13D Filing: Bulldog Investors and Putnam Managed Municipal Income Trust (PMM)

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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As per the PRE 14A filed on March 8, 2017, there were 1,980 Auction Rate
Preferred outstanding as of December 31, 2016. The percentages set forth
herein were derived using such number. Phillip Goldstein, Andrew Dakos and
Steven Samuels own Bulldog Investors, LLC, a registered investment advisor.
As of August 10, 2017, Bulldog Investors, LLC is deemed to be the beneficial
owner of 0 shares of PMM Ser C.

(b)Bulldog Investors,LLC has sole power to dispose of and vote 0 shares.
Bulldog Investors, LLC has shared power to dispose of and vote 0 shares.
Messrs. Goldstein, Dakos and Samuels are control persons of Bulldog Investors,
LLC.

c) During the past 60 days the following shares of PMM Ser C were tendered:

Date Shares Price
8/10/17 148 $44,875.00

d) Clients of Bulldog Investors, LLC are entitled to receive any dividends or
sales proceeds.

e) The Reporting Persons ceased to be the beneficial owner of more than five
percent of PMM’s Series C shares on August 10,2017

ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
N/A

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None

After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this
statement is true, complete and correct.

Dated: 8/21/17

By: /S/ Phillip Goldstein
Name: Phillip Goldstein

By: /S/ Andrew Dakos
Name: Andrew Dakos

By: /S/ Steven Samuels
Name: Steven Samuels

Bulldog Investors, LLC
By: /s/ Andrew Dakos
Andrew Dakos, Member

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