Putnam Master Intermediate Income Trust (PIM) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PIM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PIM
PIM charges 1.09% annually. There are 123 mutual funds in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.16%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | — | Aug 2005 | PIM vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | PIM vs SSASX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | PIM vs EINFX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | PIM vs TIBDX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | PIM vs BCOIX |
Best Risk-Adjusted Alternatives to PIM
PIM has a PortfoliosLab risk / return rank of 5. There are 130 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 98 | — | Jul 2016 | PIM vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 95 | — | Jul 2010 | PIM vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 94 | — | Jul 2010 | PIM vs LCTRX | |
| MassMutual Diversified Bond Fund | 83 | — | May 1999 | PIM vs MDVAX | |
| GMO Multi-Sector Fixed Income Fund | 76 | — | Apr 1997 | PIM vs GUGAX |
Top Performing PIM Alternatives (YTD)
PIM is at -1.81% YTD. There are 132 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 3.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| 1290 Diversified Bond Fund | 3.04% | — | Jul 2015 | PIM vs TNUIX | |
| Putnam Mortgage Securities Fund | 2.76% | — | Feb 1984 | PIM vs PGSIX | |
| MassMutual Diversified Bond Fund | 2.59% | — | May 1999 | PIM vs MDVAX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | 2.33% | — | Sep 2007 | PIM vs SEATX | |
| Holbrook Income Fund Class I | 2.22% | — | Jul 2016 | PIM vs HOBIX |
Lowest Volatility Alternatives to PIM
PIM has 11.38% 1-year volatility. There are 132 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.11%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.11% | — | Jun 2017 | PIM vs AMFIX | |
| Archer Income Fund | 1.80% | — | Mar 2011 | PIM vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.95% | — | Jul 2010 | PIM vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 2.01% | — | Jul 2010 | PIM vs LCTIX | |
| Holbrook Income Fund Class I | 2.02% | — | Jul 2016 | PIM vs HOBIX |
Lowest Drawdown Alternatives to PIM
PIM has a 1-year max drawdown of -6.45%. There are 130 mutual funds in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.51% | — | Jul 2016 | PIM vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | PIM vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.16% | — | Apr 1997 | PIM vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | PIM vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | PIM vs LCTIX |
Other Mutual Funds from Putnam Investments
The 2 most viewed Putnam Investments mutual funds shown here include PCF, PPT and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| High Income Securities Fund | Convertible Bonds | 1 | -5.86% | — | Jul 1987 | PIM vs PCF | |
| Putnam Premier Income Trust | Multisector Bonds | 5 | 1.11% | — | Feb 1988 | PIM vs PPT |
Often Compared With PIM
Investors most often compare PIM with RCS, BILDX, LMSMX. These 11 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PIM with Any Fund or Stock
Compare PIM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PIM with funds that move differently
Putnam Master Intermediate Income Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PIM.
Explore PIM Diversifiers