| 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- 02608) |
| Exact name of registrant as specified in charter: | Putnam Money Market Fund |
| Address of principal executive offices: | One Post Office Square, Boston, Massachusetts 02109 |
| Name and address of agent for service: | Robert T. Burns, Vice President One Post Office Square Boston, Massachusetts 02109 |
| Copy to: | Bryan Chegwidden, Esq. Ropes & Gray LLP 1211 Avenue of the Americas New York, New York 10036 |
| Registrant’s telephone number, including area code: | (617) 292-1000 |
| Date of fiscal year end: | September 30, 2014 |
| Date of reporting period: | June 30, 2014 |
Item 1. Schedule of Investments: |
| Putnam Money Market Fund | ||||||
| The fund's portfolio | ||||||
| 6/30/14 (Unaudited) | ||||||
| COMMERCIAL PAPER (29.4%)(a) | ||||||
| Yield (%) | Maturity date | Principal amount | Value | |||
| American Honda Finance Corp. | 0.110 | 7/7/14 | $5,800,000 | $5,799,894 | ||
| American Honda Finance Corp. | 0.100 | 8/21/14 | 7,300,000 | 7,298,966 | ||
| Australia & New Zealand Banking Group, Ltd. 144A (Australia) | 0.222 | 2/25/15 | 2,000,000 | 2,000,000 | ||
| Australia & New Zealand Banking Group, Ltd. 144A (Australia) | 0.221 | 9/5/14 | 17,500,000 | 17,500,000 | ||
| Bank of America, NA, Ser. GLOB | 0.170 | 7/21/14 | 11,500,000 | 11,500,255 | ||
| BMW US Capital, LLC | 0.100 | 7/14/14 | 6,500,000 | 6,499,765 | ||
| BPCE SA (France) | 0.200 | 8/1/14 | 6,625,000 | 6,623,859 | ||
| Chevron Corp. | 0.110 | 9/17/14 | 13,025,000 | 13,021,896 | ||
| Coca-Cola Co. (The) | 0.200 | 7/21/14 | 10,500,000 | 10,498,833 | ||
| Coca-Cola Co. (The) 144A | 0.150 | 9/9/14 | 9,500,000 | 9,497,229 | ||
| COFCO Capital Corp. (Rabobank Nederland/NY (LOC)) | 0.180 | 7/15/14 | 8,600,000 | 8,599,398 | ||
| Commonwealth Bank of Australia 144A (Australia) | 0.221 | 12/5/14 | 10,775,000 | 10,775,000 | ||
| Commonwealth Bank of Australia 144A (Australia) | 0.181 | 10/1/14 | 9,300,000 | 9,300,000 | ||
| DnB Bank ASA 144A (Norway) | 0.230 | 10/7/14 | 12,075,000 | 12,067,440 | ||
| DnB Bank ASA 144A (Norway) | 0.140 | 8/4/14 | 8,200,000 | 8,198,296 | ||
| Export Development Canada (Canada) | 0.140 | 8/5/14 | 7,450,000 | 7,448,986 | ||
| General Electric Capital Corp. | 0.180 | 12/15/14 | 19,000,000 | 18,984,135 | ||
| HSBC Bank PLC 144A (United Kingdom) | 0.234 | 10/3/14 | 3,925,000 | 3,925,000 | ||
| HSBC USA, Inc. (United Kingdom) | 0.261 | 9/12/14 | 11,850,000 | 11,843,752 | ||
| HSBC USA, Inc. (United Kingdom) | 0.240 | 10/6/14 | 4,575,000 | 4,572,042 | ||
| Mitsubishi UFJ Trust & Banking Corp./NY 144A | 0.230 | 10/10/14 | 7,400,000 | 7,395,225 | ||
| Nestle Capital Corp. | 0.170 | 7/8/14 | 10,500,000 | 10,499,653 | ||
| Nordea Bank AB (Sweden) | 0.230 | 10/6/14 | 1,750,000 | 1,748,915 | ||
| Nordea Bank AB 144A (Sweden) | 0.210 | 9/9/14 | 10,000,000 | 9,995,917 | ||
| Procter & Gamble Co. (The) | 0.150 | 10/27/14 | 9,375,000 | 9,370,391 | ||
| Procter & Gamble Co. (The) 144A | 0.100 | 9/16/14 | 10,000,000 | 9,997,433 | ||
| Prudential PLC (United Kingdom) | 0.150 | 7/30/14 | 13,125,000 | 13,123,414 | ||
| Rabobank USA Financial Corp. (Netherlands) | 0.160 | 7/10/14 | 4,250,000 | 4,249,830 | ||
| Roche Holdings, Inc. 144A (Switzerland) | 0.100 | 8/5/14 | 19,025,000 | 19,023,150 | ||
| Skandinaviska Enskilda Banken AB (Sweden) | 0.185 | 8/5/14 | 9,700,000 | 9,698,255 | ||
