0000928816-22-000648.txt : 20220527 0000928816-22-000648.hdr.sgml : 20220527 20220527102118 ACCESSION NUMBER: 0000928816-22-000648 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220527 DATE AS OF CHANGE: 20220527 EFFECTIVENESS DATE: 20220527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND CENTRAL INDEX KEY: 0000711402 IRS NUMBER: 042786284 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-81011 FILM NUMBER: 22973435 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172921562 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CALIFORNIA TAX EXEMPT INCOME TRUST DATE OF NAME CHANGE: 19941214 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM NEW YORK TAX EXEMPT INCOME FUND CENTRAL INDEX KEY: 0000719712 IRS NUMBER: 042794490 STATE OF INCORPORATION: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-83909 FILM NUMBER: 22973440 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM NEW YORK TAX EXEMPT INCOME TRUST DATE OF NAME CHANGE: 19940603 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM NEW YORK TAX EXEMPT INCOME FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM TAX FREE INCOME TRUST CENTRAL INDEX KEY: 0000771951 IRS NUMBER: 046483374 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-98790 FILM NUMBER: 22973436 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM TAX FREE INCOME TRUST /MA/ DATE OF NAME CHANGE: 19920902 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM TAX FREE INCOME TRUST DATE OF NAME CHANGE: 19920101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM FUNDS TRUST CENTRAL INDEX KEY: 0001005942 IRS NUMBER: 043299786 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-00515 FILM NUMBER: 22973444 BUSINESS ADDRESS: STREET 1: ONE POST STREET 2: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921010 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM MINNESOTA TAX EXEMPT INCOME FUND CENTRAL INDEX KEY: 0000794612 IRS NUMBER: 046626128 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-08916 FILM NUMBER: 22973442 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM MINNESOTA TAX EXEMPT INCOME FUND/MA DATE OF NAME CHANGE: 20080729 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM MINNESOTA TAX EXEMPT INCOME FUND II DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM MINNESOTA TAX EXEMPT INCOME FUND DATE OF NAME CHANGE: 19920609 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND CENTRAL INDEX KEY: 0000794615 IRS NUMBER: 043057637 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-28321 FILM NUMBER: 22973438 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQU CITY: BOSTON STATE: MA ZIP: 02109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM OHIO TAX EXEMPT INCOME FUND CENTRAL INDEX KEY: 0000794616 IRS NUMBER: 046626129 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-08924 FILM NUMBER: 22973439 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-292-1000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM OHIO TAX EXEMPT INCOME FUND/MA DATE OF NAME CHANGE: 20080729 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM OHIO TAX EXEMPT INCOME FUND II DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM OHIO TAX EXEMPT INCOME FUND DATE OF NAME CHANGE: 19920609 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND CENTRAL INDEX KEY: 0000857463 IRS NUMBER: 043073948 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-32550 FILM NUMBER: 22973441 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM TAX EXEMPT INCOME FUND CENTRAL INDEX KEY: 0000205802 IRS NUMBER: 046396109 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-57165 FILM NUMBER: 22973437 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND/MA/ CENTRAL INDEX KEY: 0000792288 IRS NUMBER: 046626127 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-05416 FILM NUMBER: 22973443 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND II DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND /MA/ DATE OF NAME CHANGE: 19920609 0000205802 S000006568 PUTNAM TAX EXEMPT INCOME FUND C000017917 Class C Shares C000017918 Class A Shares PTAEX C000017919 Class B Shares PTBEX C000060417 CLASS Y C000202806 Class R6 Shares 0000711402 S000005498 PUTNAM CALIFORNIA TAX EXEMPT INCOME TRUST C000014969 Class A Shares PCTEX C000014970 Class B Shares PCTBX C000014971 Class C Shares PCTCX C000060520 CLASS Y C000202778 Class R6 Shares 0000719712 S000006345 PUTNAM NEW YORK TAX EXEMPT INCOME FUND C000017441 Class C Shares C000017443 Class A Shares PTEIX C000017444 Class B Shares PEIBX C000060413 CLASS Y C000202782 Class R6 Shares 0000771951 S000003860 Putnam Strategic Intermediate Municipal Fund C000010817 Class C Shares C000010819 Class A Shares PPNAX C000010820 Class B Shares PTFIX C000060535 CLASS Y C000202840 Class R6 Shares 0000771951 S000003861 Putnam Tax-Free High Yield Fund C000010821 Class C Shares C000010822 Class A Shares PTHAX C000010823 Class B Shares PTHYX C000060536 CLASS Y C000202841 Class R6 Shares 0000792288 S000006210 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND C000017118 Class C Shares C000017120 Class A Shares PXMAX C000017121 Class B Shares PMABX C000060571 CLASS Y C000202927 Class R6 Shares 0000794612 S000006218 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND II C000017144 Class A Shares PXMNX C000017145 Class B Shares PMTBX C000039836 Class C Shares C000060573 CLASS Y C000202929 Class R6 Shares 0000794615 S000006567 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND C000017915 Class A Shares PTEPX C000017916 Class B Shares PPNBX C000039842 Class C Shares C000060576 CLASS Y C000202936 Class R6 Shares 0000794616 S000006390 PUTNAM OHIO TAX EXEMPT INCOME FUND II C000017547 Class A Shares PXOHX C000017548 Class B Shares POXBX C000039840 Class C Shares C000060574 CLASS Y C000202934 Class R6 Shares 0000857463 S000006252 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND C000017198 Class A Shares PTNJX C000017199 Class B Shares PNJBX C000039838 Class C Shares C000060575 CLASS Y C000202931 Class R6 Shares 0001005942 S000039834 Putnam Intermediate-Term Municipal Income Fund C000123521 CLASS Y C000123522 CLASS A C000123523 CLASS B C000123524 CLASS C C000202823 Class R6 Shares 497 1 a_multifundsaisupp.htm MULTIPLE PUTNAM FUNDS a_multifundsaisupp.htm
Statement of Additional Information Supplement  May 27, 2022 
 
