0000928816-13-000959.txt : 20130627 0000928816-13-000959.hdr.sgml : 20130627 20130627150035 ACCESSION NUMBER: 0000928816-13-000959 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130430 FILED AS OF DATE: 20130627 DATE AS OF CHANGE: 20130627 EFFECTIVENESS DATE: 20130627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM VOYAGER FUND CENTRAL INDEX KEY: 0000081280 IRS NUMBER: 046187125 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-01682 FILM NUMBER: 13937218 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 0000081280 S000006573 PUTNAM VOYAGER FUND C000017940 Class A Shares PVOYX C000017941 Class B Shares PVOBX C000017942 Class C Shares PVFCX C000017943 Class M Shares PVOMX C000017944 Class R Shares PVYRX C000017945 Class Y Shares PVYYX C000118076 Class R5 C000118077 Class R6 N-Q 1 a_voyagerfund.htm PUTNAM VOYAGER FUND a_voyagerfund.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY



Investment Company Act file number: (811-01682)
Exact name of registrant as specified in charter: Putnam Voyager Fund
Address of principal executive offices: One Post Office Square, Boston, Massachusetts 02109
Name and address of agent for service: Robert T. Burns, Vice President
One Post Office Square
Boston, Massachusetts 02109
Copy to:         John W. Gerstmayr, Esq.
Ropes & Gray LLP
800 Boylston Street
Boston, Massachusetts 02199-3600
Registrant’s telephone number, including area code: (617) 292-1000
Date of fiscal year end: July 31, 2013
Date of reporting period: April 30, 2013



Item 1. Schedule of Investments:













