PIM Stock Summary and Trading Ideas (Putnam Master Intermediate Income Trust | NYSE:PIM)

The fund seeks to provide high current income and relative stability of net asset value. The fund pursues its goal by investing in U.S. high-grade, high-yield, and international fixed-income securities with limited maturities.

Putnam Master Intermediate Income Trust trades on the NYSE stock market under the symbol PIM.

As of May 13, 2024, PIM stock price was flat at $3.19 with 32,814 million shares trading.

PIM has a beta of 0.46, meaning it tends to be less sensitive to market movements. PIM has a correlation of 0.44 to the broad based SPY ETF.

PIM has a market cap of $154.90 million. This is considered a Micro Cap stock.

In the last 3 years, PIM stock traded as high as $4.33 and as low as $2.90.

PIM has underperformed the market in the last year with a return of +10.0%, while the SPY ETF gained +27.8%. In the last 3 month period, PIM fell short of the market, returning +0.5%, while SPY returned +4.3%. However, in the most recent 2 weeks PIM has outperformed the stock market by returning +2.9%, while SPY returned +2.5%.

PIM support price is $3.16 and resistance is $3.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PIM stock will trade within this expected range on the day.