-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EwzVdYpi29aiuHedPWkAG7WlC8C787nonY/cGSzSu7lB+vlrhY3c4o0PXx02Hs/n VIGMxvtRFUEndJGbSndubw== 0000928816-08-000432.txt : 20080331 0000928816-08-000432.hdr.sgml : 20080331 20080331150117 ACCESSION NUMBER: 0000928816-08-000432 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080131 FILED AS OF DATE: 20080331 DATE AS OF CHANGE: 20080331 EFFECTIVENESS DATE: 20080331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM CONVERTIBLE INCOME GROWTH TRUST CENTRAL INDEX KEY: 0000081247 IRS NUMBER: 042493360 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-02280 FILM NUMBER: 08723934 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE FUND DATE OF NAME CHANGE: 19841212 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE FUND INC /PRED/ DATE OF NAME CHANGE: 19821109 0000081247 S000005511 PUTNAM CONVERTIBLE INCOME GROWTH TRUST C000015003 Class C Shares C000015004 Class A Shares PCONX C000015005 Class B Shares PCNBX C000015006 Class M Shares PCNMX C000015007 Class R Shares PCVRX C000015008 Class Y Shares PCGYX N-Q 1 a_convertibleincomegrwth.htm PUTNAM CONVERTIBLE INCOME-GROWTH TRUST a_convertibleincomegrwth.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM N-Q
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
INVESTMENT COMPANY
 
Investment Company Act file number: (811- 02280)   
 
Exact name of registrant as specified in charter:  Putnam Convertible Income Growth Trust 
 
Address of principal executive offices: One Post Office Square, Boston, Massachusetts 02109 
 
Name and address of agent for service:  Beth S. Mazor, Vice President 
  One Post Office Square 
  Boston, Massachusetts 02109 
 
Copy to:  John W. Gerstmayr, Esq. 
  Ropes & Gray LLP 
  One International Place 
  Boston, Massachusetts 02110 
 
Registrant’s telephone number, including area code:  (617) 292-1000 
 
Date of fiscal year end: October 31, 2008     
 
Date of reporting period: January 31, 2008     

Item 1. Schedule of Investments:


Putnam Convertible Income-Growth Trust
The fund's portfolio
1/31/08 (Unaudited)

CONVERTIBLE BONDS AND NOTES (66.0%)(a)     
 
  Principal amount  Value 

Aerospace and Defense (2.9%)     
L-1 Identity Solutions, Inc. 144A cv. sr. notes     
3 3/4s, 2027  $5,870,000  $5,106,900 
Lockheed Martin Corp. cv. sr. notes FRN 4.619s, 2033  7,800,000  11,661,780 
Triumph Group, Inc. cv. sr. unsec. sub. notes 2 5/8s,     
2026  730,000  896,075 
Triumph Group, Inc. 144A cv. sr. sub. notes 2 5/8s,     
2026  3,800,000  4,664,500 
    22,329,255 

 
Airlines (0.6%)     
Pinnacle Airlines Corp. cv. sr. notes 3 1/4s, 2025  3,700,000  4,301,250 

 
Automotive (2.7%)     
Ford Motor Co. cv. sr. notes 4 1/4s, 2036  13,000,000  12,983,750 
United Auto Group, Inc. 144A cv. sr. sub. notes     
3 1/2s, 2026  7,800,000  7,770,750 
    20,754,500 

 
Banking (0.7%)     
Boston Private Financial Holdings, Inc. 144A cv. sr.     
unsec. notes 3s, 2027  5,800,000  5,484,480 

 
Beverage (0.9%)     
Molson Coors Brewing Co. cv. sr. unsec. notes 2 1/2s,     
2013  6,400,000  7,272,000 

 
Biotechnology (7.2%)     
Amgen, Inc. 144A cv. sr. notes 3/8s, 2013  8,800,000  7,942,000 
Amylin Pharmaceuticals, Inc. 144A cv. sr. notes 3s,     
2014  4,100,000  3,572,125 
BioMarin Pharmaceuticals, Inc. cv. sr. sub. notes     
1 7/8s, 2017  4,000,000  7,800,000 
Cubist Pharmaceuticals, Inc. cv. sub. notes 2 1/4s,     
2013  8,100,000  7,279,875 
Genzyme Corp. (General Division) cv. sr. notes 1 1/4s,     
2023  7,900,000  9,351,625 
Integra LifeSciences Holdings 144A cv. sr. notes     
2 3/4s, 2010  8,000,000  7,520,000 
Kendle International, Inc. cv. sr. notes 3 3/8s, 2012  6,700,000  7,537,500 
MannKind Corp. cv. sr. unsec. notes 3 3/4s, 2013  4,600,000  3,714,500 
    54,717,625 