Putnam Voyager Fund

The fund's portfolio
4/30/13 (Unaudited)
COMMON STOCKS (89.6%)(a)
Shares Value
Aerospace and defense (3.3%)
General Dynamics Corp. 248,600 $18,386,456
Honeywell International, Inc. 460,700 33,879,878
L-3 Communications Holdings, Inc. 65,994 5,362,013
Northrop Grumman Corp. 102,800 7,786,072
Precision Castparts Corp. 84,000 16,068,360
United Technologies Corp. 392,300 35,813,067
117,295,846
Airlines (0.4%)
Delta Air Lines, Inc.(NON) 785,710 13,467,069
13,467,069
Auto components (1.7%)
American Axle & Manufacturing Holdings, Inc.(NON)(S) 4,581 61,248
Goodyear Tire & Rubber Co. (The)(NON) 455,673 5,693,634
Johnson Controls, Inc.(S) 1,044,049 36,552,155
TRW Automotive Holdings Corp.(NON) 126,100 7,574,827
Valeo SA (France) 206,784 12,032,475
61,914,339
Automobiles (0.9%)
Daimler AG (Registered Shares) (Germany) 94,848 5,248,608
Fiat SpA (Italy)(NON) 1,263,860 7,600,252
General Motors Co.(NON) 399,900 12,332,916
Tata Motors, Ltd. (India) 934,520 5,203,824
30,385,600
Beverages (0.6%)
Beam, Inc. 110,700 7,163,397
Coca-Cola Enterprises, Inc. 383,000 14,029,290
21,192,687
Biotechnology (4.0%)
Aegerion Pharmaceuticals, Inc.(NON) 127,300 5,351,692
Celgene Corp.(NON) 462,400 54,595,568
Cubist Pharmaceuticals, Inc.(NON) 197,800 9,082,976
Dendreon Corp.(NON)(S) 1,386,800 6,531,828
Gilead Sciences, Inc.(NON)(S) 1,222,400 61,902,336
Vertex Pharmaceuticals, Inc.(NON) 49,500 3,802,590
141,266,990
Building products (0.7%)
Fortune Brands Home & Security, Inc.(NON) 370,600 13,486,134
Owens Corning, Inc.(NON) 274,723 11,554,849
25,040,983
Capital markets (2.1%)
Charles Schwab Corp. (The) 1,498,400 25,412,864
Goldman Sachs Group, Inc. (The) 24,200 3,534,894
Greenhill & Co., Inc. 66,600 3,076,254
KKR & Co. LP 335,859 7,053,039
Morgan Stanley 1,372,200 30,394,230
State Street Corp. 73,303 4,286,026
73,757,307
Chemicals (4.3%)
Albemarle Corp. 56,500 3,460,625
Celanese Corp. Ser. A(S) 263,255 13,007,430
HB Fuller Co. 136,900 5,188,510
Huntsman Corp. 1,146,100 21,615,446
LyondellBasell Industries NV Class A 343,100 20,826,170
Methanex Corp. (Canada) 176,900 7,497,022
Monsanto Co. 333,600 35,635,152
Tronox, Ltd. Class A(S) 2,135,245 43,857,932
151,088,287
Commercial banks (0.8%)
BNP Paribas SA (France) 65,854 3,671,998
Credicorp, Ltd. (Peru)(S) 22,800 3,433,452
Grupo Financiero Banorte SAB de CV (Mexico) 234,800 1,769,368
Societe Generale SA (France)(NON) 101,728 3,697,702
UniCredit SpA (Italy)(NON) 3,084,483 16,201,455
28,773,975
Commercial services and supplies (0.8%)
ADT Corp. (The)(NON) 237,550 10,366,682
Pitney Bowes, Inc. 216,600 3,010,740
Tyco International, Ltd. 479,200 15,391,904
28,769,326
Communications equipment (3.7%)
Arris Group, Inc.(NON) 608,500 10,046,335
Cisco Systems, Inc. 387,247 8,101,207
Polycom, Inc.(NON) 2,926,988 30,733,374
Qualcomm, Inc. 1,326,309 81,727,161
130,608,077
Computers and peripherals (10.4%)
Apple, Inc. 590,421 261,408,898
Asustek Computer, Inc. (Taiwan) 645,000 7,507,370
EMC Corp.(NON) 3,549,600 79,617,528
Hewlett-Packard Co.(S) 380,600 7,840,360
Toshiba Corp. (Japan) 2,302,000 12,680,659
369,054,815
Construction materials (0.2%)
HeidelbergCement AG (Germany)(S) 96,130 6,922,542
6,922,542
Consumer finance (0.1%)
Capital One Financial Corp. 38,554 2,227,650
2,227,650
Containers and packaging (0.5%)
MeadWestvaco Corp. 365,300 12,595,544
Rock-Tenn Co. Class A 36,800 3,685,152
16,280,696
Diversified consumer services (0.1%)
ITT Educational Services, Inc.(NON) 136,697 2,502,922
2,502,922
Diversified financial services (1.9%)
Citigroup, Inc. 436,100 20,348,426
CME Group, Inc. 427,400 26,011,564
JPMorgan Chase & Co. 442,700 21,696,727
68,056,717
Electrical equipment (0.4%)
Eaton Corp PLC 245,600 15,082,296
15,082,296
Electronic equipment, instruments, and components (0.5%)
Corning, Inc. 386,800 5,608,600
Hon Hai Precision Industry Co., Ltd. (Taiwan) 4,453,000 11,497,648
17,106,248
Energy equipment and services (4.0%)
Ezion Holdings, Ltd. (Singapore) 896,000 1,483,998
Halliburton Co. 1,444,310 61,773,139
McDermott International, Inc.(NON)(S) 1,535,800 16,402,344
Nabors Industries, Ltd. 541,900 8,014,701
Petrofac, Ltd. (United Kingdom) 766,891 16,109,696
Schlumberger, Ltd. 471,393 35,085,781
Weatherford International, Ltd.(NON) 278,800 3,565,852
142,435,511
Food and staples retail (0.2%)
Kroger Co. (The) 228,100 7,842,078
7,842,078
Food products (0.2%)
Mead Johnson Nutrition Co. 95,939 7,779,694
Pinnacle Foods, Inc.(NON)(S) 45,545 1,087,159
8,866,853
Health-care equipment and supplies (0.5%)
Baxter International, Inc. 234,600 16,391,502
St. Jude Medical, Inc.(S) 76,592 3,157,122
19,548,624
Health-care providers and services (2.8%)
Catamaran Corp.(NON) 171,082 9,876,564
Emeritus Corp.(NON) 367,300 9,439,610
Express Scripts Holding Co.(NON) 374,831 22,253,716
Health Net, Inc.(NON) 121,200 3,563,280
Humana, Inc. 171,011 12,673,625
Tenet Healthcare Corp.(NON) 17,700 802,872
UnitedHealth Group, Inc. 685,665 41,091,903
99,701,570
Hotels, restaurants, and leisure (1.8%)
Sands China, Ltd. (Hong Kong) 3,164,800 16,598,566
Starbucks Corp. 564,100 34,319,844
Thomas Cook Group PLC (United Kingdom)(NON)(S) 6,053,911 12,219,972
63,138,382
Household durables (0.6%)
PulteGroup, Inc.(NON) 367,400 7,711,726
Sony Corp. (Japan) 223,200 3,693,097
Taylor Morrison Home Corp. Class A(NON)(S) 184,869 4,765,923
Techtronic Industries Co. (Hong Kong) 1,557,000 3,719,874
19,890,620
Household products (0.2%)
Colgate-Palmolive Co. 46,800 5,588,388
5,588,388
Industrial conglomerates (0.2%)
Siemens AG (Germany) 57,943 6,050,666
6,050,666
Insurance (2.7%)
American International Group, Inc.(NON) 184,100 7,625,422
Assured Guaranty, Ltd. 1,873,247 38,645,086
Genworth Financial, Inc. Class A(NON) 1,592,400 15,971,772