| Skandinaviska Enskilda Banken AB (Sweden) | 0.160 | 7/14/14 | 3,250,000 | 3,249,812 | ||
| Standard Chartered Bank/New York 144A | 0.190 | 8/7/14 | 8,500,000 | 8,498,340 | ||
| Standard Chartered Bank/New York 144A | 0.190 | 7/3/14 | 5,000,000 | 4,999,947 | ||
| State Street Corp. | 0.180 | 12/1/14 | 11,500,000 | 11,491,203 | ||
| State Street Corp. | 0.150 | 11/6/14 | 7,700,000 | 7,695,893 | ||
| Sumitomo Mitsui Banking Corp. (Japan) | 0.170 | 7/22/14 | 13,404,000 | 13,402,671 | ||
| Svenska Handelsbanken, Inc. (Sweden) | 0.200 | 10/22/14 | 2,000,000 | 1,998,744 | ||
| Swedbank AB (Sweden) | 0.175 | 9/19/14 | 13,000,000 | 12,994,944 | ||
| Toyota Motor Credit Corp. | 0.200 | 9/8/14 | 13,975,000 | 13,969,643 | ||
| Toyota Motor Credit Corp. | 0.190 | 12/1/14 | 5,325,000 | 5,320,700 | ||
| Westpac Banking Corp. 144A (Australia) | 0.215 | 9/19/14 | 2,925,000 | 2,925,000 | ||
| Westpac Banking Corp. 144A (Australia) | 0.201 | 8/7/14 | 8,750,000 | 8,750,009 | ||
| Total commercial paper (cost $376,353,835) | $376,353,835 | |||||
| REPURCHASE AGREEMENTS (26.5%)(a) | ||||||
| Principal amount | Value | |||||
| Interest in $357,933,000 joint tri-party repurchase agreement dated 6/30/14 with Citigroup Global Markets, Inc./Salomon Brothers due 7/1/14 - maturity value of $113,553,315 for an effective yield of 0.10% (collateralized by a mortgage backed security and various U.S. Treasury notes and bonds with coupon rates ranging from 0.125% to 5.500% and due dates ranging from 6/30/15 to 2/15/44, valued at $365,091,754) | $113,553,000 | $113,553,000 | ||||
| Interest in $249,954,000 joint tri-party repurchase agreement dated 6/30/14 with Merrill Lynch, Pierce, Fenner and Smith Inc. due 7/1/14 - maturity value of $113,000,314 for an effective yield of 0.10% (collateralized by a mortgage backed security with a coupon rate of 4.000% and a due date of 6/1/42, valued at $254,953,081) | 113,000,000 | 113,000,000 | ||||
| Interest in $200,000,000 joint tri-party repurchase agreement dated 6/30/14 with RBC Capital Markets, LLC due 7/1/14 - maturity value of $113,000,283 for an effective yield of 0.09% (collateralized by various mortgage backed securities with coupon rates ranging from 2.500% to 5.000% and due dates ranging from 1/1/28 to 3/1/44, valued at $204,000,510) | 113,000,000 | 113,000,000 | ||||
| Total repurchase agreements (cost $339,553,000) | $339,553,000 | |||||
| MUNICIPAL BONDS AND NOTES (11.7%)(a) | ||||||
| Yield (%) | Maturity date | Rating(RAT) | Principal amount | Value | ||
| Illinois (1.5%) | ||||||
| University of Chicago Commercial Paper, Ser. A | 0.132 | 10/6/14 | P-1 | $10,900,000 | $10,895,597 | |
| University of Chicago Commercial Paper, Ser. A | 0.130 | 9/8/14 | P-1 | 7,725,000 | 7,723,075 | |
| 18,618,672 | ||||||
| Indiana (0.8%) | ||||||
| Saint Joseph County (University of Notre Dame Du Lac) Commercial Paper | 0.162 | 8/6/14 | P-1 | 10,000,000 | 9,998,400 | |
| 9,998,400 | ||||||
| Maryland (1.5%) | ||||||
| Johns Hopkins University Commercial Paper, Ser. A | 0.090 | 8/7/14 | P-1 | 2,000,000 | 1,999,930 | |
| Johns Hopkins University Commercial Paper, Ser. C | 0.130 | 9/17/14 | P-1 | 3,500,000 | 3,500,000 | |
| Johns Hopkins University Commercial Paper, Ser. C | 0.130 | 9/17/14 | P-1 | 3,487,000 | 3,487,000 | |
