Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 53

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 53
---
,

#### Apparel
#### &

#### Luxury

#### Goods

#### 0.1%
g

Flash

Charm,

Inc.,

First

Lien,

CME

Term

Loan,

B2,

7.796%,

(3-month

SOFR

+

3.5%),

3/02/28

......................

United

States

197,494

173,795

#### Water

#### Utilities

#### 0.0%
#### †

d,g

Deep

Blue

Operating

I

LLC,

First

Lien,

CME

Term

Loan,

7.009%,

(12-month

SOFR

+

3.25%),

9/17/32

....................

United

States

53,699

53,834

#### Total

#### Senior

#### Floating

#### Rate

#### Interests
**(Cost

$10,813,891)

........................**

#### 10,834,739

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### 11.2%
b

Armenia

Government

Bond

,

Senior

Bond

,

Reg

S,

3.6

%

,

2/02/31

Armenia

430,000

388,437

b

Benin

Government

Bond

,

Senior

Bond,

Reg

S,

4.875%,

1/19/32

..................

Benin

157,000

EUR

175,517

Senior

Bond,

Reg

S,

4.95%,

1/22/35

...................

Benin

460,000

EUR

497,955

Brazil

Government

Bond

,

Senior

Bond,

3.875%,

6/12/30

........................

Brazil

1,060,000

1,018,395

Senior

Bond,

6%,

10/20/33

...........................

Brazil

200,000

205,300

b

Bulgaria

Government

Bond

,

Senior

Note

,

Reg

S,

3.625

%

,

9/05/32

Bulgaria

280,000

EUR

339,071

b

Cameroon

Government

Bond

,

Senior

Bond

,

Reg

S,

5.95

%

,

7/07/32

.........................................

Cameroon

320,000

EUR

309,844

Chile

Government

Bond

,

Senior

Bond

,