Hartford Financial Services Group, Inc. (The) 27,029 759,245
MetLife, Inc. 513,400 20,017,466
Prudential PLC (United Kingdom) 630,616 10,829,185
93,848,176
Internet and catalog retail (0.7%)
Amazon.com, Inc.(NON) 32,500 8,248,825
HomeAway, Inc.(NON)(S) 122,800 3,751,540
Priceline.com, Inc.(NON) 20,297 14,126,509
26,126,874
Internet software and services (8.2%)
eBay, Inc.(NON) 947,555 49,642,406
Facebook, Inc. Class A(NON) 2,067,357 57,389,830
Facebook, Inc. Class B(F)(NON) 115,920 3,217,939
Google, Inc. Class A(NON) 169,813 140,022,705
Millennial Media, Inc.(NON)(S) 248,350 1,721,066
Qihoo 360 Technology Co., Ltd. ADR (China)(NON)(S) 124,200 4,260,060
Yahoo!, Inc.(NON) 458,600 11,341,178
Yandex NV Class A (Russia)(NON) 862,377 22,197,584
289,792,768
IT Services (3.2%)
Cognizant Technology Solutions Corp.(NON) 69,900 4,529,520
Computer Sciences Corp.(S) 76,700 3,593,395
Fidelity National Information Services, Inc. 243,300 10,230,765
Total Systems Services, Inc. 326,300 7,707,206
Unisys Corp.(NON)(S) 906,230 17,336,180
Visa, Inc. Class A(S) 420,400 70,820,584
114,217,650
Leisure equipment and products (0.5%)
Brunswick Corp.(S) 572,511 18,125,698
18,125,698
Life sciences tools and services (0.7%)
Thermo Fisher Scientific, Inc. 293,200 23,655,376
23,655,376
Machinery (0.5%)
Cummins, Inc. 87,900 9,351,681
Joy Global, Inc.(S) 28,800 1,627,776
TriMas Corp.(NON)(S) 224,230 6,839,015
17,818,472
Media (2.1%)
CBS Corp. Class B 80,900 3,703,602
Comcast Corp. Class A 867,735 35,837,456
DIRECTV(NON) 104,869 5,931,391
DISH Network Corp. Class A 452,200 17,721,718
Liberty Global, Inc. Ser. C(NON) 157,500 10,654,875
73,849,042
Metals and mining (2.6%)
Argonaut Gold, Inc.(NON) 266,539 1,687,944
AuRico Gold, Inc. (Canada) 472,763 2,430,803
Barrick Gold Corp. (Canada) 392,700 7,740,117
Centerra Gold, Inc. (Canada) 539,400 2,254,081
Coeur d'Alene Mines Corp.(NON) 90,000 1,371,600
Freeport-McMoRan Copper & Gold, Inc. Class B (Indonesia) 1,236,014 37,611,906
Glencore International PLC (United Kingdom)(S) 2,806,000 13,820,560
Goldcorp, Inc. (Toronto Exchange) (Canada) 255,500 7,557,690
IAMGOLD Corp. (Canada) 479,100 2,572,767
Kinross Gold Corp. (Canada) 920,700 5,008,608
Vedanta Resources PLC (India) 420,531 7,902,674
Walter Energy, Inc. 84,000 1,505,280
Yamana Gold, Inc. (Canada) 175,000 2,166,112
93,630,142
Multiline retail (0.4%)
Macy's, Inc. 197,600 8,812,960
Target Corp. 64,800 4,572,288
13,385,248
Oil, gas, and consumable fuels (4.4%)
Alpha Natural Resources, Inc.(NON)(S) 1,168,954 8,673,639
Anadarko Petroleum Corp. 197,400 16,731,624
Cabot Oil & Gas Corp. 55,800 3,797,190
Cairn Energy PLC (United Kingdom)(NON) 1,491,320 6,696,649
Gulfport Energy Corp.(NON) 191,200 9,978,728
HRT Participacoes em Petroleo SA (Brazil)(NON) 1,840,300 4,065,538
Kodiak Oil & Gas Corp.(NON) 672,400 5,264,892
Marathon Oil Corp. 891,721 29,132,525
Noble Energy, Inc. 126,100 14,285,869
Royal Dutch Shell PLC Class A (United Kingdom) 665,669 22,704,406
Suncor Energy, Inc. (Canada) 1,119,600 34,875,540
156,206,600
Paper and forest products (0.1%)
International Paper Co. 72,500 3,406,050
3,406,050
Personal products (0.5%)
Herbalife, Ltd.(S) 418,350 16,612,679
16,612,679
Pharmaceuticals (3.2%)
AbbVie, Inc. 324,400 14,938,620
Actavis, Inc.(NON) 19,700 2,082,881
Auxilium Pharmaceuticals, Inc.(NON)(S) 833,500 12,444,155
Eli Lilly & Co. 361,200 20,003,256
Jazz Pharmaceuticals PLC(NON)(S) 536,551 31,307,751
Pfizer, Inc. 204,532 5,945,745
ViroPharma, Inc.(NON) 253,800 6,916,050
Warner Chilcott PLC Class A 1,277,700 18,373,326
112,011,784
Professional services (0.2%)
Nielsen Holdings NV 40,772 1,411,527
Verisk Analytics, Inc. Class A(NON) 75,958 4,655,466
6,066,993
Real estate investment trusts (REITs) (0.4%)
American Tower Corp. Class A(R) 183,900 15,445,761
15,445,761
Real estate management and development (0.2%)
Realogy Holdings Corp.(NON) 139,198 6,681,504
6,681,504
Semiconductors and semiconductor equipment (2.8%)
ASML Holding NV ADR (Netherlands)(S) 122,100 9,080,577
Avago Technologies, Ltd. 139,300 4,452,028
First Solar, Inc.(NON)(S) 16,306 759,207
Lam Research Corp.(NON)(S) 257,500 11,901,650
Micron Technology, Inc.(NON)(S) 1,990,769 18,753,044
NXP Semiconductor NV(NON) 842,934 23,222,832
Samsung Electronics Co., Ltd. (South Korea) 11,976 16,529,120
SK Hynix, Inc. (South Korea)(NON) 287,070 7,793,874
Texas Instruments, Inc.(S) 203,800 7,379,598
99,871,930
Software (2.3%)
Adobe Systems, Inc.(NON) 159,300 7,181,244
Electronic Arts, Inc.(NON) 228,000 4,015,080
Longtop Financial Technologies Ltd. ADR (Hong Kong)(F)(NON) 478,830 —
Microsoft Corp. 931,300 30,826,030
Nintendo Co., Ltd. (Japan) 66,700 7,389,445
Oracle Corp. 667,889 21,893,401
Red Hat, Inc.(NON) 72,600 3,479,718
VMware, Inc. Class A(NON) 69,800 4,920,900
79,705,818
Specialty retail (3.1%)
Bed Bath & Beyond, Inc.(NON) 268,400 18,465,920
Best Buy Co., Inc.(S) 418,988 10,889,498
GameStop Corp. Class A 288,700 10,075,630
Lowe's Cos., Inc. 904,900 34,766,258
Office Depot, Inc.(NON)(S) 5,114,656 19,742,572
OfficeMax, Inc.(S) 554,000 6,376,540
Staples, Inc.(S) 268,071 3,549,260
Tile Shop Holdings, Inc.(NON) 235,037 5,828,918
109,694,596
Textiles, apparel, and luxury goods (0.4%)
Michael Kors Holdings, Ltd. (Hong Kong)(NON) 229,600 13,073,424
13,073,424
Thrifts and mortgage finance (0.2%)
Radian Group, Inc.(S) 557,800 6,665,710
6,665,710
Tobacco (1.9%)
Japan Tobacco, Inc. (Japan) 543,800 20,556,014
Philip Morris International, Inc. 482,769 46,147,890
66,703,904
Trading companies and distributors (0.3%)
Mitsubishi Corp. (Japan) 675,100 12,105,194
12,105,194
Transportation infrastructure (0.1%)
Beijing Capital International Airport Co., Ltd. (China) 5,092,000 3,530,210
3,530,210
Total common stocks (cost $3,051,291,242) $3,166,088,667

