-----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, EaKSPy9JcYCdH02VYSUrcHGzDvQZZFs5nkVAv84PMdRA/uDStbe5HE0pER4bfbtb 1QJlbPMUY6ciY3Qio+Uj5w== 0000928816-05-000719.txt : 20050611 0000928816-05-000719.hdr.sgml : 20050611 20050527141204 ACCESSION NUMBER: 0000928816-05-000719 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050331 FILED AS OF DATE: 20050527 DATE AS OF CHANGE: 20050527 EFFECTIVENESS DATE: 20050527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM INTERNATIONAL EQUITY FUND /MA/ CENTRAL INDEX KEY: 0000868648 IRS NUMBER: 046661045 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-06190 FILM NUMBER: 05863183 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921471 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INTERNATIONAL GROWTH FUND /MA/ DATE OF NAME CHANGE: 19960805 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM OVERSEAS GROWTH FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INTERNATIONAL GROWTH FUND DATE OF NAME CHANGE: 19901107 N-Q 1 ief1.txt PUTNAM INTERNATIONAL EQUITY FUND Item 1. Schedule of Investments: - -------------------------------- PUTNAM INTERNATIONAL EQUITY FUND QUARTERLY PORTFOLIO HOLDINGS 3-31-05
Putnam International Equity Fund - -------------------------------------------------------------------------------------------------------------------------------- The fund's portfolio March 31, 2005 (Unaudited) Common stocks (98.7%) (a) - -------------------------------------------------------------------------------------------------------------------------------- Number of shares Value - -------------------------------------------------------------------------------------------------------------------------------- Australia (0.8%) - -------------------------------------------------------------------------------------------------------------------------------- 2,798,482 Adelaide Brighton, Ltd. $3,657,272 456,781 Alumina, Ltd. 2,080,517 3,215,050 Amcor, Ltd. 17,801,179 220,026 Australia & New Zealand Banking Group, Ltd. 3,508,413 289,007 BlueScope Steel, Ltd. 1,944,355 163,133 Commonwealth Bank of Australia 4,410,230 36,183 Macquarie Bank, Ltd. 1,343,894 15,912 Publishing & Broadcasting, Ltd. 189,370 475,546 QBE Insurance Group, Ltd. 5,475,644 133,691 Rio Tinto, Ltd. 4,666,720 511,210 Virgin Blue Holdings, Ltd. (NON) (S) 755,059 283,067 Westpac Banking Corp. 4,165,585 201,371 Woolworths, Ltd. 2,499,309 - -------------------------------------------------------------------------------------------------------------------------------- 52,497,547 Austria (0.4%) - -------------------------------------------------------------------------------------------------------------------------------- 1,312,918 Telekom Austria AG 25,762,668 3,600 Telekom Austria AG 144A 70,641 - -------------------------------------------------------------------------------------------------------------------------------- 25,833,309 Belgium (1.4%) - -------------------------------------------------------------------------------------------------------------------------------- 1,416,583 Interbrew SA 49,721,348 428,514 KBC Groupe SA 36,223,349 12,207 Solvay SA 1,458,603 24,068 Umicore (NON) 2,448,939 - -------------------------------------------------------------------------------------------------------------------------------- 89,852,239 Bermuda (0.6%) - -------------------------------------------------------------------------------------------------------------------------------- 29,900 ACE, Ltd. 1,233,973 501,636 XL Capital, Ltd. Class A 36,303,397 - -------------------------------------------------------------------------------------------------------------------------------- 37,537,370 Brazil (1.6%) - -------------------------------------------------------------------------------------------------------------------------------- 128,595 Banco Itau SA ADR (S) 10,435,484 6,500 Bradespar SA (Preference) 248,551 3,025 Bradespar SA 144A pfd. (Preference) 115,672 11,520 Companhia Vale do Rio Doce (CVRD) ADR 364,147 1,317,655 Petroleo Brasileiro SA ADR (S) 58,213,998 1,241,302 Tele Norte Leste Participacoes SA ADR 19,202,942 403,291 Unibanco-Uniao de Bancos Brasileiros SA GDR 13,865,145 - -------------------------------------------------------------------------------------------------------------------------------- 102,445,939 Canada (1.6%) - -------------------------------------------------------------------------------------------------------------------------------- 1,227,637 