Franklin Managed Municipal Income (PMM) vs Templeton Dragon Fund (TDF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Franklin Managed Municipal Income is the larger company by market cap ($238.2 million vs $237.2 million), about 1.0 times the size. On valuation, Templeton Dragon Fund trades at a lower trailing P/E (6.1x vs 10.3x for Franklin Managed Municipal Income). Franklin Managed Municipal Income offers the higher dividend yield (5.43% vs 4.76%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | PMM | TDF |
|---|---|---|
| Share price | $5.56 | $9.46 |
| Market cap | $238.15M | $237.22M |
| 1-day change | -0.36% | -0.58% |
| YTD return | -11.00% | — |
| 1-year return | -8.22% | — |
| 5-year return | -34.35% | — |
| P/E ratio (TTM) | 10.30 | 6.10 |
| EPS (TTM) | $0.54 | $1.55 |
| Dividend yield | 5.43% | 4.76% |
| Annual dividend | $0.302 | $0.45 |
| 52-week high | $6.60 | $12.20 |
| 52-week low | $5.39 | $9.40 |
| Distance from 52-week high | -15.76% | -22.46% |
| Analyst consensus | none | — |
| Average volume | 130.80K | 49.55K |
| Shares outstanding | 42.83M | 25.08M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Franklin Managed Municipal Income trades at a higher earnings multiple (10.3x vs 6.1x trailing P/E).
About Franklin Managed Municipal Income
PMM stock →Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited.
Finance · Investment Managers
About Templeton Dragon Fund
TDF stock →Templeton Dragon Fund, Inc. is a closed ended equity mutual fund launched by Franklin Resources, Inc.
Finance · Finance/Investors Services
PMM vs TDF FAQ
Which is bigger, Franklin Managed Municipal Income or Templeton Dragon Fund?
Franklin Managed Municipal Income (PMM) is larger, with a market capitalization of $238.15M compared with $237.22M for Templeton Dragon Fund (TDF).
Which has the lower P/E ratio, PMM or TDF?
TDF has the lower trailing P/E at 6.1, versus 10.3 for PMM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Franklin Managed Municipal Income or Templeton Dragon Fund?
Franklin Managed Municipal Income has the higher yield at 5.43%, compared with 4.76% for Templeton Dragon Fund.
Are Franklin Managed Municipal Income and Templeton Dragon Fund in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for Franklin Managed Municipal Income and Finance/Investors Services for Templeton Dragon Fund.