Janney Montgomery Scott LLC Purchases New Holdings in PUTNAM MAST INT (NYSE:PIM)

Janney Montgomery Scott LLC acquired a new stake in PUTNAM MAST INT (NYSE:PIM - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 134,822 shares of the company's stock, valued at approximately $448,000. Janney Montgomery Scott LLC owned about 0.28% of PUTNAM MAST INT at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of PIM. Essential Planning LLC. acquired a new position in shares of PUTNAM MAST INT in the 4th quarter worth approximately $676,000. LPL Financial LLC raised its holdings in PUTNAM MAST INT by 8.4% in the 4th quarter. LPL Financial LLC now owns 50,777 shares of the company's stock valued at $166,000 after acquiring an additional 3,948 shares during the period. Sit Investment Associates Inc. increased its stake in PUTNAM MAST INT by 1.0% in the fourth quarter. Sit Investment Associates Inc. now owns 22,984,308 shares of the company's stock valued at $74,929,000 after acquiring an additional 223,036 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in PUTNAM MAST INT in the fourth quarter valued at approximately $236,000. Finally, 1607 Capital Partners LLC lifted its holdings in shares of PUTNAM MAST INT by 83.9% during the fourth quarter. 1607 Capital Partners LLC now owns 1,065,778 shares of the company's stock worth $3,474,000 after purchasing an additional 486,262 shares during the period. Institutional investors and hedge funds own 55.06% of the company's stock.

PUTNAM MAST INT Price Performance

Shares of NYSE PIM traded down $0.04 during trading on Monday, hitting $3.35. 18,886 shares of the company traded hands, compared to its average volume of 60,773. The business's fifty day moving average is $3.33 and its 200 day moving average is $3.30. PUTNAM MAST INT has a fifty-two week low of $3.14 and a fifty-two week high of $3.45.

PUTNAM MAST INT Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were paid a dividend of $0.022 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 7.88%. The ex-dividend date of this dividend was Monday, June 16th.

About PUTNAM MAST INT

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.