0000928816-18-000250.txt : 20180201 0000928816-18-000250.hdr.sgml : 20180201 20180201110146 ACCESSION NUMBER: 0000928816-18-000250 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180201 DATE AS OF CHANGE: 20180201 EFFECTIVENESS DATE: 20180201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM AMERICAN GOVERNMENT INCOME FUND CENTRAL INDEX KEY: 0000759827 IRS NUMBER: 042856297 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-95127 FILM NUMBER: 18565499 BUSINESS ADDRESS: STREET 1: PUTNAM INVESTMENTS INC STREET 2: ONE POST OFFICE SQUARE MAIL STOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921562 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM HIGH INCOME GOVERNMENT TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Putnam RetirementReady Funds CENTRAL INDEX KEY: 0001295293 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-117134 FILM NUMBER: 18565500 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617 760-4623 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 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: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-37214 FILM NUMBER: 18565503 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM INVESTORS FUND CENTRAL INDEX KEY: 0000081269 IRS NUMBER: 042713095 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-10783 FILM NUMBER: 18565501 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INVESTORS FUND INC /PRED/ DATE OF NAME CHANGE: 19821109 FORMER COMPANY: FORMER CONFORMED NAME: INCORPORATED INVESTORS DATE OF NAME CHANGE: 19670327 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEORGE PUTNAM BALANCED FUND CENTRAL INDEX KEY: 0000081259 IRS NUMBER: 046013677 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-10816 FILM NUMBER: 18565507 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 8002252581 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: GEORGE PUTNAM FUND OF BOSTON DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM EQUITY INCOME FUND/NEW DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GEORGE FUND OF BOSTON DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM DIVERSIFIED INCOME TRUST CENTRAL INDEX KEY: 0000836622 IRS NUMBER: 043017475 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-23623 FILM NUMBER: 18565510 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921562 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM INVESTMENT FUNDS CENTRAL INDEX KEY: 0000932101 IRS NUMBER: 043251560 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-56339 FILM NUMBER: 18565502 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE STREET 2: MAIL STOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921562 MAIL ADDRESS: STREET 1: PUTNAM EQUITY FUNDS STREET 2: ONE POST OFFICE SQUARE MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM EQUITY FUNDS DATE OF NAME CHANGE: 19941028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM ASSET ALLOCATION FUNDS CENTRAL INDEX KEY: 0000914209 IRS NUMBER: 046746612 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-51017 FILM NUMBER: 18565511 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM LIFE STAGES ASSET ALLOCATION TRUST DATE OF NAME CHANGE: 19931027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM GLOBAL EQUITY FUND CENTRAL INDEX KEY: 0000081251 IRS NUMBER: 046145734 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-25258 FILM NUMBER: 18565506 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GLOBAL GROWTH FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INTERNATIONAL EQUITIES FUND DATE OF NAME CHANGE: 19900722 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INTERNATIONAL EQUITIES FUND INC /PRED/ DATE OF NAME CHANGE: 19821109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM GLOBAL INCOME TRUST CENTRAL INDEX KEY: 0000794614 IRS NUMBER: 046549525 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-07232 FILM NUMBER: 18565505 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921562 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GOVERNMENT INCOME GLOBAL TRUST DATE OF NAME CHANGE: 19870225 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GLOBAL GOVERNMENT INCOME TRUST DATE OF NAME CHANGE: 19870115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM INCOME FUND CENTRAL INDEX KEY: 0000081264 STANDARD INDUSTRIAL CLASSIFICATION: OIL ROYALTY TRADERS [6792] IRS NUMBER: 046013712 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-11147 FILM NUMBER: 18565504 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921471 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM INCOME FUND INC/PRED/ DATE OF NAME CHANGE: 19821109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM EQUITY INCOME FUND/NEW/ CENTRAL INDEX KEY: 0000216934 IRS NUMBER: 046407893 STATE OF INCORPORATION: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-58869 FILM NUMBER: 18565509 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 8002551581 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM STRATEGIC INCOME TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM OPTION INCOME TRUST DATE OF NAME CHANGE: 19910307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM FUNDS TRUST CENTRAL INDEX KEY: 0001005942 IRS NUMBER: 043299786 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-00515 FILM NUMBER: 18565508 BUSINESS ADDRESS: STREET 1: ONE POST STREET 2: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921010 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 0000081251 S000005651 PUTNAM GLOBAL EQUITY FUND C000015432 Class A Shares PEQUX C000015433 Class B Shares PEQBX C000015434 Class C Shares PUGCX C000015435 Class M Shares PEQMX C000015436 Class R Shares PGLRX C000015437 Class Y Shares PEQYX C000117974 Class R6 C000185446 Class T Shares 0000081259 S000005597 GEORGE PUTNAM FUND OF BOSTON C000015264 Class A Shares PGEOX C000015265 Class B Shares PGEBX C000015266 Class C Shares PGPCX C000015267 Class M Shares PGEMX C000015268 Class R Shares PGPRX C000015269 Class Y Shares PGEYX C000136854 Class R5 C000136855 Class R6 C000184401 Class T Shares 0000081264 S000006155 PUTNAM INCOME FUND C000016962 Class A Shares PINCX C000016963 Class B Shares PNCBX C000016964 Class C Shares PUICX C000016965 Class M Shares PNCMX C000016966 Class R Shares PIFRX C000016967 Class Y Shares PNCYX C000118063 Class R5 C000118064 Class R6 C000185899 Class T Shares 0000081269 S000006190 PUTNAM INVESTORS FUND C000017038 Class A Shares PINVX C000017039 Class B Shares PNVBX C000017040 Class C Shares PCINX C000017041 Class M Shares PNVMX C000017042 Class R Shares PIVRX C000017043 Class Y Shares PNVYX C000118072 Class R6 C000184237 Class T Shares 0000216934 S000005581 PUTNAM EQUITY INCOME FUND C000015218 Class A Shares PEYAX C000015219 Class B Shares PEQNX C000015220 Class C Shares PEQCX C000015221 Class M Shares PEIMX C000015222 Class R Shares PEQRX C000015223 Class Y Shares PEIYX C000118171 Class R5 C000118172 Class R6 C000185048 Class T Shares 0000759827 S000005500 PUTNAM AMERICAN GOVERNMENT INCOME FUND C000014978 Class C Shares C000014979 Class Y Shares C000014980 Class A Shares PAGVX C000014981 Class B Shars PAMBX C000014982 Class M Shares PAMMX C000014983 Class R Shares PAMRX C000118085 Class R5 C000118086 Class R6 C000185050 Class T Shares 0000794614 S000005653 PUTNAM GLOBAL INCOME TRUST C000015446 Class C Shares C000015447 Class Y Shares C000015448 Class A Shares PGGIX C000015449 Class B Shares PGLBX C000015450 Class M Shares PGGMX C000015451 Class R Shares PGBRX C000118067 Class R5 C000118068 Class R6 C000185467 Class T Shares 0000836622 S000005529 PUTNAM DIVERSIFIED INCOME TRUST C000015036 Class A Shares PDINX C000015037 Class B Shares PSIBX C000015038 Class C Shares PDVCX C000015039 Class M Shares PDVMX C000015040 Class R Shares PDVRX C000015041 Class Y Shares PDVYX C000135951 Class R6 C000184892 Class T Shares 0000868648 S000006181 PUTNAM INTERNATIONAL EQUITY FUND /MA/ C000017024 Class A Shares POVSX C000017025 Class B Shares POVBX C000017026 Class C Shares PIGCX C000017027 Class M Shares POVMX C000017028 Class R Shares PIERX C000017029 Class Y Shares POVYX C000118015 Class R5 C000118016 Class R6 C000180122 Class T Shares 0000914209 S000000778 Putnam Dynamic Asset Allocation Balanced Fund C000002307 Class A shares PABAX C000002308 Class B shares PABBX C000002309 Class C shares AABCX C000002310 Class M shares PABMX C000002311 Class R shares PAARX C000002312 Class Y shares PABYX C000117945 Class R5 C000117946 Class R6 C000174661 Class P Shares C000184424 Class T Shares 0000914209 S000000779 Putnam Dynamic Asset Allocation Conservative Fund C000002313 Class A shares PACAX C000002314 Class B shares PACBX C000002315 Class C shares PACCX C000002316 Class M shares PACMX C000002317 Class R shares PACRX C000002318 Class Y shares PACYX C000117947 Class R5 C000117948 Class R6 C000174662 Class P Shares C000184425 Class T Shares 0000914209 S000000780 Putnam Dynamic Asset Allocation Growth Fund C000002319 Class A shares PAEAX C000002320 Class B shares PAEBX C000002321 Class C shares PAECX C000002322 Class M shares PAGMX C000002323 Class R shares PASRX C000002324 Class Y shares PAGYX C000117949 Class R5 C000117950 Class R6 C000174663 Class P Shares C000184426 Class T Shares 0000932101 S000003845 Putnam Capital Opportunities Fund C000010737 Class A Shares PCOAX C000010738 Class B Shares POPBX C000010739 Class C Shares PCOCX C000010740 Class M Shares POPMX C000010741 Class R Shares PCORX C000010742 Class Y Shares PYCOX C000118091 Class R5 C000118092 Class R6 C000185388 Class T Shares 0000932101 S000003848 Putnam Growth Opportunities Fund C000010751 Class A Shares POGAX C000010752 Class B Shares POGBX C000010753 Class C Shares POGCX C000010754 Class M Shares PGOMX C000010755 Class R Shares PGORX C000010756 Class Y Shares PGOYX C000118093 Class R5 C000118094 Class R6 C000185378 Class T Shares 0000932101 S000003853 Putnam Research Fund C000010781 Class A Shares PNRAX C000010782 Class B Shares PRFBX C000010783 Class C Shares PRACX C000010784 Class M Shares PRFMX C000010785 Class R Shares PRSRX C000010786 Class Y Shares PURYX C000158892 Class R6 Shares C000185381 Class T Shares 0000932101 S000003854 Putnam Small Cap Value Fund C000010787 Class A Shares PSLAX C000010788 Class B Shares PSLBX C000010789 Class C Shares PSLCX C000010790 Class M Shares PSLMX C000010791 Class Y Shares PYSVX C000049250 CLASS R C000135940 Class R5 C000135941 Class R6 C000185390 Class T Shares 0000932101 S000058311 Putnam PanAgora Managed Futures Strategy C000191126 Class A Shares C000191127 Class B Shares C000191128 Class C Shares C000191129 Class M Shares C000191130 Class R Shares C000191131 Class R6 Shares C000191132 Class T Shares C000191133 Class Y Shares 0000932101 S000058312 Putnam PanAgora Market Neutral Fund C000191134 Class B Shares C000191135 Class C Shares C000191136 Class M Shares C000191137 Class R Shares C000191138 Class R6 Shares C000191139 Class T Shares C000191140 Class Y Shares C000191141 Class A Shares 0000932101 S000058313 Putnam PanAgora Risk Parity Fund C000191142 Class A Shares C000191143 Class B Shares C000191144 Class C Shares C000191145 Class M Shares C000191146 Class R Shares C000191147 Class R6 Shares C000191148 Class T Shares C000191149 Class Y Shares 0001005942 S000000775 Putnam International Value Fund C000002290 Class Y shares C000002291 Class A shares PNGAX C000002292 Class B shares PGNBX C000002293 Class C shares PIGRX C000002294 Class M shares PIGMX C000002295 Class R shares PIIRX C000136806 Class R6 C000184734 Class T Shares 0001005942 S000000777 Putnam Small Cap Growth Fund C000002301 Class C shares C000002302 Class Y shares C000002303 Class A shares PNSAX C000002304 Class B shares PNSBX C000002305 Class M shares PSGMX C000002306 Class R shares PSGRX C000158897 Class R6 Shares C000184735 Class T Shares 0001005942 S000023452 PUTNAM ABSOLUTE RETURN 500 FUND C000068886 CLASS A C000068887 CLASS B C000068888 CLASS C C000068889 CLASS M C000068890 CLASS R C000068891 CLASS Y C000118002 Class R6 C000174700 Class P Shares C000185688 Class T Shares 0001005942 S000024274 Putnam Absolute Return 100 Fund C000071705 Class A C000071706 Class B C000071707 Class C C000071708 Class M C000071709 Class R C000071710 Class Y C000118004 Class R6 C000174701 Class P Shares C000185689 Class T Shares 0001005942 S000024275 Putnam Absolute Return 300 Fund C000071711 Class M C000071712 Class R C000071713 Class Y C000071714 Class A C000071715 Class B C000071716 Class C C000118006 Class R6 C000174702 Class P Shares C000185690 Class T Shares 0001005942 S000024276 Putnam Absolute Return 700 Fund C000071717 Class A C000071718 Class B C000071719 Class C C000071720 Class M C000071721 Class R C000071722 Class Y C000118008 Class R6 C000174703 Class P Shares C000185691 Class T Shares 0001005942 S000024277 Putnam Dynamic Risk Allocation Fund C000071723 Class A C000071724 Class B C000071725 Class C C000071726 Class M C000071727 Class R C000071728 Class Y C000118009 Class R6 C000185579 Class T Shares 0001005942 S000034192 Putnam Short Duration Income Fund C000105375 Class A C000105376 Class B C000105377 Class C C000105378 Class M C000105379 Class R C000105380 Class Y C000118012 Class R6 C000184736 Class T Shares 0001295293 S000003995 Putnam RetirementReady 2050 Fund C000011141 Class A Shares C000011142 Class B Shares C000011143 Class C Shares C000011144 Class M Shares C000011145 Class R Shares C000011146 Class Y Shares C000174674 Class R6 Shares C000184374 Class T Shares 0001295293 S000003996 Putnam Retirement Income Fund Lifestyle 1 C000011147 Class A Shares C000011148 Class B Shares C000011149 Class C Shares C000011150 Class M Shares C000011151 Class R Shares C000011152 Class Y Shares C000174675 Class R6 Shares C000184375 Class T Shares 0001295293 S000003997 Putnam RetirementReady 2045 Fund C000011153 Class A Shares C000011154 Class B Shares C000011155 Class C Shares C000011156 Class M Shares C000011157 Class R Shares C000011158 Class Y Shares C000174676 Class R6 Shares C000184376 Class T Shares 0001295293 S000003998 Putnam RetirementReady 2040 Fund C000011159 Class A Shares C000011160 Class B Shares C000011161 Class C Shares C000011162 Class M Shares C000011163 Class R Shares C000011164 Class Y Shares C000174677 Class R6 Shares C000184377 Class T Shares 0001295293 S000003999 Putnam RetirementReady 2035 Fund C000011165 Class A Shares C000011166 Class B Shares C000011167 Class C Shares C000011168 Class M Shares C000011169 Class R Shares C000011170 Class Y Shares C000174678 Class R6 Shares C000184378 Class T Shares 0001295293 S000004000 Putnam RetirementReady 2030 Fund C000011171 Class A Shares C000011172 Class B Shares C000011173 Class C Shares C000011174 Class M Shares C000011175 Class R Shares C000011176 Class Y Shares C000174679 Class R6 Shares C000184379 Class T Shares 0001295293 S000004001 Putnam RetirementReady 2025 Fund C000011177 Class A Shares C000011178 Class B Shares C000011179 Class C Shares C000011180 Class M Shares C000011181 Class R Shares C000011182 Class Y Shares C000174680 Class R6 Shares C000184380 Class T Shares 0001295293 S000004002 Putnam RetirementReady 2020 Fund C000011183 Class A Shares C000011184 Class B Shares C000011185 Class C Shares C000011186 Class M Shares C000011187 Class R Shares C000011188 Class Y Shares C000174681 Class R6 Shares C000184381 Class T Shares 0001295293 S000030470 RetirementReady 2055 C000093618 Class A C000093619 Class B C000093620 Class C C000093621 Class M C000093622 Class R C000093623 Class Y C000174682 Class R6 Shares C000184382 Class T Shares 0001295293 S000051718 Putnam RetirementReady 2060 Fund C000162753 Class A Shares C000162754 Class B Shares C000162755 Class C Shares C000162756 Class M Shares C000162757 Class R Shares C000162758 Class Y Shares C000174683 Class R6 Shares C000184383 Class T Shares 497 1 a_sup309980.htm PUTNAM MULTIFUND a_sup309980.htm
Prospectus Supplement   February 1, 2018 
 
