<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
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>
