| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, DC 20549 | ||
| FORM N-PX | ||
| ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED | ||
| MANAGEMENT INVESTMENT COMPANY | ||
| Investment Company Act File Number : | 811-5498 | |
| Name of Registrant: | Putnam Master Intermediate Income Trust | |
| Address of Principal Executive Offices: | ||
| One Post Office Square | ||
| Boston, Massachusetts 02109 | ||
| Name and address of agent of service: | ||
| James P. Pappas, Vice President | ||
| Putnam Master Intermediate Income Trust | ||
| One Post Office Square | ||
| Boston, Massachusetts 02109 | ||
| CC: | ||
| John W. Gerstmayr, Esq. | ||
| Ropes & Gray LLP | ||
| One International Place | ||
| Boston, Massachusetts 02110 | ||
| Registrant's telephone number including area code: | ||
| (617) 292-1000 | ||
| Date of fiscal year end: | ||
| 9/30/09 | ||
| Date of reporting period: | ||
| 07/01/2009 - 06/30/2010 | ||
| Item 1: Proxy Voting Record | ||||||
| Registrant : Putnam Master Intermediate Income Trust | ||||||
| Fund Name : Putnam Master Intermediate Income Trust | ||||||
| Date of fiscal year end: 09/30/2009 | ||||||
| Abovenet, Inc. | ||||||
| Ticker | Security ID: | Meeting Date | Meeting Status | |||
| ABVT | CUSIP 00374N107 | 06/24/2010 | Voted | |||
| Meeting Type | Country of Trade | |||||
| Annual | United States | |||||
| Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |
| 1.1 | Elect Jeffrey A. Brodsky | Mgmt | For | For | For | |
| 1.2 | Elect Michael J. Embler | Mgmt | For | For | For | |
| 1.3 | Elect William LaPerch | Mgmt | For | For | For | |
| 1.4 | Elect Richard Postma | Mgmt | For | For | For | |
| 1.5 | Elect Richard L. Shorten, Jr. | Mgmt | For | For | For | |
| 1.6 | Elect Stuart Subotnick | Mgmt | For | For | For | |
| 2 | Ratification of Auditor | Mgmt | For | For | For | |
| 3 | Increase of Authorized Common | Mgmt | For | For | For | |
| Stock | ||||||
| 4 | 2010 Employee Stock Purchase | Mgmt | For | For | For | |
| Plan | ||||||
| 5 | Amendment to Shareholder Rights | Mgmt | For | For | For | |
| Plan | ||||||
| Putnam Money Market Liquidity | ||||||
| Fund | ||||||
| Ticker | Security ID: | Meeting Date | Meeting | |||
| Status | ||||||
| CUSIP 746763168 | 11/19/2009 | Voted | ||||
| Meeting Type | Country of Trade | |||||
| Special | United States | |||||
| Issue No. | Description | Proponent | Mgmt Rec | Vote Cast | For/Agnst Mgmt | |
| 1.01 | Elect Ravi Akhoury | Mgmt | For | For | For | |
| 1.02 | Elect Jameson Baxter | Mgmt | For | For | For | |
| 1.03 | Elect Charles Curtis | Mgmt | For | For | For | |
| 1.04 | Elect Robert Darretta | Mgmt | For | For | For | |
| 1.05 | Elect Myra Drucker | Mgmt | For | For | For | |
| 1.06 | Elect John Hill | Mgmt | For | For | For | |
| 1.07 | Elect Paul Joskow | Mgmt | For | For | For | |
| 1.08 | Elect Elizabeth Kennan | Mgmt | For | For | For | |
| 1.09 | Elect Kenneth Leibler | Mgmt | For | For | For | |
| 1.10 | Elect Robert Patterson | Mgmt | For | For | For | |
| 1.11 | Elect George Putnam, III | Mgmt | For | For | For | |
| 1.12 | Elect Robert Reynolds | Mgmt | For | For | For | |
| 1.13 | Elect W. Thomas Stephens | Mgmt | For | For | For | |
| 1.14 | Elect Richard Worley | Mgmt | For | For | For | |
| 2 | Approving A Proposed New | N/A | N/A | N/A | N/A | |
| Management Contract For Your | ||||||
| Fund | ||||||
| 2.01 | Approving A Proposed New | N/A | N/A | N/A | N/A | |
| Management Contract For Your | ||||||
| Fund: With Both Fund Family | ||||||
| Breakpoints And Performance Fees | ||||||
| 2.02 | Approving A Proposed New | N/A | N/A | N/A | N/A | |
| Management Contract For Your | ||||||
| Fund: With Fund Family | ||||||
| Breakpoints Only | ||||||
| 2.03 | Approving A Proposed New | N/A | N/A | N/A | N/A | |
| Management Contract For Your | ||||||
| Fund: With Performance Fees Only | ||||||
| 3 | Approving An Amendment To Your | |||||
| Fund's Fundamental Investment | ||||||
| Restriction With Respect To: | ||||||
| 3.01 | Investments in Commodities | N/A | N/A | N/A | N/A | |
| 3.02 | Diversification of Investments | N/A | N/A | N/A | N/A | |
| 3.03 | The Acquisition of Voting Securities | N/A | N/A | N/A | N/A | |
| 3.04 | Borrowing | N/A | N/A | N/A | N/A | |
| 3.05 | Making Loans | N/A | N/A | N/A | N/A | |
| 4 | Approving An Amendment To Your | |||||
| Fund's Agreement And Declaration | ||||||
| of Trust With Respect To: | ||||||
| 4.01 | The Duration Of The Trust | N/A | N/A | N/A | N/A | |
| 4.02 | Redemption At The Option Of The | N/A | N/A | N/A | N/A | |
| Trust | ||||||
| 5 | Shareholders Request That The | N/A | N/A | N/A | N/A | |
| Board Institute Procedues To | ||||||
| Prevent Holding Investments In | ||||||
| Companies That, In The Judgment | ||||||
| Of The Board, Substantially | ||||||
| Contribute To Genocide Or Crimes | ||||||
| Against Humanity, The Most | ||||||
| Egregious Violations Of Human | ||||||
| Rights. |
Any ballot marked 'Abstain' is considered to have been voted. Ballots marked 'Abstain' are considered to have been voted against management's recommendation if management's recommendation is 'For' or 'Against,' and for management’s recommendation if management’s recommendation is ‘Abstain.’ Where management has recommended that shareholders 'Abstain' from voting on a ballot item, a ballot marked 'For' or 'Against' is considered to have been voted against management's recommendation to 'Abstain.'
Where management has made no recommendation on a ballot item, 'N/A' is used to indicate that there is no management recommendation that a shareholder may vote 'For' or 'Against.'
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Registrant: | Putnam Master Intermediate Income Trust |
| By: | /s/ Jonathan S. Horwitz |
| Name: | Jonathan S. Horwitz |
| Title: | Executive Vice President, Treasurer, Principal Executive Officer and |
| Compliance Liaison | |
| Date: | August 9, 2010 |