-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DpQ/AoqsQxyLdteJkKwX/XGih2BS1iqsTPGkVM3wioXqbuQVKGavqcutPGrFbBmD YxMDdcLR3LecnBYMGo8EnA== 0000869392-99-000586.txt : 19991224 0000869392-99-000586.hdr.sgml : 19991224 ACCESSION NUMBER: 0000869392-99-000586 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 19991031 FILED AS OF DATE: 19991223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM MANAGED MUNICIPAL INCOME TRUST CENTRAL INDEX KEY: 0000844790 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 046608976 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: SEC FILE NUMBER: 811-05740 FILM NUMBER: 99779697 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 NSAR-B 1 N-SAR (6.1) PAGE 1 000 B000000 10/31/1999 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 811-5740 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 MANAGEMENT, INC. 008 B000001 A 008 C000001 801-7074 008 D010001 BOSTON 008 D020001 MA 008 D030001 02109 011 A000001 PUTNAM MUTUAL FUNDS CORP 011 B000001 8-5088 011 C010001 BOSTON 011 C020001 MA 011 C030001 02109 012 A000001 PUTNAM INVESTOR SERVICES, INC. 012 B000001 84-401299 012 C010001 BOSTON 012 C020001 MA 012 C030001 02109 013 A000001 KPMG LLP 013 B010001 BOSTON 013 B020001 MA PAGE 2 013 B030001 02109 015 A000001 PUTNAM FIDUCIARY TRUST COMPANY 015 B000001 C 015 C010001 BOSTON 015 C020001 MA 015 C030001 02109 015 E010001 X 018 000000 Y 019 A000000 Y 019 B000000 97 019 C000000 PUTNAMFUND 020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC. 020 B000001 13-5674085 020 C000001 2 020 C000002 0 020 C000003 0 020 C000004 0 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 2 022 A000001 MORGAN STANLEY DEAN WITTER 022 C000001 26980 022 D000001 5178 022 A000002 BEAR STERNS & CO. 022 B000002 13-4946705 022 C000002 15192 022 D000002 16470 022 A000003 SALOMON SMITH BARNEY 022 C000003 16270 022 D000003 14399 022 A000004 PAINEWEBBER INC. 022 B000004 13-2638166 022 C000004 14701 022 D000004 11200 022 A000005 MERRILL LYNCH,PIERCE FENNER & SMITH INC. 022 B000005 13-5674085 022 C000005 8000 022 D000005 9848 022 A000006 LEHMAN BROTHERS 022 B000006 13-2518466 022 C000006 7878 022 D000006 5900 022 A000007 BANK OF NEW YORK (THE) 022 B000007 13-4941102 022 C000007 3500 022 D000007 7500 022 A000008 BROWN (ALEX) & SONS, INC. PAGE 3 022 B000008 52-0256630 022 C000008 5000 022 D000008 5000 022 A000009 BANK OF NEW YORK/MUNI 022 C000009 3500 022 D000009 3500 022 A000010 GOLDMAN SACHS & CO. 022 B000010 13-5108880 022 C000010 6328 022 D000010 0 023 C000000 123315 023 D000000 87969 024 000000 N 025 D000001 0 025 D000002 0 025 D000003 0 025 D000004 0 025 D000005 0 025 D000006 0 025 D000007 0 025 D000008 0 026 A000000 Y 026 B000000 Y 026 C000000 Y 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 Y 026 G020000 Y 026 H000000 N 027 000000 N 028 A010000 0 028 A020000 0 028 A030000 0 028 A040000 0 028 B010000 0 028 B020000 0 028 B030000 0 028 B040000 0 028 C010000 0 028 C020000 0 028 C030000 0 028 C040000 0 028 D010000 0 028 D020000 0 028 D030000 0 028 D040000 0 028 E010000 0 028 E020000 0 028 E030000 0 028 E040000 0 PAGE 4 028 F010000 0 028 F020000 0 028 F030000 0 028 F040000 0 028 G010000 0 028 G020000 0 028 G030000 0 028 G040000 0 028 H000000 0 030 A000000 0 030 B000000 0.00 030 C000000 0.00 031 A000000 0 031 B000000 0 032 000000 0 033 000000 0 035 000000 0 036 B000000 0 038 000000 0 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 0 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 0 044 000000 0 045 000000 Y 046 000000 Y 047 000000 Y 048 000000 0.000 048 A010000 500000 048 A020000 0.700 048 B010000 500000 048 B020000 0.600 048 C010000 500000 048 C020000 0.550 048 D010000 0 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 PAGE 5 048 J010000 0 048 J020000 0.000 048 K010000 1500000 048 K020000 0.500 049 000000 N 050 000000 N 051 000000 N 052 000000 N 053 A000000 N 054 A000000 Y 054 B000000 Y 054 C000000 Y 054 D000000 N 054 E000000 N 054 F000000 N 054 G000000 N 054 H000000 N 054 I000000 N 054 J000000 Y 054 K000000 N 054 L000000 Y 054 M000000 Y 054 N000000 N 054 O000000 Y 055 A000000 N 055 B000000 N 056 000000 N 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 N 060 B000000 N 061 000000 0 062 A000000 Y 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 0.0 062 O000000 96.3 062 P000000 0.0 062 Q000000 0.0 062 R000000 1.4 PAGE 6 063 A000000 0 063 B000000 7.6 064 