Welcome!

News Feed Item

Putnam Announces Dividend Rates for Open-End Funds

BOSTON, MA -- (Marketwire) -- 12/27/12 -- The Trustees of The Putnam Funds declare the following distributions today.


                                                       RECORD     PAYMENT
                                                       ---------- ----------
FUND NAME AND DISTRIBUTIONS                            DATE       DATE
------------------------------------------------------ ---------- ----------

Putnam Global Sector Fund - Class B Shares (PPGBX)
$0.0320 per share investment income                    12/27/2012 12/28/2012
$0.4840 per share long term capital gain
$0.5160 per share total

Putnam Global Sector Fund - Class C Shares (PPGCX)
$0.0220 per share investment income                    12/27/2012 12/28/2012
$0.4840 per share long term capital gain
$0.5060 per share total

Putnam Global Sector Fund - Class M Shares (PPGMX)
$0.0530 per share investment income                    12/27/2012 12/28/2012
$0.4840 per share long term capital gain
$0.5370 per share total

Putnam Global Sector Fund - Class R Shares (PPGSX)
$0.0850 per share investment income                    12/27/2012 12/28/2012
$0.4840 per share long term capital gain
$0.5690 per share total

Putnam Global Sector Fund - Class Y Shares (PPGYX)
$0.1350 per share investment income                    12/27/2012 12/28/2012
$0.4840 per share long term capital gain
$0.6190 per share total

Putnam Retirement Ready 2015 Fund - Class B Shares (a)
$0.1950 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2015 Fund - Class C Shares (a)
$0.1780 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2015 Fund - Class M Shares (a)
$0.2460 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2015 Fund - Class R Shares (a)
$0.2890 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2015 Fund - Class Y Shares
 (PRRLX)
$0.3710 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2020 Fund - Class B Shares (a)
$0.2320 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2020 Fund - Class C Shares (a)
$0.2260 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2020 Fund - Class M Shares (a)
$0.2450 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2020 Fund - Class R Shares (a)
$0.2950 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2020 Fund - Class Y Shares
 (PRRNX)
$0.3770 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2025 Fund - Class B Shares (a)
$0.1470 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2025 Fund - Class C Shares (a)
$0.1420 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2025 Fund - Class M Shares (a)
$0.2180 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2025 Fund - Class R Shares (a)
$0.2270 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2025 Fund - Class Y Shares
 (PRRPX)
$0.3100 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2030 Fund - Class B Shares (a)
$0.0500 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2030 Fund - Class C Shares (a)
$0.0600 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2030 Fund - Class M Shares (a)
$0.0890 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2030 Fund - Class R Shares (a)
$0.1340 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2030 Fund - Class Y Shares
 (PRRTX)
$0.2090 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2035 Fund - Class B Shares (a)
$0.1010 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2035 Fund - Class C Shares (a)
$0.1200 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2035 Fund - Class M Shares (a) 12/27/2012 12/28/2012
$0.1420 per share investment income

Putnam Retirement Ready 2035 Fund - Class R Shares (a)
$0.1760 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2035 Fund - Class Y Shares
 (PRRYX)
$0.2470 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2040 Fund - Class B Shares (a)
$0.2150 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2040 Fund - Class C Shares (a)
$0.2180 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2040 Fund - Class M Shares (a)
$0.2700 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2040 Fund - Class R Shares (a)
$0.2710 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2040 Fund - Class Y Shares
 (PRZZX)
$0.3440 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2045 Fund - Class B Shares (a)
$0.3040 per share investment income                    12/27/2012 12/28/201

2

Putnam Retirement Ready 2045 Fund - Class C Shares (a)
$0.3440 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2045 Fund - Class M Shares (a)
$0.3350 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2045 Fund - Class R Shares (a)
$0.3480 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2045 Fund - Class Y Shares
 (PRVYX)
$0.4180 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2050 Fund - Class B Shares (a)
$0.0710 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2050 Fund - Class C Shares (a)
$0.0920 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2050 Fund - Class M Shares (a)
$0.1000 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2050 Fund - Class R Shares (a)
$0.1420 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2050 Fund - Class Y Shares (a)
$0.1970 per share investment income                    12/27/2012 12/28/2012

Putnam Retirement Ready 2055 Fund - Class B Shares (a)
$0.1490 per share investment income                    12/27/2012 12/28/2012
$0.0450 per share long term capital gain
$0.1940 per share total

Putnam Retirement Ready 2055 Fund - Class C Shares (a)
$0.1340 per share investment income                    12/27/2012 12/28/2012
$0.0450 per share long term capital gain
$0.1790 per share total

Putnam Retirement Ready 2055 Fund - Class M Shares (a)
$0.1420 per share investment income                    12/27/2012 12/28/2012
$0.0450 per share long term capital gain
$0.1870 per share total

Putnam Retirement Ready 2055 Fund - Class R Shares (a)
$0.1680 per share investment income                    12/27/2012 12/28/2012
$0.0450 per share long term capital gain
$0.2130 per share total

Putnam Retirement Ready 2055 Fund - Class Y Shares (a)
$0.2160 per share investment income                    12/27/2012 12/28/2012
$0.0450 per share long term capital gain
$0.2610 per share total

Putnam California Tax Exempt Income Fund - Class B
 Shares (PCTBX)
$0.0024 per share extra taxable income                 12/27/2012 12/31/2012

Putnam California Tax Exempt Income Fund - Class C
 Shares (PCTCX)
$0.0024 per share extra taxable income                 12/27/2012 12/31/2012

Putnam California Tax Exempt Income Fund - Class M
 Shares (PCLMX)
$0.0024 per share extra taxable income                 12/27/2012 12/31/2012

