Franklin Master Intermediate Income Trust
Sponsor: Franklin Templeton · Inception Apr 19, 1988 · Pays monthly
Market priceShare price
$3.02
-0.98% ($-0.03)
NAVAsset value per share
$3.27
as of Oct 15, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
7.65% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
8.74%
regular, annualised · on NAV 8.07%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:41 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 27, 2026. 734 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Mortgage-backed | 43.99% | $87.7M |
| Debt | 41.50% | $82.7M |
| Loans | 4.81% | $9.6M |
| OTHER | 3.59% | $7.2M |
| ABS (other) | 2.66% | $5.3M |
| CDO/CLO | 1.48% | $2.9M |
| Derivative (interest rate) | 1.40% | $2.8M |
| Derivative (credit) | 0.27% | $542K |
| Short-term investment vehicle | 0.26% | $521K |
| Derivative (FX) | 0.04% | $89.4K |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 83.66% | $167M |
| Cayman Islands | 1.15% | $2.3M |
| Bermuda | 1.14% | $2.3M |
| Canada | 1.05% | $2.1M |
| France | 0.69% | $1.4M |
| Netherlands | 0.68% | $1.4M |
| RO | 0.49% | $986K |
| Türkiye | 0.48% | $950K |
| Brazil | 0.47% | $935K |
| United Kingdom | 0.44% | $871K |
| Luxembourg | 0.44% | $871K |
| Jersey | 0.43% | $864K |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 83.66% | $167M |
| Other | 4.44% | $8.9M |
| Developed Europe | 3.94% | $7.9M |
| Offshore domiciles | 2.52% | $5M |
| Latin America | 1.76% | $3.5M |
| Canada | 1.05% | $2.1M |
| Emerging Europe | 0.87% | $1.7M |
| Asia ex-Japan | 0.66% | $1.3M |
| Africa | 0.61% | $1.2M |
| Australia & New Zealand | 0.29% | $578K |
| Middle East | 0.20% | $395K |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Non-U.S. sovereign | 7.61% | $15.2M |
| Corporate | 58.78% | $117M |
| Registered fund | 3.59% | $7.2M |
| U.S. GSE | 16.70% | $33.3M |
| U.S. government agency | 11.28% | $22.5M |
| Other | 1.74% | $3.5M |
| U.S. Treasury | 0.31% | $625K |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 96.39% | $192M |
| Level 1 | 3.61% | $7.2M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 98.77% | $197M |
| N/A | 1.71% | $3.4M |
| Short | -0.49% | $-969K |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| Alumina Pty. Ltd. | 02220AAA5 | Debt | CORP | Australia | 240,000 | principal | $244K | 0.12% | 2 |
| Insulet Corp. | 45784PAL5 | Debt | CORP | United States | 240,000 | principal | $244K | 0.12% | 2 |
| NCL Corp. Ltd. | 62886HBY6 | Debt | CORP | Bermuda | 250,000 | principal | $243K | 0.12% | 2 |
| Haleon US Capital LLC | 36264FAL5 | Debt | CORP | United States | 250,000 | principal | $242K | 0.12% | 2 |
| FHLMC | 35566ABE8 | MBS | CORP | United States | 176,000 | principal | $242K | 0.12% | 2 |
| Clearway Energy Operating LLC | 18539UAE5 | Debt | CORP | United States | 265,000 | principal | $241K | 0.12% | 2 |
| Jefferson Capital Holdings LLC | 472481AB6 | Debt | CORP | United States | 230,000 | principal | $241K | 0.12% | 2 |
| Gates Corp. | 367398AA2 | Debt | CORP | United States | 235,000 | principal | $241K | 0.12% | 2 |
| GNMA | 38382WSM0 | MBS | USGA | United States | 2,413,491 | principal | $240K | 0.12% | 2 |
| FHLMC Multifamily Structured Credit Risk | 35563FAB7 | MBS | CORP | United States | 235,000 | principal | $240K | 0.12% | 2 |
| Beach Acquisition Bidco LLC | 07337JAC1 | Debt | CORP | United States | 210,809 | principal | $239K | 0.12% | 2 |
| Cipher Compute LLC | 17253NAA5 | Debt | CORP | United States | 230,000 | principal | $239K | 0.12% | 2 |
| US Foods, Inc. | 90290MAE1 | Debt | CORP | United States | 245,000 | principal | $239K | 0.12% | 2 |
| First Eagle Holdings, Inc. | 32009UAD9 | Loan | CORP | United States | 237,971 | principal | $238K | 0.12% | 2 |