 
Coal (2.6%)     
International Coal Group, Inc. 144A cv. company     
guaranty 9s, 2012  14,900,000  19,531,099 

 
Commercial and Consumer Services (1.8%)     
Dollar Financial Corp. 144A cv. sr. notes 2 7/8s, 2027  6,000,000  5,469,994 
Euronet Worldwide, Inc. cv. debs. 3 1/2s, 2025  2,100,000  2,029,125 
Euronet Worldwide, Inc. 144A cv. debs. 3 1/2s, 2025  3,400,000  3,285,250 
Live Nation, Inc. 144A cv. sr. notes 2 7/8s, 2027  4,000,000  3,010,000 
    13,794,369 

 
Communications Equipment (0.6%)     
Arris Group, Inc. cv. sr. unsec. notes 2s, 2026  5,000,000  4,300,000 

 
Computers (3.5%)     
Anixter International, Inc. 144A cv. sr. notes 1s, 2013  6,800,000  8,449,000 
Cray, Inc. cv. sr. sub. notes 3s, 2024  2,000,000  1,750,000 
Cray, Inc. 144A cv. sr. sub. notes 3s, 2024  4,600,000  4,025,000 
EMC Corp. 144A cv. sr. notes 1 3/4s, 2013  5,800,000  7,337,000 
SPSS, Inc. 144A cv. sub. notes 2 1/2s, 2012  4,800,000  4,806,000 
    26,367,000 

 
Consumer Goods (0.8%)     
Chattem, Inc. cv. sr. notes 1 5/8s, 2014  3,100,000  3,743,250 
Chattem, Inc. 144A cv. sr. notes 1 5/8s, 2014  2,000,000  2,415,000 
    6,158,250 

 
Electrical Equipment (0.7%)     
WESCO International, Inc. cv. sr. debs. Ser. *,     
2 5/8s, 2025  1,700,000  2,001,750 
WESCO International, Inc. 144A cv. sr. debs. 2 5/8s,     
2025  2,900,000  3,414,750 
    5,416,500 

 
Electronics (4.6%)     
Advanced Micro Devices, Inc. cv. sr. unsec. notes     
5 3/4s, 2012  10,200,000  8,300,250 
General Cable Corp. 144A cv. sr. notes 1s, 2012  7,700,000  7,844,375 


Intel Corp. 144A cv. sub. bonds 2.95s, 2035  10,700,000  10,646,500 
Liberty Media Corp. cv. sr. notes 3 1/2s, 2031  6,900,000  4,677,772 
RF Micro Devices, Inc. 144A cv. sub. notes 1s, 2014  4,500,000  3,133,125 
    34,602,022 

 
Energy (2.8%)     
Global Industries, Ltd. 144A cv. unsec. notes 2 3/4s,     
2027  6,000,000  4,875,000 
Transocean, Inc. cv. sr. unsec. notes, Ser. C, 1 1/2s,     
2037  15,650,000  16,409,025 
    21,284,025 

 
Energy (Other) (1.1%)     
Covanta Holding Corp. cv. sr. debs. 1s, 2027  3,700,000  3,945,125 
Suntech Power Holdings Co., Ltd. 144A cv. sr. notes     
1/4s, 2012 (China)  3,500,000  4,777,500 
    8,722,625 

 
Entertainment (1.7%)     
Lions Gate Entertainment Corp. cv. sr. sub. bonds     
stepped-coupon 3 5/8s (3 1/8s, 3/15/12) 2025 (Canada)     
(STP)  1,300,000  1,270,750 
Lions Gate Entertainment Corp. 144A cv. sr. sub. bonds     
stepped-coupon 3 5/8s (3 1/8s, 3/15/12) 2025 (Canada)     
(STP)  5,800,000  5,669,500 
Macrovision Corp. cv. sr. notes 2 5/8s, 2011  3,600,000  3,303,000 
Macrovision Corp. 144A cv. sr. notes 2 5/8s, 2011  3,000,000  2,752,500 
    12,995,750 

 
Financial (1.7%)     
Countrywide Financial Corp. 144A cv. company guaranty     
unsec. sr. notes FRN, Ser. A, 0.758s, 2037  14,100,000  12,864,840 

