The Trustees of The Putnam Funds declared the following distributions.

       

RECORD

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

 

Putnam Low Volatility Equity Fund – Class A Shares (PLVEX)

$2.6250 per share long-term capital gain 5/16/18 5/18/18  

Putnam Low Volatility Equity Fund – Class B Shares (PLVFX)

$2.6250 per share long-term capital gain 5/16/18 5/18/18  

Putnam Low Volatility Equity Fund – Class C Shares (PLVGX)

$2.6250 per share long-term capital gain 5/16/18 5/18/18  

Putnam Low Volatility Equity Fund – Class M Shares (PLVHX)

$2.6250 per share long-term capital gain 5/16/18 5/18/18  

Putnam Low Volatility Equity – Class Y Shares (PLVKX)

$2.6250 per share long-term capital gain 5/16/18 5/18/18  

NOTE: This is the final distribution for Putnam Low Volatility Equity Fund prior to its liquidation on 5/18/18.

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PUTNAM SHAREHOLDERS CONTACT:1-800-225-1581