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
Jun 25	B	Strong	Up	Up	Flat	5.39%
Jun 24	A	Strong	Up	Up	Flat	5.22%
Jun 21	A	Strong	Up	Up	Up	4.27%
Jun 20	A	Strong	Up	Up	Up	4.44%
Jun 18	A	Weak or Absent	Up	Up	Up	4.27%
Jun 17	A	Weak or Absent	Up	Up	Up	5.11%
Jun 14	A	Weak or Absent	Up	Up	Up	5.11%
Jun 13	B	Weak or Absent	Up	Up	Up	5.97%
Jun 12	B	Weak or Absent	Up	Up	Up	6.66%
Jun 11	B	Weak or Absent	Up	Up	Up	7.19%