Franklin Advisers, Inc. Announces Distributions for Putnam Closed-End Funds for the Months of December 2025, January and February 2026

Franklin Advisers, Inc. announced today that The Putnam Closed-End Funds have declared their distributions for the months of December 2025, January and February 2026.

The following dates apply to the distribution schedule below:

Month	Record Date	Ex-Dividend Date	Payable Date
December	12/15/2025	12/15/2025	12/31/2025
January	1/23/2026	1/23/2026	1/30/2026
February	2/20/2026	2/20/2026	2/27/2026

Ticker	Fund Name	Month	Amount		Change from Previous Distribution
PIM	Putnam Master Intermediate Income Trust	December January	$0.0220 $0.0220		-
		February	$0.0220
PMM	Putnam Managed Municipal Income Trust	December January	$0.0265 $0.0265		-
		February	$0.0265
PMO	Putnam Municipal Opportunities Trust	December January