| Johns Hopkins University Commercial Paper, Ser. C | 0.130 | 9/10/14 | P-1 | 6,000,000 | 6,000,000 | |
| Johns Hopkins University Commercial Paper, Ser. C | 0.120 | 9/9/14 | P-1 | 4,875,000 | 4,875,000 | |
| 19,861,930 | ||||||
| Massachusetts (1.5%) | ||||||
| President and Fellows of Harvard College Commercial Paper | 0.160 | 12/8/14 | P-1 | 14,958,000 | 14,947,363 | |
| President and Fellows of Harvard College Commercial Paper | 0.140 | 9/8/14 | P-1 | 3,754,000 | 3,752,993 | |
| 18,700,356 | ||||||
| Michigan (1.0%) | ||||||
| Trinity Health Corporation Commercial Paper | 0.124 | 9/10/14 | P-1 | 12,775,000 | 12,771,805 | |
| 12,771,805 | ||||||
| New York (0.5%) | ||||||
| Trustees of Columbia University in the City of New York Commercial Paper | 0.120 | 9/25/14 | P-1 | 6,350,000 | 6,350,000 | |
| 6,350,000 | ||||||
| North Carolina (1.5%) | ||||||
| Duke University Commercial Paper, Ser. B-98 | 0.110 | 8/12/14 | P-1 | 19,425,000 | 19,422,507 | |
| 19,422,507 | ||||||
| Texas (3.2%) | ||||||
| Board of Regents of Texas Tech University Revenue Financing System Commercial Paper, Ser. A | 0.150 | 9/10/14 | P-1 | 11,450,000 | 11,450,000 | |
| Board of Regents of Texas Tech University Revenue Financing System Commercial Paper, Ser. A | 0.090 | 8/6/14 | P-1 | 3,025,000 | 3,024,972 | |
| Board of Regents of The Texas A&M University Revenue Financing System Commercial Paper, Ser. B | 0.130 | 8/4/14 | P-1 | 9,500,000 | 9,500,000 | |
| Harris County Health Facilities Development Authority VRDN (Texas Childrens Hospital), Ser. B-1(M) | 0.050 | 10/1/29 | VMIG1 | 3,530,000 | 3,530,000 | |
| University of Texas System Board of Regents Revenue Financing System Commercial Paper, Ser. A | 0.090 | 7/7/14 | P-1 | 13,937,000 | 13,937,000 | |
| 41,441,972 | ||||||
| Virginia (0.2%) | ||||||
| Regents of University of Virginia Commercial Paper, Ser. 03-A | 0.090 | 8/7/14 | P-1 | 3,000,000 | 2,999,894 | |
| 2,999,894 | ||||||
| Total municipal bonds and notes (cost $150,165,536) | $150,165,536 | |||||
| ASSET-BACKED COMMERCIAL PAPER (10.2%)(a) | ||||||
| Yield (%) | Maturity date | Principal amount | Value | |||
| Bedford Row Funding Corp. | 0.321 | 9/25/14 | $2,025,000 | $2,023,452 | ||
| Chariot Funding, LLC | 0.170 | 10/9/14 | 3,300,000 | 3,298,442 | ||
| Chariot Funding, LLC | 0.170 | 8/27/14 | 6,200,000 | 6,198,331 | ||
| Chariot Funding, LLC | 0.130 | 8/28/14 | 5,350,000 | 5,348,847 | ||
| Fairway Finance, LLC 144A FRN (Canada) | 0.172 | 10/6/14 | 9,350,000 | 9,350,000 | ||
| Gemini Securitization Corp., LLC | 0.210 | 7/14/14 | 6,425,000 | 6,424,513 | ||
| Jupiter Securitization Co., LLC | 0.180 | 7/1/14 | 2,925,000 | 2,925,000 | ||
| Jupiter Securitization Co., LLC | 0.158 | 8/22/14 | 7,490,000 | 7,488,294 | ||
| Jupiter Securitization Co., LLC | 0.100 | 7/7/14 | 2,850,000 | 2,849,953 | ||
| Liberty Street Funding, LLC (Canada) | 0.170 | 7/7/14 | 2,425,000 | 2,424,931 | ||
| Manhattan Asset Funding Co., LLC (Japan) | 0.170 | 7/28/14 | 3,500,000 | 3,499,554 | ||
| MetLife Short Term Funding, LLC | 0.180 | 9/15/14 | 20,000,000 | 19,992,400 | ||
| Old Line Funding, LLC 144A | 0.182 | 8/6/14 | 21,250,000 | 21,250,000 | ||
| Regency Markets No. 1, LLC | 0.140 | 7/14/14 | 3,250,000 | 3,249,836 | ||
| Regency Markets No. 1, LLC 144A | 0.140 | 7/15/14 | 8,550,000 | 8,549,535 | ||
| Thunder Bay Funding, LLC | 0.170 | 8/12/14 | 3,250,000 | 3,249,355 | ||
| Thunder Bay Funding, LLC 144A | 0.190 | 8/25/14 | 16,400,000 | 16,395,239 | ||
| Working Capital Management Co. (Japan) | 0.140 | 7/14/14 | 6,450,000 | 6,449,674 | ||
| Total asset-backed commercial paper (cost $130,967,356) | $130,967,356 | |||||
| CERTIFICATES OF DEPOSIT (9.0%)(a) | ||||||
| Interest rate (%) | Maturity date | Principal amount | Value | |||
| Bank of Nova Scotia/Houston FRN | 0.221 | 9/4/14 | $17,500,000 | $17,500,000 | ||
| Bank of Tokyo-Mitsubishi UFJ, Ltd. (The) (Japan) | 0.245 | 11/10/14 | 12,200,000 | 12,189,054 | ||
| Canadian Imperial Bank of Commerce/New York, NY FRN | 0.363 | 8/11/14 | 5,350,000 | 5,350,977 | ||
| Canadian Imperial Bank of Commerce/New York, NY FRN | 0.224 | 6/17/15 | 13,750,000 | 13,750,000 | ||
| JPMorgan Chase Bank | 0.420 | 8/11/14 | 2,500,000 | 2,500,767 | ||
| National Australia Bank, Ltd. FRN (Australia) | 0.217 | 2/26/15 | 10,300,000 | 10,300,000 | ||
| Sumitomo Mitsui Banking Corp./New York (Japan) | 0.250 | 10/22/14 | 1,450,000 | 1,450,000 | ||
| Svenska Handelsbanken/New York, NY (Sweden) | 0.175 | 9/8/14 | 2,105,000 | 2,105,000 | ||
| Svenska Handelsbanken/New York, NY FRN (Sweden) | 0.401 | 12/19/14 | 14,825,000 | 14,837,490 | ||
| Toronto-Dominion Bank/NY (Canada) | 0.600 | 3/3/15 | 1,000,000 | 1,002,369 | ||
| Toronto-Dominion Bank/NY FRN (Canada) | 0.214 | 11/18/14 | 13,500,000 | 13,500,000 | ||
| U.S. Bank, NA/Cincinnati, OH | 0.140 | 9/2/14 | 12,000,000 | 12,000,000 | ||
| Westpac Banking Corp./NY FRN (Australia) | 0.258 | 7/18/14 | 9,500,000 | 9,500,000 | ||
| Total certificates of deposit (cost $115,985,657) | $115,985,657 | |||||
| MUTUAL FUNDS (4.0%)(a) | ||||||
| Shares | Value | |||||
| Putnam Money Market Liquidity Fund 0.07%(AFF) | 51,735,503 | $51,735,503 | ||||
| Total mutual funds (cost $51,735,503) | $51,735,503 | |||||
| CORPORATE BONDS AND NOTES (3.5%)(a) | ||||||
| Interest rate (%) | Maturity date | Principal amount | Value | |||
| Bank of New York Mellon Corp. (The) sr. unsec. unsub. notes FRN, Ser. MTN | 1.077 | 11/24/14 | $3,500,000 | $3,512,960 | ||
| National Australia Bank, Ltd. 144A sr. unsec. notes FRN (Australia) | 0.528 | 1/22/15 | 9,500,000 | 9,516,874 | ||
| Nordea Bank AB 144A sr. unsec. unsub. notes, Ser. 2 (Sweden) | 3.700 | 11/13/14 | 7,050,000 | 7,138,479 | ||
| Toronto-Dominion Bank (The) sr. unsec. notes FRN, Ser. MTN (Canada) | 0.403 | 5/1/15 | 2,883,000 | 2,887,395 | ||
| U.S. Bank, NA/Cincinnati, OH unsec. sub. notes FRN, Ser. BKNT | 0.507 | 10/14/14 | 7,300,000 | 7,305,618 | ||
| Wells Fargo & Co. sr. unsec. notes FRN | 1.154 | 6/26/15 | 4,107,000 | 4,141,539 | ||
| Wells Fargo Bank, NA sr. unsec. notes FRN, Ser. MTN(M) | 0.321 | 7/15/19 | 11,000,000 | 10,999,998 | ||
| Total corporate bonds and notes (cost $45,502,863) | $45,502,863 | |||||
| U.S. TREASURY OBLIGATIONS (2.2%)(a) | ||||||
| Interest rate (%) | Maturity date | Principal amount | Value | |||
| U.S. Treasury Notes FRN | 0.094 | 4/30/16 | $13,050,000 | $13,050,790 | ||
| U.S. Treasury Notes FRN | 0.070 | 1/31/16 | 14,700,000 | 14,696,651 | ||
| Total U.S. treasury obligations (cost $27,747,441) | $27,747,441 | |||||
| U.S. GOVERNMENT AGENCY OBLIGATIONS (1.8%)(a) | ||||||
| Yield (%) | Maturity date | Principal amount | Value | |||
| Federal Home Loan Bank unsec. discount notes | 0.065 | 8/1/14 | $14,000,000 | 13,998,553 | ||
| Federal Home Loan Mortgage Corp. unsec. discount notes | 0.120 | 7/1/14 | 8,630,000 | 8,630,000 | ||
| Total U.S. government agency obligations (cost $22,628,553) | $22,628,553 | |||||
| TIME DEPOSITS (1.5%)(a) | ||||||
| Interest rate (%) | Maturity date | Principal amount | Value | |||
| Australia & New Zealand Banking Group, Ltd./Cayman Islands (Cayman Islands) | 0.080 | 7/1/14 | $19,000,000 | $19,000,000 | ||
| Total time deposits (cost $19,000,000) | $19,000,000 | |||||
| BANKERS ACCEPTANCES (0.3%)(a) | ||||||
| Interest rate (%) | Maturity date | Principal amount | Value | |||
| JPMorgan Chase Bank | 0.130 | 7/28/14 | $3,399,000 | $3,398,669 | ||
| Total bankers acceptances (cost $3,398,669) | $3,398,669 | |||||
| TOTAL INVESTMENTS | ||||||
| Total investments (cost $1,283,038,413)(b) | $1,283,038,413 | |||||
| Key to holding's abbreviations | |||
| BKNT | Bank Note | ||
| FRN | Floating Rate Notes: the rate shown is the current interest rate at the close of the reporting period | ||
| LOC | Letter of Credit | ||
| MTN | Medium Term Notes | ||
| VRDN | Variable Rate Demand Notes, which are floating-rate securities with long-term maturities that carry coupons that reset and are payable upon demand either daily, weekly or monthly. The rate shown is the current interest rate at the close of the reporting period. | ||
| Notes to the fund's portfolio | ||||||
| Unless noted otherwise, the notes to the fund's portfolio are for the close of the fund's reporting period, which ran from October 1, 2013 through June 30, 2014 (the reporting period). Within the following notes to the portfolio, references to “ASC 820” represent Accounting Standards Codification 820 Fair Value Measurements and Disclosures, references to “Putnam Management” represent Putnam Investment Management, LLC, the fund's manager, an indirect wholly-owned subsidiary of Putnam Investments, LLC and references to “OTC”, if any, represent over-the-counter. | ||||||
| (a) | Percentages indicated are based on net assets of $1,282,289,484. | |||||
| (RAT) | The Moody's, Standard & Poor's or Fitch ratings indicated are believed to be the most recent ratings available at the close of the reporting period for the securities listed. Ratings are generally ascribed to securities at the time of issuance. While the agencies may from time to time revise such ratings, they undertake no obligation to do so, and the ratings do not necessarily represent what the agencies would ascribe to these securities at the close of the reporting period. The rating of an insured security represents what is believed to be the most recent rating of the insurer's claims-paying ability available at the close of the reporting period, if higher than the rating of the direct issuer of the bond, and does not reflect any subsequent changes. Security ratings are defined in the Statement of Additional Information. | |||||
| (b) | The aggregate identified cost on a financial reporting and tax basis is the same. | |||||
| (AFF) | Affiliated company. The rate quoted in the security description is the annualized 7-day yield of the fund at the close of the reporting period. Transactions during the period with Putnam Money Market Liquidity Fund, which is under common ownership and control, were as follows: | |||||