| United Airlines, Inc. | 90932LAH0 | Debt | CORP | United States | 240,000 | principal | $237K | 0.12% | 2 |
| Benchmark Mortgage Trust | 08163UAD1 | MBS | CORP | United States | 6,543,183 | principal | $235K | 0.12% | 2 |
| Lummus Technology Holdings V LLC | 45232UAH1 | Loan | CORP | United States | 236,485 | principal | $234K | 0.12% | 2 |
| FHLMC | 3137FJK99 | MBS | USGSE | United States | 1,869,559 | principal | $233K | 0.12% | 2 |
| Georgia-Pacific LLC | 37331NAX9 | Debt | CORP | United States | 235,000 | principal | $233K | 0.12% | 2 |
| UBS Commercial Mortgage Trust | 90276GAY8 | MBS | CORP | United States | 247,000 | principal | $233K | 0.12% | 2 |
| Veritiv Operating Co. | 92339LAA0 | Debt | CORP | United States | 225,000 | principal | $230K | 0.12% | 2 |
| BANK5 | 06211HAH7 | MBS | CORP | United States | 229,000 | principal | $230K | 0.12% | 2 |
| GNMA | 38382FGP3 | MBS | USGA | United States | 2,034,297 | principal | $229K | 0.11% | 2 |
| PRPM LLC | 74449BAA7 | MBS | CORP | United States | 231,062 | principal | $228K | 0.11% | 2 |
| BANK5 Trust | 06604AAH7 | MBS | CORP | United States | 6,892,577 | principal | $228K | 0.11% | 2 |
| PK Alift Loan Funding 7 LP | 69291NAA0 | ABS | CORP | United States | 229,698 | principal | $228K | 0.11% | 2 |
| BX Trust | 05619TAE8 | MBS | CORP | United States | 228,000 | principal | $228K | 0.11% | 2 |
| Foundry JV Holdco LLC | 350930AB9 | Debt | CORP | United States | 220,000 | principal | $227K | 0.11% | 2 |
| COMM Mortgage Trust | 12595EAH8 | MBS | CORP | United States | 238,000 | principal | $226K | 0.11% | 2 |
| Republic of Cameroon International Bond | XS2360598630 | Debt | NUSS | CM | 220,000 | principal | $225K | 0.11% | 2 |
| Bausch + Lomb Corp. | C0787FAL6 | Loan | CORP | Canada | 223,505 | principal | $224K | 0.11% | 2 |
| Magnera Corp. | 377320AA4 | Debt | CORP | United States | 240,000 | principal | $224K | 0.11% | 2 |
| GA Global Funding Trust | 36143L2N4 | Debt | CORP | United States | 225,000 | principal | $224K | 0.11% | 2 |
| Benchmark Mortgage Trust | 08164EAJ3 | MBS | CORP | United States | 264,000 | principal | $224K | 0.11% | 2 |
| Altar Bidco, Inc. | 02090CAE0 | Loan | CORP | United States | 222,908 | principal | $223K | 0.11% | 2 |
| Garda World Security Corp. | C4000KAH7 | Loan | CORP | Canada | 222,630 | principal | $223K | 0.11% | 2 |
| Volkswagen Group of America Finance LLC | 928668BN1 | Debt | CORP | United States | 230,000 | principal | $221K | 0.11% | 2 |
| Transocean International Ltd. | 893830BX6 | Debt | CORP | Bermuda | 210,000 | principal | $218K | 0.11% | 2 |
| Republic of Colombia | XS3239889788 | Debt | NUSS | Colombia | 190,000 | principal | $218K | 0.11% | 2 |
| Vistra Operations Co. LLC | 92840VAR3 | Debt | CORP | United States | 210,000 | principal | $218K | 0.11% | 2 |
| Ashtead Capital, Inc. | 045054AJ2 | Debt | CORP | United States | 220,000 | principal | $217K | 0.11% | 2 |
| FNMA | 3136AWLE5 | MBS | USGSE | United States | 2,243,831 | principal | $216K | 0.11% | 2 |
| Toll Brothers Finance Corp. | 88947EAU4 | Debt | CORP | United States | 220,000 | principal | $214K | 0.11% | 2 |
| Aviation Capital Group LLC | 05369AAQ4 | Debt | CORP | United States | 210,000 | principal | $213K | 0.11% | 2 |
| Motorola Solutions, Inc. | 620076BY4 | Debt | CORP | United States | 210,000 | principal | $212K | 0.11% | 2 |
| Fertitta Entertainment LLC | 31556PAB3 | Loan | CORP | United States | 211,722 | principal | $212K | 0.11% | 2 |
| JPMBB Commercial Mortgage Securities Trust | 46641JAE6 | MBS | CORP | United States | 232,000 | principal | $212K | 0.11% | 2 |
| GE HealthCare Technologies, Inc. | 36266GAA5 | Debt | CORP | United States | 210,000 | principal | $211K | 0.11% | 2 |
