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
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
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.
Most of us already know that adopting new cloud applications can boost a business’s productivity by enabling organizations to be more agile and ready to change course in our fast-moving and connected digital world. But the rapid adoption of cloud apps and services also brings with it profound security threats, including visibility and control challenges that aren’t present in traditional on-premises environments. At the same time, the cloud – because of its interconnected, flexible and adaptable...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.