Trend Table for PMM - Putnam Managed Municipal Income Trust

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 14	D	Weak or Absent	Up	Flat	Flat	7.68%
Mar 13	C	Weak or Absent	Up	Flat	Flat	7.59%
Mar 12	D	Weak or Absent	Up	Flat	Flat	8.12%
Mar 11	D	Weak or Absent	Up	Down	Flat	8.48%
Mar 8	C	Weak or Absent	Up	Flat	Flat	7.59%
Mar 7	D	Weak or Absent	Up	Flat	Flat	7.77%
Mar 6	D	Weak or Absent	Up	Flat	Flat	7.94%
Mar 5	C	Weak or Absent	Up	Flat	Flat	7.94%
Mar 4	D	Weak or Absent	Up	Down	Down	8.48%
Mar 1	C	Weak or Absent	Up	Flat	Flat	7.77%