Company: PIM
Filing Date: 2025-12-01
Form Type: N-CSR
Source: 0001133228-25-012988
Chunk: 59

Company: PUTNAM MASTER INTERMEDIATE INCOME TRUST
Filing Date: 2025-12-01
Form: N-CSR
Chunk 59
---
,

3/15/43

.

..

United

States

250,000

250,659

3,638,310

a

a

a

a

a

a

#### Total

#### Asset-Backed

#### Securities
**(Cost

$3,683,991)

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

#### 3,638,310

#### Commercial

#### Mortgage-Backed

#### Securities

#### 10.0%

### Financial

#### Services

#### 10.0%
j,k

BANK

,

2020-BN30,

XA,

IO,

FRN,

1.366%,

12/15/53

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

United

States

2,984,524

146,888

2024-BNK48,

XA,

IO,

FRN,

1.35%,

10/15/57

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

United

States

4,505,429

366,926

j,k

BANK5

Trust

,

2024-5YR10,

XA,

IO,

FRN,

1.401%,

10/15/57

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

United

States

6,908,248

286,197

2024-5YR12,

XA,

IO,

FRN,

0.695%,

12/15/57

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

United

States

5,934,516

113,285

2024-5YR7,

XA,

IO,

FRN,

1.57%,

6/15/57

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

United

States

5,186,517

223,509

j,k

BBCMS

Mortgage

Trust

,

2022-C14,

XA,

IO,

FRN,

0.808%,

2/15/55

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

United

States

4,802,333

156,790

2024-5C29,

XA,

IO,

FRN,

1.822%,

9/15/57

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

United

States

7,477,506

409,406

2024-C26,

XA,

IO,

FRN,

1.241%,

5/15/57

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

United

States

2,632,033

188,821

2025-C32,

XA,

IO,

FRN,

1.356%,

2/15/62

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

United

States

2,125,037

178,792

j,k

Benchmark

Mortgage

Trust