Putnam American Government  Putnam Small Cap Growth Fund 
Income Fund  Prospectus dated 10/30/17 
Prospectus dated 1/30/18   
  George Putnam Balanced Fund 
Putnam Diversified Income Trust  Prospectus dated 11/30/17 
Prospectus dated 1/30/18   
  Putnam Global Equity Fund 
Putnam Dynamic Asset Allocation  Prospectus dated 2/28/17 
Balanced Fund   
Prospectus dated 1/30/18  Putnam Global Income Trust 
  Prospectus dated 2/28/17 
Putnam Dynamic Asset Allocation   
Conservative Fund  Putnam Income Fund 
Prospectus dated 1/30/18  Prospectus dated 2/28/17 
   
Putnam Dynamic Asset Allocation  Putnam International Equity Fund 
Growth Fund  Prospectus dated 10/30/17 
Prospectus dated 1/30/18   
  Putnam Capital Opportunities Fund 
Putnam Equity Income Fund  Prospectus dated 8/30/17 
Prospectus dated 3/30/17   
  Putnam Growth Opportunities Fund 
Putnam Absolute Return 100 Fund  Prospectus dated 11/30/17 
Prospectus dated 2/28/17   
  Putnam PanAgora Managed 
Putnam Absolute Return 300 Fund  Futures Strategy 
Prospectus dated 2/28/17  Prospectus dated 8/16/17 
   
