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

Rhea-AI Summary

Putnam Investments has issued 19(a) notices for distributions announced on August 6, 2024, for two closed-end funds: Putnam Master Intermediate Income Trust (NYSE: PIM) and Putnam Premier Income Trust (NYSE: PPT). The distribution for PIM is $0.0220 per share, while for PPT, it is $0.0260 per share. Both have an ex-date and record date of September 24, 2024, with payment on October 1, 2024. These distributions may include ordinary income, tax-exempt income, net capital gains, or a return of capital. Estimates suggest that for PIM, $0.0180 per share is from net investment income and $0.0040 is a return of capital. For PPT, $0.0206 per share is from net investment income and $0.0054 is a return of capital. Final tax information will be provided in January 2025.

BOSTON--(BUSINESS WIRE)-- Putnam Investments announces that 19(a) notices are available for the following distributions announced on August 6, 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		9/24/24		9/24/24		10/1/24
Putnam Premier Income Trust (NYSE:PPT) (CUSIP: 746853-10-0)
$0.0260 per share		9/24/24		9/24/24		10/1/24

* 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 $0.0180 per share of Putnam Master Intermediate Income Trust’s dividend is paid from accumulated net investment income, and $0.0040 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 $0.0206 per share of Putnam Premier Income Trust’s dividend is paid from accumulated net investment income, and $0.0054 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/20240911560471/en/

PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581

Source: Putnam Investments

FAQ

What are the distribution details for Putnam Master Intermediate Income Trust (NYSE: PIM)?

Putnam Master Intermediate Income Trust (PIM) has a distribution of $0.0220 per share, with an ex-date and record date of September 24, 2024, and a payment date of October 1, 2024.

What are the distribution details for Putnam Premier Income Trust (NYSE: PPT)?

Putnam Premier Income Trust (PPT) has a distribution of $0.0260 per share, with an ex-date and record date of September 24, 2024, and a payment date of October 1, 2024.

How are the distributions for Putnam Master Intermediate Income Trust (PIM) estimated?

The distribution for PIM is estimated to include $0.0180 from net investment income and $0.0040 as a return of capital.

How are the distributions for Putnam Premier Income Trust (PPT) estimated?

The distribution for PPT is estimated to include $0.0206 from net investment income and $0.0054 as a return of capital.

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

Final tax information for PIM and PPT distributions will be provided in January 2025.