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Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Putnam Master Intermediate Income Trust

XPIMX | Fund

$3.40

$190 M

0.00%

1.01%

Vitals

YTD Return

-2.0%

1 yr return

-1.4%

3 Yr Avg Return

-4.5%

5 Yr Avg Return

-6.9%

Net Assets

$190 M

Holdings in Top 10

54.8%

52 WEEK LOW AND HIGH

$3.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.01%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 12/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Putnam Master Intermediate Income Trust

XPIMX | Fund

$3.40

$190 M

0.00%

1.01%

XPIMX - Profile

Distributions

  • YTD Total Return -2.0%
  • 3 Yr Annualized Total Return -4.5%
  • 5 Yr Annualized Total Return -6.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.35%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam Master Intermediate Income Trust
  • Fund Family Name
    Putnam
  • Inception Date
    Sep 26, 2001
  • Shares Outstanding
    50623132
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Scanlon

Fund Description

XPIMX - Performance

Return Ranking - Trailing

Period XPIMX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -12.6% 18.9% 96.13%
1 Yr -1.4% -13.6% 19.8% 96.59%
3 Yr -4.5%* -17.2% 13.3% 96.03%
5 Yr -6.9%* -15.2% 13.2% 98.93%
10 Yr -1.9%* -7.1% 6.9% 99.18%

* Annualized

Return Ranking - Calendar

Period XPIMX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.5% -12.0% 8.9% 93.97%
2022 -8.5% -31.8% 18.4% 23.30%
2021 -13.4% -16.2% 25.7% 99.02%
2020 -8.2% -31.1% 18.7% 93.94%
2019 4.7% -6.1% 15.3% 48.17%

Total Return Ranking - Trailing

Period XPIMX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -12.6% 18.9% 96.13%
1 Yr -1.4% -13.6% 19.8% 96.59%
3 Yr -4.5%* -17.2% 13.3% 96.03%
5 Yr -6.9%* -15.2% 13.2% 98.93%
10 Yr -1.9%* -7.1% 6.9% 99.18%

* Annualized

Total Return Ranking - Calendar

Period XPIMX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.5% -6.9% 22.2% 97.37%
2022 -8.5% -31.8% 21.1% 47.70%
2021 -13.4% -13.5% 49.9% 99.84%
2020 -8.2% -28.6% 24.1% 97.68%
2019 8.7% -4.8% 19.1% 50.10%

NAV & Total Return History

XPIMX - Holdings

Concentration Analysis

XPIMX Category Low Category High XPIMX % Rank
Net Assets 190 M 2.63 M 143 B 75.16%
Number of Holdings 1414 4 9638 15.13%
Net Assets in Top 10 28.7 M -204 M 89.4 B 83.62%
Weighting of Top 10 54.76% 5.8% 265.8% 21.54%

Top 10 Holdings

  1. 2 Year Treasury Note Future Dec 20 84.73%
  2. 2 Year Treasury Note Future Dec 20 84.73%
  3. 2 Year Treasury Note Future Dec 20 84.73%
  4. 2 Year Treasury Note Future Dec 20 84.73%
  5. 2 Year Treasury Note Future Dec 20 84.73%
  6. 2 Year Treasury Note Future Dec 20 84.73%
  7. 2 Year Treasury Note Future Dec 20 84.73%
  8. 2 Year Treasury Note Future Dec 20 84.73%
  9. 2 Year Treasury Note Future Dec 20 84.73%
  10. 2 Year Treasury Note Future Dec 20 84.73%

Asset Allocation

Weighting Return Low Return High XPIMX % Rank
Bonds 		102.04% 0.00% 199.60% 17.47%
Convertible Bonds 		4.36% 0.00% 33.50% 19.23%
Stocks 		0.18% -6.18% 99.68% 57.88%
Preferred Stocks 		0.00% 0.00% 21.58% 95.94%
Cash 		-0.97% -94.66% 99.97% 98.44%
Other 		-5.61% -75.22% 147.15% 94.85%

Stock Sector Breakdown

Weighting Return Low Return High XPIMX % Rank
Utilities 		0.00% 0.00% 100.00% 79.78%
Technology 		0.00% 0.00% 28.30% 78.65%
Real Estate 		0.00% 0.00% 100.00% 77.08%
Industrials 		0.00% 0.00% 100.00% 84.04%
Healthcare 		0.00% 0.00% 18.60% 77.30%
Financial Services 		0.00% 0.00% 100.00% 85.17%
Energy 		0.00% 0.00% 100.00% 30.56%
Communication Services 		0.00% 0.00% 100.00% 1.12%
Consumer Defense 		0.00% 0.00% 99.97% 78.43%
Consumer Cyclical 		0.00% 0.00% 89.95% 82.70%
Basic Materials 		0.00% 0.00% 100.00% 78.88%

Stock Geographic Breakdown

Weighting Return Low Return High XPIMX % Rank
US 		0.18% -6.18% 99.68% 55.85%
Non US 		0.00% -0.30% 17.73% 95.32%

Bond Sector Breakdown

Weighting Return Low Return High XPIMX % Rank
Securitized 		49.76% 0.00% 99.65% 15.94%
Government 		22.66% 0.00% 99.43% 25.76%
Corporate 		19.28% 0.00% 96.66% 70.53%
Cash & Equivalents 		7.96% 0.00% 94.89% 21.28%
Derivative 		0.33% -75.22% 147.15% 21.91%
Municipal 		0.00% 0.00% 54.26% 96.14%

