PUTNAM MASTER INTER INCOME T PIM
SH BEN INT · Closed-End Fund · CUSIP 746909100
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $3.39.
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 45 |
| Q4 2022 | 50 |
| Q1 2023 | 50 |
| Q2 2023 | 53 |
| Q3 2023 | 54 |
| Q4 2023 | 55 |
| Q1 2024 | 47 |
| Q2 2024 | 49 |
| Q3 2024 | 47 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 22 | 15 |
| Q1 2023 | 22 | 14 |
| Q2 2023 | 21 | 15 |
| Q3 2023 | 19 | 17 |
| Q4 2023 | 26 | 20 |
| Q1 2024 | 19 | 19 |
| Q2 2024 | 21 | 15 |
| Q3 2024 | 15 | 20 |
Biggest buyers
| SIT INVESTMENT ASSOCIATES INC | Added | +1.4m |
| ROYAL BANK OF CANADA | Added | +69.5k |
| STIFEL FINANCIAL CORP | Added | +32.8k |
| Consolidated Portfolio Review Corp | Added | +14.7k |
| Perigon Wealth Management, LLC | New | +14.5k |
| Fortitude Advisory Group L.L.C. | Added | +13.5k |
| COMERICA BANK | New | +9.2k |
| Stratos Wealth Partners, LTD. | Added | +2.5k |
| Planned Solutions, Inc. | New | +1.8k |
| MORGAN STANLEY | Added | +516 |
Biggest sellers
| Karpus Management, Inc. | Sold out | -780.2k |
| WELLS FARGO & COMPANY/MN | Reduced | -132.1k |
| Flow State Investments, L.P. | Sold out | -120.0k |
| Shaker Financial Services, LLC | Reduced | -102.5k |
| Allspring Global Investments Holdings, LLC | Reduced | -86.0k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Reduced | -49.6k |
| HUB Investment Partners, LLC | Reduced | -38.2k |
| FDx Advisors, Inc. | Sold out | -24.0k |
| Dakota Wealth Management | Sold out | -18.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -17.6k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| SIT INVESTMENT ASSOCIATES INC 13G · institution +1.0 pts · filed 2026-10-01 | 48.2% |
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 3 | $3.0k | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $998 | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-30 | Pillai Marie Director | Bought | —4 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 1.72% of their portfolio | 22.8m $77.2m | Added +1.4m |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 726.6k $2.5m | Reduced -86.0k |
| 1607 Capital Partners, LLC 0.18% of their portfolio | 579.5k $2.0m | Reduced -14.8k |
| Consolidated Portfolio Review Corp 0.20% of their portfolio | 266.8k $904.3k | Added +14.7k |
| MORGAN STANLEY 0.00% of their portfolio | 196.7k $666.9k | Added +516 |
| GILL CAPITAL PARTNERS, LLC 0.22% of their portfolio | 179.5k $608.5k | Added +328 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 153.0k $519.0k | Reduced -4.7k |
| Penbrook Management LLC 0.33% of their portfolio | 148.8k $504.3k | Reduced -1.2k |
| Shaker Financial Services, LLC 0.17% of their portfolio | 135.2k $461.4k | Reduced -102.5k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 115.9k $392.8k | Reduced -3.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 85.8k $290.0k | Added +69.5k |
| MELFA WEALTH MANAGEMENT, INC. 0.17% of their portfolio | 74.1k $251.2k | Unchanged |
| Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio | 66.3k $224.7k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 62.1k $210.0k | Reduced -2.1k |
| Fortitude Advisory Group L.L.C. 0.10% of their portfolio | 48.4k $163.9k | Added +13.5k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.01% of their portfolio | 47.2k $160.0k | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 46.8k $158.8k | Reduced -750 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 43.1k $146.2k | Added +32.8k |
| HUB Investment Partners, LLC 0.01% of their portfolio | 41.1k $139.3k | Reduced -38.2k |
| UBS Group AG 0.00% of their portfolio | 32.9k $111.5k | Reduced -3.1k |
| Bard Financial Services, Inc. 0.01% of their portfolio | 21.5k $73.0k | Unchanged |
| COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio | 20.4k $69.2k | Added +401 |
| WMG Financial Advisors, LLC 0.03% of their portfolio | 19.7k $66.8k | Unchanged |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.01% of their portfolio | 19.1k $64.8k | Reduced -49.6k |
| Stratos Wealth Partners, LTD. 0.00% of their portfolio | 19.1k $64.6k | Added +2.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 17.8k $60.5k | Reduced -13.5k |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 15.9k $53.8k | Added +285 |
| Koshinski Asset Management, Inc. 0.00% of their portfolio | 15.3k $51.9k | Unchanged |
| Perigon Wealth Management, LLC 0.00% of their portfolio | 14.5k $49.2k | New |
| Graves Light Lenhart Wealth, Inc. 0.01% of their portfolio | 14.3k $48.5k | Unchanged |
| WealthTrust Axiom LLC 0.01% of their portfolio | 13.6k $46.1k | Unchanged |
| SHUFRO ROSE & CO LLC 0.00% of their portfolio | 11.0k $35.5k | Unchanged |
| Gridiron Partners, LLC 0.02% of their portfolio | 10.5k $35.6k | Unchanged |
| Moors & Cabot, Inc. 0.00% of their portfolio | 10.0k $33.9k | Unchanged |
| WealthShield Partners, LLC 0.00% of their portfolio | 10.0k $34.1k | Unchanged |
| Key Financial Inc 0.01% of their portfolio | 9.5k $32.2k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 9.2k $31.2k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 8.0k $27.1k | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio | 7.6k $25.8k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 5.3k $18.1k | Reduced -132.1k |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 4.9k $16.6k | Unchanged |
| Planned Solutions, Inc. 0.00% of their portfolio | 1.8k $6.2k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1k $3.6k | Reduced -2.4k |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 772 $2.6k | Added +16 |
| FNY Investment Advisers, LLC 0.00% of their portfolio | 500 $1.0k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 400 $1.4k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |