0000928816-18-000333.txt : 20180220 0000928816-18-000333.hdr.sgml : 20180220 20180220093657 ACCESSION NUMBER: 0000928816-18-000333 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 13 FILED AS OF DATE: 20180220 DATE AS OF CHANGE: 20180220 EFFECTIVENESS DATE: 20180220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM MONEY MARKET FUND CENTRAL INDEX KEY: 0000081248 IRS NUMBER: 046386436 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-55091 FILM NUMBER: 18623352 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A-14 LEGAL DEPARTMENT CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921471 MAIL ADDRESS: STREET 1: MAILSTOP A-14 LEGAL DEPARTMENT STREET 2: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM DAILY DIVIDEND TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM MONEY MARKET FUND CENTRAL INDEX KEY: 0000081248 IRS NUMBER: 046386436 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-02608 FILM NUMBER: 18623353 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A-14 LEGAL DEPARTMENT CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921471 MAIL ADDRESS: STREET 1: MAILSTOP A-14 LEGAL DEPARTMENT STREET 2: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM DAILY DIVIDEND TRUST DATE OF NAME CHANGE: 19920703 0000081248 S000006251 PUTNAM MONEY MARKET FUND C000017191 Class T1 Shares C000017192 Class A Shares PDDXX C000017193 Class B Shares PTBXX C000017194 Class C Shares PFCXX C000017195 Class M Shares PTMXX C000017196 Class R Shares PURXX 485BPOS 1 a_mmcover.htm PUTNAM MONEY MARKET FUND

  As filed with the Securities and Exchange Commission on  
  February 20, 2018  
     
  Registration No. 2-55091
 

811-02608

   
  SECURITIES AND EXCHANGE COMMISSION  
  WASHINGTON, D.C. 20549  
     
  ---------------  
     
  FORM N-1A  
    ----
  REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 / X /
    ----
    ----
  Pre-Effective Amendment No. / /
    ----
    ----
  Post-Effective Amendment No. 59 / X /
  and/or ----
    ----
  REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY / X /
  ACT OF 1940 ----
    ----
  Amendment No. 55 / X /
  (Check appropriate box or boxes) ----
     
  ---------------  
 

PUTNAM MONEY MARKET FUND

 
  (Exact name of registrant as specified in charter)  
     
  One Post Office Square, Boston, Massachusetts 02109  
  (Address of principal executive offices)  
     
  Registrant's Telephone Number, including Area Code  
  (617) 292-1000  
     
  -----------------  
     
It is proposed that this filing will become effective  
  (check appropriate box)  
----    
/ / immediately upon filing pursuant to paragraph (b)  
----    
----    
/ X / on January 30, 2018 pursuant to paragraph (b)  
----    
----    
/ / 60 days after filing pursuant to paragraph (a)(1)  
----    
----    
/ / on (date) pursuant to paragraph (a)(1)  
----    
----    
/ / 75 days after filing pursuant to paragraph (a)(2)  
----    
----    
/ / on (date) pursuant to paragraph (a)(2) of Rule 485.  
----    
  If appropriate, check the following box:  
----    
/ / this post-effective amendment designates a new  
---- effective date for a previously filed post-effective amendment.  
     
  -----------------  
ROBERT T. BURNS, Vice President  

PUTNAM MONEY MARKET FUND

 
One Post Office Square  
Boston, Massachusetts 02109  
(Name and address of agent for service)  
  -----------------  
Copy to:  
     
BRYAN CHEGWIDDEN, Esquire  
ROPES & GRAY LLP  
1211 Avenue of the Americas  
New York, New York 10036  
  -----------------  




SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and The Commonwealth of Massachusetts, on the 20th day of February, 2018.

 

PUTNAM MONEY MARKET FUND

 

By: /s/ Jonathan S. Horwitz,
Executive Vice President, Principal Executive Officer and Compliance Liaison

 

Pursuant to the requirements of the Securities Act of 1933, as amended, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated:

 

Signature Title
Jameson A. Baxter* Chair, Board of Trustees
Kenneth R. Leibler* Vice Chair, Board of Trustees
Robert L. Reynolds* President and Trustee
Jonathan S. Horwitz* Executive Vice President, Principal Executive Officer and Compliance Liaison
Janet C. Smith* Vice President, Principal Financial Officer, Principal Accounting Officer and Assistant Treasurer
Liaquat Ahamed* Trustee
Ravi Akhoury* Trustee
Barbara M. Baumann* Trustee
Katinka Domotorffy* Trustee
Catharine Bond Hill* Trustee
Paul L. Joskow* Trustee
Robert E. Patterson* Trustee
George Putnam, III* Trustee
Manoj P. Singh* Trustee

 

 

By: /s/Jonathan S. Horwitz, as Attorney-in-Fact
February 20, 2018

 

*Signed pursuant to power of attorney filed in Post-Effective Amendment No. 58 to the Money Market Fund’s Registration Statement on January 25, 2018.

 

 

 

 

 

 

 

 

EX-101.INS 2 pddxx-20180130.xml XBRL INSTANCE FILE 0000081248 2018-01-30 2018-01-30 0000081248 PDDXX:S000006251Member 2018-01-30 2018-01-30 0000081248 PDDXX:S000006251Member PDDXX:C000017192Member 2018-01-30 2018-01-30 0000081248 PDDXX:S000006251Member PDDXX:C000017193Member 2018-01-30 2018-01-30 0000081248 PDDXX:S000006251Member PDDXX:C000017194Member 2018-01-30 2018-01-30 0000081248 PDDXX:S000006251Member PDDXX:C000017195Member 2018-01-30 2018-01-30 0000081248 PDDXX:S000006251Member PDDXX:C000017196Member 2018-01-30 2018-01-30 0000081248 PDDXX:S000006251Member PDDXX:C000017191Member 2018-01-30 2018-01-30 iso4217:USD xbrli:pure 485BPOS 2017-12-31 PUTNAM MONEY MARKET FUND 0000081248 false PDDXX 2018-01-30 2018-01-30 2018-01-30 <b>Goal</b> <b>Fees and expenses</b> <b>Shareholder fees </b><i>(fees paid directly from your investment) <b>Annual fund operating expenses </b><i><br />(expenses you pay each year as a percentage of the value of your investment) <b>Example</b> <b>Investments, risks, and performance</b><br /> <br /> <b>Investments</b> <b>Risks</b> An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. <b>Performance</b> The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund&#8217;s performance year to year and over time. putnam.com Please remember that past performance is not necessarily an indication of future results. <b>Annual total returns for class A shares</b> The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Best calendar quarter<br /> <b>Q1 2008&#160;&#160; 0.92%</b> <br /><br />Worst calendar quarter<br /> <b>Q3 2016&#160; 0.00%</b> Best calendar quarter Worst calendar quarter <b>Average annual total returns </b><i>(for periods ended 12/31/17)</i> Putnam Money Market Fund seeks as high a rate of current income as Putnam Investment Management, LLC believes is consistent with preservation of capital and maintenance of liquidity. The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. 0 0 0 0 0 0 0.0100 0.0500 0.0100 0 0 0.0100 <div style="display: none">~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column period compact * column dei_LegalEntityAxis compact PDDXX_S000006251Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0.0029 0.0029 0.0029 0.0029 0.0029 0.0029 0.0021 0.0021 0.0021 0.0021 0.0021 0.0021 0.0050 0.0050 0.0050 0.0050 0.0050 0.0050 <div style="display: none">~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column period compact * column dei_LegalEntityAxis compact PDDXX_S000006251Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then redeem or hold all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund&#8217;s operating expenses remain the same. Your actual costs may be higher or lower. 628 628 628 628 628 628 280 480 280 280 280 280 160 460 160 160 160 160 51 551 151 51 51 51 628 280 160 51 We invest mainly in money market instruments that are high quality and have short-term maturities. We invest significantly in certificates of deposit, commercial paper (including asset-backed commercial paper), U.S. government debt and repurchase agreements, corporate obligations and time deposits. We may also invest in U.S. dollar denominated foreign securities of these types. We may consider, among other factors, credit and interest rate risks, as well as general market conditions, when deciding whether to buy or sell investments. The values of money market investments usually rise and fall in response to changes in interest rates. Interest rate risk is generally lowest for investments with short maturities (a significant part of the fund&#8217;s investments). Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security&#8217;s or instrument&#8217;s credit quality or value. Although the fund only buys high quality investments, investments backed by a letter of credit have the risk that the provider of the letter of credit will not be able to fulfill its obligations to the issuer. The effects of inflation may erode the value of your investment over time.<br /> <br /> The fund may not achieve its goal, and is not intended to be a complete investment program. You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund&#8217;s liquidity falls below certain required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund&#8217;s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund&#8217;s liquidity falls below certain required minimums because of market conditions or other factors. The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund&#8217;s performance year to year and over time. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com. 0.0271 0.0029 0.0005 0.0001 0.0001 0.0001 0.0001 0.0001 0.0004 0.0064 <div style="display: none">~ http://xbrl.sec.gov/rr/role/BarChartData column period compact * column dei_LegalEntityAxis compact PDDXX_S000006251Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 2008-03-30 0.0092 2016-09-30 0.0000 0.0037 0.0031 0.0029 0.0035 0.0029 0.0033 0.0014 -0.0028 0.0012 0.0013 0.0012 0.0012 0.0064 -0.0445 -0.0045 0.0060 0.0055 0.0058 Class B share performance reflects conversion to class A shares after eight years. <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_LegalEntityAxis compact PDDXX_S000006251Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column period compact * column dei_LegalEntityAxis compact PDDXX_S000006251Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/PerformanceTableData column period compact * column dei_LegalEntityAxis compact PDDXX_S000006251Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <b>Fund Summary</b> Restated to reflect current fees. The fund's Board of Trustees determined to limit payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares to 0.00% of average net assets effective as of the close of business on March 31, 2017. Beginning on April 1, 2017, the fund no longer makes payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares. A deferred sales charge on class A, B, C, and T1 shares may apply to certain redemptions of shares purchased by exchange from another Putnam fund. The rate of the deferred sales charge for class B shares will be determined based on the time between the original purchase of class B shares from the other Putnam fund(s) and the date of redemption of shares from this fund. Restated to reflect current fees. The fund's Board of Trustees determined to limit payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares to 0.00% of average net assets effective as of the close of business on March 31, 2017. Beginning on April 1, 2017, the fund no longer makes payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares. Reflects assessment of deferred sales charge assuming class B shares were acquired by exchange from one or more other Putnam funds immediately after purchase of shares from such other fund(s). 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sales charge (load) imposed on purchases (as a percentage of offering price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Column [Text] Management fees Distribution and service (12b-1) fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Other expenses Acquired Fund Fees and Expenses Total annual fund operating expenses Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Expense Example, By Year, Column [Text] Expense Example, with Redemption, 1 Year Expense Example, with Redemption, 3 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, 1 Year Expense Example, No Redemption, 3 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Label 1 Year 5 Years 10 Years Since Inception Inception Date Risk/Return Detail [Table] Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Prospectus Date Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text] Risk Lose Money 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Putnam Money Market Fund
Fund Summary
Goal
Putnam Money Market Fund seeks as high a rate of current income as Putnam Investment Management, LLC believes is consistent with preservation of capital and maintenance of liquidity.
Fees and expenses
The following table describes the fees and expenses you may pay if you buy and hold shares of the fund.
Shareholder fees (fees paid directly from your investment)
Shareholder Fees - Putnam Money Market Fund
Class A
Class B
Class C
Class M
Class R
Class T1
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none none none none none none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) 1.00% [1] 5.00% [1] 1.00% [1] none none 1.00% [1]
[1] A deferred sales charge on class A, B, C, and T1 shares may apply to certain redemptions of shares purchased by exchange from another Putnam fund. The rate of the deferred sales charge for class B shares will be determined based on the time between the original purchase of class B shares from the other Putnam fund(s) and the date of redemption of shares from this fund.
Annual fund operating expenses
(expenses you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Putnam Money Market Fund
Class A
Class B
Class C
Class M
Class R
Class T1
Management fees 0.29% 0.29% 0.29% 0.29% 0.29% 0.29%
Distribution and service (12b-1) fees [1]
Other expenses 0.21% 0.21% 0.21% 0.21% 0.21% 0.21%
Total annual fund operating expenses 0.50% 0.50% 0.50% 0.50% 0.50% 0.50%
[1] Restated to reflect current fees. The fund's Board of Trustees determined to limit payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares to 0.00% of average net assets effective as of the close of business on March 31, 2017. Beginning on April 1, 2017, the fund no longer makes payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares.
Example
The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then redeem or hold all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.
Expense Example - Putnam Money Market Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 51 160 280 628
Class B [1] 551 460 480 628
Class C 151 160 280 628
Class M 51 160 280 628
Class R 51 160 280 628
Class T1 51 160 280 628
[1] Reflects assessment of deferred sales charge assuming class B shares were acquired by exchange from one or more other Putnam funds immediately after purchase of shares from such other fund(s).
Expense Example, No Redemption
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Putnam Money Market Fund | Class B | USD ($) 51 160 280 628
Investments, risks, and performance

