Transform Wealth LLC Takes $555,000 Position in Putnam Master Intermediate Income Trust (NYSE:PIM)

Transform Wealth LLC purchased a new position in shares of Putnam Master Intermediate Income Trust (NYSE:PIMFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 169,225 shares of the company’s stock, valued at approximately $555,000. Transform Wealth LLC owned about 0.35% of Putnam Master Intermediate Income Trust at the end of the most recent reporting period.

Separately, Stifel Financial Corp boosted its stake in Putnam Master Intermediate Income Trust by 317.7% in the third quarter. Stifel Financial Corp now owns 43,122 shares of the company’s stock worth $146,000 after purchasing an additional 32,798 shares in the last quarter. 55.06% of the stock is owned by institutional investors and hedge funds.

Putnam Master Intermediate Income Trust Stock Performance

Shares of NYSE:PIM opened at $3.28 on Wednesday. The business has a fifty day moving average of $3.27 and a 200-day moving average of $3.31. Putnam Master Intermediate Income Trust has a twelve month low of $3.04 and a twelve month high of $3.45.

Putnam Master Intermediate Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be given a $0.022 dividend. This represents a $0.26 annualized dividend and a yield of 8.05%. The ex-dividend date of this dividend is Friday, January 24th.

Putnam Master Intermediate Income Trust Profile

(Free Report)

Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.

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Institutional Ownership by Quarter for Putnam Master Intermediate Income Trust (NYSE:PIM)

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