WARRANTS (2.8%)(a)(NON)
Expiration date Strike Price Warrants Value
Bank of America Corp.(W) 10/28/18 $30.79 19,401,439 $13,775,022
Citigroup, Inc. 1/4/19 106.10 21,776,989 11,757,396
General Motors Co. 7/10/19 18.33 246,244 3,469,578
Hartford Financial Services Group, Inc. (The)(W) 6/26/19 9.79 955,528 18,183,698
JPMorgan Chase & Co.(W) 10/28/18 42.42 1,298,288 17,981,289
Matahari Department Store 144A (Indonesia) 3/25/16 0.00 6,135,500 7,635,832
Wells Fargo & Co.(W) 10/28/18 34.01 2,302,672 27,562,984
Total warrants (cost $107,332,388) $100,365,799

PURCHASED EQUITY OPTIONS OUTSTANDING (1.7%)(a)
Expiration Contract
date/strike price amount Value
Actavis, Inc. (Call) May-13/$86.00 291,115 $5,767,452
Amazon.com, Inc. (Call) May-13/275.00 185,049 7,707
Amazon.com, Inc. (Call) May-13/295.00 185,049 3,140
Apple, Inc. (Call) Jul-13/500.00 247,072 1,107,550
Apple, Inc. (Call) Aug-13/460.00 135,341 2,402,303
Apple, Inc. (Call) Jul-13/480.00 188,601 1,490,363
Apple, Inc. (Call) Jun-13/500.00 947,001 2,316,554
Apple, Inc. (Call) May-13/520.00 319,872 90,866
Apple, Inc. (Call) May-13/460.00 214,308 119,685
Apple, Inc. (Call) May-13/490.00 360,602 32,555
Apple, Inc. (Call) May-13/510.00 500,918 19,776
Apple, Inc. (Call) May-13/520.00 289,176 11,047
Apple, Inc. (Call) May-13/480.00 186,211 5,586
Apple, Inc. (Call) May-13/520.00 214,308 4,243
Apple, Inc. (Call) May-13/570.00 235,333 7
Apple, Inc. (Put) May-13/410.00 165,337 16,110
Apple, Inc. (Put) May-13/370.00 165,337 2,817
Assured Guaranty, Ltd. (Call) Jul-13/20.00 3,007,189 4,808,600
Best Buy Co., Inc. (Call) May-13/10.00 187,355 2,994,120
EMC Corp. (Call) May-13/23.00 1,329,807 287,172
EMC Corp. (Call) May-13/25.00 4,620,016 99,792
EMC Corp. (Call) May-13/27.00 1,329,807 15,200
Euro Stoxx 50 Price (Call) Jul-13/2,900.00 19,889 338,906
Euro Stoxx 50 Price (Call) Jun-13/2,700.00 42,488 964,098
Euro Stoxx 50 Price (Call) Jun-13/2,825.00 37,302 821,020
Euro Stoxx 50 Price (Call) Jun-13/2,750.00 39,698 818,187
Euro Stoxx 50 Price (Call) Jun-13/2,875.00 37,738 432,159
Facebook, Inc. (Call) May-13/30.00 1,630,407 427,900
Facebook, Inc. (Call) May-13/28.00 1,593,383 1,853,104
Facebook, Inc. (Call) May-13/30.00 1,593,383 732,956
Facebook, Inc. (Call) May-13/28.00 636,667 636,667
Facebook, Inc. (Call) May-13/32.00 636,667 28,561
Halliburton Co. (Call) Jun-13/45.00 2,858,513 2,258,225
Halliburton Co. (Call) Jun-13/42.00 730,278 117,210
Hartford Financial Services Group, Inc. (The) (Call) May-13/20.00 108,638 878,846
Herbalife, Ltd. (Call) Aug-13/65.00 1,545,670 355,504
Herbalife, Ltd. (Call) Aug-13/55.00 1,748,159 324,965
Humana, Inc. (Call) May-13/60.00 91,042 1,286,599
iShares MSCI Emerging Markets Index (Call) Jun-13/46.00 9,043,934 1,718,347
iShares MSCI Emerging Markets Index (Call) Jun-13/44.50 2,718,363 1,386,909
iShares MSCI Emerging Markets Index (Call) Jun-13/46.00 3,707,055 596,213
SanDisk Corp. (Call) May-13/35.00 148,000 2,575,200
SPDR S&P 500 ETF Trust (Put) May-13/148.00 4,411,063 1,260,241
SPDR S&P 500 ETF Trust (Put) May-13/150.00 2,159,043 943,379
SPDR S&P 500 ETF Trust (Put) May-13/154.00 4,626,240 3,691,716
SPDR S&P 500 ETF Trust (Put) May-13/152.00 4,411,063 2,579,894
SPDR S&P 500 ETF Trust (Put) May-13/150.00 4,626,240 1,807,472
SPDR S&P 500 ETF Trust (Put) May-13/156.00 1,298,548 1,415,651
SPDR S&P 500 ETF Trust (Put) May-13/152.00 1,298,548 707,774
SPDR S&P 500 ETF Trust (Put) May-13/152.00 1,072,770 611,479
SPDR S&P 500 ETF Trust (Put) May-13/152.00 876,519 477,747
SPDR S&P 500 ETF Trust (Put) May-13/152.00 1,273,348 153,579
SPDR S&P 500 ETF Trust (Put) May-13/153.00 2,980,190 128,148
SPDR S&P 500 ETF Trust (Put) May-13/154.00 922,635 39,932
UniCredit SpA (Call) Jun-13/4.00 EUR 16,723,914 3,834,191
Xerox Corp. (Call) May-13/6.00 1,137,660 2,934,845
Total purchased equity options outstanding (cost $66,928,418) $60,740,269

INVESTMENT COMPANIES (1.7%)(a)
Shares Value
CSOP FTSE China A50 ETF (China)(NON) 7,393,600 $9,527,651
iShares Dow Jones U.S. Home Construction Index Fund(S) 497,800 12,076,628
iShares FTSE A50 China Index ETF (China) 9,112,100 12,070,951
Market Vectors Gold Miners ETF(S) 319,700 9,706,092
SPDR S&P Homebuilders ETF(S) 268,800 8,141,952
SPDR S&P Metals & Mining ETF(S) 195,300 7,259,301
Total investment Companies (cost $57,059,769) $58,782,575

CONVERTIBLE PREFERRED STOCKS (0.3%)(a)
Shares Value
Unisys Corp. Ser. A, 6.25% cv. pfd. 194,826 $11,117,259
Total convertible preferred stocks (cost $14,190,021) $11,117,259

U.S. TREASURY OBLIGATIONS (0.2%)(a)
Principal amount Value
U.S. Treasury Bills zero %, March 6, 2014(i) $1,684,000 $1,682,653
U.S. Treasury Bonds 3 1/8s, February 15, 2042(i) 1,635,000 1,728,162
U.S. Treasury Notes 3 3/8s, July 31, 2013(i) 2,042,000 2,076,223
Total U.S. treasury Obligations (cost $5,487,038) $5,487,038

SHORT-TERM INVESTMENTS (14.7%)(a)
Principal amount/shares Value
U.S. Treasury Bills with an effective yield of 0.16%, July 25, 2013(SEGSF) $1,383,000 $1,382,837
U.S. Treasury Bills with effective yields ranging from 0.10% to 0.13%, April 3, 2014(SEGSF) 544,000 543,478
Putnam Cash Collateral Pool, LLC 0.18%(d) 328,428,470 328,428,470
Putnam Short Term Investment Fund 0.04%(AFF) 159,593,196 159,593,196
SSgA Prime Money Market Fund 0.04%(P) 29,584,703 29,584,703
Total short-term investments (cost $519,532,301) $519,532,684

TOTAL INVESTMENTS
Total investments (cost $3,821,821,177)(b) $3,922,114,291













FORWARD CURRENCY CONTRACTS at 4/30/13 (aggregate face value $195,924,478) (Unaudited)


Unrealized
Contract Delivery Aggregate appreciation/
Counterparty Currency type date Value face value (depreciation)
Credit Suisse International
Euro Sell 6/19/13 $77,677,674 $76,748,836 $(928,838)
Japanese Yen Sell 5/15/13 55,201,607 58,203,265 3,001,658
UBS AG
British Pound Sell 6/19/13 63,100,043 60,972,377 (2,127,666)
Total $(54,846)












WRITTEN EQUITY OPTIONS OUTSTANDING at 4/30/13 (premiums $33,979,364) (Unaudited)


Expiration       Contract
date/strike price       amount Value
Amazon.com, Inc. (Call) May-13/$285.00       370,098 $6,621
Apple, Inc. (Call) Aug-13/480.00        135,341 1,579,198
Apple, Inc. (Call) Jul-13/500.00        188,601 845,442
Apple, Inc. (Call) Jul-13/520.00        247,072 621,510
Apple, Inc. (Call) Jun-13/520.00        947,001 1,222,285
Apple, Inc. (Call) May-13/540.00        319,872 51,698
Apple, Inc. (Call) May-13/530.00        595,935 12,461
Apple, Inc. (Call) May-13/540.00        289,176 10,578
Apple, Inc. (Call) May-13/490.00        428,616 38,695
Apple, Inc. (Call) May-13/530.00        500,918 10,474
Apple, Inc. (Put) May-13/390.00        330,674 15,671
Assured Guaranty, Ltd. (Call) Jul-13/22.00        3,007,189 2,181,265
EMC Corp. (Call) May-13/26.00        4,620,016 58,027
EMC Corp. (Call) May-13/25.00        2,659,614 57,448
Euro Stoxx 50 Price (Call) Jul-13/3,000.00        19,889 100,502
Euro Stoxx 50 Price (Call) Jun-13/2,925.00        37,302 205,220
Euro Stoxx 50 Price (Call) Jun-13/2,975.00        37,738 93,511
Facebook, Inc. (Call) May-13/29.00        3,186,766 2,390,075
Facebook, Inc. (Call) May-13/30.00        1,273,334 334,187
Facebook, Inc. (Call) May-13/31.00        1,630,407 172,187
Halliburton Co. (Call) Jun-13/48.00        2,858,513 628,873
Herbalife, Ltd. (Call) Aug-13/70.00        1,545,670 184,446
iShares MSCI Emerging Markets Index (Call) Jun-13/48.00        9,043,934 331,641
iShares MSCI Emerging Markets Index (Call) Jun-13/46.00        2,718,363 516,489
SPDR S&P 500 ETF Trust (Put) May-13/152.00        9,252,480 5,411,489
SPDR S&P 500 ETF Trust (Put) May-13/150.00        8,822,126 3,854,766
SPDR S&P 500 ETF Trust (Put) May-13/154.00        2,597,096 1,964,521
SPDR S&P 500 ETF Trust (Put) May-13/148.00        2,159,043 616,839
SPDR S&P 500 ETF Trust (Put) May-13/150.00        1,072,770 407,653
SPDR S&P 500 ETF Trust (Put) May-13/150.00        876,519 334,944
SPDR S&P 500 ETF Trust (Put) May-13/150.00        1,273,348 98,825
SPDR S&P 500 ETF Trust (Put) May-13/151.00        2,980,190 52,422
SPDR S&P 500 ETF Trust (Put) May-13/152.00        922,635 20,280
UniCredit SpA (Call) Jun-13/4.20 EUR        16,723,914 2,312,553
Total $26,742,796













