Putnam Announces Class A Distribution Rates for Open End Funds

The Trustees of The Putnam Funds have declared the following distributions.

NOTE: The International Growth Fund (PINOX) will not be making a distribution.

*Please note that the regular monthly per share investment income distribution rates of $.068 for the Putnam Global Dividend Fund - Class A Shares (PGDEX) was previously declared on the November 13, 2014 press release.

SECTION 19 DISCLOSURE
Global Energy Fund
As of December 10, 2014, the fund had net realized and unrealized losses of $2.95 per share, of which $1.93 represents unrealized depreciation of portfolio securities.

International Capital Opportunities Fund
As of December 10, 2014, the fund had net realized and unrealized losses of $2.42 per share, of which $1.68 represents unrealized depreciation of portfolio securities.

ADDITIONAL DISCLOSURE
If a fund’s dividend included an estimated distribution such as a return of capital or capital gain: For the purposes of this disclosure, a fund’s dividend sources are determined in accordance with accounting principles, which may vary from federal tax treatment. The sources of dividends are estimated at the time of declaration. Actual results may vary. Any non-taxable return of capital cannot be determined until after the end of the fund’s fiscal year. In January 2015, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.