Putnam: Putnam Investments Announces Transfer of Closed-End Fund Management Contracts to Franklin Advisers

(marketscreener.com) Effective July 15, 2024, Putnam Investment Management, LLC has transferred its management contracts with the Putnam closed-end funds to Franklin Advisers, Inc. . Both Putnam Management and Franklin Advisers are wholly-owned subsidiaries of Franklin Resources, Inc. . As part of the Transfer, Franklin Advisers has replaced Putnam Management as...https://www.marketscreener.com/quote/stock/PUTNAM-MASTER-INTERMEDIAT-14012/news/Putnam-Investments-Announces-Transfer-of-Closed-End-Fund-Management-Contracts-to-Franklin-Advisers-47422213/?utm_medium=RSS&utm_content=20240719