Franklin Templeton Announces Distribution Rates for Putnam Closed-End Funds

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Jan 08 2025

0mins

PPT+0.83%

PMO-0.47%

PIM+0.46%

Should l Buy PPT?

Source: Newsfilter

Distributions Declared: The Putnam Funds have announced distributions for various trusts, including Putnam Master Intermediate Income Trust and Putnam Managed Municipal Income Trust, with payment dates set for February 3, 2025.
Dividend Sources: Estimates indicate that portions of the dividends from Putnam Master Intermediate Income Trust and Putnam Premier Income Trust are derived from accumulated net investment income and returns of capital, with final tax status information to be provided in January 2026.

Trade with 70% Backtested Accuracy

Stop guessing "Should I Buy PPT?" and start using high-conviction signals backed by rigorous historical data.

PPT

$3.65+Infinity%1D

Analyst Views on PPT

About PPT

Putnam Premier Income Trust (the Fund) is a non-diversified closed-end management investment company. The fund operates as a diversified fund. The fund seeks high current income consistent with the preservation of capital by allocating its investments among the United States Government sector, high yield sector and the international sector of the fixed-income securities market. The Fund's portfolio includes United States government agency mortgage obligations, United States treasury obligations, mortgage-backed securities, corporate bonds and notes, convertible bonds and notes, foreign government and agency bonds and notes, senior loans, asset-backed securities, common stocks, short-term investments, short-term investments and others. The fund may invest in higher-yielding, lower-rated bonds that may have a higher rate of default. It may also invest a significant portion of its assets in securitized debt instruments. The Fund’s investment manager is Putnam Investment Management, LLC.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Putnam Trusts Announce Monthly Distributions of $0.0131 and $0.0137 per Share

Dec 31 2025Yahoo Finance

Distribution Source Analysis: Putnam Master Intermediate Income Trust announces a monthly distribution of $0.0131 per share, with $0.0131 from accumulated net investment income, $0.0054 from short-term capital gains, and $0.0035 as a return of capital, indicating a diversified income structure for the trust.
Return of Capital Explanation: Putnam Premier Income Trust's distribution of $0.0137 per share includes $0.0123 as a return of capital, highlighting the trust's consideration of capital return in its distribution strategy, which may impact investors' tax planning.
Accounting Principles Impact: The sources and estimates of distributions are determined according to applicable accounting principles, which may differ from federal tax law characterization, potentially affecting investors' tax treatment and income expectations.
Future Disclosure: In January 2026, investors will receive final information regarding the federal tax status of distributions from the previous calendar year, ensuring transparency and aiding investors in financial planning.

Putnam Trusts Announce Monthly Distributions of $0.0163 and $0.0166 per Share

Nov 28 2025Newsfilter

Putnam Master Intermediate Income Trust: The trust announces a monthly distribution of $0.0163 per share, with $0.0163 sourced from accumulated net investment income and $0.0057 from short-term capital gains, indicating a stable income source for investors.
Putnam Premier Income Trust: This trust declares a monthly distribution of $0.0166 per share, which includes $0.0166 from accumulated net investment income, $0.0047 from short-term capital gains, and $0.0047 as a return of capital, showcasing flexibility in its diversified income structure.
Tax Treatment Variance: The sources of distributions are determined according to applicable accounting principles, which may differ from federal tax law characterization, necessitating investor awareness of potential tax implications to mitigate risks.
Future Disclosure: Investors will receive final information regarding the federal tax status of distributions from the previous calendar year in January 2026, ensuring transparency and aiding in tax planning for stakeholders.

Putnam Trusts Announce Monthly Distributions of $0.0163 and $0.0166 per Share

Nov 28 2025Businesswire

Distribution Source Analysis: Putnam Master Intermediate Income Trust announces a monthly distribution of $0.0163 per share, with $0.0163 derived from accumulated net investment income and $0.0057 from short-term capital gains, indicating a stable income source for the trust.
Tax Treatment Explanation: Putnam Premier Income Trust's distribution of $0.0166 per share includes $0.0166 from accumulated net investment income, $0.0047 from short-term capital gains, and $0.0047 as a return of capital, highlighting the complexity and uncertainty of dividend taxation.
Accounting Principles Impact: The sources and estimates of the dividends are determined according to applicable accounting principles, which may differ from those under federal tax law, emphasizing the need for investors to be aware of tax implications.
Future Disclosure: Final information regarding the federal tax status of distributions from the previous calendar year will be provided in January 2026, ensuring investors are informed about the tax impacts of their investments.