| Name of affiliate | Fair value at the beginning of the reporting period | Purchase cost | Sale proceeds | Investment income | Fair value at the end of the reporting period | |
| Putnam Money Market Liquidity Fund * | $58,235,503 | $— | $6,500,000 | $24,509 | $51,735,503 | |
| * Management fees charged to Putnam Money Market Liquidity Fund have been waived by Putnam Management. | ||||||
| (M) | The security's effective maturity date is less than one year. | |||||
| Debt obligations are considered secured unless otherwise indicated. | ||||||
| 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 dates shown on debt obligations are the original maturity dates. | ||||||
| DIVERSIFICATION BY COUNTRY | ||||||
| Distribution of investments by country of risk at the close of the reporting period, excluding collateral received, if any (as a percentage of Portfolio Value): | ||||||
| United States | 75.0% | |||||
| Australia | 6.3 | |||||
| Sweden | 5.0 | |||||
| Japan | 2.9 | |||||
| Canada | 2.8 | |||||
| United Kingdom | 2.6 | |||||
| Norway | 1.6 | |||||
| Switzerland | 1.5 | |||||
| Cayman Islands | 1.5 | |||||
| France | 0.5 | |||||
| Netherlands | 0.3 | |||||
| Total | 100.0% | |||||
| Security valuation: The valuation of the fund’s portfolio instruments is determined by means of the amortized cost method (which approximates fair value) as set forth in Rule 2a-7 under the Investment Company Act of 1940. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter amortizing any discount or premium from its face value at a constant rate until maturity and is generally categorized as a Level 2 security. | ||||||
| Investments in open-end investment companies (excluding exchange traded funds), if any, which can be classified as Level 1 or Level 2 securities, are valued based on their net asset value. The net asset value of such investment companies equals the total value of their assets less their liabilities and divided by the number of their outstanding shares. | ||||||
| Repurchase agreements: The fund, or any joint trading account, through its custodian, receives delivery of the underlying securities, the fair value of which at the time of purchase is required to be in an amount at least equal to the resale price, including accrued interest. Collateral for certain tri-party repurchase agreements is held at the counterparty’s custodian in a segregated account for the benefit of the fund and the counterparty. Putnam Management is responsible for determining that the value of these underlying securities is at all times at least equal to the resale price, including accrued interest. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. | ||||||
| ASC 820 establishes a three-level hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of the fund’s investments. The three levels are defined as follows: | ||||
| Level 1: Valuations based on quoted prices for identical securities in active markets. | ||||
| Level 2: Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. | ||||
| Level 3: Valuations based on inputs that are unobservable and significant to the fair value measurement. | ||||
| The following is a summary of the inputs used to value the fund’s net assets as of the close of the reporting period: | ||||
| Valuation inputs | ||||
|
| ||||
| Investments in securities: | Level 1 | Level 2 | Level 3 | |
| Asset-backed commercial paper | $— | $130,967,356 | $— | |
