Putnam Master Intermediate Income Trust (PIM)

• Market cap: $159M
• 1 day: 0.30%
• 5 days: 2.17%
• 1 month: 0.00%
• 3 months: 0.30%
• 6 months: 0.00%
• Year to date: 0.30%
• 1 year: 6.82%
• 5 years: -21.10%
• 10 years: -31.74%
• Sector: Financials
• Industry: Asset Management

About: Putnam Master Intermediate Income Trust is a closed-end fund. Its investment objective is to provide high current income and relative stability of net asset value. The fund pursues its goal by investing in U.S. high-grade, high-yield, and international fixed-income securities with limited maturities. The fund's portfolio includes the United States Government and agency mortgage obligations; mortgage-backed securities; corporate bonds and notes, and foreign government and agency bonds and notes.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

180% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 5

78% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 9

52% more capital invested

Capital invested by funds: $88.5M [Q3] → $134M (+$46M) [Q4]

20% more funds holding

Funds holding: 46 [Q3] → 55 (+9) [Q4]

2.39% more ownership

Funds ownership: 53.98% [Q3] → 56.37% (+2.39%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]