<SEC-DOCUMENT>0000928816-20-000056-index.html : 20200127
<SEC-HEADER>0000928816-20-000056.hdr.sgml : 20200127
<ACCEPTANCE-DATETIME>20200127111912
ACCESSION NUMBER:		0000928816-20-000056
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		25
CONFORMED PERIOD OF REPORT:	20191130
FILED AS OF DATE:		20200127
DATE AS OF CHANGE:		20200127
EFFECTIVENESS DATE:		20200127

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM EQUITY INCOME FUND
		CENTRAL INDEX KEY:			0000216934
		IRS NUMBER:				046407893
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02742
		FILM NUMBER:		20547758

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		STREET 2:		MAILSTOP A 14
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		8002551581

	MAIL ADDRESS:	
		STREET 1:		100 FEDERAL STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUTNAM EQUITY INCOME FUND/NEW/
		DATE OF NAME CHANGE:	19940302

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUTNAM STRATEGIC INCOME TRUST
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUTNAM OPTION INCOME TRUST
		DATE OF NAME CHANGE:	19910307
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000216934
<SERIES-ID>S000005581
<SERIES-NAME>PUTNAM EQUITY INCOME FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000015218
<CLASS-CONTRACT-NAME>Class A Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PEYAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000015219
<CLASS-CONTRACT-NAME>Class B Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PEQNX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000015220
<CLASS-CONTRACT-NAME>Class C Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PEQCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000015221
<CLASS-CONTRACT-NAME>Class M Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PEIMX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000015222
<CLASS-CONTRACT-NAME>Class R Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PEQRX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000015223
<CLASS-CONTRACT-NAME>Class Y Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PEIYX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000118171
<CLASS-CONTRACT-NAME>Class R5
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000118172
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>a_equityincome.htm
<DESCRIPTION>PUTNAM EQUITY INCOME FUND
<TEXT>
Document 1 - file: a_equityincome.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>b_012certifications.htm
<DESCRIPTION>CERTIFICATIONS
<TEXT>
Document 2 - file: b_012certifications.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>3
<FILENAME>c_012noscertification.htm
<DESCRIPTION>906CERTIFICATIONS
<TEXT>
Document 3 - file: c_012noscertification.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>equityincomex1x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: equityincomex1x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>equityincomex3x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: equityincomex3x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>equityincomex4x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 6 - file: equityincomex4x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>equityincomex4x2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 7 - file: equityincomex4x2.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>equityincomex5x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 8 - file: equityincomex5x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>equityincomex5x2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 9 - file: equityincomex5x2.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>equityincomex6x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 10 - file: equityincomex6x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>equityincomex6x2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 11 - file: equityincomex6x2.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>equityincomex7x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 12 - file: equityincomex7x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>equityincomex7x2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 13 - file: equityincomex7x2.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>equityincomex8x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 14 - file: equityincomex8x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>equityincomex8x2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 15 - file: equityincomex8x2.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>equityincomex9x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 16 - file: equityincomex9x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>equityincomex10x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 17 - file: equityincomex10x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>equityincomex13x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 18 - file: equityincomex13x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>equityincomex16x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 19 - file: equityincomex16x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>equityincomex25x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 20 - file: equityincomex25x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>equityincomex50x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 21 - file: equityincomex50x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>equityincomex51x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 22 - file: equityincomex51x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>23
<FILENAME>equityincomex54x1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 23 - file: equityincomex54x1.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE ETH
<SEQUENCE>24
<FILENAME>a_picoemod3.htm
<TEXT>
Document 24 - file: a_picoemod3.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE ETH
<SEQUENCE>25
<FILENAME>a_nf69mod8.htm
<TEXT>
Document 25 - file: a_nf69mod8.htm

</DOCUMENT>
</SEC-DOCUMENT>