Form 497 PUTNAM FUNDS TRUST
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E-mail| Prospectus Supplement | May 27, 2022 |
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PUTNAM INTERMEDIATE-TERM MUNICIPAL INCOME FUND Prospectus dated March 30, 2022 |
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Effective July 1, 2022, the following replaces the introductory paragraph and the subsequent Shareholder fees table under the heading Fees and expenses in the Fund summary section:
The following tables describe the fees and
expenses you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees
to financial intermediaries, which are not reflected in the tables and examples below.
| Share class | Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) |
| Class A | ||
| Class B | ||
| Class C | ||
| Class R6 | ||
| Class Y |
| * |
| ** |
| *** |
Effective July 1, 2022, in the section How do I buy fund shares? – Which class of shares is best for me?, the sub-section How much you intend to invest is deleted in its entirety and replaced with the following:
• How much you intend to invest. While investments of less than $50,000 can be made in any share class, class A offers sales charge discounts starting at $50,000.
Effective July 1, 2022, in the section How do I buy fund shares? – Which class of shares is best for me? – Here is a summary of the differences among the classes of shares – Class A shares, the second bullet point is deleted in its entirety and replaced with the following:
• Lower sales charges available for investments of $50,000 or more
330085 – 5/22
Effective July 1, 2022, the sub-section Initial sales charges for class A shares in the section How do I buy fund shares? is deleted in its entirety and replaced with the following:
Initial sales charges for class A shares
| Class A sales charges as a percentage of*: | ||
| Amount of purchase at offering price ($) | Net amount invested | Offering price** |
| Under 50,000 | 4.17% | 4.00% |
| 50,000 but under 100,000 | 3.36 | 3.25 |
| 100,000 but under 250,000 | 2.56 | 2.50 |
| 250,000 and above | NONE | NONE |
* Because of rounding in the calculation of offering price and the number of shares purchased, actual sales charges you pay may be more or less than these percentages.
** Offering price includes sales charges.
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