| Ford Motor Credit Co. LLC | 345397D83 | Debt | CORP | United States | 210,000 | principal | $211K | 0.11% | 2 |
| South Bow USA Infrastructure Holdings LLC | 83007CAD4 | Debt | CORP | United States | 210,000 | principal | $211K | 0.11% | 2 |
| Viking Cruises Ltd. | 92676XAH0 | Debt | CORP | Bermuda | 210,000 | principal | $210K | 0.11% | 2 |
| RHP Hotel Properties LP / RHP Finance Corp. | 749571AK1 | Debt | CORP | United States | 205,000 | principal | $210K | 0.11% | 2 |
| IHS Holding Ltd. | XS2941354727 | Debt | CORP | Cayman Islands | 200,000 | principal | $209K | 0.10% | 2 |
| Hashemite Kingdom of Jordan | XS2602742285 | Debt | NUSS | JO | 200,000 | principal | $209K | 0.10% | 2 |
| AT&T, Inc. | 00206RGL0 | Debt | CORP | United States | 210,000 | principal | $208K | 0.10% | 2 |
| Constellation Energy Generation LLC | 210385AB6 | Debt | CORP | United States | 205,000 | principal | $208K | 0.10% | 2 |
| Athene Global Funding | 04685A3Q2 | Debt | CORP | United States | 205,000 | principal | $208K | 0.10% | 2 |
| Aker BP ASA | 00973RAL7 | Debt | CORP | Norway | 205,000 | principal | $208K | 0.10% | 2 |
| AIB Group plc | 00135TAD6 | Debt | CORP | Ireland | 200,000 | principal | $208K | 0.10% | 2 |
| New Economy Assets - Phase 1 Sponsor LLC | 643821AA9 | ABS | CORP | United States | 251,000 | principal | $207K | 0.10% | 2 |
| Caesars Entertainment, Inc. | 12768EAH9 | Loan | CORP | United States | 215,050 | principal | $207K | 0.10% | 2 |
| Eversource Energy | 30040WAT5 | Debt | CORP | United States | 205,000 | principal | $207K | 0.10% | 2 |
| Targa Resources Corp. | 87612GAE1 | Debt | CORP | United States | 200,000 | principal | $207K | 0.10% | 2 |
| Duke Energy Carolinas LLC | 264399DK9 | Debt | CORP | United States | 200,000 | principal | $207K | 0.10% | 2 |
| Citigroup Commercial Mortgage Trust | 17323CAN7 | MBS | CORP | United States | 210,311 | principal | $207K | 0.10% | 2 |
| Honeywell Aerospace, Inc. | 43849RAE5 | Debt | CORP | United States | 210,000 | principal | $206K | 0.10% | 2 |
| Pacific Gas and Electric Co. | 694308KL0 | Debt | CORP | United States | 200,000 | principal | $206K | 0.10% | 2 |
| F&G Annuities & Life, Inc. | 30190AAC8 | Debt | CORP | United States | 200,000 | principal | $206K | 0.10% | 2 |
| BMO Mortgage Trust | 05593QAD6 | MBS | CORP | United States | 5,704,743 | principal | $205K | 0.10% | 2 |
| GNMA | 38380YYA7 | MBS | USGA | United States | 1,076,921 | principal | $205K | 0.10% | 2 |
| CaixaBank SA | 12803RAA2 | Debt | CORP | Spain | 200,000 | principal | $205K | 0.10% | 2 |
| Bank of America Corp. | 06051GNA3 | Debt | CORP | United States | 205,000 | principal | $203K | 0.10% | 2 |
| Novelis Corp. | 670001AL0 | Debt | CORP | United States | 198,000 | principal | $203K | 0.10% | 2 |
| UBS Group AG | 902613BJ6 | Debt | CORP | Switzerland | 200,000 | principal | $203K | 0.10% | 2 |
| JPMorgan Chase & Co. | 46647PFM3 | Debt | CORP | United States | 205,000 | principal | $203K | 0.10% | 2 |
| Federative Republic of Brazil | 105756CF5 | Debt | NUSS | Brazil | 200,000 | principal | $201K | 0.10% | 2 |
| Chobani LLC / Chobani Finance Corp., Inc. | 17027NAC6 | Debt | CORP | United States | 195,000 | principal | $201K | 0.10% | 2 |
| FNMA | 3136B1S47 | MBS | USGSE | United States | 1,881,198 | principal | $201K | 0.10% | 2 |
| Quikrete Holdings, Inc. | 74839XAK5 | Loan | CORP | United States | 199,878 | principal | $200K | 0.10% | 2 |
| Flutter Treasury DAC | 344045AB5 | Debt | CORP | Ireland | 200,000 | principal | $199K | 0.10% | 2 |
| Federation des Caisses Desjardins du Quebec | 31429KAP8 | Debt | CORP | Canada | 200,000 | principal | $199K | 0.10% | 2 |
| Cloudflare, Inc. | 18915MAF4 | Debt | CORP | United States | 157,000 | principal | $199K | 0.10% | 2 |
