-----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, BhRKMmBocizUqmQI0zaQln6iSlMm+SerIw0pVIGH+QwBj94JLrrCHyaRR1KYq1qd OoTT8dQFKQSKrgPlYjGhxA== 0000928816-04-000974.txt : 20040928 0000928816-04-000974.hdr.sgml : 20040928 20040928112153 ACCESSION NUMBER: 0000928816-04-000974 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040731 FILED AS OF DATE: 20040928 DATE AS OF CHANGE: 20040928 EFFECTIVENESS DATE: 20040928 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM GLOBAL EQUITY FUND CENTRAL INDEX KEY: 0000081251 IRS NUMBER: 046145734 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-01403 FILM NUMBER: 041048668 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GLOBAL GROWTH FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INTERNATIONAL EQUITIES FUND DATE OF NAME CHANGE: 19900722 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INTERNATIONAL EQUITIES FUND INC /PRED/ DATE OF NAME CHANGE: 19821109 N-Q 1 pge1.txt PUTNAM GLOBAL EQUITY FUND Item 1. Schedule of Investments: - -------------------------------- Putnam Global Equity Fund QUARTERLY PORTFOLIO HOLDINGS 7-31-04 [LOGO OMITTED: scales]
Putnam Global Equity Fund - ----------------------------------------------------------------------------------------------------------- The fund's portfolio July 31, 2004 (Unaudited) Common stocks (96.5%) (a) - ----------------------------------------------------------------------------------------------------------- Number of shares Value - ----------------------------------------------------------------------------------------------------------- Advertising and Marketing Services (0.5%) - ----------------------------------------------------------------------------------------------------------- 1,267,131 WPP Group PLC (United Kingdom) $11,715,319 Aerospace and Defense (1.4%) - ----------------------------------------------------------------------------------------------------------- 371,600 Boeing Co. (The) 18,858,700 318,100 Lockheed Martin Corp. 16,856,119 ------------- 35,714,819 Automotive (3.3%) - ----------------------------------------------------------------------------------------------------------- 885,200 Honda Motor Co., Ltd. (Japan) 43,048,757 250,820 Hyundai Motor Co., Ltd. (South Korea) 9,311,880 20,135 Porsche AG (Preferred) (Germany) 13,017,163 221,838 Renault SA (France) 17,506,489 ------------- 82,884,289 Banking (8.1%) - ----------------------------------------------------------------------------------------------------------- 1,115,204 Allied Irish Banks PLC (Ireland) 17,171,778 189,582 Bank of New York Co., Inc. (The) 5,446,691 392,500 Commerce Bancorp, Inc. (S) 19,758,450 132,100 Credit Agricole SA (France) 3,117,090 529,000 Fifth Third Bancorp (S) 26,111,440 2,489,985 HSBC Holdings PLC (United Kingdom) 36,557,873 562,051 Royal Bank of Scotland Group PLC (United Kingdom) 15,798,901 143,575 Royal Bank of Scotland Group PLC 144A (United Kingdom) 4,035,803 953,600 State Street Corp. 40,823,616 1,162,658 U.S. Bancorp 32,903,221 ------------- 201,724,863 Beverage (0.5%) - ----------------------------------------------------------------------------------------------------------- 389,338 Interbrew SA (Belgium) 11,788,409 Biotechnology (1.7%) - ----------------------------------------------------------------------------------------------------------- 738,400 Amgen, Inc. (NON) 42,000,192 Broadcasting (2.3%) - ----------------------------------------------------------------------------------------------------------- 349,100 Clear Channel Communications, Inc. 12,462,870 58,000 Gestevision Telecinco SA 144A (Spain) (NON) 916,818 1,172,390 Mediaset SpA (Italy) 12,505,361 263,100 Societe Television Francaise I (France) 7,503,715 716,100 Viacom, Inc. Class B 24,053,799 ------------- 57,442,563 Cable Television (0.7%) - ----------------------------------------------------------------------------------------------------------- 581,300 Comcast Corp. Class A (NON) 15,927,620 Chemicals (0.5%) - ----------------------------------------------------------------------------------------------------------- 235,760 BASF AG (Germany) 12,545,351 Commercial and Consumer Services (1.9%) - ----------------------------------------------------------------------------------------------------------- 158,800 eBay, Inc. (NON) (S) 12,438,804 