OTC TOTAL RETURN SWAP CONTRACTS OUTSTANDING at 4/30/13 (Unaudited)
Upfront     Fixed payments Total return Unrealized
Swap counterparty/ premium     Termination received (paid) by received by appreciation/
Notional amount received (paid)     date fund per annum or paid by fund (depreciation)
Bank of America N.A.
baskets 79,745      2/25/14 (3 month USD-LIBOR-BBA plus 0.35%) A basket (MLTRENER) of common stocks $(552,207)
baskets 259,599      2/25/14 (3 month USD-LIBOR-BBA plus 0.18%) A basket (MLPPSEMI) of common stocks (1,551,217)
Barclays Bank PLC
baskets 191,291      1/27/14 (3 month USD-LIBOR-BBA plus 15 bp) A basket (BCSU115) of common stocks 110,566
Total $(1,992,858)










Key to holding's currency abbreviations
EUR Euro
Key to holding's abbreviations
ADR American Depository Receipts: represents ownership of foreign securities on deposit with a custodian bank
ETF Exchange Traded Fund
SPDR S&P Depository Receipts
Notes to the fund's portfolio
Unless noted otherwise, the notes to the fund's portfolio are for the close of the fund's reporting period, which ran from August 1, 2012 through April 30, 2013 (the reporting period). Within the following notes to the portfolio, references to “ASC 820” represent Accounting Standards Codification ASC 820 Fair Value Measurements and Disclosures, references to “Putnam Management” represent Putnam Investment Management, LLC, the fund's manager, an indirect wholly-owned subsidiary of Putnam Investments, LLC and references to “OTC”, if any, represent over-the-counter.
(a) Percentages indicated are based on net assets of $3,534,335,739.
(b) The aggregate identified cost on a tax basis is $3,864,965,967, resulting in gross unrealized appreciation and depreciation of $326,839,884 and $269,691,561, respectively, or net unrealized appreciation of $57,148,323.
(NON) Non-income-producing security.
(AFF) Affiliated company. For investments in Putnam Money Market Liquidity Fund and Putnam Short Term Investment Fund, the rate quoted in the security description is the annualized 7-day yield of the fund at the close of the reporting period. Transactions during the period with any company which is under common ownership, or with companies in which the fund owned at least 5% of the voting securities, were as follows:
Name of affiliates Market value at the beginning of the reporting period Purchase cost Sale proceeds Investment incomeMarket value at the end of the reporting period
Putnam Money Market Liquidity Fund * $48,686,257 $755,212,441 $803,898,698 $25,162 $—
Putnam Short Term Investment Fund * — 463,346,802 303,753,606 16,684159,593,196
Tronox, Ltd. Class A 101,488,307 9,487,216 31,793,284 1,922,094—
Totals $150,174,564 $1,228,046,459 $1,139,445,588 $1,963,940$159,593,196
* Management fees charged to Putnam Money Market Liquidity Fund and Putnam Short Term Investment Fund have been waived by Putnam Management.
(SEGSF) This security, in part or in entirety, was pledged and segregated with the custodian for collateral on certain derivative contracts at the close of the reporting period.
(d) Affiliated company. The fund may lend securities, through its agent, to qualified borrowers in order to earn additional income. The loans are collateralized by cash 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 agent; the fund will bear the risk of loss with respect to the investment of the cash collateral. At the close of the reporting period, the value of securities loaned amounted to $320,741,608. Certain of these securities were sold prior to the close of the reporting period.
The fund received cash collateral of $328,428,470, which is invested in Putnam Cash Collateral Pool, LLC, a limited liability company managed by an affiliate of Putnam Management. Investments in Putnam Cash Collateral Pool, LLC are valued at its closing net asset value each business day. There are no management fees charged to Putnam Cash Collateral Pool, LLC. The rate quoted in the security description is the annualized 7-day yield at the close of the reporting period.
(F) Is valued at fair value following procedures approved by the Trustees. Securities may be classified as Level 2 or Level 3 for ASC 820 based on the securities' valuation inputs. At the close of the reporting period, fair value pricing was also used for certain foreign securities in the portfolio.
(i) Security was pledged, or purchased with cash that was pledged, to the fund for collateral on certain derivative contracts.
(P) Security was pledged, or purchased with cash that was pledged, to the fund for collateral on certain derivatives contracts. The rate quoted in the security description is the annualized 7-day yield of the fund at the close of the reporting period.
(R) Real Estate Investment Trust.
(S) Security on loan, in part or in entirety, at the close of the reporting period.
(W) Warrants issued to the U.S. Treasury under the Troubled Asset Relief Program (TARP).
At the close of the reporting period, the fund maintained liquid assets totaling $548,939,916 to cover certain derivatives contracts.
Debt obligations are considered secured unless otherwise indicated.
144A after the name of an issuer represents securities exempt from registration under Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.
The dates shown on debt obligations are the original maturity dates.
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, and are classified as Level 1 securities under ASC 820. If no sales are reported, as in the case of some securities that are traded OTC, a security is valued at its last reported bid price and is generally categorized as a Level 2 security.
Investments in open-end investment companies (excluding exchange traded funds), if any, which can be classified as Level 1 or Level 2 securities, are based on their net asset value. The net asset value of such investment companies equals the total value of their assets less their liabilities and divided by the number of their outstanding shares.
Market quotations are not considered to be readily available for certain debt obligations and other investments; such investments are valued on the basis of valuations furnished by an independent pricing service approved by the Trustees or dealers selected by Putnam Management. Such services or dealers determine valuations for normal institutional-size trading units of such securities using methods based on market transactions for comparable securities and various relationships, generally recognized by institutional traders, between securities (which consider such factors as security prices, yields, maturities and ratings). These securities will generally be categorized as Level 2.
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 equity securities taking into account multiple factors including movements in the U.S. securities markets, currency valuations and comparisons to the valuation of American Depository Receipts, exchange-traded funds and futures contracts. These securities, which would generally be classified as Level 1 securities, will be transferred to Level 2 of the fair value hierarchy when they are valued at fair value. 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. At the close of the reporting period, fair value pricing was used for certain foreign securities in the portfolio. Securities quoted in foreign currencies, if any, are translated into U.S. dollars at the current exchange rate.