| OAK-Eagle Acquireco, Inc. | 67124CAA1 | Debt | CORP | United States | 190,000 | principal | $199K | 0.10% | 2 |
| Novelis Corp. | 670001AE6 | Debt | CORP | United States | 205,000 | principal | $198K | 0.10% | 2 |
| Arcosa, Inc. | 039653AA8 | Debt | CORP | United States | 200,000 | principal | $197K | 0.10% | 2 |
| FHLMC | 35563WBE3 | MBS | CORP | United States | 174,000 | principal | $197K | 0.10% | 2 |
| Enel Finance International NV | 29278GBG2 | Debt | CORP | Netherlands | 200,000 | principal | $197K | 0.10% | 2 |
| FHLMC | 3137FQNN9 | MBS | USGSE | United States | 1,836,221 | principal | $196K | 0.10% | 2 |
| Towd Point Mortgage Trust | 89177JAB4 | MBS | CORP | United States | 216,000 | principal | $196K | 0.10% | 2 |
| BWAY Mortgage Trust | 12429EAL1 | MBS | CORP | United States | 350,000 | principal | $196K | 0.10% | 2 |
| JPMBB Commercial Mortgage Securities Trust | 46643ABL6 | MBS | CORP | United States | 201,000 | principal | $195K | 0.10% | 2 |
| TransDigm, Inc. | 893647BS5 | Debt | CORP | United States | 190,000 | principal | $195K | 0.10% | 2 |
| Nexstar Media, Inc. | 65346UAB5 | Debt | CORP | United States | 195,000 | principal | $195K | 0.10% | 2 |
| Talen Energy Supply LLC | 87422VAQ1 | Debt | CORP | United States | 195,000 | principal | $195K | 0.10% | 2 |
| UKG, Inc. | 89841EAB1 | Loan | CORP | United States | 206,341 | principal | $195K | 0.10% | 2 |
| Citigroup Commercial Mortgage Trust | 29425AAH6 | MBS | CORP | United States | 223,000 | principal | $194K | 0.10% | 2 |
| Alternative Loan Trust | 12668AEV3 | MBS | CORP | United States | 202,007 | principal | $193K | 0.10% | 2 |
| SV RNO Property Owner 1 LLC | 78488XAA2 | Debt | CORP | United States | 195,000 | principal | $192K | 0.10% | 2 |
| EMRLD Borrower LP | 26872NAD1 | Loan | CORP | United States | 192,033 | principal | $192K | 0.10% | 2 |
| Playtika Holding Corp. | 72814CAF5 | Loan | CORP | United States | 197,396 | principal | $192K | 0.10% | 2 |
| Morgan Stanley Capital I Trust | 61767YBE9 | MBS | CORP | United States | 199,000 | principal | $192K | 0.10% | 2 |
| Oracle Corp. | 68389XDX0 | Debt | CORP | United States | 195,000 | principal | $191K | 0.10% | 2 |
| Clydesdale Acquisition Holdings, Inc. | 18972FAE2 | Loan | CORP | United States | 197,927 | principal | $191K | 0.10% | 2 |
| Morgan Stanley Bank of America Merrill Lynch Trust | 61690VAE8 | MBS | CORP | United States | 198,209 | principal | $190K | 0.10% | 2 |
| Benchmark Mortgage Trust | 08162PAG6 | MBS | CORP | United States | 476,000 | principal | $190K | 0.10% | 2 |
| EquipmentShare.com, Inc. | 29450YAB5 | Debt | CORP | United States | 180,000 | principal | $187K | 0.09% | 2 |
| Republic of El Salvador | 283875AN2 | Debt | NUSS | SV | 180,000 | principal | $187K | 0.09% | 2 |
| Hilton Domestic Operating Co., Inc. | 432833AS0 | Debt | CORP | United States | 185,000 | principal | $186K | 0.09% | 2 |
| GNMA | 38382GXV9 | MBS | USGA | United States | 1,527,038 | principal | $185K | 0.09% | 2 |
| GNMA | 38382RPZ5 | MBS | USGA | United States | 1,575,239 | principal | $184K | 0.09% | 2 |
| Ecopetrol SA | 279158AP4 | Debt | NUSS | Colombia | 200,000 | principal | $184K | 0.09% | 2 |
| FNMA | 20754BAF8 | MBS | CORP | United States | 180,000 | principal | $184K | 0.09% | 2 |
| Phoenix Guarantor, Inc. | 71913BAL6 | Loan | CORP | United States | 182,450 | principal | $182K | 0.09% | 2 |
| JPMBB Commercial Mortgage Securities Trust | 46640LAN2 | MBS | CORP | United States | 228,000 | principal | $182K | 0.09% | 2 |
| CFCRE Commercial Mortgage Trust | 12527DAG5 | MBS | CORP | United States | 193,000 | principal | $182K | 0.09% | 2 |
| Morgan Stanley Bank of America Merrill Lynch Trust | 61762XAC1 | MBS | CORP | United States | 189,000 | principal | $181K | 0.09% | 2 |
