Franklin Templeton Announces 19(a) Notices for Closed-End Funds

Rhea-AI Summary

Franklin Templeton has announced 19(a) notices for two closed-end funds. Putnam Master Intermediate Income Trust (PIM) will distribute $0.0220 per share, with $0.0165 from net investment income and $0.0055 as return of capital. The distribution will be paid on December 2, 2024, with an ex-date and record date of November 22, 2024.

Fund information will be available on Franklin Templeton's website, including monthly full holdings (8th business day after month-end) and top 10 holdings with portfolio statistics (approximately 15 days after month-end). Final federal tax status information for these distributions will be provided in January 2025.

BOSTON--(BUSINESS WIRE)-- Franklin Templeton announces that 19(a) notices are available for the following distributions announced on October 28, 2024.

		EX		RECORD		PAYMENT
FUND NAME AND DISTRIBUTIONS*		DATE		DATE		DATE
Putnam Master Intermediate Income Trust (NYSE: PIM) (CUSIP: 746909-10-0)
$0.0220 per share		11/22/24		11/22/24		12/2/24
Putnam Premier Income Trust (NYSE:PPT) (CUSIP: 746853-10-0)
$0.0260 per share		11/22/24		11/22/24		12/2/24

* Distributions may be comprised of ordinary and/or tax-exempt income, net capital gains and/or a return of capital of your investment in the Fund.

The funds periodically provide fund-related information on their websites. The following information will be available for each fund at www.franklintempleton.com at the frequencies indicated: (1) Full holdings will be available monthly beginning on the 8th business day after the end of each month; (2) Top 10 holdings and additional portfolio statistics will be available monthly, approximately 15 days after month-end.

19(a) NOTICES

Putnam Master Intermediate Income Trust

The Fund estimates that $0.0165 per share of Putnam Master Intermediate Income Trust’s dividend is paid from accumulated net investment income, and $0.0055 per share represents a return of capital. These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates. A non-taxable return of capital, if any, cannot be determined until after the end of the fund's fiscal year. In January 2025, you will receive final information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

Putnam Premier Income Trust

The Fund estimates that $0.0201 per share of Putnam Premier Income Trust’s dividend is paid from accumulated net investment income, and $0.0059 per share represents a return of capital. These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates. A non-taxable return of capital, if any, cannot be determined until after the end of the fund's fiscal year. In January 2025, you will receive final information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241107579142/en/

PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581

Source: Franklin Templeton

FAQ

What is the distribution amount for PIM stock announced for December 2024?

Putnam Master Intermediate Income Trust (PIM) announced a distribution of $0.0220 per share, payable on December 2, 2024.

How is PIM's December 2024 distribution broken down?

The distribution consists of $0.0165 per share from accumulated net investment income and $0.0055 per share representing a return of capital.

When is the ex-date and record date for PIM's December 2024 distribution?

Both the ex-date and record date for PIM's distribution are November 22, 2024.

When will shareholders receive tax information for PIM's 2024 distributions?

Shareholders will receive final federal tax status information for 2024 distributions in January 2025.