ATI Technologies, Inc. (NON) 21,191,353 17,550 Bank of Montreal 815,112 19,500 Barrick Gold Corp. 467,510 32,005 Canadian Imperial Bank of Commerce 1,941,044 289,722 Canadian National Railway Co. 18,287,264 853,195 Canadian Natural Resources, Ltd. 48,217,932 32,976 Celestica, Inc. (NON) 443,279 10,676 CI Fund Management, Inc. 152,338 15,878 Dofasco, Inc. 467,965 13,809 Imperial Oil, Ltd. 1,050,516 10,400 ING Canada, Inc. 295,423 1,530 ING Canada, Inc. 144A 43,461 5,319 Magna International, Inc. Class A 356,183 31,211 Manulife Financial Corp. 1,490,109 5,477 National Bank of Canada 237,128 11,718 PetroKazakhstan Inc. Class A 472,266 13,262 Power Financial Corp. 351,395 4,547 Precision Drilling Corp. (NON) 340,198 3,520 Shell Canada, Ltd. 253,175 29,136 Shoppers Drug Mart Corp. 972,163 9,055 Sun Life Financial Services of Canada, Inc. 295,321 11,777 Teck Corp. 436,672 36,299 Telus Corp. 1,117,239 - -------------------------------------------------------------------------------------------------------------------------------- 99,695,046 China (0.4%) - -------------------------------------------------------------------------------------------------------------------------------- 807,000 China Life Insurance Co., Ltd. (NON) 538,062 62,346,500 China Telecom Corp., Ltd. 21,783,823 1,354,000 Shanghai Forte Land Co., Ltd. 403,643 - -------------------------------------------------------------------------------------------------------------------------------- 22,725,528 Denmark (0.4%) - -------------------------------------------------------------------------------------------------------------------------------- 552,950 TDC A/S 23,371,626 Egypt (--%) - -------------------------------------------------------------------------------------------------------------------------------- 11,655 Orascom Telecom Holding SAE (NON) 410,256 2,328 Orascom Telecom Holding SAE 144A (NON) 81,946 - -------------------------------------------------------------------------------------------------------------------------------- 492,202 Finland (0.1%) - -------------------------------------------------------------------------------------------------------------------------------- 196,848 Nokia OYJ 3,059,416 114,369 Orion-Yhtymae OYJ Class B 1,756,718 255,886 Sampo OYJ Class A 3,724,267 - -------------------------------------------------------------------------------------------------------------------------------- 8,540,401 France (12.9%) - -------------------------------------------------------------------------------------------------------------------------------- 16,198 Air Liquide 2,986,896 40,557 Autoroutes du Sud de la France (ASF) 2,062,301 139,686 Axa SA 3,730,276 1,020,870 BNP Paribas SA 72,499,814 25,168 Business Objects SA (NON) 675,375 32,508 Christian Dior SA 2,376,233 3,755,587 Credit Agricole SA 102,341,680 3,047,050 France Telecom SA 91,467,718 1,271,582 France Telecom SA 144A 38,170,921 32,436 Groupe Danone 3,235,057 130,588 Lagardere SCA 9,910,428 22,302 LVMH Moet Hennessy Louis Vuitton SA 1,672,230 25,355 Pernod-Ricard SA 3,548,588 1,003,978 Renault SA 89,891,722 19,450 Sanofi-Synthelabo SA 1,644,157 46,891 Schneider Electric SA 3,683,512 15,000 Societe des Autoroutes du Nord et de l'Est de la France 144A (NON) 768,005 517,389 Societes Des Autoroutes Paris-Rhin-Rhone 28,978,156 61,675 Societes Des Autoroutes Paris-Rhin-Rhone 144A 3,454,321 9,650 Thales SA 403,417 798,559 Total SA 187,309,799 1,464,593 Veolia Environnement 52,072,608 5,956 Vinci SA 860,668 3,180,246 Vivendi Universal SA 97,656,402 589,042 Vivendi Universal SA 144A 18,087,822 - -------------------------------------------------------------------------------------------------------------------------------- 819,488,106 Germany (4.6%) - -------------------------------------------------------------------------------------------------------------------------------- 211,950 Allianz AG 26,983,782 1,683,302 BASF AG 119,544,194 499,046 Bayerische Motoren Werke (BMW) AG 22,691,375 103,000 Commerzbank AG 2,239,285 30,950 Deutsche Lufthansa AG 447,241 40,598 E.On AG 3,487,244 37,775 Hannover Rueckversicherungs AG 1,499,657 331,787 Linde AG 22,838,397 69,934 Metro AG 3,763,309 2,133 Porsche AG (Preference) 1,554,999 148,330 Premiere AG 144A (NON) 6,158,517 7,967 SAP AG 1,281,716 305,432 Schwarz Pharma AG 13,494,902 808,031 Siemens AG 63,915,709 24,700 ThyssenKrupp AG 510,995 - -------------------------------------------------------------------------------------------------------------------------------- 