PUTNAM MANAGED MUNICIPAL INCOME TRUST
NSAR-A, 1997-06-27
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<PAGE>      PAGE  1
000 A000000 04/30/97
000 C000000 0000844790
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0
000 J000000 A
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
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008 A000001 PUTNAM INVESTMENT MANAGEMENT, INC.
008 B000001 A
008 C000001 801-7074
008 D010001 BOSTON
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008 D030001 02109
011 A000001 PUTNAM MUTUAL FUNDS CORP
011 B000001 8-5088
011 C010001 BOSTON
011 C020001 MA
011 C030001 02109
012 A000001 PUTNAM INVESTOR SERVICES, INC.
012 B000001 84-401299
012 C010001 BOSTON
012 C020001 MA
012 C030001 02109
013 A000001 COOPERS & LYBRAND L.L.P.
013 B010001 BOSTON
013 B020001 MA
<PAGE>      PAGE  2
013 B030001 02109
015 A000001 PUTNAM FIDUCIARY TRUST COMPANY
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015 E010001 X
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020 A000001 PAINE WEBBER INC.
020 B000001 13-2638166
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022 B000001 13-2638166
022 C000001     14988
022 D000001     18900
022 A000002 MORGAN (J.P.) SECURITIES INC.
022 B000002 13-3224016
022 C000002      8200
022 D000002     15200
022 A000003 LEHMAN BROTHERS
022 B000003 13-2518466
022 C000003      4100
022 D000003     18242
022 A000004 MORGAN STANLEY INC.
022 B000004 13-2655998
022 C000004     16850
022 D000004         0
022 A000005 DILLON, READ & CO., INC.
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022 C000005      2000
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022 B000006 13-4946705
022 C000006      7800
022 D000006      5800
022 A000007 NEWMAN & ASSOCIATES
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<PAGE>      PAGE  3
022 A000008 PIPER JAFFRAY & HOPWOOD
022 B000008 41-0953246
022 C000008      5000
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022 A000009 RAYMOND JAMES & ASSOCIATES INC.
022 B000009 59-1237041
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022 D000009      6387
022 A000010 GOLDMAN SACHS & CO.
022 B000010 13-5108880
022 C000010      6333
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   PAUL BUCUVALAS                               
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Managed Municipal Income Trust
</LEGEND>
<SERIES>
   <NUMBER> 1
   <NAME> CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                      597,771,026
<INVESTMENTS-AT-VALUE>                     613,519,400
<RECEIVABLES>                               23,201,269
<ASSETS-OTHER>                                  70,100
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             636,790,769
<PAYABLE-FOR-SECURITIES>                    13,105,420
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,159,509
<TOTAL-LIABILITIES>                         17,264,929
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   421,731,219
<SHARES-COMMON-STOCK>                       45,656,598
<SHARES-COMMON-PRIOR>                       45,450,073
<ACCUMULATED-NII-CURRENT>                   15,206,091
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (8,159,844)
<ACCUM-APPREC-OR-DEPREC>                    15,748,374
<NET-ASSETS>                               619,525,840
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           21,800,747
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,720,419
<NET-INVESTMENT-INCOME>                     19,080,328
<REALIZED-GAINS-CURRENT>                   (3,626,828)
<APPREC-INCREASE-CURRENT>                    (188,988)
<NET-CHANGE-FROM-OPS>                       15,264,512
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (20,442,023)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (3,040,286)
<ACCUMULATED-NII-PRIOR>                     16,567,786
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                 (4,533,016)
<GROSS-ADVISORY-FEES>                        2,078,669
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,766,485
<AVERAGE-NET-ASSETS>                       623,541,157
<PER-SHARE-NAV-BEGIN>                             9.85
<PER-SHARE-NII>                                    .42
<PER-SHARE-GAIN-APPREC>                          (.09)
<PER-SHARE-DIVIDEND>                             (.45)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.73
<EXPENSE-RATIO>                                    .62
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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