 
Forest Products and Packaging (0.8%)     
Rayonier TRS Holdings, Inc. 144A cv. sr. notes 3 3/4s,     
2012  5,900,000  6,010,625 

 
Gaming & Lottery (0.6%)     
Scientific Games Corp. 144A cv. company guaranty 3/4s,     
2024  4,400,000  4,444,000 

 
Health Care Services (2.5%)     
Dendreon Corp. 144A cv. sr. sub. notes 4 3/4s, 2014  4,000,000  3,255,000 
LifePoint Hospitals, Inc. cv. sr. sub. notes 3 1/2s,     
2014  6,400,000  5,520,000 
Molina Healthcare, Inc. cv. sr. notes Ser. MOH,     
3 3/4s, 2014  5,200,000  5,460,000 
United Therapeutics Corp. cv. sr. notes 1/2s, 2011  500,000  637,500 
United Therapeutics Corp. 144A cv. sr. notes 1/2s, 2011  3,500,000  4,462,500 
    19,335,000 

 
Investment Banking/Brokerage (1.0%)     
KKR Financial Holdings, LLC 144A cv. sr. unsec. notes     
7s, 2012  8,810,000  7,929,000 

 
Manufacturing (0.8%)     
Trinity Industries, Inc. cv. sub. notes 3 7/8s, 2036  7,000,000  6,186,250 

 
Medical Technology (3.3%)     
China Medical Technologies, Inc. cv. sr. unsec. sub.     
notes 3 1/2s, 2011 (China)  1,700,000  2,790,125 
China Medical Technologies, Inc. 144A cv. sr. unsec.     
sub. notes 3 1/2s, 2011 (China)  3,500,000  5,744,375 
EPIX Medical, Inc. cv. sr. notes 3s, 2024  3,300,000  2,211,000 
EPIX Medical, Inc. 144A cv. sr. notes 3s, 2024  4,300,000  2,881,000 
Medtronic, Inc. cv. sr. notes 1 5/8s, 2013  2,200,000  2,307,250 
Medtronic, Inc. 144A cv. sr. notes 1 5/8s, 2013  8,500,000  8,914,375 
    24,848,125 

 
Metal Fabricators (0.5%)     
USEC, Inc. cv. unsec. sr. notes 3s, 2014  4,100,000  3,684,875 

 
Oil & Gas (1.5%)     
Penn Virginia Corp. cv. sr. unsec. sub. notes 4 1/2s,     
2012  5,400,000  5,670,000 
St. Mary Land & Exploration Co. cv. sr. notes 3 1/2s,     
2027  5,500,000  5,589,375 
    11,259,375 

 
Pharmaceuticals (0.9%)     
CV Therapeutics, Inc. cv. sub. notes 3 1/4s, 2013  8,609,000  6,811,871 

 
Real Estate (3.3%)     
Alexandria Real Estate Equities, Inc. 144A cv. sr.     
notes 3.7s, 2027 (R)  4,000,000  3,940,000 
Corporate Office Properties LP 144A cv. company     
guaranty 3 1/2s, 2026 (R)  3,400,000  2,873,000 
Forest City Enterprises, Inc. cv. notes 3 5/8s, 2011     
(R)  3,100,000  2,658,870 


 
Forest City Enterprises, Inc. 144A cv. notes 3 5/8s,     
2011 (R)  3,500,000  3,001,950 
General Growth Properties, Inc. 144A cv. sr. notes     
3.98s, 2027  9,600,000  7,644,000 
Sunstone Hotel Partnership, LLC 144A cv. company     
guaranty 4.6s, 2027 (R)  6,200,000  5,162,126 
    25,279,946 

 
Retail (2.3%)     
Charming Shoppes cv. sr. unsec. notes 1 1/8s, 2014  1,800,000  1,305,000 
Charming Shoppes 144A cv. sr. unsec. notes 1 1/8s, 2014  3,800,000  2,755,000 
Nash Finch Co. cv. sr. sub. notes stepped-coupon     
1.631s (zero %, 3/15/13) 2035 (STP)  6,447,000  2,925,326 
Nash Finch Co. 144A cv. sr. sub. notes stepped-coupon     
1.631s (zero%, 3/15/13) 2035 (STP)  8,500,000  3,856,875 
Pantry, Inc. (The) cv. sr. sub. notes 3s, 2012  4,400,000  4,009,500 
Pantry, Inc. (The) 144A cv. sr. sub. notes 3s, 2012  2,600,000  2,369,250 
    17,220,951 

