Putnam Announces Dividend Rates for Open-End Funds

BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds declare the following distributions today.

FUND NAME AND DISTRIBUTIONS	RECORD DATE	PAYMENT DATE
Putnam RetirementReady 2020 Fund – Class A Shares (PRRMX)
$0.3260 per share investment income	12/31/19	12/31/19
$0.2260 per share long–term capital gain
$0.5520 per share total
Putnam RetirementReady 2020 Fund – Class B Shares (a)
$0.1500 per share investment income	12/31/19	12/31/19
$0.2260 per share long–term capital gain
$0.3760 per share total
Putnam RetirementReady 2020 Fund – Class C Shares (a)
$0.1680 per share investment income	12/31/19	12/31/19
$0.2260 per share long–term capital gain
$0.3940 per share total
Putnam RetirementReady 2020 Fund – Class R Shares (a)
$0.2260 per share long–term capital gain	12/31/19	12/31/19
Putnam RetirementReady 2020 Fund – Class R6 Shares (MRGX)
$0.3830 per share investment income	12/31/19	12/31/19
$0.2260 per share long–term capital gain
$0.6090 per share total
Putnam RetirementReady 2020 Fund – Class Y Shares (PRRNX)
$0.3680 per share investment income	12/31/19	12/31/19
$0.2260 per share long–term capital gain
$0.5940 per share total
Putnam RetirementReady 2025 Fund – Class A Shares (PRROX)
$0.3270 per share investment income	12/31/19	12/31/19
$0.3640 per share long–term capital gain
$0.6910 per share total
Putnam RetirementReady 2025 Fund – Class B Shares (a)
$0.1140 per share investment income	12/31/19	12/31/19
$0.3640 per share long–term capital gain
$0.4780 per share total
Putnam RetirementReady 2025 Fund – Class C Shares (a)
$0.1700 per share investment income	12/31/19	12/31/19
$0.3640 per share long–term capital gain
$0.5340 per share total
Putnam RetirementReady 2025 Fund – Class R Shares (a)
$0.2230 per share investment income	12/31/19	12/31/19
$0.3640 per share long–term capital gain
$0.5870 per share total
Putnam RetirementReady 2025 Fund – Class R6 Shares (PRMFX)
$0.3870 per share investment income	12/31/19	12/31/19
$0.3640 per share long–term capital gain
$0.7510 per share total
Putnam RetirementReady 2025 Fund – Class Y Shares (PRRPX)
$0.3280 per share investment income	12/31/19	12/31/19
$0.3640 per share long–term capital gain
$0.6920 per share total
Putnam RetirementReady 2030 Fund – Class A Shares (PRRQX)
$0.3300 per share investment income	12/31/19	12/31/19
$0.5760 per share long–term capital gain
$0.9060 per share total
Putnam RetirementReady 2030 Fund – Class B Shares (a)
$0.1490 per share investment income	12/31/19	12/31/19
$0.5760 per share long–term capital gain
$0.7250 per share total
Putnam RetirementReady 2030 Fund – Class C Shares (a)
$0.1880 per share investment income	12/31/19	12/31/19
$0.5760 per share long–term capital gain
$0.7640 per share total
Putnam RetirementReady 2030 Fund – Class R Shares (a)
$0.2850 per share investment income	12/31/19	12/31/19
$0.5760 per share long–term capital gain
$0.8610 per share total
Putnam RetirementReady 2030 Fund – Class R6 Shares (PREZX)
$0.3960 per share investment income	12/31/19	12/31/19
$0.5760 per share long–term capital gain
$0.9720 per share total
Putnam RetirementReady 2030 Fund – Class Y Shares (PRRTX)
$0.3720 per share investment income	12/31/19	12/31/19
$0.5760 per share long–term capital gain
$0.9480 per share total
Putnam RetirementReady 2035 Fund – Class A Shares (PRRWX)
$0.3010 per share investment income	12/31/19	12/31/19
$0.6490 per share long–term capital gain
$0.9500 per share total
Putnam RetirementReady 2035 Fund – Class B Shares (a)
$0.1220 per share investment income	12/31/19	12/31/19
$0.6490 per share long–term capital gain
$0.7710 per share total
Putnam RetirementReady 2035 Fund – Class C Shares (a)
