Putnam Announces Dividend Rates for Open-End Funds

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

	RECORD	PAYMENT
FUND NAME AND DISTRIBUTIONS	DATE	DATE
Putnam Capital Spectrum Fund – Class A Shares (PVSAX)
$0.5680 per share investment income	8/19/20	8/21/20
$0.4780 per share short-term capital gain
$10.6660 per share long-term capital gain
$11.7120 per share total
Putnam Capital Spectrum Fund – Class B Shares (PVSBX)
$0.4230 per share investment income	8/19/20	8/21/20
$0.4780 per share short-term capital gain
$10.6660 per share long-term capital gain
$11.5670 per share total
Putnam Capital Spectrum Fund – Class C Shares (PVSCX)
$0.4030 per share investment income	8/19/20	8/21/20
$0.4780 per share short-term capital gain
$10.6660 per share long-term capital gain
$11.5470 per share total
Putnam Capital Spectrum Fund – Class R Shares (PVSRX)
$0.5200 per share investment income	8/19/20	8/21/20
$0.4780 per share short-term capital gain
$10.6660 per share long-term capital gain
$11.6640 per share total
Putnam Capital Spectrum Fund – Class Y Shares (PVSYX)
$0.6130 per share investment income	8/19/20	8/21/20
$0.4780 per share short-term capital gain
$10.6660 per share long-term capital gain
$11.7570 per share total
Putnam Equity Spectrum Fund – Class A Shares (PYSAX)
$0.4630 per share investment income	8/19/20	8/21/20
Putnam Equity Spectrum Fund – Class B Shares (PYSOX)
$0.2580 per share investment income	8/19/20	8/21/20
Putnam Equity Spectrum Fund – Class C Shares (PYSCX)
$0.2450 per share investment income	8/19/20	8/21/20
Putnam Equity Spectrum Fund – Class R Shares (PYSRX)
$0.3920 per share investment income	8/19/20	8/21/20
Putnam Equity Spectrum Fund – Class Y Shares (PYSYX)
$0.5310 per share investment income	8/19/20	8/21/20

NOTE:

This is the final distribution for the above funds. Putnam Capital Spectrum Fund and Putnam Equity Spectrum Fund will be merging into Putnam Focused Equity Fund on 8/21/20.

19(a) Notices

Putnam Capital Spectrum Fund

As of August 18, 2020, the fund had net realized and unrealized losses of $0.891 per share, of which $1.756 represents unrealized depreciation of portfolio securities.