To the extent a pricing service or dealer is unable to value a security or provides a valuation that Putnam Management does not believe accurately reflects the security's fair value, the security will be valued at fair value by Putnam Management. Certain investments, including certain restricted and illiquid securities and derivatives, are also valued at fair value following procedures approved by the Trustees. These valuations consider such factors as significant market or specific security events such as interest rate or credit quality changes, various relationships with other securities, discount rates, U.S. Treasury, U.S. swap and credit yields, index levels, convexity exposures and recovery rates. These securities are classified as Level 2 or as Level 3 depending on the priority of the significant inputs.
Such valuations and procedures are reviewed periodically by the Trustees. The fair value of securities is generally determined as the amount that the fund could reasonably expect to realize from an orderly disposition of such securities over a reasonable period of time. By its nature, a fair value price is a good faith estimate of the value of a security in a current sale and does not reflect an actual market price, which may be different by a material amount.
Options contracts: The fund used options contracts to hedge against changes in values of securities it owns, owned or expects to own.
The potential risk to the fund is that the change in value of 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, if interest or exchange rates move unexpectedly or if the counterparty to the contract is unable to perform. Realized gains and losses on purchased options are included in realized gains and losses on investment securities. If a written call option is exercised, the premium originally received is recorded as an addition to sales proceeds. If a written put option is exercised, the premium originally received is recorded as a reduction to the cost of investments.
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. OTC traded options are valued using prices supplied by dealers. Forward premium swap options contracts include premiums that do not settle until the expiration date of the contract. The delayed settlement of the premiums are factored into the daily valuation of the option contracts.
For the fund's average contract amount on options contracts, see the appropriate table at the end of these footnotes.
Forward currency contracts: The fund buys and sells forward currency contracts, which are agreements between two parties to buy and sell currencies at a set price on a future date. These contracts were used to hedge foreign exchange risk.
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. 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 when the contract matures or by delivery of the currency. 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.
For the fund's average contract amount on forward currency contracts, see the appropriate table at the end of these footnotes.
Total return swap contracts: The fund entered into OTC total return swap contracts, which are arrangements to exchange a market linked return for a periodic payment, both based on a notional principal amount, to gain exposure to specific sectors or industries.
To the extent that the total return of the security, index or other financial measure underlying the transaction exceeds or falls short of the offsetting interest rate obligation, the fund will receive a payment from or make a payment to the counterparty. OTC total return swap contracts are marked to market daily based upon quotations from an independent pricing service or market makers and the change, if any, is recorded as an unrealized gain or loss. Payments received or made are recorded as realized gains or losses. Certain OTC total return swap contracts may include extended effective dates. Payments related to these swap contracts are accrued based on the terms of the contract. The fund could be exposed to credit or market risk due to unfavorable changes in the fluctuation of interest rates or in the price of the underlying security or index, the possibility that there is no liquid market for these agreements or that the counterparty may default on its obligation to perform. The fund’s maximum risk of loss from counterparty risk is the fair value of the contract. This risk may be mitigated by having a master netting arrangement between the fund and the counterparty.
For the fund's average notional amount on OTC total return swap contracts, see the appropriate table at the end of these footnotes.
Master agreements: The fund is a party to ISDA (International Swaps and Derivatives Association, Inc.) Master Agreements (Master Agreements) with certain counterparties that govern OTC derivative and foreign exchange contracts entered into from time to time. The Master Agreements may contain provisions regarding, among other things, the parties’ general obligations, representations, agreements, collateral requirements, events of default and early termination. With respect to certain counterparties, in accordance with the terms of the Master Agreements, collateral posted to the fund is held in a segregated account by the fund’s custodian and with respect to those amounts which can be sold or repledged, are presented in the fund’s portfolio. Collateral posted to the fund which cannot be sold or repledged totaled $10,605,535 at the close of the reporting period.
Collateral pledged by the fund is segregated by the fund’s custodian and identified in the fund’s portfolio. Collateral can be in the form of cash or debt securities issued by the U.S. Government or related agencies or other securities as agreed to by the fund and the applicable counterparty. Collateral requirements are determined based on the fund’s net position with each counterparty.
Termination events applicable to the fund may occur upon a decline in the fund’s net assets below a specified threshold over a certain period of time. Termination events applicable to counterparties may occur upon a decline in the counterparty’s long-term and short-term credit ratings below a specified level. In each case, upon occurrence, the other party may elect to terminate early and cause settlement of all derivative and foreign exchange contracts outstanding, including the payment of any losses and costs resulting from such early termination, as reasonably determined by the terminating party. Any decision by one or more of the fund’s counterparties to elect early termination could impact the fund's future derivative activity.
At the close of the reporting period, the fund had a net liability position of $2,127,666 on open derivative contracts subject to the Master Agreements. Collateral posted by the fund for these agreements totaled $1,926,372.












