PIMRX

Putnam Intermediate-Term Municipal Income Fund

Overall Morningstar Rating

As of 06/30/2025

Rating Category: Muni National Intermediate

The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Morningstar Style Box

As of 05/31/2025

Source: Morningstar®. The style box reveals a fund's investment style. For equity funds, the vertical axis shows the market capitalization of the long stocks owned, and the horizontal axis shows the investment style (value, blend, or growth). For fixed income funds, the vertical axis shows the credit quality based on credit ratings and the horizontal axis shows interest-rate sensitivity as measured by effective duration. Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.

Historical Morningstar Ratings

As of 06/30/2025

Years	3
Ratings
Number of Funds In Category	266

Years	5
Ratings
Number of Funds In Category	245

Years	10
Ratings
Number of Funds In Category	180

©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

See the risks and other important information.

Overview

Tax Information

Federal ID Number 46-1588799

For information on tax years prior to 2008, please contact us

These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.

Distributions per Share ($)

Record Date	Ordinary Dividends	Qualified Dividends	Capital Gain Distributions	Unrecaptured Section 1250 Gain	Non-Taxable Return Of Capital	Section 199a Dividends	Foreign Tax Paid	Exempt Interest Dividends	Interest on Tax Reclaim Refunds
Jan 31	0.002626	—	—	—	—	—	—	0.02116	—
Feb 29	0.002707	—	—	—	—	—	—	0.021816	—
Mar 28	0.002656	—	—	—	—	—	—	0.021402	—
Apr 30	0.002587	—	—	—	—	—	—	0.020848	—
May 31	0.002792	—	—	—	—	—	—	0.022498	—
Jun 28	0.002498	—	—	—	—	—	—	0.020131	—
Jul 31	0.002752	—	—	—	—	—	—	0.022177	—
Aug 30	0.002889	—	—	—	—	—	—	0.02328	—
Sep 30	0.002668	—	—	—	—	—	—	0.021499	—
Oct 31	0.002843	—	—	—	—	—	—	0.022912	—
Nov 29	0.00292	—	—	—	—	—	—	0.023525	—
Dec 31	0.001772	—	—	—	—	—	—	0.023879	—
	0.031711	—	—	—	—	—	—	0.265126	—

Record Date

Jan 31

Ordinary Dividends

0.002626

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.02116

Interest on Tax Reclaim Refunds

—

Record Date

Feb 29

Ordinary Dividends

0.002707

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.021816

Interest on Tax Reclaim Refunds

—

Record Date

Mar 28

Ordinary Dividends

0.002656

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.021402

Interest on Tax Reclaim Refunds

—

Record Date

Apr 30

Ordinary Dividends

0.002587

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.020848

Interest on Tax Reclaim Refunds

—

Record Date

May 31

Ordinary Dividends

0.002792

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.022498

Interest on Tax Reclaim Refunds

—

Record Date

Jun 28

Ordinary Dividends

0.002498

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.020131

Interest on Tax Reclaim Refunds

—

Record Date

Jul 31

Ordinary Dividends

0.002752

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.022177

Interest on Tax Reclaim Refunds

—

Record Date

Aug 30

Ordinary Dividends

0.002889

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.02328

Interest on Tax Reclaim Refunds

—

Record Date

Sep 30

Ordinary Dividends

0.002668

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.021499

Interest on Tax Reclaim Refunds

—

Record Date

Oct 31

Ordinary Dividends

0.002843

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.022912

Interest on Tax Reclaim Refunds

—

Record Date

Nov 29

Ordinary Dividends

0.00292

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.023525

Interest on Tax Reclaim Refunds

—

Record Date

Dec 31

Ordinary Dividends

0.001772

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.023879

Interest on Tax Reclaim Refunds

—

Record Date

Ordinary Dividends

0.031711

Qualified Dividends

—

Capital Gain Distributions

—

Unrecaptured Section 1250 Gain

—

Non-Taxable Return Of Capital

—

Section 199a Dividends

—

Foreign Tax Paid

—

Exempt Interest Dividends

0.265126

Interest on Tax Reclaim Refunds

—

Supplemental Tax Information

Foreign Source Income

—

Foreign Source Qualified Dividends

—

Direct U.S. Government Obligations

—

Specified Private Activity Bond Interest

19.80%

Dividends Received Deduction

—

Section 163(j)

—

Indiana Resident Taxable Income

84.89%

Utah Resident Taxable Income

71.06%

Tax-Exempt Income By Jurisdiction

Alabama

0.99%

Alaska

0.43%

Arizona

0.81%

California

17.07%

Colorado

3.23%

Dist. of Columbia

1.11%

Florida

4.56%

Georgia

1.18%

Illinois

5.42%

Indiana

0.82%

Kentucky

4.14%

Louisiana

0.86%

Maryland

0.43%

Michigan

1.81%

Minnesota

2.02%

Missouri

1.44%

Nevada

1.73%

New Jersey

0.79%

New Mexico

0.48%

New York

12.16%

Ohio

2.45%

Oklahoma

0.94%

Pennsylvania

6.80%

Puerto Rico

1.33%

South Carolina

0.52%

Tennessee

4.29%

Texas

14.90%

Utah

1.57%

Washington

5.72%

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Important Information

Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.

Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.

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Important data provider notices and terms available at www.franklintempletondatasources.com.

Performance data quoted represents past performance, which does not guarantee future results.

Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.

Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.

			High	Quality
			Medium
			Low
LTD	MOD	EXT
Duration

PIMRX

Putnam Intermediate-Term Municipal Income Fund

Overall Morningstar Rating

Morningstar Style Box

Historical Morningstar Ratings

Overview

Tax Information

Federal ID Number 46-1588799

Distributions per Share ($)

Supplemental Tax Information

Tax-Exempt Income By Jurisdiction

Documents

Fund Literature

Regulatory Documents

Important Information