| GNMA | 38381W6R4 | MBS | USGA | United States | 1,707,941 | principal | $180K | 0.09% | 2 |
| Wayfair LLC | 94419NAC1 | Debt | CORP | United States | 175,000 | principal | $180K | 0.09% | 2 |
| Bloom Energy Corp. | 093712AN7 | Debt | CORP | United States | 98,000 | principal | $180K | 0.09% | 2 |
| Republic of El Salvador | USP01012BX31 | Debt | NUSS | SV | 170,000 | principal | $180K | 0.09% | 2 |
| NRG Energy, Inc. | 629377DD1 | Debt | CORP | United States | 180,000 | principal | $180K | 0.09% | 2 |
| Morgan Stanley Bank of America Merrill Lynch Trust | 61762DAG6 | MBS | CORP | United States | 196,000 | principal | $179K | 0.09% | 2 |
| Hunter Douglas, Inc. | N8137FAE0 | Loan | CORP | United States | 177,714 | principal | $178K | 0.09% | 2 |
| United Mexican States | 91087BAM2 | Debt | NUSS | Mexico | 200,000 | principal | $177K | 0.09% | 2 |
| Republic of Ghana | 374422AP8 | Debt | NUSS | GH | 190,000 | principal | $176K | 0.09% | 2 |
| Raizen Fuels Finance SA | 75102XAF3 | Debt | CORP | Luxembourg | 320,000 | principal | $176K | 0.09% | 2 |
| GNMA | 38382FGY4 | MBS | USGA | United States | 1,592,407 | principal | $175K | 0.09% | 2 |
| JPMDB Commercial Mortgage Securities Trust | 46591ABG9 | MBS | CORP | United States | 190,000 | principal | $174K | 0.09% | 2 |
| Alternative Loan Trust | 02146BAA4 | MBS | CORP | United States | 185,690 | principal | $174K | 0.09% | 2 |
| BANK5 Trust | 06211UBR5 | MBS | CORP | United States | 5,185,537 | principal | $174K | 0.09% | 2 |
| PPL Capital Funding, Inc. | 69352PAS2 | Debt | CORP | United States | 153,000 | principal | $174K | 0.09% | 2 |
| Benchmark Mortgage Trust | 081921BA5 | MBS | CORP | United States | 9,894,316 | principal | $174K | 0.09% | 2 |
| Endo Finance Holdings LP | 29280UAD5 | Loan | CORP | United States | 173,241 | principal | $174K | 0.09% | 2 |
| BBCMS Mortgage Trust | 05555AAF2 | MBS | CORP | United States | 2,626,845 | principal | $173K | 0.09% | 2 |
| Alternative Loan Trust | 02146QAC7 | MBS | CORP | United States | 177,547 | principal | $172K | 0.09% | 2 |
| Snowflake, Inc. | 833445AD1 | Debt | CORP | United States | 97,000 | principal | $172K | 0.09% | 2 |
| Ameren Corp. | 023608AQ5 | Debt | CORP | United States | 170,000 | principal | $171K | 0.09% | 2 |
| GS Mortgage Securities Trust | 36253GAK8 | MBS | CORP | United States | 175,111 | principal | $171K | 0.09% | 2 |
| WFRBS Commercial Mortgage Trust | 92939FAY5 | MBS | CORP | United States | 177,000 | principal | $171K | 0.09% | 2 |
| COMM Mortgage Trust | 12592PAJ2 | MBS | CORP | United States | 175,586 | principal | $171K | 0.09% | 2 |
| FHLMC | 35563KBE9 | MBS | CORP | United States | 141,000 | principal | $171K | 0.09% | 2 |
| GNMA | 38381XK39 | MBS | USGA | United States | 1,562,723 | principal | $170K | 0.09% | 2 |
| Discovery Global Holdings, Inc. | 254948AR3 | Debt | CORP | United States | 230,000 | principal | $169K | 0.08% | 2 |
| EquipmentShare.com, Inc. | 29450YAA7 | Debt | CORP | United States | 165,000 | principal | $169K | 0.08% | 2 |
| Akamai Technologies, Inc. | 00971TAN1 | Debt | CORP | United States | 141,000 | principal | $168K | 0.08% | 2 |
| WFRBS Commercial Mortgage Trust | 92938CAL1 | MBS | CORP | United States | 235,831 | principal | $166K | 0.08% | 2 |
| Terawulf, Inc. | 88080TAE4 | Debt | CORP | United States | 112,000 | principal | $166K | 0.08% | 2 |
| Benchmark Mortgage Trust | 08164HBB2 | MBS | CORP | United States | 163,000 | principal | $164K | 0.08% | 2 |
| Cleveland-Cliffs, Inc. | 185899AP6 | Debt | CORP | United States | 165,000 | principal | $164K | 0.08% | 2 |
| BAT Capital Corp. | 054989AA6 | Debt | CORP | United States | 155,000 | principal | $164K | 0.08% | 2 |