| Bankers acceptances | — | 3,398,669 | — | |
| Certificates of deposit | — | 115,985,657 | — | |
| Commercial paper | — | 376,353,835 | — | |
| Corporate bonds and notes | — | 45,502,863 | — | |
| Municipal bonds and notes | — | 150,165,536 | — | |
| Mutual funds | 51,735,503 | — | — | |
| Repurchase agreements | — | 339,553,000 | — | |
| Time deposits | — | 19,000,000 | — | |
| U.S. government agency obligations | — | 22,628,553 | — | |
| U.S. treasury obligations | — | 27,747,441 | — | |
|
|
|
|
||
| Totals by level | $51,735,503 | $1,231,302,910 | $— | |
The following table summarizes any derivatives, repurchase agreements and reverse repurchase agreements, at the end of the reporting period, that are subject to an enforceable master netting agreement or similar agreement. For securities lending transactions, if applicable, see note "(d)" above, and for borrowing transactions associated with securities sold short, if applicable, see the "Short sales of securities" note above. | ||||||||
| Citigroup Global Markets, Inc./Salomon Brothers | Merrill Lynch, Pierce, Fenner and Smith Inc. | RBC Capital Markets, LLC | Total | |||||
| Assets: | ||||||||
| Repurchase agreements | $ 113,553,000 | $113,000,000 | $113,000,000 | $339,553,000 | ||||
| Total Assets | $113,553,000 | $113,000,000 | $113,000,000 | $339,553,000 | ||||
| Liabilities: | ||||||||
| Total Liabilities | $— | $— | $— | $— | ||||
| Total Financial and Derivative Net Assets | $113,553,000 | $113,000,000 | $113,000,000 | $339,553,000 | ||||
| Total collateral received (pledged)##† | $113,553,000 | $113,000,000 | $113,000,000 | |||||
| Net amount | $— | $— | $— | |||||
| † | Additional collateral may be required from certain brokers based on individual agreements. | |||||||
| ## | Any over-collateralization of total financial and derivative net assets is not shown. Collateral may include amounts related to unsettled agreements. | |||||||
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 Money Market Fund |
| By (Signature and Title): |
| /s/ Janet C. Smith Janet C. Smith Principal Accounting Officer Date: August 27, 2014 |
| 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/ Jonathan S. Horwitz Jonathan S. Horwitz Principal Executive Officer Date: August 27, 2014 |
| By (Signature and Title): |
| /s/ Steven D. Krichmar Steven D. Krichmar Principal Financial Officer Date: August 27, 2014 |
| Certifications | |
| I, Jonathan S. Horwitz, 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/ Jonathan S. Horwitz | |
| _____________________________ | |
Date: August 26, 2014 | |
| Jonathan S. Horwitz | |
| 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: August 26, 2014 | |
| Steven D. Krichmar | |
| Principal Financial Officer | |
Attachment A | |
NQ | |
Period (s) ended June 30, 2014 | |
| Putnam Master Intermediate Income Trust | |
| Putnam California Tax Exempt Income Fund | |
| Putnam American Government Income Fund | |
| Putnam Tax Exempt Income Fund | |
| Putnam International Growth Fund | |
| Putnam U.S. Government Income Trust | |
| Putnam Money Market Fund | |
| Putnam Money Market Liquidity Fund | |
| Putnam Tax Exempt Money Market Fund | |
| Putnam Diversified Income Trust | |
| Putnam Dynamic Asset Allocation Balanced Fund | |
| Putnam Dynamic Asset Allocation Growth Fund | |
| Putnam Dynamic Asset Allocation Conservative Fund |