 
Software (2.5%)     
Borland Software Corp. 144A cv. sr. notes 2 3/4s, 2012  5,400,000  3,861,000 
Cadence Design Systems, Inc. 144A cv. sr. notes     
1 1/2s, 2013  5,100,000  4,373,250 
Symantec Corp. cv. sr. unsec. notes 1s, 2013  9,300,000  10,532,250 
    18,766,500 

 
Technology (1.7%)     
Acquicor Technology, Inc. 144A cv. notes 8s, 2011  3,422,000  2,652,050 
CACI International, Inc. 144A cv. sr. sub. notes     
2 1/8s, 2014  3,720,000  3,710,700 
ON Semiconductor Corp. 144A cv. sr. sub. notes 2 5/8s,     
2026  7,000,000  6,396,250 
    12,759,000 

 
Technology Services (3.0%)     
DST Systems, Inc. 144A cv. sr. notes Ser. A, 4 1/8s,     
2023  5,000,000  7,825,000 
Safeguard Scientifics, Inc. 144A cv. sr. notes 2 5/8s,     
2024  10,500,000  8,662,500 
Trizetto Group 144A cv. sr. notes 1 1/8s, 2012  5,700,000  5,999,250 
    22,486,750 

 
Telecommunications (3.4%)     
Equinix, Inc. cv. sub. notes 3s, 2014  3,000,000  3,082,500 
Level 3 Communications, Inc. cv. sr. notes 3 1/2s, 2012  6,700,000  6,021,625 
NII Holdings, Inc. cv. sr. unsec. notes 2 3/4s, 2025  2,000,000  2,322,500 
NII Holdings, Inc. 144A cv. sr. unsec. notes 3 1/8s,     
2012  3,500,000  3,005,625 
NII Holdings, Inc. 144A cv. sr. unsec. notes 2 3/4s,     
2025  3,800,000  4,412,750 
SBA Communications Corp. cv. sr. notes 3/8s, 2010  6,700,000  7,085,250 
    25,930,250 

 
Waste Management (1.0%)     
Waste Connections, Inc. cv. sr. notes 3 3/4s, 2026  4,900,000  5,328,750 
Waste Connections, Inc. 144A cv. sr. notes 3 3/4s, 2026  2,000,000  2,175,000 
    7,503,750 

 
Total convertible bonds and notes (cost $503,445,726)    $501,351,858 
 
CONVERTIBLE PREFERRED STOCKS (24.9%)(a)     
  Shares  Value 

Automotive (1.8%)     
General Motors Corp. $1.563 cum. cv. pfd.  646,600  $13,578,600 

 
Banking (1.2%)     
Washington Mutual, Inc. Ser. R, 7.75% cv. pfd.  7,785  9,050,063 

 
Building Materials (0.7%)     
Stanley Works (The) FRN 6.53% units cv. pfd.  5,531,000  5,229,090 

 
Chemicals (0.7%)     
Celanese Corp. $1.063 cum. cv. pfd.  112,400  5,423,300 

 
Electric Utilities (1.0%)     
Entergy Corp. $3.813 cv. pfd.  124,200  7,979,850 

 
Financial (2.7%)     
Citigroup, Inc. Ser. T, $3.25 cv. pfd.  219,420  11,930,963 
SLM Corp. Ser. C, 7.25% cum. cv. pfd.  7,784  8,562,400 
    20,493,363 

 
Food (0.9%)     
Bunge, Ltd. 4.875% cv. pfd.  50,254  7,236,576 

 
Insurance (3.4%)     
Alleghany Corp. 5.75% cv. pfd.  19,175  6,627,359 
Citigroup Funding, Inc. Ser. GNW, 5.02% cv. pfd.  538,400  12,550,104 


 
Platinum Underwriters Holdings, Ltd. Ser. A, 6.00% cv.         
pfd. (Bermuda)      232,236  6,996,110 
        26,173,573 

 
Investment Banking/Brokerage (0.8%)         
Affiliated Managers Group, Inc. 144A $2.55 cv. pfd.      138,000  6,417,000 

 
Metals (2.9%)         
Freeport-McMoRan Copper & Gold, Inc. $6.75 cv. pfd.      81,100  10,674,788 
Vale Capital, Ltd. Ser. RIO, $2.75 cv. pfd. (Cayman         
Islands)      191,460  11,367,938 
        22,042,726 

 
Natural Gas Utilities (1.1%)         
El Paso Corp. 144A 4.99% cv. pfd.      5,950  8,055,556 

 
Oil & Gas (3.0%)         
Chesapeake Energy Corp. $4.50 cum. cv. pfd.      111,000  11,585,625 
Edge Petroleum Ser. A, $2.875 cum. cv. pfd.      62,700  2,180,079 
McMoRan Exploration Co. $6.75 cum. cv. pfd.      80,000  8,889,040 
        22,654,744 

 
Pharmaceuticals (1.1%)         
Mylan, Inc. 6.50% cv. pfd.      7,750  8,156,875 

 
Power Producers (0.9%)         
NRG Energy, Inc. 5.75% cv. pfd.      20,300  6,861,400 

 
Real Estate (1.1%)         
Digital Realty Trust, Inc. $1.094 cv. pfd.      186,500  3,939,813 
Entertainment Properties Trust Ser. C, $1.437 cum. cv.         
pfd. (R)      205,900  4,118,000 
        8,057,813 

 
Retail (0.6%)         
Retail Ventures, Inc. $3.312 cv. pfd.      123,200  4,589,200 

 
Tobacco (1.0%)         
Universal Corp. 6.75% cv. pfd.      5,888  7,341,600 

 
Total convertible preferred stocks (cost $184,298,420)        $189,341,329 
 
COMMON STOCKS (6.9%)(a)         
      Shares  Value 

Advertising and Marketing Services (0.3%)         
Information Services Group, Inc. (Unit) (NON)      343,750  $2,182,813 

 
Banking (2.2%)         
Bank of America Corp.      185,800  8,240,230 
U.S. Bancorp      250,200  8,494,290 
        16,734,520 

 
Broadcasting (0.6%)         
Sinclair Broadcast Group, Inc. Class A      461,200  4,150,800 

 
Energy (Other) (0.5%)         
Brazil Ethanol, Inc. 144A (Unit) (NON)      312,500  2,968,750 
FutureFuel Corp. (acquired 7/3/06, cost $1,058,460)         
(RES)(NON)      138,000  759,000 
        3,727,750 

 
Miscellaneous (0.7%)         
Tailwind Financial, Inc. (Unit) (Canada) (NON)      375,000  3,048,750 
Trian Acquisition I Corp. (Unit) (NON)      250,000  2,535,000 
        5,583,750 

 
Pharmaceuticals (1.3%)         
Johnson & Johnson      156,710  9,913,475 

 
Railroads (1.0%)         
CSX Corp.      158,500  7,684,080 

 
Telecommunications (0.3%)         
Transforma Acquisition Group, Inc. (Unit) (NON)      312,500  2,525,000 

 
Total common stocks (cost $50,588,519)        $52,502,188 
 
UNITS (0.9%)(a) (cost $6,491,598)         
      Units  Value 

Elf Special Financing, Ltd. 144A cv. units FRN Ser. B,         
5.341s, 2009 (Cayman Islands)      65  $6,477,250 
 
 
WARRANTS (--%)(a)(NON) (cost $32,472)         
  Expiration date  Strike Price  Warrants  Value 

FutureFuel Corp. (acquired 7/3/06, cost $32,472) (RES)  7/12/10  $6.00  98,400  $147,600 


TOTAL INVESTMENTS   

Total investments (cost $744,856,735) (b)  $749,820,225 


NOTES

(a) Percentages indicated are based on net assets of $760,025,604.

(b) The aggregate identified cost on a tax basis is $743,480,454, resulting in gross unrealized appreciation and depreciation of $57,402,618 and $51,062,847, respectively, or net unrealized appreciation of $6,339,771.

The fund invests in Putnam Prime Money Market Fund, an open-end management investment company managed by Putnam Investment Management, LLC ("Putnam Management"), the fund's manager, a wholly-owned subsidiary of Putnam, LLC. Investments in Putnam Prime Money Market Fund are valued at its closing net asset value each business day. Management fees paid by the fund are reduced by an amount equal to the management fees paid by Putnam Prime Money Market Fund with respect to assets invested by the fund in Putnam Prime Money Market Fund. Income distributions earned by the fund totaled $197,005 for the period ended January 31, 2008. During the period ended January 31, 2008, cost of purchases and proceeds of sales of investments in Putnam Prime Money Market Fund aggregated $69,586,670 and $77,524,159, respectively.