| Benchmark Mortgage Trust | 08162CAG5 | MBS | CORP | United States | 173,000 | principal | $164K | 0.08% | 2 |
| FHLMC | 35563PKR9 | MBS | CORP | United States | 167,830 | principal | $164K | 0.08% | 2 |
| VEGAS | 92254BAC9 | MBS | CORP | United States | 164,000 | principal | $164K | 0.08% | 2 |
| Gabx Leasing LLC | 36274FAA7 | Debt | CORP | United States | 165,000 | principal | $163K | 0.08% | 2 |
| Univision Communications, Inc. | 914906BB7 | Debt | CORP | United States | 165,000 | principal | $163K | 0.08% | 2 |
| Viking Cruises Ltd. | 92676XAG2 | Debt | CORP | Bermuda | 155,000 | principal | $162K | 0.08% | 2 |
| Service Corp. International | 817565CF9 | Debt | CORP | United States | 175,000 | principal | $162K | 0.08% | 2 |
| Black Pearl Compute LLC | 09216NAA8 | Debt | CORP | United States | 160,000 | principal | $162K | 0.08% | 2 |
| Morgan Stanley Bank of America Merrill Lynch Trust | 61762MBG5 | MBS | CORP | United States | 975,000 | principal | $162K | 0.08% | 2 |
| WestJet Loyalty LP | C9763HAB3 | Loan | CORP | Canada | 166,175 | principal | $162K | 0.08% | 2 |
| BBCMS Mortgage Trust | 07337AAJ5 | MBS | CORP | United States | 2,105,233 | principal | $161K | 0.08% | 2 |
| FNMA | 20755BAC4 | MBS | CORP | United States | 161,000 | principal | $161K | 0.08% | 2 |
| Real Estate Asset Liquidity Trust | 75585RSQ9 | MBS | CORP | Canada | 8,854,905 | principal | $161K | 0.08% | 2 |
| Freedom Mortgage Holdings LLC | 35641AAA6 | Debt | CORP | United States | 155,000 | principal | $161K | 0.08% | 2 |
| Hilton Domestic Operating Co., Inc. | 432833AJ0 | Debt | CORP | United States | 165,000 | principal | $160K | 0.08% | 2 |
| Alternative Loan Trust | 12667GZ30 | MBS | CORP | United States | 169,820 | principal | $159K | 0.08% | 2 |
| GNMA | 38381YWU4 | MBS | USGA | United States | 1,521,777 | principal | $159K | 0.08% | 2 |
| GNMA | 38382FGR9 | MBS | USGA | United States | 1,600,024 | principal | $158K | 0.08% | 2 |
| RALI Trust | 75114HAA5 | MBS | CORP | United States | 174,372 | principal | $157K | 0.08% | 2 |
| GS Mortgage Securities Trust | 36253GAS1 | MBS | CORP | United States | 221,000 | principal | $156K | 0.08% | 2 |
| Carnival UK Ltd. | XS3111861244 | Debt | CORP | United Kingdom | 135,000 | principal | $155K | 0.08% | 2 |
| Rocket Cos., Inc. | 77311WAE1 | Debt | CORP | United States | 150,000 | principal | $153K | 0.08% | 2 |
| JPMBB Commercial Mortgage Securities Trust | 46643ABK8 | MBS | CORP | United States | 154,457 | principal | $153K | 0.08% | 2 |
| Seagate Data Storage Technology Pte. Ltd. | 81180LAT2 | Debt | CORP | Singapore | 150,000 | principal | $153K | 0.08% | 2 |
| Amazon.com, Inc. | 023135DD5 | Debt | CORP | United States | 155,000 | principal | $153K | 0.08% | 2 |
| Home RE Ltd. | 43730VAE8 | MBS | CORP | Bermuda | 150,000 | principal | $151K | 0.08% | 2 |
| United States of America | 91282CAY7 | Debt | UST | United States | 151,000 | principal | $151K | 0.08% | 2 |
| Nexstar Media, Inc. | 65346UAA7 | Debt | CORP | United States | 150,000 | principal | $150K | 0.08% | 2 |
| GNMA | 38381XBN5 | MBS | USGA | United States | 1,405,544 | principal | $149K | 0.07% | 2 |
| Braskem Idesa SAPI | USP1850NAA92 | Debt | CORP | Mexico | 230,000 | principal | $148K | 0.07% | 2 |
| Whirlpool Corp. | 963320BC9 | Debt | CORP | United States | 190,000 | principal | $147K | 0.07% | 2 |
| GNMA | 38380XSS7 | MBS | USGA | United States | 709,148 | principal | $145K | 0.07% | 2 |
| Citigroup Commercial Mortgage Trust | 29425AAJ2 | MBS | CORP | United States | 235,000 | principal | $145K | 0.07% | 2 |
| Alternative Loan Trust | 02146BAB2 | MBS | CORP | United States | 142,001 | principal | $142K | 0.07% | 2 |
| PRET Trust | 74144HAA2 | ABS | CORP | United States | 140,911 | principal | $141K | 0.07% | 2 |