Putnam California Tax Exempt Income Fund - Class Y
 Shares (PCIYX)
$0.0024 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Massachusetts Tax Exempt Income Fund - Class B
 Shares (PMABX)
$0.0094 per share extra taxable income                 12/27/2012 12/31/2012
$0.0034 per share short-term capital gain
$0.0058 per share long-term capital gain
$0.0186 per share total

Putnam Massachusetts Tax Exempt Income Fund - Class C
 Shares (PMMCX)
$0.0094 per share extra taxable income                 12/27/2012 12/31/2012
$0.0034 per share short-term capital gain
$0.0058 per share long-term capital gain
$0.0186 per share total

Putnam Massachusetts Tax Exempt Income Fund - Class M
 Shares (PMAMX)
$0.0094 per share extra taxable income                 12/27/2012 12/31/2012
$0.0034 per share short-term capital gain
$0.0058 per share long-term capital gain
$0.0186 per share total

Putnam Massachusetts Tax Exempt Income Fund - Class Y
 Shares (PMAYX)
$0.0094 per share extra taxable income                 12/27/2012 12/31/2012
$0.0034 per share short-term capital gain
$0.0058 per share long-term capital gain
$0.0186 per share total

Putnam New York Tax Exempt Income Fund - Class B
 Shares (PEIBX)
$0.0002 per share extra taxable income                 12/27/2012 12/31/2012

Putnam New York Tax Exempt Income Fund - Class C
 Shares (PNNCX)
$0.0002 per share extra taxable income                 12/27/2012 12/31/2012

Putnam New York Tax Exempt Income Fund - Class M
 Shares (PNYMX)
$0.0002 per share extra taxable income                 12/27/2012 12/31/2012

Putnam New York Tax Exempt Income Fund - Class Y
 Shares (PNYYX)
$0.0002 per share extra taxable income                 12/27/2012 12/31/2012

Putnam New Jersey Tax Exempt Income Fund - Class B
 Shares (PNJBX)
$0.0006 per share extra taxable income                 12/27/2012 12/31/2012

Putnam New Jersey Tax Exempt Income Fund - Class C
 Shares (PNJCX)
$0.0006 per share extra taxable income                 12/27/2012 12/31/2012

Putnam New Jersey Tax Exempt Income Fund - Class M
 Shares (PNJMX)
$0.0006 per share extra taxable income                 12/27/2012 12/31/2012

Putnam New Jersey Tax Exempt Income Fund - Class Y
 Shares (PNJYX)
$0.0006 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Pennsylvania Tax Exempt Income Fund - Class B
 Shares (PPNBX)
$0.0007 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Pennsylvania Tax Exempt Income Fund - Class C
 Shares (PPNCX)
$0.0007 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Pennsylvania Tax Exempt Income Fund - Class M
 Shares (PPAMX)
$0.0007 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Pennsylvania Tax Exempt Income Fund - Class Y
 Shares (PPTYX)
$0.0007 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Short Duration Income Fund - Class B Shares
 (PSDBX)
$0.0009 per share short-term capital gain              12/27/2012 12/31/2012

Putnam Short Duration Income Fund - Class C Shares
 (PSDLX)
$0.0009 per share short-term capital gain              12/27/2012 12/31/2012

Putnam Short Duration Income Fund - Class M Shares
 (PSDGX)
$0.0009 per share short-term capital gain              12/27/2012 12/31/2012

Putnam Short Duration Income Fund - Class R Shares
 (PSDRX)
$0.0009 per share short-term capital gain              12/27/2012 12/31/2012

Putnam Short Duration Income Fund - Class Y Shares
 (PSDYX)
$0.0009 per share short-term capital gain              12/27/2012 12/31/2012

Putnam Short Duration Income Fund - Class R5 Shares
 (PSDKX)
$0.0009 per share short-term capital gain              12/27/2012 12/31/2012

Putnam Short Duration Income Fund - Class R6 Shares
 (PSDQX)
$0.0009 per share short-term capital gain              12/27/2012 12/31/2012

Putnam Tax Exempt Income Fund - Class B Shares (PTBEX)
$0.0005 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Tax Exempt Income Fund - Class C Shares (PTECX)
$0.0005 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Tax Exempt Income Fund - Class M Shares (PTXMX)
$0.0005 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Tax Exempt Income Fund - Class Y Shares (PTEYX)
$0.0005 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Tax-Free High Yield Fund - Class B Shares
 (PTHYX)
$0.0084 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Tax-Free High Yield Fund - Class C Shares
 (PTCCX)
$0.0084 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Tax-Free High Yield Fund - Class M Shares
 (PTYMX)
$0.0084 per share extra taxable income                 12/27/2012 12/31/2012

Putnam Tax-Free High Yield Fund - Class Y Shares
 (PTFYX)
$0.0084 per share extra taxable income                 12/27/2012 12/31/2012


SECTION 19 DISCLOSURE
Retirement Ready 2055 Fund
As of December 18, 2012, the fund had net realized and unrealized losses of $0.246 per share, of which $0.270 represents unrealized depreciation of portfolio securities.

Additional disclosure:
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 2013, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

Shareholders Contact:
1-800-225-1581

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
DevOps has often been described in terms of CAMS: Culture, Automation, Measuring, Sharing. While we’ve seen a lot of focus on the “A” and even on the “M”, there are very few examples of why the “C" is equally important in the DevOps equation. In her session at @DevOps Summit, Lori MacVittie, of F5 Networks, explored HTTP/1 and HTTP/2 along with Microservices to illustrate why a collaborative culture between Dev, Ops, and the Network is critical to ensuring success.
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great dea...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...