290,411,322 Greece (0.9%) - -------------------------------------------------------------------------------------------------------------------------------- 47,307 EFG Eurobank Ergasias SA 1,459,427 1,012,537 Hellenic Telecommunication Organization (OTE) SA 17,921,085 448,365 National Bank of Greece 144A 15,207,173 723,354 National Bank of Greece SA 24,533,961 - -------------------------------------------------------------------------------------------------------------------------------- 59,121,646 Hong Kong (1.2%) - -------------------------------------------------------------------------------------------------------------------------------- 19,500 China Mobile, Ltd. 63,757 32,158,500 China Netcom Group Corp. Hong Kong, Ltd. (NON) 45,150,796 507,000 CNOOC, Ltd. 273,032 100,000 Esprit Holdings, Ltd. 682,771 178,000 Hong Kong Electric Holdings, Ltd. 791,963 148,000 Hutchinson Telecommunications International, Ltd. (NON) 141,375 110,000 Orient Overseas International, Ltd. 530,318 3,700,000 Swire Pacific, Ltd. 29,295,047 202,500 Wing Hang Bank, Ltd. 1,233,315 166,000 Yue Yuen Industrial (Hldgs.), Ltd. 472,516 - -------------------------------------------------------------------------------------------------------------------------------- 78,634,890 Hungary (0.2%) - -------------------------------------------------------------------------------------------------------------------------------- 11,125 MOL Magyar Olaj- es Gazipari Right 898,063 241,653 OTP Bank Rt. 8,285,872 - -------------------------------------------------------------------------------------------------------------------------------- 9,183,935 India (1.1%) - -------------------------------------------------------------------------------------------------------------------------------- 758,605 Housing Development Finance Corp., Ltd. 12,636,460 10,520 Infosys Technologies, Ltd. 543,256 10,661,378 National Thermal Power Corp., Ltd. 20,946,357 31,470 Punjab National Bank, Ltd. 144A 283,749 2,457,187 Reliance Industries, Ltd. 30,754,270 147,487 Satyam Computer Services., Ltd. 1,381,211 - -------------------------------------------------------------------------------------------------------------------------------- 66,545,303 Ireland (1.2%) - -------------------------------------------------------------------------------------------------------------------------------- 1,180,685 Allied Irish Banks PLC 24,778,948 494,874 Bank of Ireland 7,813,528 920,574 CRH PLC 24,188,901 567,664 Depfa Bank PLC 8,999,688 2,821,483 Eircom Group PLC 7,443,030 85,367 Iaws Group PLC 1,294,605 - -------------------------------------------------------------------------------------------------------------------------------- 74,518,700 Israel (--%) - -------------------------------------------------------------------------------------------------------------------------------- 202,541 Bank Hapoalim, Ltd. 682,733 20,300 Bank Hapoalim, Ltd. 144A 68,428 11,121 Teva Pharmaceutical Industries, Ltd. 346,526 - -------------------------------------------------------------------------------------------------------------------------------- 1,097,687 Italy (1.6%) - -------------------------------------------------------------------------------------------------------------------------------- 1,040,732 Banca Intesa SPA 4,794,369 220,062 ENI SpA 5,742,289 5,956,379 IntesaBCI SpA 30,342,033 3,895,497 Mediaset SpA 56,190,402 153,100 Sanpaolo IMI SpA 2,403,358 104,338 Telecom Italia RNC 327,104 917,686 Telecom Italia SpA 3,488,159 - -------------------------------------------------------------------------------------------------------------------------------- 103,287,714 Japan (21.5%) - -------------------------------------------------------------------------------------------------------------------------------- 766,540 Acom Co., Ltd. 51,967,599 1,611,300 Aeon Co., Ltd. 27,286,930 118,400 Aeon Co., Ltd. 144A 2,005,072 2,101,100 Astellas Pharmaceutical Co., Ltd. 71,320,301 101,000 Bridgestone Corp. 1,861,520 146,000 Brother Industries, Ltd. 1,406,209 2,681,100 Canon, Inc. 144,158,640 967,100 Credit Saison Co., Ltd. 34,907,481 3,364,000 Dai Nippon Printing Co., Ltd. 55,018,104 147,900 Daito Trust Construction Co., Ltd. 6,223,583 158,000 Dowa Mining Co., Ltd. 1,068,206 13,107 East Japan Railway Co. 70,596,895 3,318 Fuji Television Network, Inc. 7,849,766 33,500 FUNAI Electric Co., Ltd. 4,141,294 9,900 Hirose Electric Co., Ltd. 1,013,699 