| Clean Harbors, Inc. | 18449EAJ9 | Loan | CORP | United States | 139,271 | principal | $140K | 0.07% | 2 |
| GNMA | 38380CH71 | MBS | USGA | United States | 789,358 | principal | $139K | 0.07% | 2 |
| Morgan Stanley | 61747YGB5 | Debt | CORP | United States | 140,000 | principal | $138K | 0.07% | 2 |
| AbbVie, Inc. | 00287YEE5 | Debt | CORP | United States | 140,000 | principal | $137K | 0.07% | 2 |
| Asurion LLC/ Asurion Co-Issuer, Inc. | 045941AA9 | Debt | CORP | United States | 135,000 | principal | $136K | 0.07% | 2 |
| MKS, Inc. | 55306NAB0 | Debt | CORP | United States | 46,000 | principal | $136K | 0.07% | 2 |
| Boeing Co. (The) | 097023CM5 | Debt | CORP | United States | 137,000 | principal | $136K | 0.07% | 2 |
| BBCMS Mortgage Trust | 07336AAG2 | MBS | CORP | United States | 4,754,624 | principal | $135K | 0.07% | 2 |
| Goldman Sachs Group, Inc. (The) | 38141GF33 | Debt | CORP | United States | 135,000 | principal | $135K | 0.07% | 2 |
| Archrock Services LP / Archrock Partners Finance Corp. | 03958CAA7 | Debt | CORP | United States | 135,000 | principal | $134K | 0.07% | 2 |
| GNMA | 38379BNA2 | MBS | USGA | United States | 1,231,050 | principal | $133K | 0.07% | 2 |
| Morgan Stanley Re-REMIC Trust | 61759FAU5 | MBS | CORP | United States | 137,000 | principal | $133K | 0.07% | 2 |
| EquipmentShare.com, Inc. | 29450YAD1 | Debt | CORP | United States | 135,000 | principal | $133K | 0.07% | 2 |
| Capital One Financial Corp. | 14040HDM4 | Debt | CORP | United States | 135,000 | principal | $133K | 0.07% | 2 |
| Genesee & Wyoming, Inc. | 37156QAZ9 | Loan | CORP | United States | 132,638 | principal | $132K | 0.07% | 2 |
| COMM Mortgage Trust | 12592KBE3 | MBS | CORP | United States | 133,636 | principal | $132K | 0.07% | 2 |
| TK Elevator Midco GmbH | D9000BAJ1 | Loan | CORP | Germany | 130,557 | principal | $131K | 0.07% | 2 |
| Standard Building Solutions, Inc. | 853191AA2 | Debt | CORP | United States | 130,000 | principal | $131K | 0.07% | 2 |
| Wells Fargo Commercial Mortgage Trust | 94988QAU5 | MBS | CORP | United States | 188,000 | principal | $130K | 0.07% | 2 |
| Royal Caribbean Cruises Ltd. | 780153BU5 | Debt | CORP | Liberia | 127,000 | principal | $130K | 0.07% | 2 |
| Commercial Metals Co. | 201723AS2 | Debt | CORP | United States | 130,000 | principal | $129K | 0.06% | 2 |
| Standard Building Solutions, Inc. | 853191AC8 | Debt | CORP | United States | 130,000 | principal | $129K | 0.06% | 2 |
| GS Mortgage Securities Trust | 36257UAN7 | MBS | CORP | United States | 5,996,679 | principal | $128K | 0.06% | 2 |
| Halozyme Therapeutics, Inc. | 40637HAJ8 | Debt | CORP | United States | 116,000 | principal | $128K | 0.06% | 2 |
| Tuple US Bidco LLC | — | Loan | CORP | United States | 132,788 | principal | $127K | 0.06% | 2 |
| CoreWeave, Inc. | 21873SAH1 | Debt | CORP | United States | 115,000 | principal | $127K | 0.06% | 2 |
| Terex Corp. | 880779BB8 | Debt | CORP | United States | 125,000 | principal | $127K | 0.06% | 2 |
| BWX Technologies, Inc. | 05605HAD2 | Debt | CORP | United States | 123,000 | principal | $126K | 0.06% | 2 |
| Digital Realty Trust LP | 25389JAX4 | Debt | CORP | United States | 117,000 | principal | $126K | 0.06% | 2 |
| Iron Mountain, Inc. | 46284VAR2 | Debt | CORP | United States | 125,000 | principal | $126K | 0.06% | 2 |
| JPMBB Commercial Mortgage Securities Trust | 46640LAS1 | MBS | CORP | United States | 1,500,000 | principal | $125K | 0.06% | 2 |
| FirstCash, Inc. | 33767DAF2 | Debt | CORP | United States | 125,000 | principal | $124K | 0.06% | 2 |
| FHLMC | 35564MBE4 | MBS | CORP | United States | 106,000 | principal | $124K | 0.06% | 2 |
| Peer Holding III BV | N6872NAQ9 | Loan | CORP | Netherlands | 123,449 | principal | $124K | 0.06% | 2 |
