Putnam Muni Opp Tr

Putnam Managed Municipal Income Trust (NYSE: PMM), Putnam Master Intermediate Income Trust (NYSE: PIM), Putnam Municipal Opportunities Trust (NYSE: PMO) and Putnam Premier Income Trust (NYSE: PPT) (each a “Fund” or together, the “Funds”) announced today upcoming name changes for the Funds, effective on or around July 15, 2026 (the “Effective Date”).

As of the Effective Date, each Fund will be renamed as follows.

Current Name

New Name

Putnam Managed Municipal Income Trust

Franklin Managed Municipal Income Trust

Putnam Master Intermediate Income Trust

Franklin Master Intermediate Income Trust

Putnam Municipal Opportunities Trust

Franklin Municipal Opportunities Trust

Putnam Premier Income Trust

Franklin Premier Income Trust

The name changes do not impact current Fund investment objectives, strategies, or policies. Additionally, each Fund’s ticker symbol and CUSIP will not change.

2026-05-15T00:00:00-04:00May 15th, 2026|

Disclosure: Views and opinions expressed are for informational and educational purposes only as of the date of production/writing/speaking and may change without notice at any time based on a multitude of factors. Speaker’s/presenter’s/author’s opinions are their own and may not necessarily represent the opinions of AICA, its Board, or its staff. Materials may contain “forward-looking” information that is not purely historical in nature, such as projections, forecasts, market return estimates, proposed or expected portfolio composition, and other items. Listed closed-end funds and business development companies trade on exchanges at prices that may be above or below their NAVs. There is no guarantee that an investor will be able to sell shares at a price greater than or equal to the purchase price or that a closed-end fund’s discount will narrow. Non-listed closed-end funds and business development companies do not offer investors daily liquidity but rather offer liquidity on a monthly, quarterly or semi-annual basis, often on a small percentage of shares. Closed-end funds often use leverage, which can increase the fund’s volatility (i.e., risk). Actual distribution amounts may vary with fund performance and other conditions. Past performance is no guarantee of future results. This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or an investment strategy, and is not provided in a fiduciary capacity. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Closed-end funds frequently trade at a discount to their net asset value (NAV).