-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BzRteMCQnj7+EUMX2x33/DNhKos9HPMgTqfZmWmufUXyAWYveHCDacw9EINcNCVw
 dn9eaCU1dsUOe5yhj2Eucg==

<SEC-DOCUMENT>0000844790-95-000003.txt : 19951231
<SEC-HEADER>0000844790-95-000003.hdr.sgml : 19951231
ACCESSION NUMBER:		0000844790-95-000003
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19951031
FILED AS OF DATE:		19951229
SROS:			NONE

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:		1940 Act
		SEC FILE NUMBER:	811-05740
		FILM NUMBER:		95606239

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		STREET 2:		MAILSTOP A14
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		6172921536
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-B
<SEQUENCE>1
<DESCRIPTION>N-SAR (3.0)
<TEXT>

<PAGE>      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      
 

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-27
<SEQUENCE>2
<FLAWED>
<TEXT>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<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.
</LEGEND>
       
<S>                                   <C>
<PERIOD-TYPE>                         YEAR
<FISCAL-YEAR-END>	October-31-95
<PERIOD-END>	October-31-95
<INVESTMENTS-AT-COST                                                                602,711,986
<INVESTMENTS-AT-VALUE>	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
<ACCUMULATED-NET-GAINS>	
<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
??  

</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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