248,000 SECOM Co., Ltd. (Japan) 10,013,459 1,348,940 Securitas AB Class B (Sweden) 15,209,180 316,400 Yahoo!, Inc. (NON) (S) 9,745,120 ------------- 47,406,563 Communications Equipment (0.2%) - ----------------------------------------------------------------------------------------------------------- 1,343,300 Nortel Networks Corp. (Canada) (NON) 4,916,478 Computers (0.4%) - ----------------------------------------------------------------------------------------------------------- 121,840 NCSoft Corp. (South Korea) (NON) 8,911,309 Conglomerates (1.9%) - ----------------------------------------------------------------------------------------------------------- 1,555,742 Tyco International, Ltd. (Bermuda) (S) 48,228,002 Construction (0.4%) - ----------------------------------------------------------------------------------------------------------- 1,863,003 Rinker Group, Ltd. (Australia) 10,748,872 Consumer Finance (2.8%) - ----------------------------------------------------------------------------------------------------------- 201,200 Countrywide Financial Corp. (S) 14,506,520 423,800 Credit Saison Co., Ltd. (Japan) 12,814,769 1,675,150 MBNA Corp. 41,359,454 ------------- 68,680,743 Consumer Goods (1.4%) - ----------------------------------------------------------------------------------------------------------- 288,100 Colgate-Palmolive Co. 15,326,920 746,772 Reckitt Benckiser PLC (United Kingdom) 20,421,024 ------------- 35,747,944 Electric Utilities (0.6%) - ----------------------------------------------------------------------------------------------------------- 761,165 Iberdrola SA (Spain) 15,578,231 Electrical Equipment (1.0%) - ----------------------------------------------------------------------------------------------------------- 352,221 Siemens AG (Germany) 24,674,821 Electronics (4.2%) - ----------------------------------------------------------------------------------------------------------- 202,700 Analog Devices, Inc. 8,047,190 77,800 FUNAI Electric Co., Ltd. (Japan) 10,889,906 117,000 Kyocera Corp. (Japan) 9,028,264 431,800 Omron Corp. (Japan) 9,240,404 76,300 Samsung Electronics Co., Ltd. (South Korea) 27,217,365 1,315,200 SanDisk Corp. (NON) (S) 31,985,664 7,054,294 Taiwan Semiconductor Manufacturing Co., Ltd. (Taiwan) 8,916,594 ------------- 105,325,387 Energy (0.9%) - ----------------------------------------------------------------------------------------------------------- 500,400 Halliburton Co. 15,887,700 735,000 TonenGeneral Sekiyu KK (Japan) 5,889,233 ------------- 21,776,933 Financial (6.3%) - ----------------------------------------------------------------------------------------------------------- 1,666,940 Citigroup, Inc. (SEG) 73,495,385 1,292,100 Freddie Mac 83,094,951 ------------- 156,590,336 Food (2.3%) - ----------------------------------------------------------------------------------------------------------- 207,506 Groupe Danone (France) 17,112,428 157,217 Nestle SA (Switzerland) 40,198,576 ------------- 57,311,004 Health Care Services (1.2%) - ----------------------------------------------------------------------------------------------------------- 531,600 Cardinal Health, Inc. 23,656,200 109,800 Express Scripts, Inc. Class A (NON) 7,202,880 ------------- 30,859,080 Homebuilding (0.6%) - ----------------------------------------------------------------------------------------------------------- 362,700 Lennar Corp. (S) 15,480,036 Insurance (3.8%) - ----------------------------------------------------------------------------------------------------------- 1,330,408 Aegon NV (Netherlands) 15,135,859 511,600 American International Group, Inc. 36,144,540 87,600 Everest Re Group, Ltd. (Barbados) 6,436,848 554,236 ING Groep NV (Netherlands) 12,864,478 137,300 Radian Group, Inc. (S) 6,318,546 249,737 XL Capital, Ltd. Class A (Bermuda) (S) 17,651,411 ------------- 94,551,682 Investment Banking/Brokerage (0.5%) - ----------------------------------------------------------------------------------------------------------- 1,384,100 Charles Schwab Corp. (The) 12,152,398 Manufacturing (0.9%) - ----------------------------------------------------------------------------------------------------------- 550,440 SKF AB Class B (Sweden) 20,914,410 Media (0.5%) - ----------------------------------------------------------------------------------------------------------- 485,300 Fox Entertainment Group, Inc. Class A (NON) 13,117,659 Medical Technology (1.4%) - ----------------------------------------------------------------------------------------------------------- 95,261 Essilor International SA Cie Generale D'Optique (France) 5,854,655 103,050 Inamed Corp. (NON) 5,583,249 469,000 Medtronic, Inc. 23,295,230 ------------- 34,733,134 Metals (1.1%) - ----------------------------------------------------------------------------------------------------------- 166,100 Companhia Vale do Rio Doce (CVRD) ADR (Brazil) 8,952,790 681,606 Rio Tinto PLC (United Kingdom) 17,759,112 ------------- 26,711,902 Natural Gas Utilities (0.5%) - ----------------------------------------------------------------------------------------------------------- 3,323,000 Tokyo Gas Co., Ltd. (Japan) 11,866,792 Office Equipment & Supplies (1.1%) - ----------------------------------------------------------------------------------------------------------- 563,400 Canon, Inc. (Japan) 27,500,188 Oil & Gas (7.9%) - ----------------------------------------------------------------------------------------------------------- 12,900 Amerada Hess Corp. (S) 1,075,215 4,544,041 BP PLC (United Kingdom) 42,631,793 514,460 Canadian Natural Resources, Ltd. (Canada) 17,131,890 1,368,556 ExxonMobil Corp. 63,364,143 248,100 Marathon Oil Corp. 9,345,927 495,500 Noble Corp. (Cayman Islands) (NON) 19,185,760 842,592 Petroleo Brasileiro SA ADR (Brazil) 23,828,502 96,167 Total SA (France) 18,674,580 ------------- 195,237,810 Pharmaceuticals (10.2%) - ----------------------------------------------------------------------------------------------------------- 961,776 AstraZeneca PLC (United Kingdom) 43,035,535 406,250 Forest Laboratories, Inc. (NON) 20,430,313 1,486,550 GlaxoSmithKline PLC (United Kingdom) 30,190,781 1,074,800 Johnson & Johnson 59,404,196 1,986,784 Pfizer, Inc. 63,497,617 179,836 Roche Holding AG (Switzerland) 17,788,141 436,300 Sankyo Co., Ltd. (Japan) 9,414,998 249,100 Yamanouchi Pharmaceutical Co., Ltd. (Japan) 8,538,017 ------------- 252,299,598 Photography/Imaging (1.2%) - ----------------------------------------------------------------------------------------------------------- 327,000 Olympus Corp. (Japan) 6,322,880 1,769,600 Xerox Corp. (NON) (S) 24,526,656 ------------- 30,849,536 Publishing (0.8%) - ----------------------------------------------------------------------------------------------------------- 721,249 Reed Elsevier NV (Netherlands) 9,221,470 434,374 VNU NV (Netherlands) 11,478,596 ------------- 20,700,066 Railroads (0.3%) - ----------------------------------------------------------------------------------------------------------- 166,950 Canadian National Railway Co. (Canada) 7,517,759 Retail (4.5%) - ----------------------------------------------------------------------------------------------------------- 139,990 AutoZone, Inc. (NON) 10,807,228 4,893,860 Dixons Group PLC (United Kingdom) 14,281,316 466,283 Industria de Diseno Textil (Inditex) SA (Spain) 10,677,031 476,800 Kohl's Corp. (NON) 21,818,368 577,155 Lowe's Cos., Inc. 28,118,992 300,900 Rent-A-Center, Inc. (NON) (S) 8,828,406 459,715 TJX Cos., Inc. (The) (S) 10,789,511 2,403,577 Wal-Mart de Mexico SA de CV Ser. V (Mexico) 7,330,162 ------------- 112,651,014 Software (5.0%) - ----------------------------------------------------------------------------------------------------------- 248,600 KONAMI Corp. (Japan) 5,386,891 3,157,000 Microsoft Corp. 89,848,220 786,600 Oracle Corp. (NON) 8,267,166 269,900 Symantec Corp. (NON) (S) 12,620,524 636,801 T-Online International AG (Germany) (NON) 7,129,796 ------------- 123,252,597 Technology Services (1.3%) - ----------------------------------------------------------------------------------------------------------- 371,500 Automatic Data Processing, Inc. 15,595,570 493,200 Fiserv, Inc. (NON) (S) 16,897,032 ------------- 32,492,602 Telecommunications (5.1%) - ----------------------------------------------------------------------------------------------------------- 607,259 France Telecom SA (France) (NON) 15,045,608 584,520 KT Corp. ADR (South Korea) (S) 10,398,611 13,813 NTT DoCoMo, Inc. (Japan) 24,044,163 412,680 Telefonos de Mexico SA de CV (Telmex) ADR Class