| Business Summary | | Putnam
Master
Income
Trust
(the
Fund)
is
a
diversified,
closed-end
management
investment
company.
The
investment
objective
of
the
Fund
is
to
seek
high
current
income
consistent
with
the
preservation
of
capital.
The
Fund
intends
to
diversify
its
investments
among
the
following
three
sectors
of
the
fixed-income
securities
market:
a
United
States
investment
grade
sector,
consisting
of
debt
obligations
of
the
United
States
government
and
investment-grade
United
States
corporate
bonds;
a
high-yield
sector,
consisting
of
high
yielding,
lower-rated
nited
States
corporate
fixed
income
securities;
and
an
international
sector,
consisting
of
obligations
of
foreign
governments,
their
agencies
and
instrumentalities
and
other
fixed-income
securities
denominated
in
foreign
currencies.
As
of
April
30,
2000,
the
allocation
in
the
high-yield,
United
States
investment-grade,
and
international
sectors
were
43.1%,
31.9%,
and
25.6%,
respectively,
of
the
Fund's
net
assets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Putnam
Master
Income
Trust
is
a
closed-end,
diversi-fied
investment
company
managed
by
Putnam
Management
Co.
The
fund
diversifies
its
investments
among
three
sectors,
the
government
sector,
a
high
yield
sector
and
an
international
sector.
Total
investment
income
for
the
six
months
ended
4/30/01
totaled
$18.5
million.
Net
investment
income
totaled
$16.7
million.
Net
increase
in
assets
resulting
from
operations
totaled
$9.9
million.
Net
asset
value
per
share
totaled
$6.99. | More
from
Market Guide: Significant
Developments |
| | |
| Position | George Putnam, 72 | Chairman
and Pres | John Hill, 57 | Vice
Chairman | William Pounds, 71 | Vice
Chairman | Jameson Baxter, 55 | Trustee | Hans Estin, 70 | Trustee |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|