29,500 Honda Motor Co., Ltd. 1,481,345 228,900 Hoya Corp. 25,257,341 9 Japan Retail Fund Investment Corp. 144A (R) 71,704 6,648 Japan Tobacco, Inc. 73,977,183 73,400 JFE Holdings, Inc. 2,052,235 2,024,000 JGC Corp. 22,144,006 276,000 Joyo Bank, Ltd. (The) 1,489,172 35,715 Jupiter Telecommunications Co. (NON) 28,554,633 634 Jupiter Telecommunications Co. 144A (NON) 506,892 37,800 Kansai Electric Power, Inc. 759,959 27,000 KAO Corp. 622,358 66,000 Komatsu, Ltd. 497,438 17,930 Kose Corp. 687,423 3,294,000 Kubota Corp. 17,618,926 720,100 Lawson, Inc. 26,530,709 343,000 Matsushita Electric Industrial Co. 5,067,702 269,300 Mitsubishi Corp. 3,497,828 7,475 Mitsubishi Tokyo Finance Group, Inc. 65,006,078 2,625,000 Mitsui & Co., Ltd. 24,276,463 62,000 Mitsui Chemicals, Inc. 347,279 139,000 Mitsui Sumitomo Insurance Co., Ltd. 1,277,698 8,769 Mizuho Financial Group, Inc. 41,573,621 17,500 Nidec Corp. 2,184,636 42,000 Nippon Express Co., Ltd. 221,507 4,419 Nippon Telegraph & Telephone (NTT) Corp. 19,380,129 387,000 Nissan Motor Co., Ltd. 3,977,118 220,400 Nomura Research Institute, Ltd. 20,609,688 2,863,800 Nomura Securities Co., Ltd. 40,169,254 46,900 Noritz Corp. 806,080 1,954 NTT DoCoMo, Inc. 3,288,947 97,000 Obayashi Corp. 599,561 1,581,400 Omron Corp. 34,603,292 1,669,000 Onward Kashiyama Co., Ltd. 24,705,695 142,500 Orix Corp. 18,215,588 9,108 Rohm Co., Ltd. 881,502 147,900 Sankyo Co., Ltd. 3,125,622 27,100 Santen Pharmaceutical Co., Ltd. 582,850 89,000 Sharp Corp. 1,349,897 48,800 Shin-Etsu Chemical Co. 1,852,702 217,685 SMC Corp. 24,691,594 12,600 Sony Corp. 503,105 149,000 Sumitomo Electric Industries, Ltd. 1,589,761 47,000 Taisho Pharmaceutical Co., Ltd. 1,002,057 655,200 Takeda Chemical Industries, Ltd. 31,307,948 372,000 Takefuji Corp. 25,115,392 62,400 Tokyo Electric Power Co. 1,517,112 15,244,000 Tokyo Gas Co., Ltd. 61,580,400 2,259,000 TonenGeneral Sekiyu KK 23,215,270 489,000 Toshiba Corp. 2,048,551 125,000 Toto, Ltd. 1,075,369 44,000 Toyo Suisan Kaisha, Ltd. 689,172 4,982,100 Toyota Motor Corp. 185,885,347 51,100 Uni-Charm Corp. 2,298,401 24,900 Yamada Denki Co., Ltd. 1,308,566 - -------------------------------------------------------------------------------------------------------------------------------- 1,364,505,405 Luxembourg (--%) - -------------------------------------------------------------------------------------------------------------------------------- 42,224 Arcelor 967,360 Malaysia (--%) - -------------------------------------------------------------------------------------------------------------------------------- 790,600 Airasia BHD (NON) 326,643 Mexico (0.7%) - -------------------------------------------------------------------------------------------------------------------------------- 8,800 America Movil SA de CV ADR Class L 454,080 12,100 Cemex SA de CV ADR 438,625 8,700 Grupo Televisa SA de CV ADR 511,560 1,158,533 Telefonos de Mexico SA de CV (Telmex) ADR Ser. L 40,004,144 - -------------------------------------------------------------------------------------------------------------------------------- 41,408,409 Netherlands (5.7%) - -------------------------------------------------------------------------------------------------------------------------------- 102,856 ASML Holding NV (NON) 1,741,608 1,407,129 European Aeronautic Defense and Space Co. 42,166,689 310,820 ING Groep NV 9,411,117 7,084,911 Koninklijke (Royal) KPN NV 63,527,209 1,245,685 Koninklijke (Royal) KPN NV 144A 11,169,497 237,419 Koninklijke (Royal) Philips Electronics NV 6,556,177 6,041,328 Koninklijke Ahold NV (NON) 50,715,559 1,540,703 Royal Dutch Petroleum Co. 92,338,860 111,369 Royal Numico NV (NON) 4,567,490 195,912 SBM Offshore NV 12,474,795 2,250,099 TNT NV 64,181,880 - -------------------------------------------------------------------------------------------------------------------------------- 358,850,881 New Zealand (0.1%) - -------------------------------------------------------------------------------------------------------------------------------- 1,133,869 Telecom Corp. of New Zealand, Ltd. 4,897,137 Norway (0.9%) - -------------------------------------------------------------------------------------------------------------------------------- 569,983 Norsk Hydro ASA 47,226,931 337,407 Smedvig ASA Class A 6,361,026 44,000 Telenor ASA 397,332 - -------------------------------------------------------------------------------------------------------------------------------- 53,985,289 Portugal (--%) - -------------------------------------------------------------------------------------------------------------------------------- 567,605 Electricidade de Portugal SA 1,585,846 Russia (--%) - -------------------------------------------------------------------------------------------------------------------------------- 15,100 Lukoil 511,135 1,115 Sberbank RF 661,195 16,300 Unified Energy Systems ADR 475,960 - -------------------------------------------------------------------------------------------------------------------------------- 1,648,290 Singapore (2.0%) - -------------------------------------------------------------------------------------------------------------------------------- 7,283,648 DBS Group Holdings, Ltd. 65,817,427 1,481,800 Flextronics International, Ltd. (NON) 17,840,872 78,969 Flextronics International, Ltd. (NON) 974,892 157,000 SembCorp Industries, Ltd. 184,717 5,761,000 Singapore Airlines, Ltd. 41,576,748 349,000 Singapore Telecommunications, Ltd. 546,073 197,000 United Overseas Bank, Ltd. 1,720,420 - -------------------------------------------------------------------------------------------------------------------------------- 128,661,149 South Africa (--%) - -------------------------------------------------------------------------------------------------------------------------------- 194,700 African Bank Investments LTD 523,042 91,200 Foschini, Ltd. 521,541 79,936 Reunert, Ltd. 456,483 91,634 Standard Bank Investment Corp., Ltd. 926,879 - -------------------------------------------------------------------------------------------------------------------------------- 2,427,945 South Korea (2.1%) - -------------------------------------------------------------------------------------------------------------------------------- 2,110 Cheil Communications, Inc. 357,416 24,600 Hanwha Chemical Corp. 324,641 13,670 Hyundai Department Store Co., Ltd. 584,953 16,560 Hyundai Motor Co. 896,986 1,286,744 Hyundai Motor Co. GDR 144A 34,960,834 15,680 Kookmin Bank 700,303 27,460 KT Freetel Co., Ltd. 577,379 11,540 LG Electronics, Inc. 773,955 2,960 Pohang Iron & Steel Co., Ltd. 585,937 186,816 Samsung Electronics Co., Ltd. 92,359,299 2,138 Samsung Electronics Co., Ltd. GDR 529,155 - -------------------------------------------------------------------------------------------------------------------------------- 132,650,858 Spain (2.1%) - -------------------------------------------------------------------------------------------------------------------------------- 1,047,543 Altadis SA 42,948,451 46,913 Cintra Concesiones de Infraestructuras de Transporte SA 505,997 9,170 Cintra Concesiones de Infraestructuras de Transporte SA 144A 98,906 32,461 Gas Natural SDG SA 935,620 292,730 Gestevision Telecinco SA 6,824,423 1,140 Gestevision Telecinco SA 144A 26,577 2,850,713 Iberdrola SA 74,756,841 81,739 Indra Sistemas SA Class A 1,470,082 246,350 Telefonica SA 4,302,572 - -------------------------------------------------------------------------------------------------------------------------------- 131,869,469 Sweden (3.3%) - -------------------------------------------------------------------------------------------------------------------------------- 2,291,240 Assa Abloy AB Class B 32,540,476 1,435,002 Hennes & Mauritz AB Class B 49,523,588 6,686,951 Nordea AB 67,902,772 16,495 Sandvik AB 688,736 66,988 Securitas AB Class B 1,075,050 797,817 SKF AB Class B 37,447,952 34,771 Svenska Cellulosa AB (SCA) Class B 1,316,036 6,550 Tele2 AB Class B 217,211 6,214,594 Telefonaktiebolaget LM Ericsson AB Class B 17,563,827 14,700 Volvo AB Class B 652,410 29,000 Vostok Nafta Investment, Ltd. (NON) 535,420 - -------------------------------------------------------------------------------------------------------------------------------- 209,463,478 Switzerland (11.2%) - -------------------------------------------------------------------------------------------------------------------------------- 35,348 ABB, Ltd. (NON) 220,406 17,499 Adecco SA 964,824 634,921 Ciba Specialty Chemicals AG 41,241,092 2,065,513 Credit Suisse Group 89,009,812 91,404 Nestle SA 25,102,349 4,263 Nobel Biocare Holding AG 900,646 2,609,407 Novartis AG 122,192,775 1,291,862 Roche Holding AG 138,986,831 1,643 Straumann Holding AG 357,114 399,086 Swatch Group AG (The) 11,152,705 327,665 Swatch Group AG (The) Class B 45,206,551 1,401,202 Swiss Re 100,715,803 8,674 Synthes, Inc. 968,145 734,966 UBS AG 62,295,708 405,291 Zurich Financial