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Putnam Funds board to give up CEFs to Franklin directors

03/13/2025

The Putnam Funds board is proposing that oversight responsibility for the four closed-end funds under its purview be moved to the Franklin CEF board. The plan to cluster all closed-end funds under a single board—on which shareholders will vote next month—is designed to improve the consistency and efficiency of the governance ... Log in to view full article.

 


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