Putnam Master Interm Income:PIM

    Manage Alerts

    Overview

    As of 4/2/2026. NAV as of 4/1/2026.

     Share
    Price
    NAVPremium/
    Discount
    Current$3.31$3.40-3.53%
    52 Wk Avg$3.32$3.45-3.72%
    52 Wk High$3.50$3.510.00%
    52 Wk Low$3.14$3.37-7.54%
    Regular Distribution TypeIncome Only
    Distribution Rate8.04878000%
    Distribution Amount$0.0220
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The goal of the fund is to seek with equal emphasis high current income and relative stability of net asset value by allocating its investments among the U.S. investment grade sector, high-yield sector, and international sector.

    Capital Structure

    As of 4/2/2026

    Total Investment Exposure:$193.704M
    Total Common Assets:$163.827M
    Common Shares Outstanding:48,184,341
    Leverage

    As of 4/2/2026

    Preferred Share Assets:
    Total Debt (USD): $29.877M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $29.877M
    Effective Leverage (%): 15.42%
    Annual Expense Ratios

    As of 9/30/2025

      Per Common Share
    Management Fees0.74%
    Other Expenses:0.28%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.02%
    Fund Management

    Fund Sponsor
    Franklin Advisers, Inc.

    Portfolio Managers
    Michael V. Salm, Patrick Klein, Albert Chan, Matthew J. Walkup

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: PIM
    NAV Ticker: XPIMX
    Average Daily Volume (shares): 99,728
    Average Daily Volume (USD): $0.332M
    Inception Date: 4/29/1988
    Inception Share Price: $10.00
    Inception NAV: $9.30
    Tender Offer: No
    Term: No
    Fiscal Year End: September 30
    Third Party Links & Reports

    Distributions

    As of 4/2/2026

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 9/30/2025
    $0.0951
    Annualized Distribution Rate on NAV:
    As of 4/2/2026
    7.76%
    Total Return on NAV (12 months):
    As of 4/2/2026
    6.71%
    Avg. Portfolio Coupon:
    As of 4/2/2026
    5.60%
    Total % Portfolio Effectively Leveraged:
    As of 4/2/2026
    15.42%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 4/2/2026

    PeriodAvg Discount
    6 Month-4.19%
    1 Year-3.72%
    3 Year-5.65%
    5 Year-5.43%
    Z-Score

    As of 4/2/2026

    PeriodZStat
    3 Month1.04
    6 Month0.48
    1 Year0.14
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2026
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-0.09%0.17%-1.83%-0.65%
    202510.91%9.23%5.89%9.57%
    202410.84%6.10%10.32%5.40%
    20238.57%5.40%11.40%9.27%
    2022-12.48%-1.72%-22.33%-16.45%
    2021-0.43%-8.00%6.10%2.61%
    2020-2.92%-0.27%6.79%7.72%
    201920.69%12.82%22.17%13.63%
    2018-5.08%-1.37%-5.98%-2.32%
    201710.55%7.05%10.93%8.34%
    20168.81%6.71%10.79%8.05%
    20151.08%-2.27%0.71%-1.10%
    20141.51%1.40%8.71%7.36%
    20135.96%8.23%  
    20126.27%11.53%  
    2011-5.61%-3.61%  
    20106.12%12.53%  
    200978.81%64.33%  
    2008-29.74%-34.59%  
    20074.68%3.99%  
    200611.93%7.17%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 3/31/2026
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 4/1/2026
    5.60%
    Number of Holdings:
    As of 2/28/2026
    697
    Annual Portfolio Turnover:
    As of 9/30/2025
    454.00%
    Average Bond Price:
    As of 2/28/2026
    $97.03
    Asset Allocation

    As of 2/28/2026

    Top Sectors

    As of 2/28/2026

    Sector%Portfolio
    Securitized (Super Sector)60.32%
    Agency Mortgage Backed45.16%
    Corporate (Super Sector)42.75%
    Corporate Bond32.84%
    Government (Super Sector)15.43%
    Government Commercial Mortgage Backed8.86%
    Government8.61%
    Bank Loan7.38%
    Government Related6.82%
    Non Agency Residential Mortgage Backed3.17%
    Top Holdings

    As of 2/28/2026

    HoldingValue% Portfolio
    Federal National Mortgage Association$51.83M31.11%
    Us 5yr Note (Cbt) Jun26 Fvm6$8.37M5.02%
    Ultra 10 Year US Treasury Note Future June 26$7.24M4.34%
    Government National Mortgage Association$5.06M3.04%
    Franklin Ultra Short Bond ETF$4.19M2.51%
    Government National Mortgage Association$5.06M3.04%
    Federal National Mortgage Association$51.83M31.11%
    Euro Bobl Future Mar 26$-3.33M-2.00%
    Federal National Mortgage Association$51.83M31.11%
    Federal National Mortgage Association$51.83M31.11%
    Credit Quality

    As of 2/28/2026

    Maturity Breakdown

    As of 2/28/2026

    Country Allocation

    As of 2/28/2026

    Country% Portfolio
    United States - Fixed Income90.00%
    Others - Fixed Income6.45%
    United Kingdom - Fixed Income0.97%
    France - Fixed Income0.86%
    Canada - Fixed Income0.83%
    Brazil - Fixed Income0.74%
    Turkey - Fixed Income0.59%
    Colombia - Fixed Income0.52%
    Chile - Fixed Income0.48%
    Mexico - Fixed Income0.47%
    Sweden - Fixed Income0.46%
    Italy - Fixed Income0.44%
    Switzerland - Fixed Income0.38%
    South Africa - Fixed Income0.35%
    Ireland - Fixed Income0.34%
    Israel - Fixed Income0.31%
    Indonesia - Fixed Income0.25%
    Peru - Fixed Income0.24%
    India - Fixed Income0.24%
    Hungary - Fixed Income0.20%
    Spain - Fixed Income0.18%
    Denmark - Fixed Income0.15%
    Norway - Fixed Income0.13%
    Australia - Fixed Income0.09%
    Netherlands - Fixed Income0.09%
    Japan - Fixed Income0.07%
    Argentina - Fixed Income0.05%
    Finland - Fixed Income0.01%
    New Zealand - Fixed Income0.00%
    Germany - Fixed Income-1.77%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W