Putnam Managed Municipal Income Trust, Putnam Master Intermediate Income Trust, Putnam Municipal Opportunities Trust and Putnam Premier Income Trust Announce Results of Annual Meeting of Shareholders

NEW YORK--(BUSINESS WIRE)--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) (a “Fund” individually or together, the “Funds”) announced today the results of the votes cast at each Fund’s annual meeting of shareholders held April 25, 2025.

Robert D. Agdern, Carol L. Colman, Anthony Grillo, Eileen A. Kamerick, Nisha Kumar, Peter Mason, Hillary A. Sale and Jane E. Trust were elected as trustees (“Trustees”) of PIM and PPT by holders of record of each Fund’s outstanding common shares of beneficial interest to hold office until the annual meeting of shareholders in the year 2026, or until their respective successors have been duly elected and qualified, or until they resign or are otherwise removed.

Carol L. Colman, Anthony Grillo, Eileen A. Kamerick, Nisha Kumar, Hillary A. Sale and Jane E. Trust were elected as Trustees of PMM and PMO by holders of record of each Fund’s outstanding preferred shares and common shares of beneficial interest, voting together as a single class, to hold office until the annual meeting of shareholders in the year 2026, or until their respective successors have been duly elected and qualified, or until they resign or are otherwise removed.

Robert D. Agdern and Peter Mason were elected as Trustees of PMM and PMO by holders of record of each Fund’s outstanding preferred shares to hold office until the annual meeting of shareholders in the year 2026, or until their respective successors have been duly elected and qualified, or until they resign or are otherwise removed.

In addition, the shareholders of each Fund voted to approve to fix the number of Trustees of each Fund at eight.

Contact the Fund at 1-888-777-0102 for more information, or visit a Fund’s web site at https://www.franklintempleton.com/investments/options/closed-end-funds. The information contained on the Fund’s web site is not part of this press release. Hard copies of a Fund’s complete audited financial statements are available free of charge upon request.

Data and commentary provided in this press release are for informational purposes only. Franklin Resources, Inc. and its affiliates do not engage in selling shares of the Funds.

Each Fund’s shares are traded on the New York Stock Exchange. Similar to stocks, such Funds’ share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than the original investment. Shares of closed-end funds often trade at a discount to their net asset value, and can increase an investor’s risk of loss. All investments are subject to risk, including the risk of loss.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

About Franklin Templeton

Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.53 trillion in assets under management as of March 31, 2025. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.

Category: Fund Announcement

Source: Legg Mason Closed End Funds