ASC 820 establishes a three-level hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of the fund’s investments. The three levels are defined as follows:
Level 1: Valuations based on quoted prices for identical securities in active markets.
Level 2: Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.
Level 3: Valuations based on inputs that are unobservable and significant to the fair value measurement.
The following is a summary of the inputs used to value the fund’s net assets as of the close of the reporting period:

 Valuation inputs
Investments in securities: Level 1 Level 2 Level 3
Common stocks:
    Consumer discretionary $394,985,438 $37,101,307 $—
    Consumer staples 126,806,589 — —
    Energy 253,131,360 45,510,751 —
    Financials 261,056,460 34,400,340 —
    Health care 396,184,344 — —
    Industrials 239,176,389 6,050,666 —
    Information technology 1,097,139,367 — 3,217,939
    Materials 242,681,941 28,645,776 —
Total common stocks 3,011,161,888 151,708,840 3,217,939
Convertible preferred stocks — 11,117,259 —
Investment companies 58,782,575 — —
Purchased equity options outstanding 2,575,200 58,165,069 —
U.S. Treasury obligations — 5,487,038 —
Warrants 92,729,967 7,635,832 —
Short-term investments 189,177,899 330,354,785 —
Totals by level $3,354,427,529 $564,468,823 $3,217,939



Valuation inputs
Other financial instruments: Level 1 Level 2 Level 3
Forward currency contracts $— $(54,846) $—
Written equity options outstanding — (26,742,796) —
Total return swap contracts — (1,992,858) —
Totals by level $— $(28,790,500) $—


At the start and close of the reporting period, Level 3 investments in securities were not considered a significant portion of the fund's portfolio.
Market Values of Derivative Instruments as of the close of the reporting period
Asset derivatives Liability derivatives
Derivatives not accounted for as hedging instruments under ASC 815 Market value Market value
Foreign exchange contracts $3,001,658 $3,056,504
Equity contracts 161,216,634 28,846,220
Total $164,218,292 $31,902,724


The average volume of activity for the reporting period for any derivative type that was held at the close of the period is listed below and was as follows:
Purchased equity option contracts (number of contracts) 83,300,000
Written equity option contracts (number of contracts) 69,600,000
Forward currency contracts (contract amount) $181,200,000
OTC total return swap contracts (notional) $62,400,000
Warrants (number of warrants) 57,800,000

For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site 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:
Separate certifications for the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) 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.

Putnam Voyager Fund
By (Signature and Title):
/s/ Janet C. Smith
Janet C. Smith
Principal Accounting Officer
Date: June 27, 2013

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/ Jonathan S. Horwitz
Jonathan S. Horwitz
Principal Executive Officer
Date: June 27, 2013

By (Signature and Title):
/s/ Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer
Date: June 27, 2013

EX-99.CERT 2 b_007certifications.htm EX-99.CERT b_007certifications.htm

Certifications

I, Jonathan S. Horwitz, 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 schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the 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 of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) 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) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;


c) 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


d) 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 control 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 control over financial reporting.

/s/ Jonathan S. Horwitz
_____________________________

Date: June 27, 2013
Jonathan S. Horwitz
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 schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the 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 of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) 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) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;


c) 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


d) 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 control 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 control over financial reporting.

/s/ Steven D. Krichmar
_______________________________

Date: June 27, 2013
Steven D. Krichmar
Principal Financial Officer














Attachment A

Period (s) ended April 30, 2013
               Putnam Premier Income Trust
               Putnam Research Fund
               Putnam Investors Fund
               Putnam Voyager Fund
               Putnam Tax Free High Yield Fund
               Putnam AMT-Free Insured Municipal Fund
               Putnam Growth Opportunities Fund
               The George Putnam Fund of Boston (d/b/a/ George Putnam Balanced Fund)
               Putnam Short Duration Income Fund
               Putnam Short Term Investment Fund
               Putnam Strategic Volatility Equity Fund
               Putnam Low Volatility Equity Fund

               Putnam RetirementReady – Funds:
               Putnam RetirementReady – 2055
               Putnam RetirementReady – 2050
               Putnam RetirementReady – 2045
               Putnam RetirementReady – 2040
               Putnam RetirementReady – 2035
               Putnam RetirementReady – 2030
               Putnam RetirementReady – 2025
               Putnam RetirementReady – 2020
               Putnam RetirementReady – 2015
               Putnam Retirement Income Fund Lifestyle 1