Investments
We invest mainly in money market instruments that are high quality and have short-term maturities. We invest significantly in certificates of deposit, commercial paper (including asset-backed commercial paper), U.S. government debt and repurchase agreements, corporate obligations and time deposits. We may also invest in U.S. dollar denominated foreign securities of these types. We may consider, among other factors, credit and interest rate risks, as well as general market conditions, when deciding whether to buy or sell investments.
Risks
The values of money market investments usually rise and fall in response to changes in interest rates. Interest rate risk is generally lowest for investments with short maturities (a significant part of the fund’s investments). Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security’s or instrument’s credit quality or value. Although the fund only buys high quality investments, investments backed by a letter of credit have the risk that the provider of the letter of credit will not be able to fulfill its obligations to the issuer. The effects of inflation may erode the value of your investment over time.

The fund may not achieve its goal, and is not intended to be a complete investment program. You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below certain required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
Performance
The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.
Annual total returns for class A shares
Bar Chart
Best calendar quarter
Q1 2008   0.92%

Worst calendar quarter
Q3 2016  0.00%
Average annual total returns (for periods ended 12/31/17)
Average Annual Total Returns - Putnam Money Market Fund
1 Year
5 Years
10 Years
Class A 0.64% 0.14% 0.37%
Class B (4.45%) (0.28%) 0.31%
Class C (0.45%) 0.12% 0.29%
Class M 0.60% 0.13% 0.35%
Class R 0.55% 0.12% 0.29%
Class T1 0.58% 0.12% 0.33%
Class B share performance reflects conversion to class A shares after eight years.
XML 10 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Label Element Value
Risk Return Abstract rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2017
Registrant Name dei_EntityRegistrantName PUTNAM MONEY MARKET FUND
Central Index Key dei_EntityCentralIndexKey 0000081248
Amendment Flag dei_AmendmentFlag false
Trading Symbol dei_TradingSymbol PDDXX
Document Creation Date dei_DocumentCreationDate Jan. 30, 2018
Document Effective Date dei_DocumentEffectiveDate Jan. 30, 2018
Prospectus Date rr_ProspectusDate Jan. 30, 2018
Putnam Money Market Fund  
Risk Return Abstract rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Fund Summary
Objective [Heading] rr_ObjectiveHeading Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Putnam Money Market Fund seeks as high a rate of current income as Putnam Investment Management, LLC believes is consistent with preservation of capital and maintenance of liquidity.
Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses you may pay if you buy and hold shares of the fund.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses
(expenses you pay each year as a percentage of the value of your investment)
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent Restated to reflect current fees. The fund's Board of Trustees determined to limit payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares to 0.00% of average net assets effective as of the close of business on March 31, 2017. Beginning on April 1, 2017, the fund no longer makes payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then redeem or hold all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.
Strategy [Heading] rr_StrategyHeading Investments, risks, and performance

Investments
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock We invest mainly in money market instruments that are high quality and have short-term maturities. We invest significantly in certificates of deposit, commercial paper (including asset-backed commercial paper), U.S. government debt and repurchase agreements, corporate obligations and time deposits. We may also invest in U.S. dollar denominated foreign securities of these types. We may consider, among other factors, credit and interest rate risks, as well as general market conditions, when deciding whether to buy or sell investments.
Risk [Heading] rr_RiskHeading Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock The values of money market investments usually rise and fall in response to changes in interest rates. Interest rate risk is generally lowest for investments with short maturities (a significant part of the fund’s investments). Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security’s or instrument’s credit quality or value. Although the fund only buys high quality investments, investments backed by a letter of credit have the risk that the provider of the letter of credit will not be able to fulfill its obligations to the issuer. The effects of inflation may erode the value of your investment over time.

