SOURCE: Putnam Investments

Putnam Investments

March 12, 2010 08:30 ET

Putnam Announces Distribution Rates for Closed-End Funds

BOSTON, MA--(Marketwire - March 12, 2010) -  The Trustees of The Putnam Funds declared the following distributions today. 

    EX   RECORD   PAYMENT
FUND NAME AND DISTRIBUTIONS   DATE   DATE   DATE
             
Putnam High Income Securities Fund (NYSE: PCF)
(CUSIP: 746779-10-7)
           
$0.0439 per share investment income   03/22/10   03/24/10   04/01/10
             
Putnam Master Intermediate Income Trust (NYSE: PIM)
(CUSIP: 746909-10-0)
           
$0.0530 per share investment income   03/22/10   03/24/10   04/01/10
             
Putnam Premier Income Trust (NYSE: PPT)
(CUSIP: 746853-10-0)
           
$0.0570 per share investment income   03/22/10   03/24/10   04/01/10
             
Putnam Managed Municipal Income Trust (NYSE: PMM)
(CUSIP: 746-823-10-3)
           
$0.0440 per share investment income   03/22/10   03/24/10   04/01/10
             
Putnam Municipal Opportunities Trust (NYSE: PMO)
(CUSIP: 746922-10-3)
           
$0.0663 per share investment income   03/22/10   03/24/10   04/01/10

Section 19 Disclosure

High Income Securities
Putnam estimates that .0402 per share of the fund's dividend is paid from accumulated net investment income and .0037 per share represents a return of capital. These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates.

A non-taxable return of capital, if any, cannot be determined until after the end of the fund fiscal year. In January 2011, you will receive final information as to the Federal tax status of this and other distributions from the fund in the preceding calendar year.

Master Intermediate Trust
Putnam estimates that .0509 per share of the fund's dividend is paid from accumulated net investment income and .0021 per share is from foreign currency gain. These estimates and the sources of the fund's dividends and distributions are determined in accordance with accounting principles applicable to the fund. These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends are estimated at the time of declaration. Actual results will vary from these estimates. A non-taxable return of capital, if any, cannot be determined until after the end of the fund's fiscal year. In January 2011, you will receive final information as to the Federal tax status of this and other distributions from the fund in the preceding calendar year.