A000000 Y 064 B000000 N 066 A000000 N 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 Y 070 A020000 N 070 B010000 N 070 B020000 N 070 C010000 Y 070 C020000 N 070 D010000 N 070 D020000 N 070 E010000 Y 070 E020000 Y 070 F010000 N 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 N 070 H020000 N 070 I010000 Y 070 I020000 N 070 J010000 Y 070 J020000 Y 070 K010000 Y 070 K020000 N 070 L010000 Y 070 L020000 N 070 M010000 Y 070 M020000 N 070 N010000 Y 070 N020000 N 070 O010000 Y 070 O020000 N 070 P010000 Y 070 P020000 N 070 Q010000 N 070 Q020000 N 070 R010000 N 070 R020000 N 071 A000000 91073 071 B000000 77302 071 C000000 601111 071 D000000 13 072 A000000 12 072 B000000 42507 PAGE 7 072 C000000 0 072 D000000 0 072 E000000 0 072 F000000 4209 072 G000000 8 072 H000000 0 072 I000000 312 072 J000000 54 072 K000000 52 072 L000000 41 072 M000000 16 072 N000000 41 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 64 072 S000000 14 072 T000000 0 072 U000000 0 072 V000000 0 072 W000000 498 072 X000000 5309 072 Y000000 0 072 Z000000 37198 072AA000000 0 072BB000000 1533 072CC010000 0 072CC020000 43458 072DD010000 41293 072DD020000 0 072EE000000 0 073 A010000 0.8920 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 4480 074 B000000 0 074 C000000 0 074 D000000 561854 074 E000000 7920 074 F000000 0 074 G000000 0 074 H000000 0 074 I000000 0 074 J000000 540 074 K000000 0 074 L000000 12953 074 M000000 0 074 N000000 587747 074 O000000 0 074 P000000 1069 PAGE 8 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 3095 074 S000000 175164 074 T000000 408419 074 U010000 46578 074 U020000 0 074 V010000 8.77 074 V020000 0.00 074 W000000 0.0000 074 X000000 4967 074 Y000000 0 075 A000000 0 075 B000000 614064 076 000000 9.81 077 A000000 Y 077 B000000 Y 077 K000000 Y 078 000000 N 080 A000000 FEDERAL INSURANCE COMPANY 080 B000000 NATIONAL UNION FIRE INSURANCE COMPANY 080 C000000 85000 081 A000000 Y 081 B000000 96 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 N 085 B000000 N 086 A010000 46221 086 A020000 427605 086 B010000 0 086 B020000 0 086 C010000 2 086 C020000 175000 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 087 A010000 COMMON STOCK PFD SERIES A 087 A020000 746823103 087 A030000 PMM 087 B010000 REMARKETED PFD SERIES A 087 B020000 746823202 PAGE 9 087 B030000 NA 087 C010000 REMARKETED PFD SERIES B 087 C020000 746823301 087 C030000 NA 088 A000000 N 088 B000000 N 088 C000000 N 088 D000000 Y SIGNATURE PAUL BUCUVALAS TITLE MANAGING DIRECTOR EX-27 2 WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
6 Putnam Managed Municipal Income Trust 1 CLASS A ANNUAL OCT-31-1999 OCT-31-1999 575,460,241 569,773,993 13,492,727 4,480,415 0 587,747,135 0 0 4,164,354 4,164,354 175,000,000 431,369,523 46,577,958 46,221,286 4,732,508 0 0 (21,267,414) (6,251,536) 583,582,781 0 42,506,751 0 5,308,650 37,198,101 (1,532,801) 43,457,589 (7,792,289) 0 (41,293,321) 0 0 0 0 356,672 (45,320,818) 8,804,371 0 0 (19,711,256) 4,208,547 0 5,391,158 631,846,380 9.82 .80 (.96) (.89) 0 0 8.77 1.23 [AVG-DEBT-OUTSTANDING] 0 [AVG-DEBT-PER-SHARE] 0
EX-99 3 Page The Board of Trustees Putnam Managed Municipal Income Trust In planning and performing our audit of the financial statements of Putnam Managed Municipal Income Trust for the year ended October 31, 1999, we considered its internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of Putnam Managed Municipal Income Trust is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with generally accepted accounting principles. Those controls include the safeguarding of assets against unauthorized acquisition, use or disposition. Because of inherent limitations in internal control, errors or irregularities may occur and not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risks that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in internal control that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above. This report is intended solely for the information and use of management, 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. KPMG LLP Boston, Massachusetts December 6, 1999 EX-99 4 July 16, 1999 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Sirs: We have read the statements made by John D. Hughes, Treasurer of The Putnam Funds (copy attached), which we understand will be filed in response to Sub-Item 77k of Form N-SAR and agree with the statements concerning