L (Mexico) 12,743,558 421,500 Telus Corp. (Canada) 7,263,960 26,516,556 Vodafone Group PLC (United Kingdom) 57,493,290 ------------- 126,989,190 Telephone (0.5%) - ----------------------------------------------------------------------------------------------------------- 213,400 NTL, Inc. (NON) (S) 11,122,408 Tobacco (3.3%) - ----------------------------------------------------------------------------------------------------------- 776,829 Altadis SA (Spain) 24,278,426 969,203 Altria Group, Inc. 46,134,061 1,605 Japan Tobacco, Inc. (Japan) 12,255,316 ------------- 82,667,803 Transportation Services (0.9%) - ----------------------------------------------------------------------------------------------------------- 1,338,104 BAA PLC (United Kingdom) 13,612,303 424,787 TPG NV (Netherlands) 9,312,613 ------------- 22,924,916 Water Utilities (0.6%) - ----------------------------------------------------------------------------------------------------------- 508,590 Veolia Environnement (France) 13,568,380 ------------- Total Common stocks (cost $2,369,055,253) $2,397,801,008 Short-term investments (9.3%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Value - ----------------------------------------------------------------------------------------------------------- $96,458,945 Putnam Prime Money Market Fund (e) $96,458,945 135,211,902 Short-term investments held as collateral for loaned securities with yields ranging from 1.28% to 1.52% and due dates ranging from August 2, 2004 to August 23, 2004 (d) 135,163,334 ------------- Total Short-term investments (cost $231,622,279) $231,622,279 - ----------------------------------------------------------------------------------------------------------- Total Investments (cost $2,600,677,532) (b) $2,629,423,287 - ----------------------------------------------------------------------------------------------------------- Forward currency contracts to buy at July 31, 2004 (Unaudited) (aggregate face value $313,449,284) Unrealized Aggregate Delivery appreciation/ Value face value date (depreciation) - ---------------------------------------------------------------------------------------------- Australian Dollar $108,385,653 $108,962,619 9/15/04 $(576,966) British Pound 51,363,351 51,466,272 9/15/04 (102,921) Canadian Dollar 12,106,814 11,929,748 9/15/04 177,066 Danish Krone 9,453,064 9,589,756 9/15/04 (136,692) Euro 52,895,941 53,477,258 9/15/04 (581,317) Japanese Yen 54,222,531 54,895,206 9/15/04 (672,675) Norwegian Krone 5,624,521 5,899,362 9/15/04 (274,841) Swiss Franc 16,760,536 17,229,063 9/15/04 (468,527) - ---------------------------------------------------------------------------------------------- $(2,636,873) - ---------------------------------------------------------------------------------------------- Forward currency contracts to sell at July 31, 2004 (Unaudited) (aggregate face value $199,307,756) Unrealized Aggregate Delivery appreciation/ Value face value date (depreciation) - ---------------------------------------------------------------------------------------------- Australian Dollar $27,890,022 $28,404,699 9/15/04 $514,677 British Pound 12,723,078 12,869,678 9/15/04 146,600 Euro 83,932,681 84,809,291 9/15/04 876,610 Japanese Yen 32,846,149 33,850,068 9/15/04 1,003,919 Mexican Peso 20,287,074 19,834,776 9/15/04 (452,298) Swedish Krona 5,815,761 5,989,884 9/15/04 174,123 Swiss Franc 13,221,729 13,549,360 9/15/04 327,631 - ---------------------------------------------------------------------------------------------- $2,591,262 - ---------------------------------------------------------------------------------------------- Futures contracts outstanding at July 31, 2004 (Unaudited) Unrealized Aggregate Expiration appreciation/ Value face value date (depreciation) - ---------------------------------------------------------------------------------------------- Dow Jones Euro Stoxx 50 (Long) $9,188,114 $9,465,822 Sep-04 $(277,708) New Financial Times Stock Exchange 100 Index (Long) 8,419,167 8,598,011 Sep-04 (178,844) S&P 500 Index (Long) 44,319,275 45,194,955 Sep-04 (875,680) Tokyo Price Index (Long) 7,054,778 7,107,681 Sep-04 (52,903) - ---------------------------------------------------------------------------------------------- $(1,385,135) - ---------------------------------------------------------------------------------------------- NOTES (a) Percentages indicated are based on net assets of $2,485,900,196. (b) The aggregate identified cost on a tax basis is $2,620,580,871, resulting in gross unrealized appreciation and depreciation of $143,304,181 and $134,461,765, respectively, or net unrealized appreciation of $8,842,416. (NON) Non-income-producing security. (S) Securities on loan, in part or in entirety, at July 31, 2004. (SEG) A portion of this security was pledged and segregated with the custodian to cover margin requirements for futures contracts July 31, 2004. (d) The fund may lend securities, through its agents, to qualified borrowers in order to earn additional income. The loans are collateralized by cash and/or securities in an amount at least equal to the market value of the securities loaned. The market value of securities loaned is determined daily and any additional required collateral is allocated to the fund on the next business day. The risk of borrower default will be borne by the fund's agents; the fund will bear the risk of loss with respect to the investment of the cash collateral. Income from securities lending is included in investment income on the statement of operations. At July 31, 2004, the value of securities loaned amounted to $132,071,739. The fund received cash collateral of $135,163,334 which is pooled with collateral of other Putnam funds into 29 issuers of high grade short-term investments. (e) The fund invests in the Putnam Prime Money Market Fund, an open-end management investment company managed by Putnam Investment Management, LLC ("Putnam Management"), the fund's manager, and indirect wholly-owned subsidiary of Putnam, LLC. 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 $195,516 for the period ended July 31, 2004. 144A after the name of a security represents those exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. ADR after the name of a foreign holding stands for American Depositary Receipts representing ownership of foreign securities on deposit with a custodian bank. DIVERSIFICATION BY COUNTRY Distribution of investments by country of issue at July 31, 2004: (as a percentage of Market Value) Bermuda 2.5% Brazil 1.2 Canada 1.4 Cayman Islands 0.7 France 3.7 Germany 2.2 Ireland 0.7 Italy 0.5 Japan 7.8 Mexico 0.8 Netherlands 2.2 South Korea 2.1 Spain 2.0 Sweden 1.4 Switzerland 2.2 United Kingdom 11.7 United States 46.6 Other 10.3 Total 100.0% 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. 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 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. Short-term investments having remaining maturities of 60 days or less are valued at amortized cost, which approximates fair value. Other investments, including restricted securities, are valued at fair value following procedures approved by the Trustees. Such valuations and procedures are reviewed periodically by the Trustees. Forward currency contracts The fund may buy and sell forward currency contracts, which are agreements between two parties to buy and sell currencies at a set price on a future date. These contracts are used to protect against a decline in value relative to the U.S. dollar of the currencies in which its portfolio securities are denominated or quoted (or an increase in the value of a currency in which securities a fund intends to buy are denominated, when a fund holds cash reserves and short term investments). The U.S. dollar value of forward currency contracts is determined using current forward currency exchange rates supplied by a quotation service. The market value of the contract will fluctuate with changes in currency exchange rates. The contract is marked to market daily and the change in market value is recorded as an unrealized gain or loss. When the contract is closed, the fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. The fund could be exposed to risk if the value of the currency changes unfavorably, if the counterparties to the contracts are unable to meet the terms of their contracts or if the fund is unable to enter into a closing position. Risks may exceed amounts recognized on the statement of assets and liabilities. Forward currency contracts outstanding at period end, if any, are listed after the fund's