Putnam Announces Distribution Rates for Open End Funds

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

	RECORD	PAYMENT
FUND NAME AND DISTRIBUTIONS	DATE	DATE
Putnam PanAgora Market Neutral Fund - Class A Shares (PPMAX)
$0.0340 per share short-term capital gain	5/19/21	5/21/21
$0.0130 per share long-term capital gain
$0.0470 per share total
Putnam PanAgora Market Neutral Fund - Class B Shares (PPMBX)
$0.0340 per share short-term capital gain	5/19/21	5/21/21
$0.0130 per share long-term capital gain
$0.0470 per share total
Putnam PanAgora Market Neutral Fund - Class C Shares (PPMDX)
$0.0340 per share short-term capital gain	5/19/21	5/21/21
$0.0130 per share long-term capital gain
$0.0470 per share total
Putnam PanAgora Market Neutral Fund - Class R Shares (PPMLX)
$0.0340 per share short-term capital gain	5/19/21	5/21/21
$0.0130 per share long-term capital gain
$0.0470 per share total
Putnam PanAgora Market Neutral Fund - Class Y Shares (PPMYX)
$0.0340 per share short-term capital gain	5/19/21	5/21/21
$0.0130 per share long-term capital gain
$0.0470 per share total
Putnam PanAgora Market Neutral Fund - Class R6 Shares (PPMRX)
$0.0340 per share short-term capital gain	5/19/21	5/21/21
$0.0130 per share long-term capital gain
$0.0470 per share total