our firm contained therein. Very truly yours, /s/ PricewaterhouseCoopers EX-99 5 July 12, 1999 Mr. B. Robert Rubin, Partner PricewaterhouseCoopers LLP One Post Office Square Boston, Massachusetts 02109 Dear Mr. Rubin: On June 3, 1999, the Audit and Pricing Committee of the Putnam funds listed on the attached Exhibit 1 voted to recommend to the Trustees not to retain PricewaterhouseCoopers LLP as the independent accountants for such funds. The Trustees are expected to consider this recommendation at their upcoming meeting in July. In accordance with the requirements of Item 304 of Regulation S-K, please provide us with a letter from your firm addressed to the Securities and Exchange Commission stating your agreement with the following: 1. On June 3, 1999, the Audit and Pricing Committee of the Putnam funds specified on Exhibit 1 voted not to retain PricewaterhouseCoopers LLP as the funds' independent accountants. The Trustees are expected to consider this recommendation at their upcoming meeting in July. 2. PricewaterhouseCoopers LLP's reports on the funds' financial statements for fiscal years ended in 1997 and 1998 did not contain an adverse opinion or a disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope or accounting principles. 3. During the funds' fiscal years ended in 1997 and 1998, and through the date hereof, (i) there were no disagreements with PricewaterhouseCoopers LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, July 12, 1999 -2- Mr. B. Robert Rubin, Partner if not resolved to the satisfaction of PricewaterhouseCoopers LLP, would have caused it to make reference to the subject matter of the disagreement in its report on the financial statements for such years and (ii) there were no "reportable events" as defined in paragraph (a) (l) (v) of item 304 of Regulation S-K. A copy of your letter will be filed with the Securities and Exchange Commission along with this letter as an exhibit to each fund's next form N-SAR (in accordance with Sub-Item 77k of form N-SAR). Sincerely, /s/ John D. Hughes Treasurer of The Putnam Funds Exhibit 1 Trust/Fund 1940 Act 1933 Act SEC File No: Sec File No: Putnam Growth Opportunities Fund 811-7237 33-56339 Putnam Investors Fund 811-159 2- 10783 Putnam Premier Income Trust 811-5452 33-19648 Putnam Research Fund 811-7237 33-56339 Putnam California Tax Exempt Income Fund 811-3630 2-81011 Putnam California Tax Exempt Money Market 811-5333 33-17211 Fund Putnam Asia Pacific Growth Fund 811-6202 33-37528 Putnam Tax Exempt Income Fund 811-2675 2-57165 Putnam Convertible Income-Growth Trust 811-2280 2-43384 Putnam Global Growth Fund 811-1403 2-25258 Putnam Income Fund 811-653 2-11147 Putnam Managed Municipal Income Trust 811-5740 33-26292 Putnam Master Income Trust 811-5375 33-18169 Putnam Equity Income Fund 811-2742 2-58869 Putnam Growth & Income Fund II 811-7223 33-55979 Putnam High Yield Advantage Fund 811-4616 33-2710 Putnam Intermediate U.S. Government Income 811-6257 33-37991 Fund Putnam Investment Grade Municipal Trust 811-5901 33-30934 EX-99 6 Results of October 7, 1999 shareholder meeting (Unaudited) An annual meeting of shareholders of the fund was held on October 7, 1999. At the meeting, each of the nominees for Trustees was elected, as follows: Common Shares Preferred Shares Votes Votes Votes for withheld Votes for withheld Jameson Adkins Baxter 39,208,686 530,883 1,301 0 Hans H. Estin 39,171,609 567,960 1,301 0 Ronald J. Jackson 39,201,827 537,742 1,301 0 Paul L. Joskow 39,209,628 529,941 1,301 0 Elizabeth T. Kennan 39,191,555 548,014 1,301 0 Lawrence J. Lasser 39,218,107 521,462 1,301 0 John H. Mullin III 39,212,585 526,984 1,301 0 William F. Pounds 39,178,510 561,059 1,301 0 George Putnam 39,195,053 544,516 1,301 0 George Putnam, III 39,223,640 515,929 1,301 0 A.J.C. Smith 39,209,207 530,362 1,301 0 W. Thomas Stephens 39,228,865 510,704 1,301 0 W. Nicholas Thorndike 39,204,123 535,446 1,301 0 J.A. Hill 1,301 0 R.E Patterson 1,301 0 0 A proposal to ratify the selection of KPMG LLPas the independent auditors of your fund was approved as follows: Common Shares -- 39,030,083 votes for, and 211,212 votes against, with 498,274 abstentions and broker non-votes. Preferred Shares - xxx votes for, and x votes against, with 0 abstenations and broker non-votes. All tabulations are rounded to nearest whole number. -----END PRIVACY-ENHANCED MESSAGE-----