Bond Geographic Breakdown

Weighting Return Low Return High XPIMX % Rank
US 		88.33% 0.00% 199.60% 34.32%
Non US 		13.71% 0.00% 74.14% 26.52%

XPIMX - Expenses

Operational Fees

XPIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.01% 0.03% 34.13% 59.72%
Management Fee 0.75% 0.00% 2.29% 73.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.70% N/A

Sales Fees

XPIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 1.50% N/A

Trading Fees

XPIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XPIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 632.00% 100.00%

XPIMX - Distributions

Dividend Yield Analysis

XPIMX Category Low Category High XPIMX % Rank
Dividend Yield 0.00% 0.00% 23.30% 98.61%

Dividend Distribution Analysis

XPIMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

XPIMX Category Low Category High XPIMX % Rank
Net Income Ratio 4.35% -1.55% 11.51% 13.95%

Capital Gain Distribution Analysis

XPIMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XPIMX - Fund Manager Analysis

Managers

Paul Scanlon

Start Date

Tenure

Tenure Rank

Mar 24, 2005

17.2

17.2%

Mr. Scanlon is a Co-Head of Fixed Income, specializing in global credit and tax-exempt strategies. He is responsible for managing all facets of the corporate credit investment process and overseeing Putnam's taxexempt team. In addition, he is accountable for the research, trading, and creation of stand-alone corporate credit portfolios as well as a number of multi-sector strategies. Mr. Scanlon joined Putnam in 1999 and has been in the investment industry since 1986. Paul is a CFA charterholder.

Michael Atkin

Start Date

Tenure

Tenure Rank

Oct 01, 2007

14.67

14.7%

Mr. Atkin is a Portfolio Manager in the Global Fixed Income group. He is responsible for managing coreglobal fixed income, emerging-market debt, fixed income global alpha, and global government strategies. In addition, he leads the macroeconomic discussions as part of the Portfolio Construction group and manages a team of analysts who evaluate government securities in G7 countries and emerging markets. Mr. Atkin joined Putnam in 1997 and has been in the investment industry since 1988.

Michael Salm

Start Date

Tenure

Tenure Rank

Apr 01, 2011

11.17

11.2%

Mr. Salm is a Co-Head of Fixed Income, specializing in liquid markets and securitized strategies. In this role, he oversees investment strategies related to mortgage and securitized products, interest-rate and volatility derivatives, and money markets. In addition, he manages trading operations and Putnam's Fixed Income quantitative teams. He is a portfolio manager of core global, core plus, global government, fixed income global alpha, and dedicated mortgage strategies, as well as fixed income hedge funds. Mr. Salm joined Putnam in 1997 and has been in the investment industry since 1989. Previously at Putnam, he served as a Portfolio Manager responsible for mortgage strategies in fixed income portfolios. Prior to joining Putnam, Mr. Salm was a Mortgage Specialist at BlackRock Financal Management from 1996 to 1997, a Vice President and Trader at Nomura Securities from 1994 to 1996, a Vice President and Structurer at Nikko Securities from 1993 to 1994, and an Analyst at Fitch Investor Services from 1991 to 1992. Mr. Salm earned a B.S. from Cornell University.

Brett Kozlowski

Start Date

Tenure

Tenure Rank

Jan 02, 2017

5.41

5.4%

Mr. Kozlowski is a Portfolio Manager in the Fixed Income Structured Credit group. He is responsible for developing investment strategies within securitized sectors, including agency mortgage-backed securities (MBS); non-agency residential mortgage-backed securities (RMBS); commercial mortgage-backed securities (CMBS); and asset-backed securities. In addition, he is a Portfolio Manager of Putnam Income Fund and assists in the management of several institutional client portfolios. He joined Putnam in 2008 and has been in the investment industry since 1997. Prior to joining Putnam, Mr. Kozlowski held roles of increasing responsibility at Fidelity Investmentsincluding Portfolio Manager from 2008 to 2006; Research Analyst from 2006 to 2003; Trader from 2001 to 2003; Portfolio Analyst from 2000 to 2001; and Research Associate from 1997 to 2000. He earned a B.S. from Massachusetts Institute of Technology.

Robert Davis

Start Date

Tenure

Tenure Rank

Jan 02, 2017

5.41

5.4%

Investment Officer Institutional Portfolio Manager As an Institutional Portfolio Manager, participates in the research process and strategy discussions. Assesses portfolio risk, customizes portfolios to client objectives and guidelines, and manages daily cash flows. Communicates investment policy, strategy, and positioning. Joined MFS in 2012 Previous experience includes 2 years as Director, North American Business Development at Numeric Investors, LLC; 1 year as Vice President, Business Development and Consultant Relations at Rampart Investments; 2 years as Investment Director, Non-US Equities at Pyramis Global Advisors; 4 years as Head of Equity Product Strategy & Institutional Portfolio Manager at State Street Research & Management Company; 6 years as Relationship Manager at Wellington Management Company; 7 years as Officer at The United States Army. Affiliations include Boston Security Analysts Society, Inc., CFA Institute. Babson College, MBA, summa cum laude Cornell University, BS, distinguished military graduate

Albert Chan

Start Date

Tenure

Tenure Rank

Jan 01, 2020

2.41

2.4%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.71 3.19

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