Putnam Absolute Return 500 Fund  Putnam PanAgora Market Neutral Fund 
Prospectus dated 2/28/17  Prospectus dated 8/16/17 
   
Putnam Absolute Return 700 Fund  Putnam PanAgora Risk Parity Fund 
Prospectus dated 2/28/17  Prospectus dated 8/16/17 
   
Putnam Dynamic Risk Allocation Fund  Putnam Research Fund 
Prospectus dated 9/30/17  Prospectus dated 11/30/17 
   
Putnam International Value Fund  Putnam Small Cap Value Fund 
Prospectus dated 10/30/17  Prospectus dated 6/30/17 
   
Putnam Short Duration Income Fund  Putnam Investors Fund 
Prospectus dated 11/30/17  Prospectus dated 11/30/17 
   
  Putnam RetirementReady® Funds 
  Prospectus dated 11/30/17 

 

Effective March 1, 2018, the following information replaces similar disclosure for Putnam American Government Income Fund, Putnam Dynamic Asset Allocation Balanced Fund, Putnam Dynamic Asset Allocation Conservative Fund, Putnam Dynamic Asset Allocation Growth Fund, Putnam Equity Income Fund, George Putnam Balanced Fund, Putnam Global Income Trust, Putnam Income Fund, Putnam International Equity Fund, Putnam Capital Opportunities Fund, Putnam Growth Opportunities Fund and Putnam Small Cap Value Fund in the section How do I buy fund shares? – Which class of shares is best for me?

Employer-sponsored retirement plans may also choose class R, R5 or R6 shares, and certain investors described below may also choose class Y or R6 shares.

Effective March 1, 2018, the following information replaces similar disclosure for Putnam Diversified Income Trust, Putnam Absolute Return 100 Fund, Putnam Absolute Return 300 Fund, Putnam Absolute Return 500 Fund, Putnam Absolute Return 700 Fund, Putnam Dynamic Risk Allocation Fund, Putnam International Value Fund, Putnam Short Duration Income Fund,


309980 2/18 

 


Putnam Small Cap Growth Fund, Putnam Global Equity Fund, Putnam PanAgora Managed Futures Strategy, Putnam PanAgora Market Neutral Fund, Putnam PanAgora Risk Parity Fund, Putnam Research Fund, Putnam Investors Fund and the Putnam RetirementReady® Funds in the section  How do I buy fund shares? – Which class of shares is best for me?

Employer-sponsored retirement plans may also choose class R or R6 shares, and certain investors described below may also choose class Y or R6 shares.

In addition, in the section  How do I buy fund shares? – Here is a summary of the differences among the classes of shares, the heading “Class R6 shares (available only to employer-sponsored retirement plans)” is replaced with “Class R6 shares (available only to investors listed below)” and the following information is added to the section:

• The following investors may purchase class R6 shares:

» employer-sponsored retirement plans that are clients of third-party administrators (including affiliates of Putnam) that have entered into agreements with Putnam;

» investors purchasing shares through an asset-based fee program that is sponsored by a registered broker-dealer or other financial institution;

» investors purchasing shares through a commission-based platform of a registered broker-dealer or other financial institution that charges you additional fees or commissions, other than those described in the prospectus and statement of additional information, and that has entered into an agreement with Putnam Retail Management to offer class R6 shares through such a program;

» corporations, endowments, foundations and other institutional investors that have been approved by Putnam; and

» unaffiliated investment companies (whether registered or private) that have been approved by Putnam.

 

 

For each fund except Putnam Short Duration Income Fund, purchases of class A shares by investors on or after March 1, 2018 that are not subject to an initial sales charge because the amount of purchase at the offering price was in the highest initial sales charge breakpoint level for the fund will be subject to a 1.00% deferred sales charge (“CDSC”) if redeemed within twelve months of purchase. Purchases of class A shares by investors prior to March 1, 2018 that are not subject to an initial sales charge because the amount of purchase at the offering price was in the highest initial sales charge breakpoint level for the fund will be subject to a 1.00% CDSC if redeemed within nine months of purchase.

Class A shares of Putnam Short Duration Income Fund obtained by exchanging shares from another Putnam fund that were originally purchased on or after March 1, 2018 without an initial sales charge may be subject to a 1.00% CDSC if redeemed within twelve months of the original purchase. Class A shares of Putnam Short Duration Income Fund obtained by exchanging shares from another Putnam fund that were originally purchased prior to March 1, 2018 without an initial sales charge may be subject to a 1.00% CDSC if redeemed within nine months of the original purchase.

 

 

Effective April 1, 2018, class C shares of each applicable fund will automatically convert to class A shares after ten years, provided that the fund or the financial intermediary through which a shareholder purchased class C shares has records verifying that the class C shares have been held for at least ten years, and that class A shares are available for purchase by residents in the shareholder’s jurisdiction. Group retirement plan recordkeeping platforms of certain broker-dealer intermediaries who hold class C shares with the fund in an omnibus account do not track participant level share lot aging. These class C shares would not satisfy the conditions for the conversion.

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