Putnam Master Intermediate Income Trust (NYSE:PIM) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. decreased its stake in Putnam Master Intermediate Income Trust (NYSE:PIM) by 72.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,115 shares of the company’s stock after selling 49,641 shares during the period. Landscape Capital Management L.L.C.’s holdings in Putnam Master Intermediate Income Trust were worth $65,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Shaker Financial Services LLC lifted its stake in shares of Putnam Master Intermediate Income Trust by 412.8% in the second quarter. Shaker Financial Services LLC now owns 237,727 shares of the company’s stock valued at $772,000 after purchasing an additional 191,369 shares during the period. Consolidated Portfolio Review Corp lifted its stake in shares of Putnam Master Intermediate Income Trust by 4.9% in the second quarter. Consolidated Portfolio Review Corp now owns 252,041 shares of the company’s stock valued at $813,000 after purchasing an additional 11,882 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Putnam Master Intermediate Income Trust by 9.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 812,604 shares of the company’s stock valued at $2,621,000 after purchasing an additional 69,175 shares during the period. FDx Advisors Inc. acquired a new position in Putnam Master Intermediate Income Trust during the second quarter worth about $77,000. Finally, WMG Financial Advisors LLC acquired a new position in Putnam Master Intermediate Income Trust during the second quarter worth about $64,000. Institutional investors and hedge funds own 55.06% of the company’s stock.

Putnam Master Intermediate Income Trust Stock Performance

Shares of PIM opened at $3.25 on Tuesday. The company has a 50-day moving average of $3.33 and a two-hundred day moving average of $3.28. Putnam Master Intermediate Income Trust has a 12-month low of $3.01 and a 12-month high of $3.45.

Putnam Master Intermediate Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 22nd will be given a dividend of $0.022 per share. This represents a $0.26 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date is Friday, November 22nd.

Putnam Master Intermediate Income Trust Profile

Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.