UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

WASHINGTON, DC 20549

SCHEDULE 14A

(RULE 14A-101)

INFORMATION REQUIRED IN PROXY STATEMENT 

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a)

of the Securities Exchange Act of 1934

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PUTNAM ASSET ALLOCATION FUNDS 

(for Putnam Dynamic Asset Allocation Balanced Fund 

Putnam Dynamic Asset Allocation Growth Fund) 

GEORGE PUTNAM BALANCED FUND 

PUTNAM GLOBAL HEALTH CARE FUND 

PUTNAM LARGE CAP VALUE FUND 

PUTNAM SUSTAINABLE LEADERS FUND 

PUTNAM ETF TRUST 

(for Putnam Focused Large Cap Value ETF) 

PUTNAM FUNDS TRUST 

(for Putnam Core Equity Fund 

Putnam Small Cap Growth Fund 

Putnam Ultra Short Duration Income Fund) 

PUTNAM INVESTMENT FUNDS 

(for Putnam Large Cap Growth Fund) 

(Name of Registrant as Specified in its Charter) 

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if Other Than the Registrant)

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