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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000869392-97-000351.txt : 19971218
<SEC-HEADER>0000869392-97-000351.hdr.sgml : 19971218
ACCESSION NUMBER:		0000869392-97-000351
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19971217
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM VOYAGER FUND
		CENTRAL INDEX KEY:			0000081280
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				046187125
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-29546
		FILM NUMBER:		97739608

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST OFFICE SQ
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		6172921000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PUTNAM VOYAGER FUND INC /PRED/
		DATE OF NAME CHANGE:	19821109
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<TEXT>


                             PUTNAM VOYAGER FUND
           Prospectus Supplement dated December 8, 1997
               to Prospectuses dated November 30, 1997

The third paragraph under the heading "How the fund is managed is
replaced with the following:

The following officers of Putnam Investment Management, Inc.
("Putnam Management") have had primary responsibility for the
day-to-day management of the fund's portfolio since the years
stated below:

                                  Business experience
                     Year         (at least 5 years)
                     -------      -------------------------
Robert R. Beck       1995         Employed as an investment
Senior Vice President             professional by Putnam
                                  Management since 1989.

Roland W. Gillis     1995         Employed as an investment
Senior Vice President             professional by Putnam
                                  Management since 1995.
                                  Prior to 1995, Mr. Gillis
                                  was a Senior Vice President of
                                  Keystone Custodian Funds,
                                  Inc.
                                  
Michael P. Stack     1997         Employed as an investment
Senior Vice President             professional by Putnam
                                  Management since November,   
                                  1997. Prior to November,
                                  1997, Mr. Stack was          
                                  employed as a Senior Vice
                                  President and Portfolio
                                  Manager by Independence
                                  Investment Associates, Inc.

Charles H. Swanberg  1994         Employed as an investment
Senior Vice President             professional by Putnam
                                  Management since 1984.

                                       39231 12/97             
                                                  
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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