Putnam Master Intermediate Income TrustPIM
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 filings 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]
Research analyst outlook
We haven’t received any recent analyst ratings for PIM.
Financial journalist opinion