| Lendbuzz Securitization Trust | 525952AE7 | ABS | CORP | United States | 122,768 | principal | $123K | 0.06% | 2 |
| WFRBS Commercial Mortgage Trust | 92939HBB0 | MBS | CORP | United States | 125,000 | principal | $123K | 0.06% | 2 |
| Morgan Stanley Capital I Trust | 61767YAC4 | MBS | CORP | United States | 144,000 | principal | $123K | 0.06% | 2 |
| Beach Acquisition Bidco LLC | 07337JAE7 | Debt | CORP | United States | 105,000 | principal | $122K | 0.06% | 2 |
| Cytokinetics, Inc. | 23282WAD2 | Debt | CORP | United States | 81,000 | principal | $122K | 0.06% | 2 |
| BANK | 06541UCB0 | MBS | CORP | United States | 2,818,517 | principal | $121K | 0.06% | 2 |
| Rand Parent LLC | 75223LAD8 | Loan | CORP | United States | 120,756 | principal | $121K | 0.06% | 2 |
| Chevy Chase Funding LLC | 16678XAB0 | MBS | CORP | United States | 132,542 | principal | $120K | 0.06% | 2 |
| FNMA | 30711XDN1 | MBS | CORP | United States | 117,590 | principal | $118K | 0.06% | 2 |
| TransDigm, Inc. | 89364MCA0 | Loan | CORP | United States | 117,605 | principal | $118K | 0.06% | 2 |
| Ionis Pharmaceuticals, Inc. | 462222AG5 | Debt | CORP | United States | 110,000 | principal | $117K | 0.06% | 2 |
| Etsy, Inc. | 29786AAQ9 | Debt | CORP | United States | 101,000 | principal | $117K | 0.06% | 2 |
| Filtration Group Corp. | 31732FAX4 | Loan | CORP | United States | 116,964 | principal | $117K | 0.06% | 2 |
| Illumina, Inc. | 452327AQ2 | Debt | CORP | United States | 117,000 | principal | $117K | 0.06% | 2 |
| Datadog, Inc. | 23804LAD5 | Debt | CORP | United States | 82,000 | principal | $117K | 0.06% | 2 |
| BIKE Pass-Through Trust | 09000VAE2 | MBS | CORP | United States | 116,000 | principal | $116K | 0.06% | 2 |
| Space Exploration Technologies Corp. | 84615QAA1 | Debt | CORP | United States | 115,000 | principal | $115K | 0.06% | 2 |
| Murphy Oil Corp. | 626717AP7 | Debt | CORP | United States | 115,000 | principal | $115K | 0.06% | 2 |
| Wells Fargo Commercial Mortgage Trust | 95002MAY5 | MBS | CORP | United States | 2,928,505 | principal | $115K | 0.06% | 2 |
| GNMA | 38379LL46 | MBS | USGA | United States | 588,096 | principal | $114K | 0.06% | 2 |
| Republic of North Macedonia | XS3273796741 | Debt | NUSS | MK | 100,000 | principal | $114K | 0.06% | 2 |
| Liberty Media Corp.-Liberty Formula One Corp. | 531229AQ5 | Debt | CORP | United States | 91,000 | principal | $113K | 0.06% | 2 |
| CoreWeave, Inc. | 21873SAD0 | Debt | CORP | United States | 94,000 | principal | $112K | 0.06% | 2 |
| GNMA | 38379V6K5 | MBS | USGA | United States | 593,140 | principal | $112K | 0.06% | 2 |
| FIGRE Trust | 31684QAA8 | ABS | CORP | United States | 111,429 | principal | $111K | 0.06% | 2 |
| Wells Fargo Commercial Mortgage Trust | 94989WBB2 | MBS | CORP | United States | 121,000 | principal | $110K | 0.06% | 2 |
| PRET LLC | 69383TAA6 | MBS | CORP | United States | 108,621 | principal | $108K | 0.05% | 2 |
| BANK | 06540TAP5 | MBS | CORP | United States | 125,000 | principal | $108K | 0.05% | 2 |
| COMM Mortgage Trust | 12625FBA3 | MBS | CORP | United States | 108,600 | principal | $107K | 0.05% | 2 |
| Flutter Financing BV | N3313EAG5 | Loan | CORP | Netherlands | 107,250 | principal | $106K | 0.05% | 2 |
| JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings | 46590XAN6 | Debt | CORP | Netherlands | 110,000 | principal | $106K | 0.05% | 2 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 27, 2026 | 734 | 100.0% | $199M | full |
| Mar 31, 2026 | May 27, 2026 | 696 | 100.0% | $190M | full |
| Dec 31, 2025 | Feb 25, 2026 | 673 | 100.0% | $207M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Franklin Master Intermediate Income Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.