Putnam California Tax Exempt Income Fund -   
Statement of Additional Information dated January 30, 2022   
 
Putnam Intermediate –Term Municipal Income Fund -   
Statement of Additional Information dated March 30, 2022   
 
Putnam Massachusetts Tax Exempt Income Fund -   
Statement of Additional Information dated September 30, 2021   
 
Putnam Minnesota Tax Exempt Income Fund -   
Statement of Additional Information dated September 30, 2021   
 
Putnam New Jersey Tax Exempt Income Fund -   
Statement of Additional Information dated September 30, 2021   
 
Putnam New York Tax Exempt Income Fund -   
Statement of Additional Information dated March 30, 2022   
 
Putnam Ohio Tax Exempt Income Fund -   
Statement of Additional Information dated September 30, 2021   
 
Putnam Pennsylvania Tax Exempt Income Fund -   
Statement of Additional Information dated September 30, 2021   
 
Putnam Strategic Intermediate Municipal Fund -   
Statement of Additional Information dated November 30, 2021   
 
Putnam Tax Exempt Income Fund -   
Statement of Additional Information dated January 30, 2022   
 
Putnam Tax-Free High Yield Fund -   
Statement of Additional Information dated November 30, 2021   

 

Effective July 1, 2022, similar disclosure under the heading Sales Charges and Other Class Features—Retail Investors—Initial sales charges for class A, class M and class N shares in the section HOW TO BUY SHARES is deleted in its entirety and replaced with the following:

For Growth Funds, Blend Funds, Value Funds, Asset Allocation Funds (excluding George Putnam Balanced Fund and Putnam PanAgora Risk Parity Fund), Global Sector Funds, Putnam Retirement Advantage Funds (excluding Putnam Retirement Advantage Maturity Fund) and RetirementReady® Funds (excluding Putnam RetirementReady Maturity Fund) only:

 

  CLASS A 
    Amount of sales 
    charge 
    reallowed to 
  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 50,000  5.75%  5.00% 
50,000 but under 100,000  4.50  3.75 
100,000 but under 250,000  3.50  2.75 
250,000 but under 500,000  2.50  2.00 
500,000 but under 1,000,000  2.00  1.75 
1,000,000 and above  NONE  NONE 

 

For Putnam PanAgora Risk Parity Fund and Putnam Multi-Asset Absolute Return Fund only:

 

  CLASS A 
    Amount of sales 
    charge 
    reallowed to 
  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 50,000  5.75%  5.00% 
50,000 but under 100,000  4.50  3.75 
100,000 but under 250,000  3.50  2.75 
250,000 but under 500,000  2.50  2.00 
500,000 and above  NONE  NONE 

 

For Putnam Retirement Advantage Maturity Fund, Putnam RetirementReady Maturity Fund, Taxable Income Funds (except for Putnam Fixed Income Absolute Return Fund, Money Market Funds, Putnam Floating Rate Income Fund, Putnam Ultra Short Duration Income Fund, Putnam Diversified Income Trust, Putnam High

