Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 102

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 102
---
part

of

these

### financial
statements.

Annual

Report

39

#### Putnam

#### Master

#### Intermediate

#### Income

#### Trust
Assets:

Investments

in

securities:

Cost

-

Unaffiliated

issuers

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

$176,983,411

Cost

-

Non-controlled

affiliates

(Note

3e)

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

18,264,085

Value

-

Unaffiliated

issuers

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

$178,442,254

Value

-

Non-controlled

affiliates

(Note

3e

)

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

18,303,208

Cash

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

1,183,874

Receivables:

Investment

securities

sold

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

394,660

Receivable

for

sales

of

TBA

securities

(Note

1d)

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

3,874,297

Dividends

and

interest

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

1,340,736

Deposits

with

brokers

for:

Centrally

cleared

swap

contracts

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

2,486,114

Variation

margin

on

centrally

cleared

swap

contracts

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

46,287

OTC

swap

contracts

(upfront

payments

)

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

1,117,539

Unrealized

appreciation

on

OTC

forward

exchange

contracts

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

97,454

Unrealized

appreciation

on

forward

premium

swap

option

contracts

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

868,678

Unrealized

appreciation

on

OTC

swap

contracts

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

358,010

Unrealized

appreciation

on

unfunded

loan

commitments

(Note

8

)

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

74

Prepaid

expenses

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

64,406

Other

assets

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

765

Total

assets

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

208,578,356

Liabilities:

Payables:

Investment

securities

purchased

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

2,518,805

Payable

for

purchases

of

TBA

securities

(Note

1d)

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

28,742,422

### Management
fees

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

310,197

Administrative

fees

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

1,096

Transfer