a1_oefdefa14a.htm

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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/ /	Preliminary Proxy Statement.
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PUTNAM ASSET ALLOCATION FUNDS

PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND

PUTNAM CONVERTIBLE SECURITIES FUND

PUTNAM DIVERSIFIED INCOME TRUST

PUTNAM ETF TRUST

PUTNAM FOCUSED INTERNATIONAL EQUITY FUND

PUTNAM FUNDS TRUST

GEORGE PUTNAM BALANCED FUND

PUTNAM GLOBAL HEALTH CARE FUND

PUTNAM GLOBAL INCOME TRUST

PUTNAM HIGH YIELD FUND

PUTNAM INCOME FUND

PUTNAM INTERNATIONAL EQUITY FUND

PUTNAM INVESTMENT FUNDS

PUTNAM LARGE CAP VALUE FUND

PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND

PUTNAM MINNESOTA TAX EXEMPT INCOME FUND

PUTNAM MONEY MARKET FUND

PUTNAM MORTGAGE SECURITIES FUND

PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND

PUTNAM NEW YORK TAX EXEMPT INCOME FUND

PUTNAM OHIO TAX EXEMPT INCOME FUND

PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND

PUTNAM SUSTAINABLE LEADERS FUND

PUTNAM TARGET DATE FUNDS

PUTNAM TAX EXEMPT INCOME FUND

PUTNAM TAX-FREE INCOME TRUST

PUTNAM VARIABLE TRUST

(Name of Registrant as Specified in its Charter)

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-2-

We recently contacted you seeking your vote on a proposal that affects your investment in the Putnam Funds. Our records indicate that we have not yet received your vote. We respectfully request that you vote as soon as you can. As a reminder, the Board of Trustees of the Putnam Funds recommends that you vote in favor of the proposal and believes it is in the best interest of shareholders.

Your vote is important regardless of how many shares you own. Your prompt vote will reduce the need for additional mailings.

Our initial mailing on this matter may have included only a Notice of Meeting and not the full proxy statement. To review the full statement, please visit https://www.putnam.com/static/pdf/email/all-putnam-funds-proxy-statement.pdf. Or call 1-833-501-4818, and we would be happy to email it to you.

Your vote is important regardless of how many shares you own. Your prompt vote will reduce the need for additional mailings.