Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 84

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 84
---
%,

4/02/26

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

Canada

850,000

850,295

#### Total

#### Certificates

#### of

#### Deposit
**(Cost

$2,400,000)**

#### ................................

#### 2,401,344
a

#### a

#### a

#### Commercial

#### Papers

#### 1.4%
b

Commonwealth

Bank

of

Australia

,

144A,

4.51

%

,

4/09/26

......

Australia

750,000

750,036

b,c

NRW

Bank

,

144A,

4.06%

,

10/02/25

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

Germany

750,000

749,831

b

Royal

Bank

of

Canada

,

144A,

4.4

%

,

3/23/26

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

Canada

850,000

850,384

#### Total

#### Commercial

#### Papers
**(Cost

$2,349,911)**

#### ...................................

#### 2,350,251
a

#### a

#### a

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### 1.2%
c

U.S.

Treasury

Bills

,

n

2.01%,

10/02/25

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

United

States

1,300,000

1,299,855

3.83%,

1/20/26

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

United

States

800,000

790,589

2,090,444

#### Total

#### U.S.

#### Government

#### and

#### Agency

#### Securities
**(Cost

$2,090,432)**

#### ................

#### 2,090,444

#### Shares

### Management

#### Investment

#### Companies

#### 5.0%
a,o

Putnam

Short

Term

Investment

Fund,

Class

P,

4.364%

.......

United

States

8,288,989

8,288,989

#### Total

### Management

#### Investment

#### Companies
**(Cost

$8,288,989)**

#### ...................

#### 8,288,989
Putnam

Master

Intermediate

Income

Trust

Schedule

of

Investments

franklintempleton.com

Annual

Report

The

accompanying

notes

are

an

integral

part

of

these

### financial
statements