Gill Capital Partners LLC Sells 4,712 Shares of Putnam Master Intermediate Income Trust (NYSE:PIM)

Gill Capital Partners LLC lowered its stake in shares of Putnam Master Intermediate Income Trust (NYSE:PIM) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 174,787 shares of the company’s stock after selling 4,712 shares during the quarter. Gill Capital Partners LLC owned approximately 0.36% of Putnam Master Intermediate Income Trust worth $570,000 as of its most recent SEC filing.

Separately, Consolidated Portfolio Review Corp raised its stake in shares of Putnam Master Intermediate Income Trust by 5.8% in the third quarter. Consolidated Portfolio Review Corp now owns 266,762 shares of the company’s stock valued at $904,000 after buying an additional 14,721 shares during the period. 55.06% of the stock is owned by institutional investors and hedge funds.

Putnam Master Intermediate Income Trust Stock Performance

PIM stock opened at $3.28 on Friday. The stock has a fifty day moving average of $3.27 and a 200-day moving average of $3.30. Putnam Master Intermediate Income Trust has a fifty-two week low of $3.04 and a fifty-two week high of $3.45.

Putnam Master Intermediate Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be given a dividend of $0.022 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.26 dividend on an annualized basis and a yield of 8.05%.

About Putnam Master Intermediate Income Trust

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.