Franklin Master Intermediate Income (PIM) vs WhiteHorse Finance (WHF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
WhiteHorse Finance (WHF) has outperformed Franklin Master Intermediate Income (PIM) over the past year, gaining 1.2% versus a loss of 12.3%. Over five years, PIM leads with a -26.5% price change compared with -56.4% for WHF. WhiteHorse Finance is the larger company by market cap ($149.9 million vs $143.6 million), about 1.0 times the size.
On valuation, WhiteHorse Finance trades at a lower trailing P/E (8.9x vs 14.9x for Franklin Master Intermediate Income). WhiteHorse Finance offers the higher dividend yield (16.26% vs 8.86%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PIM | WHF |
|---|---|---|
| Share price | $2.98 | $6.98 |
| Market cap | $143.59M | $149.91M |
| 1-day change | -0.67% | +0.87% |
| YTD return | -10.48% | -0.43% |
| 1-year return | -12.32% | +1.17% |
| 5-year return | -26.54% | -56.40% |
| P/E ratio (TTM) | 14.90 | 8.95 |
| Forward P/E | — | 7.14 |
| EPS (TTM) | $0.20 | $0.78 |
| Dividend yield | 8.86% | 16.26% |
| Annual dividend | $0.264 | $1.14 |
| 52-week high | $3.43 | $7.84 |
| 52-week low | $2.95 | $6.07 |
| Distance from 52-week high | -13.12% | -10.97% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +12.18% |
| Average volume | 63.12K | 73.78K |
| Shares outstanding | 48.18M | 21.48M |
| Sector | Finance | Finance |
| Industry | Finance Companies | Finance Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- WHF has outperformed PIM by 13.5 percentage points over the past year.
- Franklin Master Intermediate Income trades at a higher earnings multiple (14.9x vs 8.9x trailing P/E).
- WhiteHorse Finance offers a meaningfully higher dividend yield (16.26% vs 8.86%).
About Franklin Master Intermediate Income
PIM stock →Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited.
Finance · Finance Companies
About WhiteHorse Finance
WHF stock →WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries.
Finance · Finance Companies
PIM vs WHF FAQ
Which is bigger, Franklin Master Intermediate Income or WhiteHorse Finance?
WhiteHorse Finance (WHF) is larger, with a market capitalization of $149.91M compared with $143.59M for Franklin Master Intermediate Income (PIM).
Which stock has performed better over the past year, PIM or WHF?
WHF returned +1.17% over the past 12 months, compared with -12.32% for PIM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PIM or WHF?
WHF has the lower trailing P/E at 8.9, versus 14.9 for PIM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Franklin Master Intermediate Income or WhiteHorse Finance?
WhiteHorse Finance has the higher yield at 16.26%, compared with 8.86% for Franklin Master Intermediate Income.
Are Franklin Master Intermediate Income and WhiteHorse Finance in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.