Summary Prospectus Supplement | September 25, 2019 |
All Putnam retail open-end funds, except for Putnam Diversified Income | |
Trust, Putnam Dynamic Asset Allocation Equity Fund, George Putnam | |
Balanced Fund, Putnam Global Income Trust, Putnam High Yield Fund, | |
Putnam Income Fund, Putnam Mortgage Opportunities Fund, Putnam | |
Mortgage Securities Fund and Putnam Short Term Investment Fund |
Effective November 25, 2019 (the “Effective Date”), class M shares of each fund will no longer be available for purchase. Class M shares of each fund acquired prior to the Effective Date will convert automatically to class A shares on the Effective Date.
318602 9/19 |