733,947 2,467,406 W. Thomas Stephens 49,508,836 2,692,517 A quorum was not present with respect to the matter of electing two Trustees to be voted on by the preferred shareholders voting as a separate class. As a result, in accordance with the funds Declaration of Trust and Bylaws, independent fund Trustees John A. Hill and Robert E. Patterson remain in office and continue to serve as Trustees. All tabulations are rounded to the nearest whole number.