Services AG 71,391,894 - -------------------------------------------------------------------------------------------------------------------------------- 710,706,655 Taiwan (1.2%) - -------------------------------------------------------------------------------------------------------------------------------- 1,909,462 Acer, Inc. 3,004,112 560,000 Cathay Financial Holding Co., Ltd. 1,064,361 22,625,000 Chinatrust Financial Holding Co. 25,563,956 268,000 Formosa Plastics Corp. 481,264 938,525 Fubon Financial Holding Co., Ltd. 144A GDR 8,944,143 190,000 Hon Hai Precision Industry Co., Ltd. 845,438 198,000 Novatek Microelectronics Corp., Ltd. 899,914 21,882,940 Taiwan Semiconductor Manufacturing Co., Ltd. 35,818,943 617,000 Yuanta Core Pacific Securities Co. 452,018 - -------------------------------------------------------------------------------------------------------------------------------- 77,074,149 Turkey (--%) - -------------------------------------------------------------------------------------------------------------------------------- 75,839 Akbank TAS 368,506 123,223 Denizbank AS 349,193 145,946 Dogan Yayin Holding (NON) 400,594 - -------------------------------------------------------------------------------------------------------------------------------- 1,118,293 United Kingdom (16.8%) - -------------------------------------------------------------------------------------------------------------------------------- 1,133,599 AstraZeneca PLC 44,678,406 166,011 BAE Systems PLC 813,951 14,849,163 Barclays PLC 151,783,006 1,933,057 BHP Billiton PLC 25,967,980 100,532 British Airways PLC (NON) 501,455 174,229 British Sky Broadcasting PLC 1,910,938 366,029 Burberry Group PLC 2,832,000 31,914 Carnival PLC 1,752,269 129,750 Compass Group PLC 592,036 5,831,471 Diageo PLC 82,194,141 1,282,897 GlaxoSmithKline PLC 29,401,975 62,805 GUS PLC 1,081,027 352,220 Hilton Group PLC 2,003,108 506,533 HSBC Holdings PLC 8,010,454 1,288,495 International Power PLC (NON) 4,363,810 11,850,223 ITV PLC 28,547,009 906,306 John Wood Group PLC 2,594,247 239,345 Kingston Communications PLC 322,206 1,109,540 Lloyds TSB Group PLC 10,020,624 28,390 Next PLC 853,950 163,725 Peninsular and Oriental Steam Navigation Co. 895,545 2,592,194 Reckitt Benckiser PLC 82,379,169 1,991,349 Rio Tinto PLC 64,375,603 3,833,663 Royal Bank of Scotland Group PLC 121,977,558 1,293,868 Royal Bank of Scotland Group PLC 144A 41,167,641 103,140 SABMiller PLC 1,614,521 235,812 Sage Group (The) PLC 896,656 139,176 Scottish and Southern Energy PLC 2,317,985 218,558 Scottish Power PLC 1,688,939 39,399 Severn Trent PLC 681,130 5,453,568 Shell Transport & Trading Co. PLC 48,943,864 22,559 Smiths Group PLC 362,935 6,954,957 Tesco PLC 41,590,302 95,899,389 Vodafone Group PLC 254,575,189 135,328 WPP Group PLC 1,540,525 - -------------------------------------------------------------------------------------------------------------------------------- 1,065,232,154 United States (0.1%) - -------------------------------------------------------------------------------------------------------------------------------- 416,894 News Corp., Ltd. (The) Class B (S) 7,341,503 - -------------------------------------------------------------------------------------------------------------------------------- Total Common stocks (cost $5,540,624,812) $6,260,001,423 - -------------------------------------------------------------------------------------------------------------------------------- Units (--%) (a) - -------------------------------------------------------------------------------------------------------------------------------- Number of units Value - -------------------------------------------------------------------------------------------------------------------------------- 7,250 All America Latina Logistica SA 144A GDR (NON) $201,695 - -------------------------------------------------------------------------------------------------------------------------------- Total Units (cost $191,835) $201,695 - -------------------------------------------------------------------------------------------------------------------------------- Short-term investments (0.7%) (a) - -------------------------------------------------------------------------------------------------------------------------------- Principal amount Value - -------------------------------------------------------------------------------------------------------------------------------- $36,188,965 Short-term