Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 179

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 179
---
to

receive

distributions

in

cash

but

may

enroll

in

a

Plan

at

any

time

by

contacting

the

Agent.

If

you

participate

in

a

Fund’s

Plan,

the

Agent

will

automatically

reinvest

subsequent

distributions,

and

the

Agent

will

send

you

a

confirmation

in

the

mail

telling

you

how

many

additional

shares

were

issued

to

your

account.

To

change

your

enrollment

status

or

to

request

additional

information

about

the

Plans,

you

may

contact

the

Agent

in

writing

at

P.O.

Box

43006

Providence,

RI

02940-3078

or

by

calling

the

Agent

at

1-888-888-0151.

#### How

#### you

#### acquire

#### additional

#### shares

#### through

#### a

#### Plan
If

the

market

price

per

share

for

your

Fund’s

shares

(plus

estimated

brokerage

commissions)

is

greater

than

or

equal

to

their

net

asset

value

per

share

on

the

payment

date

for

a

distribution,

you

will

be

issued

shares

of

the

Fund

at

a

value

equal

to

the

higher

of

the

net

asset

value

per

share

on

that

date

or

95%

of

the

market

price

per

share

on

that

date.

If

the

market

price

per

share

for

your

Fund’s

shares

(plus

estimated

brokerage

commissions)

is

less

than

their

net

asset

value

per

share

on

the

payment

date

for

a

distribution,

the

Agent

will

buy

Fund

shares

for

participating

accounts

in

the

open

market.

The

Agent

will

aggregate

open-market

purchases

on

behalf

of

all

participants,

and

the

average

price

(including

brokerage

commissions)

of

all

shares

purchased

by