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Yield Fund, Putnam Income Fund, and Putnam Short Duration Bond Fund), and for purchases of Tax-Exempt Funds (except for Putnam Short-Term Municipal Income Fund) prior to July 1, 2022:

  CLASS A 
    Amount of sales 
    charge 
    reallowed to 
  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 50,000  4.00%  3.50% 
50,000 but under 100,000  4.00  3.50 
100,000 but under 250,000  3.25  2.75 
250,000 but under 500,000  2.50  2.00 
500,000 and above  NONE  NONE 

 

For purchases of Tax-Exempt Funds (except for Putnam Short-Term Municipal Income Fund and Putnam Strategic Intermediate Municipal Fund) on or after July 1, 2022:

 

  CLASS A 
    Amount of sales 
    charge 
    reallowed to 
  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 50,000  4.00%  3.50% 
50,000 but under 100,000  3.25  2.75 
100,00 but under 250,000  2.50  2.00 
250,000 and above  NONE  NONE 

 

For Putnam Fixed Income Absolute Return Fund and Putnam Floating Rate Income Fund only:

 

  CLASS A 
    Amount of sales 
    charge 
    reallowed to 
  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 100,000  2.25%  2.00% 
100,000 but under 250,000  1.75%  1.50% 
250,000 but under 500,000  1.25%  1.00% 
500,000 and above  NONE  NONE 

 

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For purchases of Putnam Short-Term Municipal Income Fund, purchases of Putnam Strategic Intermediate Municipal Fund only on or after July 1, 2022, and purchases of Putnam Short Duration Bond Fund only prior to January 1, 2021:

  CLASS A 
    Amount of sales 
    charge 
    reallowed to 
  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 100,000  2.25%  2.00% 
100,000 but under 250,000  1.25%  1.00% 
250,000 and above  NONE  NONE 

 

For purchases of Putnam Short Duration Bond Fund on or after January 1, 2021:

 

  CLASS A 
    Amount of sales 
    charge 
    reallowed to 
  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 100,000  2.25%  2.00% 
100,000 – 249,999  1.25%  1.00% 
250,000 and above  NONE  NONE 

 

For George Putnam Balanced Fund only:

 

  CLASS A  CLASS M 
    Amount of sales    Amount of sales 
    charge    charge 
    reallowed to    reallowed to 
  Sales charge as  dealers as a  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of  a percentage of  percentage of 
offering price ($)  offering price  offering price  offering price  offering price 
Under 50,000  5.75%  5.00%  3.50%  3.00% 
50,000 but under 100,000  4.50  3.75  2.50  2.00 
100,000 but under 250,000  3.50  2.75  1.50  1.00 
250,000 but under 500,000  2.50  2.00  1.00  1.00 
500,000 but under 1,000,000  2.00  1.75  1.00  1.00 
1,000,000 and above  NONE  NONE  N/A  N/A 

 

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For Putnam Diversified Income Trust, Putnam High Yield Fund and Putnam Income Fund only:

  CLASS A  CLASS M 
    Amount of sales    Amount of sales 
    charge    charge 
    reallowed to    reallowed to 
  Sales charge as  dealers as a  Sales charge as  dealers as a 
Amount of transaction at  a percentage of  percentage of  a percentage of  percentage of 
offering price ($)  offering price  offering price  offering price  offering price 
Under 50,000  4.00%  3.50%  3.25%  3.00% 
50,000 but under 100,000  4.00  3.50  2.25  2.00 
100,000 but under 250,000  3.25  2.75  1.25  1.00 
250,000 but under 500,000  2.50  2.00  1.00  1.00 
500,000 and above  NONE  NONE  N/A*  N/A* 

 

*The funds will not accept purchase orders for class M shares (other than by employer-sponsored retirement plans) where the total of the current purchase, plus existing account balances that are eligible to be linked under a right of accumulation (as described below) is $500,000 or more.

For all Putnam Funds that offer class N shares:

  CLASS N 
    Amount of sales 
    charge reallowed to 
  Sales charge as a  dealers as a 
Amount of transaction at  percentage of  percentage of 
offering price ($)  offering price  offering price 
Under 50,000  1.50%  1.25% 
50,000 but under 100,000  1.25%  1.00% 
100,000 but under 250,000  1.00%  0.75% 
250,000 and above  NONE  NONE 

 

PUTNAM INVESTMENTS  SAI supplement - 5/22 

 

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