investments held as collateral for loaned securities with a yield of 2.63% and due date April 1, 2005 (d) $36,137,600 6,601,915 Putnam Prime Money Market Fund (e) 6,601,915 - -------------------------------------------------------------------------------------------------------------------------------- Total Short-term investments (cost $42,739,515) $42,739,515 - -------------------------------------------------------------------------------------------------------------------------------- Total Investments (cost $5,583,556,162)(b) $6,302,942,633 ================================================================================================================================
Putnam International Equity Fund Forward currency contracts to buy at March 31, 2005 (Unaudited) (aggregate face value $1,512,364,957) Unrealized Aggregate Delivery appreciation/ Value face value date (depreciation) - ------------------------------------------------------------------------------------------------------------------------------- Australian Dollar 381,214,189 381,573,952 4/20/05 $(359,763) British Pound 739,443,898 743,563,082 6/15/05 (4,119,184) Danish Krone 39,493,777 39,928,280 6/15/05 (434,503) Euro 223,539,548 226,411,991 6/15/05 (2,872,443) Japanese Yen 3,113,226 3,097,111 5/18/05 16,115 Norwegian Krone 35,408,980 36,513,470 6/15/05 (1,104,490) Swiss Franc 80,820,139 81,277,071 6/15/05 (456,932) - ------------------------------------------------------------------------------------------------------------------------------- $(9,331,200) ===============================================================================================================================
Putnam International Equity Fund Forward currency contracts to sell at March 31, 2005 (Unaudited) (aggregate face value $1,061,077,202) Unrealized Aggregate Delivery appreciation/ Value face value date (depreciation) - -------------------------------------------------------------------------------------------------------------------------------- British Pound 64,085,857 63,711,068 6/15/05 $(374,789) Canadian Dollar 113,320,259 113,416,297 4/20/05 $96,038 Euro 16,075,098 15,931,006 6/15/05 $(144,092) Japanese Yen 244,774,281 255,369,881 5/18/05 $10,595,600 Swedish Krona 193,234,331 197,506,363 6/15/05 $4,272,032 Swiss Franc 405,446,701 415,142,587 6/15/05 $9,695,886 - -------------------------------------------------------------------------------------------------------------------------------- $24,140,675 ================================================================================================================================
NOTES (a) Percentages indicated are based on net assets of $6,343,156,125. (b) The aggregate identified cost on a tax basis is $5,643,387,564, resulting in gross unrealized appreciation and depreciation of $760,524,860 and $100,969,791, respectively, or net unrealized appreciation of $659,555,069. (NON) Non-income-producing security. (S) Securities on loan, in part or in entirety, at March 31, 2005. (R) Real Estate Investment Trust. (d) The fund may lend securities, through its agents, to qualified borrowers in order to earn additional income. The loans are collateralized by cash and/or securities 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 agents; the fund will bear the risk of loss with respect to the investment of the cash collateral. Income from securities lending is included in investment income on the statement of operations. At March 31, 2005, the value of securities loaned amounted to $35,011,938. The fund received cash collateral of $36,137,600 which is pooled with collateral of other Putnam funds into 29 issue of high-grade, short-term investments. (e) Pursuant to an exemptive order from the Securities and Exchange Commission, the fund invests in Putnam Prime Money Market Fund, an open-end management investment company managed by Putnam Investment Management, LLC. ("Putnam Management"), the fund's manager, an indirect wholly-owned subsidiary of Putnam, LLC. Management fees paid by the fund are reduced by an amount equal to the management and administrative services fees paid by Putnam Prime Money Market Fund with respect to assets invested by the fund in Putnam Prime Money Market Fund. For the period ended March 31, 2005, management fees paid were reduced by $42,388 relating to the fund's investment in Putnam Prime Money Market Fund. Income distributions earned by the fund are recorded as income in the statement of operations and totaled $527,613 for the period ended March 31, 2005. During the period ended March 31, 2005, cost of purchases and cost of sales of investments in Putnam Prime Money Market Fund aggregated $1,231,327,566 and $1,258,934,431, respectively. 