$0.1480 per share investment income	12/31/19	12/31/19
$0.6490 per share long–term capital gain
$0.7970 per share total
Putnam RetirementReady 2035 Fund – Class R Shares (a)
$0.2300 per share investment income	12/31/19	12/31/19
$0.6490 per share long–term capital gain
$0.8790 per share total
Putnam RetirementReady 2035 Fund – Class R6 Shares (PREGX)
$0.3600 per share investment income	12/31/19	12/31/19
$0.6490 per share long–term capital gain
$1.0090 per share total
Putnam RetirementReady 2035 Fund – Class Y Shares (PRRYX)
$0.3040 per share investment income	12/31/19	12/31/19
$0.6490 per share long–term capital gain
$0.9530 per share total
Putnam RetirementReady 2040 Fund – Class A Shares (PRRZX)
$0.2450 per share investment income	12/31/19	12/31/19
$1.0620 per share long–term capital gain
$1.3070 per share total
Putnam RetirementReady 2040 Fund – Class B Shares (a)
$0.0780 per share investment income	12/31/19	12/31/19
$1.0620 per share long–term capital gain
$1.1400 per share total
Putnam RetirementReady 2040 Fund – Class C Shares (a)
$0.0950 per share investment income	12/31/19	12/31/19
$1.0620 per share long–term capital gain
$1.1570 per share total
Putnam RetirementReady 2040 Fund – Class R Shares (a)
$0.2090 per share investment income	12/31/19	12/31/19
$1.0620 per share long–term capital gain
$1.2710 per share total
Putnam RetirementReady 2040 Fund – Class R6 Shares (PREHX)
$0.3110 per share investment income	12/31/19	12/31/19
$1.0620 per share long–term capital gain
$1.3730 per share total
Putnam RetirementReady 2040 Fund – Class Y Shares (PRZZX)
$0.2900 per share investment income	12/31/19	12/31/19
$1.0620 per share long–term capital gain
$1.3520 per share total
Putnam RetirementReady 2045 Fund – Class A Shares (PRVLX)
$0.2930 per share investment income	12/31/19	12/31/19
$1.0110 per share long–term capital gain
$1.3040 per share total
Putnam RetirementReady 2045 Fund – Class B Shares (a)
$0.1480 per share investment income	12/31/19	12/31/19
$1.0110 per share long–term capital gain
$1.1590 per share total
Putnam RetirementReady 2045 Fund – Class C Shares (a)
$0.1370 per share investment income	12/31/19	12/31/19
$1.0110 per share long–term capital gain
$1.1480 per share total
Putnam RetirementReady 2045 Fund – Class R Shares (a)
$0.0330 per share investment income	12/31/19	12/31/19
$1.0110 per share long–term capital gain
$1.0440 per share total
Putnam RetirementReady 2045 Fund – Class R6 Shares (PREKX)
$0.3470 per share investment income	12/31/19	12/31/19
$1.0110 per share long–term capital gain
$1.3580 per share total
Putnam RetirementReady 2045 Fund – Class Y Shares (PRVYX)
$0.2750 per share investment income	12/31/19	12/31/19
$1.0110 per share long–term capital gain
$1.2860 per share total
Putnam RetirementReady 2050 Fund – Class A Shares (PRRJX)
$0.2230 per share investment income	12/31/19	12/31/19
$1.0700 per share long–term capital gain
$1.2930 per share total
Putnam RetirementReady 2050 Fund – Class B Shares (a)
$0.0410 per share investment income	12/31/19	12/31/19
$1.0700 per share long–term capital gain
$1.1110 per share total
Putnam RetirementReady 2050 Fund – Class C Shares (a)
$0.0960 per share investment income	12/31/19	12/31/19
$1.0700 per share long–term capital gain
$1.1660 per share total
Putnam RetirementReady 2050 Fund – Class R Shares (a)
$0.1360 per share investment income	12/31/19	12/31/19
$1.0700 per share long–term capital gain
$1.2060 per share total
Putnam RetirementReady 2050 Fund – Class R6 Shares (PREUX)
$0.2780 per share investment income	12/31/19	12/31/19
$1.0700 per share long–term capital gain
$1.3480 per share total
Putnam RetirementReady 2050 Fund – Class Y Shares (PRRUX)
$0.2660 per share investment income	12/31/19	12/31/19
$1.0700 per share long–term capital gain
$1.3360 per share total
Putnam RetirementReady 2055 Fund – Class A Shares (PRRFX)
$0.0800 per share investment income	12/31/19	12/31/19
$0.7660 per share long–term capital gain
$0.8460 per share total
Putnam RetirementReady 2055 Fund – Class B Shares (a)
$0.7660 per share long–term capital gain	12/31/19	12/31/19
Putnam RetirementReady 2055 Fund – Class C Shares (a)
$0.0030 per share investment income	12/31/19	12/31/19
$0.7660 per share long–term capital gain
$0.7690 per share total
Putnam RetirementReady 2055 Fund – Class R Shares (PRRVX)
$0.0560 per share investment income	12/31/19	12/31/19
$0.7660 per share long–term capital gain
$0.8220 per share total
Putnam RetirementReady 2055 Fund – Class R6 Shares (PREVX)
$0.1150 per share investment income	12/31/19	12/31/19
$0.7660 per share long–term capital gain
$0.8810 per share total
Putnam RetirementReady 2055 Fund – Class Y Shares (PRTLX)
$0.0450 per share investment income	12/31/19	12/31/19
$0.7660 per share long–term capital gain
$0.8110 per share total
Putnam RetirementReady 2060 Fund – Class A Shares (PRTFX)
$0.1500 per share investment income	12/31/19	12/31/19
$0.0030 per share short-term capital gain
$0.4750 per share long–term capital gain
$0.6280 per share total
Putnam RetirementReady 2060 Fund – Class B Shares (a)
$0.0560 per share investment income	12/31/19	12/31/19
$0.0030 per share short-term capital gain
$0.4750 per share long–term capital gain
$0.5340 per share total
Putnam RetirementReady 2060 Fund – Class C Shares (a)
$0.0840 per share investment income	12/31/19	12/31/19
$0.0030 per share short-term capital gain
$0.4750 per share long–term capital gain
$0.5620 per share total
Putnam RetirementReady 2060 Fund – Class R Shares (PRTRX)
$0.0460 per share investment income	12/31/19	12/31/19
$0.0030 per share short-term capital gain
$0.4750 per share long–term capital gain
$0.5240 per share total
Putnam RetirementReady 2060 Fund – Class R6 Shares (PEFGX)
$0.1750 per share investment income	12/31/19	12/31/19
$0.0030 per share short-term capital gain
$0.4750 per share long–term capital gain
$0.6530 per share total
Putnam RetirementReady 2060 Fund – Class Y Shares (PRTYX)
$0.1710 per share investment income	12/31/19	12/31/19
$0.0030 per share short-term capital gain
$0.4750 per share long–term capital gain
$0.6490 per share total

1. Quotron symbol pending

SECTION 19 DISCLOSURE

Putnam RetirementReady 2020 Fund

As of December 13, 2019, the fund had net realized and unrealized losses of $0.585 per share, of which $0.012 represents unrealized depreciation of portfolio securities.

Putnam RetirementReady 2025 Fund

As of December 13, 2019, the fund had net realized and unrealized losses of $0.498 per share, of which $0.000 represents unrealized depreciation of portfolio securities.

Putnam RetirementReady 2030 Fund

As of December 13, 2019, the fund had net realized and unrealized losses of $0.484 per share, of which $0.000 represents unrealized depreciation of portfolio securities.

Putnam RetirementReady 2035 Fund

As of December 13, 2019, the fund had net realized and unrealized losses of $0.571 per share, of which $0.000 represents unrealized depreciation of portfolio securities.

Putnam RetirementReady 2045 Fund

As of December 13, 2019, the fund had net realized and unrealized losses of $0.631 per share, of which $0.000 represents unrealized depreciation of portfolio securities.

Putnam RetirementReady 2055 Fund

As of December 13, 2019, the fund had net realized and unrealized losses of $0.095 per share, of which $0.000 represents unrealized depreciation of portfolio securities.