Putnam Closed-End Funds Announce Renewal of Current Share Repurchase Program
NEW YORK, September 30, 2024--The Putnam closed-end funds, managed by Franklin Advisers, Inc., announced today that the Trustees of the Putnam Funds have authorized the Putnam closed-end funds to renew the current share repurchase program, allowing each Putnam closed-end fund, during the 365-day period beginning October 1, 2024 and ending September 30, 2025, to repurchase at a discount to net asset value up to 10% of its outstanding common shares (based on common shares outstanding as of Septemb