The fund may not achieve its goal, and is not intended to be a complete investment program. You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below certain required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
Risk Lose Money [Text] rr_RiskLoseMoney You could lose money by investing in the fund.
Risk Money Market Fund [Text] rr_RiskMoneyMarketFund Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below certain required minimums because of market conditions or other factors.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress putnam.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Please remember that past performance is not necessarily an indication of future results.
Bar Chart [Heading] rr_BarChartHeading Annual total returns for class A shares
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect the impact of sales charges. If it did, performance would be lower.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best calendar quarter
Q1 2008   0.92%

Worst calendar quarter
Q3 2016  0.00%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best calendar quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 30, 2008
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 0.92%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst calendar quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2016
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn none
Performance Table Heading rr_PerformanceTableHeading Average annual total returns (for periods ended 12/31/17)
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock Class B share performance reflects conversion to class A shares after eight years.
Putnam Money Market Fund | Class A  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management fees rr_ManagementFeesOverAssets 0.29%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual fund operating expenses rr_ExpensesOverAssets 0.50%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 51
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 160
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 280
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 628
Annual Return 2008 rr_AnnualReturn2008 2.71%
Annual Return 2009 rr_AnnualReturn2009 0.29%
Annual Return 2010 rr_AnnualReturn2010 0.05%
Annual Return 2011 rr_AnnualReturn2011 0.01%
Annual Return 2012 rr_AnnualReturn2012 0.01%
Annual Return 2013 rr_AnnualReturn2013 0.01%
Annual Return 2014 rr_AnnualReturn2014 0.01%
Annual Return 2015 rr_AnnualReturn2015 0.01%
Annual Return 2016 rr_AnnualReturn2016 0.04%
Annual Return 2017 rr_AnnualReturn2017 0.64%
1 Year rr_AverageAnnualReturnYear01 0.64%
5 Years rr_AverageAnnualReturnYear05 0.14%
10 Years rr_AverageAnnualReturnYear10 0.37%
Putnam Money Market Fund | Class B  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 5.00% [1]
Management fees rr_ManagementFeesOverAssets 0.29%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual fund operating expenses rr_ExpensesOverAssets 0.50%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 551 [3]
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 460 [3]
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 480 [3]
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 628 [3]
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 51
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 160
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 280
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 628
1 Year rr_AverageAnnualReturnYear01 (4.45%)
5 Years rr_AverageAnnualReturnYear05 (0.28%)
10 Years rr_AverageAnnualReturnYear10 0.31%
Putnam Money Market Fund | Class C  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management fees rr_ManagementFeesOverAssets 0.29%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual fund operating expenses rr_ExpensesOverAssets 0.50%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 151
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 160
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 280
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 628
1 Year rr_AverageAnnualReturnYear01 (0.45%)
5 Years rr_AverageAnnualReturnYear05 0.12%
10 Years rr_AverageAnnualReturnYear10 0.29%
Putnam Money Market Fund | Class M  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.29%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual fund operating expenses rr_ExpensesOverAssets 0.50%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 51
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 160
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 280
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 628
1 Year rr_AverageAnnualReturnYear01 0.60%
5 Years rr_AverageAnnualReturnYear05 0.13%
10 Years rr_AverageAnnualReturnYear10 0.35%
Putnam Money Market Fund | Class R  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.29%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual fund operating expenses rr_ExpensesOverAssets 0.50%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 51
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 160
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 280
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 628
1 Year rr_AverageAnnualReturnYear01 0.55%
5 Years rr_AverageAnnualReturnYear05 0.12%
10 Years rr_AverageAnnualReturnYear10 0.29%
Putnam Money Market Fund | Class T1  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management fees rr_ManagementFeesOverAssets 0.29%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual fund operating expenses rr_ExpensesOverAssets 0.50%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 51
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 160
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 280
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 628
1 Year rr_AverageAnnualReturnYear01 0.58%
5 Years rr_AverageAnnualReturnYear05 0.12%
10 Years rr_AverageAnnualReturnYear10 0.33%
[1] A deferred sales charge on class A, B, C, and T1 shares may apply to certain redemptions of shares purchased by exchange from another Putnam fund. The rate of the deferred sales charge for class B shares will be determined based on the time between the original purchase of class B shares from the other Putnam fund(s) and the date of redemption of shares from this fund.
[2] Restated to reflect current fees. The fund's Board of Trustees determined to limit payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares to 0.00% of average net assets effective as of the close of business on March 31, 2017. Beginning on April 1, 2017, the fund no longer makes payments under the distribution and service (12b-1) plans in place with respect to class B, class C, class M, class R and class T1 shares.
[3] Reflects assessment of deferred sales charge assuming class B shares were acquired by exchange from one or more other Putnam funds immediately after purchase of shares from such other fund(s).
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