-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ic14lOY3t3PNSn8Yg/tBbhRc6Dzi66xx8nX9OuUsp9/05H7TFAPSAXBQ72M5uf5u 10n4lbh7ntz5y6+8XUjowQ== 0000928816-05-000883.txt : 20050720 0000928816-05-000883.hdr.sgml : 20050720 20050720163517 ACCESSION NUMBER: 0000928816-05-000883 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050720 DATE AS OF CHANGE: 20050720 EFFECTIVENESS DATE: 20050720 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM UTILITIES GROWTH & INCOME FUND CENTRAL INDEX KEY: 0000867824 IRS NUMBER: 046660195 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-37011 FILM NUMBER: 05964166 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 497 1 athfns1.htm PUTNAM UTILITIES GROWTH AND INCOME FUND <SUBMISSION>

Prospectus Supplement

226997  7/05

dated July 20, 2005 to:



PUTNAM UTILITIES GROWTH AND INCOME FUND

Prospectuses dated February 28, 2005


The second and third paragraphs and table under the heading “Who manages the fund?” are replaced with the following:


Putnam Management has retained its affiliate, Putnam Investments Limited (“PIL”), to manage a separate portion of the assets of the fund.  Subject to the supervision of Putnam Management, PIL is responsible for making investment decisions for the portion of the assets of the fund that it manages.


PIL provides a full range of international investment advisory services to institutional and retail clients.


Putnam Management (and not the fund) pays a quarterly sub-management fee to PIL for its services at the annual rate 0.35% of the average aggregate net asset value of the portion of the assets of the fund managed by PIL.  PIL’s address is Cassini House, 57-59 St James’s Street, London, England, SW1A 1LD.


Investment Management teams.  Putnam Management and PIL’s investment professionals are organized into investment management teams, with a particular team dedicated to a specific asset class. The members of the Global Equity Research and Core Fixed Income teams are responsible for the day-to-day management of the fund. The names of all team members can be found at www.putnaminvestments.com.  


The following team members coordinate the teams’ management of the fund’s portfolio.  Their experience as investment professionals over the last five years is shown.


Portfolio Leader

Joined Fund

Employer

Positions Over Past Five Years

Michael Yogg

2000

Putnam Management

1997 – Present

Analyst and Sector Team Leader, Global Equity Research Team

Previously, Associate Director,

Global Equity Research Team; Analyst

Portfolio Members

Joined

Fund

Employer

Positions Over Past Five Years

Kevin Murphy

2003

Putnam Management

1999 – Present

Team Leader, High Grade Credit

Previously, Investment Strategist; Derivatives Analyst

Masroor Siddiqui

2005

Putnam Investments Limited

2005 – Present


Jefferies & Company

Prior to February 2005


Goldman Sachs & Company

Prior to March 2002

Analyst




Equity Analyst; Team Leader, Industrials Research Practice



Equity Analyst





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