144A after the name of a security represents those exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. ADR or GDR after the name of a foreign holding stands for American Depositary Receipts or Global Depositary Receipt, respectively, representing ownership of foreign securities on deposit with a custodian bank. The fund had the following industry group concentration greater than 10% at March 31, 2005 (as a percentage of net assets): Banking 14.9% 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. If no sales are reported -- as in the case of some securities traded over-the-counter -- a security is valued at its last reported bid price. 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 securities taking into account multiple factors, including movements in the U.S. securities markets. 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. Forward currency contracts The fund may buy and sell forward currency contracts, which are agreements between two parties to buy and sell currencies at a set price on a future date. These contracts are used to protect against a decline in value relative to the U.S. dollar of the currencies in which its portfolio securities are denominated or quoted (or an increase in the value of a currency in which securities a fund intends to buy are denominated, when a fund holds cash reserves and short term investments). 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. When the contract is closed, 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. 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. Risks may exceed amounts recognized on the statement of assets and liabilities. Forward currency contracts outstanding at period end, if any, are listed after the fund's portfolio. 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: - ------------------ A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 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. NAME OF REGISTRANT By (Signature and Title): /s/ Michael T. Healy -------------------------- Michael T. Healy Principal Accounting Officer Date: May 27, 2005 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/ Charles E. Porter --------------------------- Charles E. Porter Principal Executive Officer Date: May 27, 2005 By (Signature and Title): /s/ Steven D. Krichmar --------------------------- Steven D. Krichmar Principal Financial Officer Date: May 27, 2005 EX-99.CERT 2 exnn2.txt EX-99.CERT Certifications - -------------- I, Charles E. Porter, 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/ Charles E. Porter Date: Date: May 26, 2005 - ---------------------- ------------------------ Charles E. Porter, 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: May 26, 2005 - ---------------------- ------------------------ Steven D. Krichmar, Principal Financial Officer Attachment A - -------------- Period(s) ended March 31, 2005 Quarterly Portfolios 057 Putnam Europe Equity Fund 2CE Putnam International Growth and Income Fund 2HF Putnam Small Cap Growth Fund 377 Putnam Discovery Growth Fund 841 Putnam International Equity Fund 852 Putnam New Opportunities Fund Putnam Variable Trust includes: 2PX Putnam VT American Government Income Fund 2TP Putnam VT Capital Appreciation Fund 961 Putnam VT Diversified Income Fund 2IS Putnam VT The George Putnam Fund of Boston 070 Putnam VT Global Asset Allocation Fund 016 Putnam VT Global Equity Fund 066 Putnam VT Growth and Income Fund 2PU Putnam VT Growth Opportunities Fund 2IW Putnam VT Health Sciences Fund 067 Putnam VT High Yield Fund 068 Putnam VT Income Fund 2DO Putnam VT International Equity Fund 2DN Putnam VT International Growth and Income Fund 2DP Putnam VT International New Opportunities Fund 2IO Putnam VT Investors Fund 069 Putnam VT Money Market Fund 098 Putnam VT New Opportunities Fund 2DR Putnam VT New Value Fund 2IP Putnam VT OTC & Emerging Growth Fund 2LA Putnam VT Research Fund 2MJ Putnam VT Small Cap Value Fund 152 Putnam VT Utilities Growth and Income Fund 2DQ Putnam VT Vista Fund 065 Putnam VT Voyager Fund 2TJ Putnam VT Discovery Growth 23N Putnam VT Equity Income Fund 23K Putnam VT Capital Opportunities Fund 23H Putnam VT Mid Cap Value Fund -----END PRIVACY-ENHANCED MESSAGE-----