-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IOqeB2lG6vpSlFqDG0iiMWTlilw/q2ssTuTwBgnscpsM/qGsHt/WzTHXS6+z4+50
 voKc4kwRsLd4TsCkW2bBpg==

<SEC-DOCUMENT>0000766524-00-000014.txt : 20000215
<SEC-HEADER>0000766524-00-000014.hdr.sgml : 20000215
ACCESSION NUMBER:		0000766524-00-000014
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20000203
FILED AS OF DATE:		20000214

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM CONVERTIBLE OPPORTUNITIES & INCOME TRUST
		CENTRAL INDEX KEY:			0000938380
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				046777185
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		
		SEC FILE NUMBER:	811-07253
		FILM NUMBER:		540405

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

	MAIL ADDRESS:	
		STREET 1:		PUTNAM CONVERTIBLE & INCM OPORTUN TRST
		STREET 2:		ONE POST OFFICE SQUARE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUTNAM CONVERTIBLE & INCOME OPPORTUNITIES TRUST
		DATE OF NAME CHANGE:	19950221
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			PUTNAM INVESTMENTS INC
	CENTRAL INDEX KEY:			0000766524
	STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
<RELATIONSHIP>OWNER
	IRS NUMBER:				042539558
	STATE OF INCORPORATION:			DE
	FISCAL YEAR END:			1231

FILING VALUES:
	FORM TYPE:		3

BUSINESS ADDRESS:	
	STREET 1:		ONEPOST OFFICE SQUARE
	CITY:			BOSTON
	STATE:			MA
	ZIP:			02109
	BUSINESS PHONE:		6172921000

MAIL ADDRESS:	
	STREET 1:		ONE POST OFFICE SQU
	CITY:			BOSTON
	STATE:			MA
	ZIP:			02109
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<DESCRIPTION>FORM 3 FILING
<TEXT>


February 14, 2000


Securities and Exchange Commission
450 Fifth Street N.W.
Washington,D C.  20549

Re:  Initial Statement of Beneficial Ownership of Securities
     on behalf of Reporting Person

Dear Madam/Sir:

We are filing Form 3 through the EDGAR system on behalf of
Putnam Investments, Inc. required to be filed by this
organization pursuant to Section 16 of the Securities
Exchange Act of 1934 or Section 30(f) of the Investment
Company Act of 1940.

In addition, a copy of Form 3 is being sent to the principal
national securities exchange where the Issuer is traded.

Comments or questions concerning the above may be directed
to the undersigned at 617-760-8235.

Very truly yours,


PUTNAM INVESTMENTS, INC.


By:  Andrew J. Hachey
     Assistant Vice President


/form3cvr

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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