Putnam Announces Multi-Class Distribution Rates for Open End Funds

The Trustees of The Putnam Funds declared the following distributions.

RECORD

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

Putnam Dynamic Asset Allocation Conservative Fund - Class B Shares (PACBX)

$0.0100 per share investment income 7/18/18 7/20/18

Putnam Dynamic Asset Allocation Conservative Fund - Class C Shares (PACCX)

$0.0100 per share investment income 7/18/18 7/20/18

Putnam Dynamic Asset Allocation Conservative Fund - Class M Shares (PACMX)

$0.0120 per share investment income 7/18/18 7/20/18

Putnam Dynamic Asset Allocation Conservative Fund - Class R Shares (PACRX)

$0.0150 per share investment income 7/18/18 7/20/18

Putnam Dynamic Asset Allocation Conservative Fund - Class Y Shares (PACYX)

$0.0190 per share investment income 7/18/18 7/20/18

Putnam Dynamic Asset Allocation Conservative Fund - Class R5 Shares (PACDX)

$0.0200 per share investment income 7/18/18 7/20/18

Putnam Dynamic Asset Allocation Conservative Fund - Class R6 Shares (PCCEX)

$0.0200 per share investment income 7/18/18 7/20/18

Putnam Dynamic Asset Allocation Conservative Fund - Class P Shares (pending)

$0.0210 per share investment income 7/18/18 7/20/18

Putnam Fixed Income Absolute Return Fund – Class B Shares (PTRBX)

$0.0260 per share investment income 7/18/18 7/20/18

Putnam Fixed Income Absolute Return Fund – Class C Shares (PTRGX)

$0.0220 per share investment income 7/18/18 7/20/18

Putnam Fixed Income Absolute Return Fund – Class M Shares (PZARX)

$0.0280 per share investment income 7/18/18 7/20/18

Putnam Fixed Income Absolute Return Fund – Class R Shares (PTRKX)

$0.0260 per share investment income 7/18/18 7/20/18

Putnam Fixed Income Absolute Return Fund – Class Y Shares (PYTRX)

$0.0300 per share investment income 7/18/18 7/20/18

Putnam Fixed Income Absolute Return Fund – Class R6 Shares (PTREX)

$0.0300 per share investment income 7/18/18 7/20/18

Putnam Fixed Income Absolute Return Fund – Class P Shares (pending)

$0.0300 per share investment income 7/18/18 7/20/18

Contacts:

Putnam Shareholders Contact:
1-800-225-1581

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