Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 38

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 38
---
.8%
b

Cleveland-Cliffs,

Inc.

,

Senior

Note,

144A,

7%,

3/15/32

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

United

States

92,000

93,032

Senior

Note,

144A,

7.625%,

1/15/34

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

United

States

50,000

51,553

Commercial

Metals

Co.

,

Senior

Bond

,

4.375

%

,

3/15/32

.......

United

States

267,000

252,193

b

Constellium

SE

,

Senior

Note,

Reg

S,

3.125%,

7/15/29

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

United

States

300,000

EUR

343,716

Senior

Note,

144A,

6.375%,

8/15/32

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

United

States

250,000

255,748

b

Novelis

Corp.

,

Senior

Note

,

144A,

6.875

%

,

1/30/30

..........

United

States

198,000

205,485

1,201,727

#### Multi-Utilities

#### 0.1%
Ameren

Corp.

,

Senior

Note

,

5

%

,

1/15/29

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

United

States

170,000

173,882

#### Oil,

#### Gas
#### &

#### Consumable

#### Fuels

#### 3.1%
b

Aker

BP

ASA

,

Senior

Note

,

144A,

5.6

%

,

6/13/28

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

Norway

205,000

211,513

b

Antero

Resources

Corp.

,

Senior

Note

,

144A,

5.375

%

,

3/01/30

..

United

States

250,000

251,638

b

Crescent

Energy

Finance

LLC

,

Senior

Note

,

144A,

8.375

%

,

1/15/34

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

United

States

195,000

197,743

Energy

Transfer

LP

,

Senior

Bond

,

5.25

%

,

4/15/29

...........

United

States

410,000

421,940

b

Hess

Midstream

### Operations
LP

,

Senior

Note,

144A,

5.875%,

3