Prospectus Supplement | May 22, 2013 | ||
| |||
Putnam Absolute Return | Putnam Dynamic Risk | ||
100 Fund | Allocation Fund | ||
Prospectus dated February 28, 2013 | Prospectus dated September 30, 2012 | ||
Putnam Absolute Return | Putnam Equity Income Fund | ||
300 Fund | Prospectus dated March 30, 2013 | ||
Prospectus dated February 28, 2013 | |||
Putnam Global Equity Fund | |||
Putnam Absolute Return | Prospectus dated February 28, 2013 | ||
500 Fund | |||
Prospectus dated February 28, 2013 | Putnam Global Income Fund | ||
Prospectus dated February 28, 2013 | |||
Putnam Absolute Return | |||
700 Fund | The Putnam Fund for | ||
Prospectus dated February 28, 2013 | Growth and Income | ||
Prospectus dated February 28, 2013 | |||
Putnam American Government | |||
Income Fund | Putnam Growth | ||
Prospectus dated January 30, 2013 | Opportunities Fund | ||
Prospectus dated November 30, 2012 | |||
Putnam Capital | |||
Opportunities Fund | Putnam Income Fund | ||
Prospectus dated August 30, 2012 | Prospectus dated February 28, 2013 | ||
Putnam Dynamic Asset | Putnam International | ||
Allocation Balanced Fund | Equity Fund | ||
Prospectus dated January 30, 2013 | Prospectus dated October 30, 2012 | ||
Putnam Dynamic Asset | Putnam Investors Fund | ||
Allocation Conservative Fund | Prospectus dated November 30, 2012 | ||
Prospectus dated January 30, 2013 | |||
Putnam Short Duration | |||
Putnam Dynamic Asset | Income Fund | ||
Allocation Growth Fund | Prospectus dated November 30, 2012 | ||
Prospectus dated January 30, 2013 | |||
Putnam Voyager Fund | |||
Prospectus dated November 30, 2012 |
The second sentence in the sub-section Which class of shares is best for me? in the section How do I buy fund shares? is deleted in its entirety and replaced with the following: “Employer-sponsored retirement plans may also choose class R, R5 or R6 shares, and certain investors described below may also choose class Y shares.”
281982 5/13 |
The following information in the sub-section Here is a summary of the differences among the classes of shares in the section How do I buy fund shares? is amended as follows:
For all Funds except Putnam Short Duration Income Fund:
Class R shares (available only to employer-sponsored retirement plans)
• No initial sales charge; your entire investment goes to work immediately
• No deferred sales charge
• No conversion to class A shares, so future 12b–1 fees do not decline over time
• For all Funds except Putnam Absolute Return Funds, Putnam American Government Income Fund, Putnam Income Fund, and Putnam Global Income Trust: Lower annual expenses, and higher dividends, than class B, C, or M shares because of lower 12b–1 fees
• For Putnam Absolute Return Funds: Lower annual expenses, and higher dividends, than class C shares for Absolute Return 100 and 300 Funds and class B, C or M shares for Absolute Return 500 and 700 Funds because of lower 12b–1 fees
• For Putnam American Government Income Fund, Putnam Income Fund, and Putnam Global Income Trust: Lower annual expenses, and higher dividends, than class B or C shares because of lower 12b–1 fees
• For all Funds except Putnam Absolute Return Funds: Higher annual expenses, and lower dividends, than class A shares because of higher 12b–1 fees
• For Putnam Absolute Return Funds: Higher annual expenses, and lower dividends, than class A, B or M shares for Absolute Return 100 and 300 Funds, and class A shares for Absolute Return 500 and 700 Funds because of higher 12b–1 fees
Class R5 shares (available only to employer-sponsored retirement plans)
• No initial sales charge; your entire investment goes to work immediately
• No deferred sales charge
• For all Funds except Putnam Absolute Return Funds: Lower annual expenses, and higher dividends, than class A, B, C, M or R shares because of no 12b–1 fees and lower investor servicing fees
• For Putnam Absolute Return Funds: Lower annual expenses, and higher dividends, than class A, B, C, M or R shares because of no 12b–1 fees
• For all Funds except Putnam Absolute Return Funds and Putnam Dynamic Risk Allocation Fund: Lower annual expenses, and higher dividends, than class Y shares because of lower investor servicing fees
• For all Funds except Putnam Absolute Return Funds and Putnam Dynamic Risk Allocation Fund: Higher annual expenses, and lower dividends, than class R6 shares because of higher investor servicing fees
• For Putnam Absolute Return Funds: For the Absolute Return 500 and 700 Funds, higher annual expenses, and lower dividends, than class R6 shares because of higher investor servicing fees
• For Putnam Absolute Return Funds: For the Absolute Return 700 Fund, higher annual expenses, and lower dividends, than class Y shares because of higher investor servicing fees.
Class R6 shares (available only to employer-sponsored retirement plans)
• No initial sales charge; your entire investment goes to work immediately
• No deferred sales charge
• For all Funds except Putnam Absolute Return Funds: Lower annual expenses, and higher dividends, than class A, B, C, M or R shares because of no 12b–1 fees and lower investor servicing fees
• For all Funds except Putnam Absolute Return Funds and Putnam Dynamic Risk Allocation Fund: Lower annual expenses, and higher dividends, than class R5 or Y shares because of lower investor servicing fees
• For Putnam Absolute Return Funds: Lower annual expenses, and higher dividends, than class A, B, C, M or R shares because of no 12b–1 fees, and, for the Absolute Return 500 and 700 Funds, lower investor servicing fees
• For Putnam Absolute Return Funds: For the Absolute Return 500 and 700 Funds, lower annual expenses, and higher dividends, than class R5 or Y shares because of lower investor servicing fees.
For Putnam Short Duration Income Fund:
Class R, R5, and R6 only (available only to employer-sponsored retirement plans)
Class R shares have higher annual expenses, and lower dividends, than class A or M shares because of higher 12b–1 fees. Class R5 and R6 shares have lower annual expenses, and higher dividends, than class A, B, C, M or R shares because of no 12b–1 fees and certain contractual expense limitations (as described in Fund summary — Fees and expenses — Annual fund operating expenses).
This page intentionally left blank |