portfolio. Futures and options contracts The fund may use futures and options contracts to hedge against changes in the values of securities the fund owns or expects to purchase. The fund may also write options on securities it owns or in which it may invest to increase its current returns. The potential risk to the fund is that the change in value of futures and options contracts may not correspond to the change in value of the hedged instruments. In addition, losses may arise from changes in the value of the underlying instruments, if there is an illiquid secondary market for the contracts, or if the counterparty to the contract is unable to perform. Risks may exceed amounts recognized on the statement of assets and liabilities. When the contract is closed, the fund records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Realized gains and losses on purchased options are included in realized gains and losses on investment securities. Futures contracts are valued at the quoted daily settlement prices established by the exchange on which they trade. The fund and the broker agree to exchange an amount of cash equal to the daily fluctuation in the value of the futures contract. Such receipts or payments are known as "variation margin." Exchange traded options are valued at the last sale price, or if no sales are reported, the last bid price for purchased options and the last ask price for written options. Options traded over-the-counter are valued using prices supplied by dealers. Futures and written option contracts outstanding at period end, if any, are listed after the fund's portfolio. For additional information regarding the fund please see the fund's most recent annual or semi-annual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov., or visit Putnam Individual Investor Website 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: - ------------------ A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 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. NAME OF REGISTRANT By (Signature and Title): /s/ Michael T. Healy -------------------------- Michael T. Healy Principal Accounting Officer Date: September 28, 2004 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: September 28, 2004 By (Signature and Title): /s/ Steven D. Krichmar --------------------------- Steven D. Krichmar Principal Financial Officer Date: September 28, 2004 EX-99.CERT 2 nqexnn2.txt EX-99.CERT 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 schedule of investments included in each report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which each 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) 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) 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 c) 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 controls 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 controls. /s/ Charles E. Porter Date: September 27, 2004 - ---------------------- ------------------------ 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 schedule of investments included in each report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which each 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) 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) 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 c) 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 controls 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 controls. /s/ Steven D. Krichmar Date: September 27, 2004 - ---------------------- ------------------------ Steven D. Krichmar, Principal Financial Officer Attachment A N-Q July 31, 2004 Funds - ------------------------------------ Quarterly Portfolios 2OV Putnam Mid-Cap Value Fund 002 Putnam Fund for Growth and Income 2II Putnam Capital Opportunities Fund 840 Putnam Utilities Growth and Income Fund 005 Putnam Global Equity Fund 008 Putnam Convertible Income-Growth Trust 2IE Putnam Growth Fund 052 Putnam Managed Municipal Income Trust 183 Putnam Municipal Bond Fund 582 Putnam Municipal Opportunities Trust 004 Putnam Income Fund 072 Putnam Master Income Trust 184 Putnam California Investment Grade Municipal Trust 185 Putnam New York Investment Grade Municipal Trust 2MI Putnam Tax Smart Equity Fund 041 Putnam Global Income Trust -----END PRIVACY-ENHANCED MESSAGE-----