(NON) Non-income-producing security.

(STP) The interest rate and date shown parenthetically represent the new interest rate to be paid and the date the fund will begin accruing interest at this rate.

(RES) Restricted, excluding 144A securities, as to public resale. The total market value of restricted securities held at January 31, 2008 was $906,600 or 0.1% of net assets.

(R) Real Estate Investment Trust.

144A after the name of an issuer represents securities exempt from registration under Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

The rates shown on Floating Rate Notes (FRN) are the current interest rates at January 31, 2008.

The dates shown on debt obligations are the original maturity dates.

Security valuation Investments for which market quotations are readily available are valued at the last reported sales price on their principal exchange, or official closing price for certain markets. If no sales are reported -- as in the case of some securities traded over-the-counter -- a security is valued at its last reported bid price. Market quotations are not considered to be readily available for certain debt obligations; such investments are valued at fair value on the basis of valuations furnished by an independent pricing service or dealers, approved by the Trustees. Such services or dealers determine valuations for normal institutional-size trading units of such securities using methods based on market transactions for comparable securities and various relationships, generally recognized by institutional traders, between securities. Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange and therefore the closing prices for securities in such markets or on such exchanges may not fully reflect events that occur after such close but before the close of the New York Stock Exchange. Accordingly, on certain days, the fund will fair value foreign equity securities taking into account multiple factors, including movements in the U.S. securities markets. The number of days on which fair value prices will be used will depend on market activity and it is possible that fair value prices will be used by the fund to a significant extent.

Securities quoted in foreign currencies, if any, are translated into U.S. dollars at the current exchange rate. Certain investments, including certain restricted securities and derivatives, are also valued at fair value following procedures approved by the Trustees. Such valuations and procedures are reviewed periodically by the Trustees. The fair value of securities is generally determined as the amount that the fund could reasonably expect to realize from an orderly disposition of such securities over a reasonable period of time. By its nature, a fair value price is a good faith estimate of the value of a security at a given point in time and does not reflect an actual market price, which may be different by a material amount.

For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnaminvestments.com


Item 2. Controls and Procedures:

(a) The registrant's principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms.

(b) Changes in internal control over financial reporting: Not applicable

Item 3. Exhibits:

Separate certifications for the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended, are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Putnam Convertible Income-Growth Trust

By (Signature and Title):

/s/ Janet C. Smith
Janet C. Smith
Principal Accounting Officer
Date: March 31, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title):

/s/ Charles E. Porter
Charles E. Porter
Principal Executive Officer
Date: March 31, 2008

By (Signature and Title):

/s/ Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer
Date: March 31, 2008


EX-99.CERT 2 b_cert.htm EX-99.CERT b_cert.htm

Certifications

I, Charles E. Porter, the Principal Executive Officer of the funds listed on Attachment A, certify that:

1. I have reviewed each report on Form N-Q of the funds listed on Attachment A:

2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report;

3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed to each registrant’s auditors and the audit committee of each registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant’s ability to record, process, summarize, and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant’s internal control over financial reporting.

/s/ Charles E. Porter
_____________________________
Date: March 28, 2008
Charles E. Porter
Principal Executive Officer


Certifications

I, Steven D. Krichmar, the Principal Financial Officer of the funds listed on Attachment A, certify that:

1. I have reviewed each report on Form N-Q of the funds listed on Attachment A:

2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report;

3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed to each registrant’s auditors and the audit committee of each registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant’s ability to record, process, summarize, and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant’s internal control over financial reporting.

/s/ Steven D. Krichmar
_______________________________
Date: March 28, 2008
Steven D. Krichmar
Principal Financial Officer


 
  Attachment A   
  NQ   
  Period (s) ended January 31, 2008   
 
 
2OV  Putnam Mid Cap Value Fund 
052  Putnam Managed Municipal Income Trust 
183  Putnam Municipal Bond Fund 
582  Putnam Municipal Opportunities Trust 
002  The Putnam Fund for Growth & Income 
004  Putnam Income Fund 
2II  Putnam Capital Opportunities Fund 
840  Putnam Utilities Growth & Income Fund 
2MI  Putnam Tax Smart Equity Fund 
005  Putnam Global Equity Fund 
008  Putnam Convertible Income-Growth Trust 
041  Putnam Global Income Trust 


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