Putnam Announces Dividend Rates for Class a Open-End Funds

BOSTON--(BUSINESS WIRE)-- The Trustees of The Putnam Funds have declared the following distributions.

				RECORD			PAYMENT
FUND NAME AND DISTRIBUTIONS				DATE			DATE
Putnam Convertible Securities Fund – Class A Shares (PCONX)*
$0.8450 per share long-termcapital gain				12/28/2015			12/30/2015
Putnam Equity Income Fund –Class A Shares (PEYAX)*
$0.8450 per share long-termcapital gain				12/28/2015			12/30/2015
Putnam Retirement Income Fund Lifestyle 1– Class A Shares (PRMAX)
$0.0060 per share investment income				12/28/2015			12/30/2015
$0.5370 per share extra taxable income
$0.5430 per share total
Putnam Retirement Income Fund Lifestyle 2– Class A Shares (PRYAX)*
$0.1970 per share extra taxable income				12/28/2015			12/30/2015
$0.0140 per share short-term capital gain
$0.2690 per share long-termcapital gain
$0.4800 per share total
Putnam Retirement Income Fund Lifestyle 3– Class A Shares (PISFX)*
$0.1290 per share extra taxable income				12/28/2015			12/30/2015

* Please note the Class A regular monthly or quarterly distributions were previously declared on the 11/20/15 press release for these funds.

SECTION 19 DISCLOSURE

Putnam Convertible Securities Fund

As of December 17, 2015, the fund had net realized and unrealized losses of $0.600 per share, of which $0.447 represents unrealized depreciation of portfolio securities.

Putnam Retirement Income Fund Lifestyle 2

As of December 17, 2015, the fund had net realized and unrealized losses of $0.131 per share, of which $0.000 represents unrealized depreciation of portfolio securities.

If a fund’s dividend included an estimated distribution such as a return of capital or capital gain: For the purposes of this disclosure, a fund’s dividend sources are determined in accordance with accounting principles, which may vary from federal tax treatment. The sources of dividends are estimated at the time of declaration. Actual results may vary. Any non-taxable return of capital cannot be determined until after the end of the fund’s fiscal year. In January 2016, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151224005231/en/

PUTNAM SHAREHOLDERS CONTACT:
1-800-225-1581

Source: Putnam Funds

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• InternSync Launches High School-First Opportunity Platform for Students Locked Out of Traditional Networks
• Netradyne Celebrates Inaugural Driver Awards Program, Honoring Elite Professional Drivers Across Six Industry Verticals
• Willis Lease Finance Corporation CEO Austin C. Willis to Speak at Deutsche Bank's 16th Annual Aviation Forum