Putnam Investments Announces 19(a) Notices for Closed-End Funds

Rhea-AI Summary

Putnam Investments has announced 19(a) notices for distributions declared on July 1, 2024, for two closed-end funds: Putnam Master Intermediate Income Trust (PIM) and Putnam Premier Income Trust (PPT). The ex-date and record date for both funds is July 24, 2024, with a payment date of August 1, 2024. For PIM, a distribution of $0.0220 per share was declared, with $0.0175 from net investment income and $0.0045 as a return of capital. For PPT, a distribution of $0.0260 per share was declared, with $0.0207 from net investment income and $0.0053 as a return of capital.

The sources of these dividends are estimated in line with accounting principles and may differ from federal tax law characterizations. Final tax status information will be available in January 2025. Detailed fund information, including full holdings and portfolio statistics, will be updated monthly on Putnam's website.

BOSTON--(BUSINESS WIRE)-- Putnam Investments announces that 19(a) notices are available for the following distributions announced on July 1, 2024.

FUND NAME AND DISTRIBUTIONS*	EX DATE	RECORD DATE	PAYMENT DATE
Putnam Master Intermediate Income Trust (NYSE: PIM) (CUSIP: 746909-10-0)
$0.0220 per share	7/24/24	7/24/24	8/1/24
Putnam Premier Income Trust (NYSE:PPT) (CUSIP: 746853-10-0)
$0.0260 per share	7/24/24	7/24/24	8/1/24

* 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 putnam.com at the frequencies indicated: (1) Full holdings will be available monthly beginning on the 8^th 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

Putnam estimates that $0.0175 per share of Putnam Master Intermediate Income Trust’s dividend is paid from accumulated net investment income, and $0.0045 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

Putnam estimates that $0.0207 per share of Putnam Premier Income Trust’s dividend is paid from accumulated net investment income, and $0.0053 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/20240710887461/en/

PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581

Source: Putnam Investments

FAQ

What is the recent distribution for Putnam Master Intermediate Income Trust (PIM)?

Putnam Master Intermediate Income Trust (PIM) announced a distribution of $0.0220 per share, declared on July 1, 2024, with a payment date of August 1, 2024.

When is the ex-date and record date for the PIM distribution?

The ex-date and record date for the PIM distribution is July 24, 2024.

What portion of the PIM distribution is a return of capital?

For PIM, $0.0045 of the $0.0220 per share distribution is estimated to be a return of capital.

How much of the PIM distribution is from net investment income?

For PIM, $0.0175 of the $0.0220 per share distribution is estimated to be from net investment income.

What is the latest distribution for Putnam Premier Income Trust (PPT)?

Putnam Premier Income Trust (PPT) announced a distribution of $0.0260 per share, declared on July 1, 2024, with a payment date of August 1, 2024.

When is the ex-date and record date for the PPT distribution?

The ex-date and record date for the PPT distribution is July 24, 2024.

What portion of the PPT distribution is a return of capital?

For PPT, $0.0053 of the $0.0260 per share distribution is estimated to be a return of capital.

How much of the PPT distribution is from net investment income?

For PPT, $0.0207 of the $0.0260 per share distribution is estimated to be from net investment income.

When will the final tax status information for PIM and PPT be available?

The final tax status information for PIM and PPT distributions will be available in January 2025.

Where can I find detailed fund information for PIM and PPT?

Detailed fund information, including full holdings and portfolio statistics, can be found on Putnam's website and will be updated monthly.