Putnam Master Intermediate Income Trust
PIM
New York Stock Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Putnam Master Intermediate Income Trust (NYSE: PIM) is a closed-end fixed income mutual fund that seeks high current income and relative stability of net asset value by allocating assets among the U.S. investment-grade, high-yield, and international bond sectors; it invests primarily in fixed-income securities including U.S. investment-grade bonds, high-yield bonds, international bonds, and bonds from companies across diversified sectors, employing strategies such as broad diversification across traditional and alternative bond markets, flexible risk allocations, and active duration management independent of any benchmark index. The fund benchmarks its performance against the Barclays Capital Government/Credit Bond Index or ICE BofA US Treasury Bill TR USD and targets investors seeking income with moderated volatility through multi-sector fixed income exposure. Formed on April 29, 1988, and domiciled in the United States with headquarters at 100 Federal Street, Boston, Massachusetts, the fund operates under the management of Franklin Advisers, Inc., following the transfer of its management contract from Putnam Investment Management, LLC, effective July 15, 2024; this change occurred after Franklin Resources, Inc.'s acquisition of Putnam Management on January 1, 2024, with the fund's portfolio managers integrating into Franklin Advisers' fixed income team while retaining Putnam Management as sub-adviser for continuity.