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Putnam Announces Multi-Class Distribution Rates for Open End Funds

The Trustees of The Putnam Funds declared the following distributions.

RECORD

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

Putnam Fixed Income Absolute Return Fund –
Class B Shares (PTRBX)

Putnam Fixed Income Absolute Return Fund –
Class M Shares (PZARX)

Putnam Fixed Income Absolute Return Fund –
Class R Shares (PTRKX)

Putnam Fixed Income Absolute Return Fund –
Class Y Shares (PYTRX)

Putnam Fixed Income Absolute Return Fund –
Class R6 Shares (PTREX)

Putnam Fixed Income Absolute Return Fund –
Class P Shares (pending)

Putnam Dynamic Asset Allocation Balanced
Fund – Class B Shares (PABBX)

Putnam Dynamic Asset Allocation Balanced
Fund – Class C Shares (AABCX)

Putnam Dynamic Asset Allocation Balanced
Fund – Class M Shares (PABMX)

Putnam Dynamic Asset Allocation Balanced
Fund – Class R Shares (PAARX)

Putnam Dynamic Asset Allocation Balanced
Fund – Class Y Shares (PABYX)

Putnam Dynamic Asset Allocation Balanced
Fund – Class R5 Shares (PAADX)

Putnam Dynamic Asset Allocation Balanced
Fund – Class R6 Shares (PAAEX)

Putnam Dynamic Asset Allocation Balanced
Fund – Class P Shares (pending)

Putnam Dynamic Asset Allocation Conservative
Fund – Class B Shares (PACBX)

Putnam Dynamic Asset Allocation Conservative
Fund – Class C Shares (PACCX)

Putnam Dynamic Asset Allocation Conservative
Fund – Class M Shares (PACMX)

Putnam Dynamic Asset Allocation Conservative
Fund – Class R Shares (PACRX)

Putnam Dynamic Asset Allocation Conservative
Fund – Class Y Shares (PACYX)

Putnam Dynamic Asset Allocation Conservative
Fund – Class R5 Shares (PACDX)

Putnam Dynamic Asset Allocation Conservative
Fund – Class R6 Shares (PCCEX)

Putnam Dynamic Asset Allocation Conservative
Fund – Class P Shares (pending)

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