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CORRECTING and REPLACING Franklin Templeton Announces Distribution Rates for Putnam Closed-End Funds

1. PIM announced a distribution of $0.0220 per share for April 2025. 2. The EX DATE for dividend distribution has been corrected to April 17, 2025.

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FAQ

Why Bullish?

Regular dividends can attract investors, enhancing share demand; historical examples include other funds boosting prices post-announcement.

How important is it?

Regular distributions signal financial stability, suggesting potential growth in investor confidence and price performance.

Why Short Term?

Immediate benefits from the upcoming distribution may increase buying interest until payment date.

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FLOOR
BOSTON--(BUSINESS WIRE)--The dates in the EX DATE column should read 4/17/25 (instead of 4/7/25). The updated release reads: FRANKLIN TEMPLETON ANNOUNCES DISTRIBUTION RATES FOR PUTNAM CLOSED-END FUNDS The Trustees of The Putnam Funds have declared the following distributions. 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   4/17/25 4/17/25 4/30/25           Putnam Managed Municipal.

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