Putnam Announces Dividend Rates for Open-End Funds

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

	Ex Date				Distribution Per Share
Fund	Record Date	Pay Date	Class A	Class B	Class C	Class R	Class Y	Class R6
Putnam California Tax Exempt Income Fund	12/29/2021	12/31/2021	PCTEX	PCTBX	PCTCX	N/A	PCIYX	PCLGX
		**Short Term Capital Gain :	0.0336	0.0336	0.0336	N/A	0.0336	0.0336
		**Long Term Capital Gain :	0.1179	0.1179	0.1179	N/A	0.1179	0.1179
		Total Distribution :	0.1515	0.1515	0.1515		0.1515	0.1515
Putnam Intermediate-Term Municipal Income Fund	12/29/2021	12/31/2021	PIMEX	PIMBX	PIMFX	N/A	PIMYX	PIMRX
		**Extra Taxable Income Distribution :	0.0019	0.0019	0.0019	N/A	0.0019	0.0019
		**Short Term Capital Gain :	0.0558	0.0558	0.0558	N/A	0.0558	0.0558
		**Long Term Capital Gain :	0.0317	0.0317	0.0317	N/A	0.0317	0.0317
		Total Distribution :	0.0894	0.0894	0.0894		0.0894	0.0894
Putnam Massachusetts Tax Exempt Income Fund	12/29/2021	12/31/2021	PXMAX	PMABX	PMMCX	N/A	PMAYX	PMATX
		**Extra Taxable Income Distribution :	0.0021	0.0021	0.0021	N/A	0.0021	0.0021
Putnam Minnesota Tax Exempt Income Fund	12/29/2021	12/31/2021	PXMNX	PMTBX	PMOCX	N/A	PMNYX	PMVTX
		**Short Term Capital Gain :	0.0153	0.0153	0.0153	N/A	0.0153	0.0153
		**Long Term Capital Gain :	0.0070	0.0070	0.0070	N/A	0.0070	0.0070
		Total Distribution :	0.0223	0.0223	0.0223		0.0223	0.0223
Putnam New Jersey Tax Exempt Income Fund	12/29/2021	12/31/2021	PTNJX	PNJBX	PNJCX	N/A	PNJYX	PNJRX
		**Extra Taxable Income Distribution :	0.0009	0.0009	0.0009	N/A	0.0009	0.0009
Putnam New York Tax Exempt Income Fund	12/29/2021	12/31/2021	PTEIX	PEIBX	PNNCX	N/A	PNYYX	PNYRX
		**Extra Taxable Income Distribution :	0.0001	0.0001	0.0001	N/A	0.0001	0.0001
		**Long Term Capital Gain :	0.0206	0.0206	0.0206	N/A	0.0206	0.0206
		Total Distribution :	0.0207	0.0207	0.0207		0.0207	0.0207
Putnam Ohio Tax Exempt Fund	12/29/2021	12/31/2021	PXOHX	POXBX	POOCX	N/A	POTYX	POHRX
		**Extra Taxable Income Distribution :	0.0014	0.0014	0.0014	N/A	0.0014	0.0014
		**Short Term Capital Gain :	0.0143	0.0143	0.0143	N/A	0.0143	0.0143
		**Long Term Capital Gain :	0.0601	0.0601	0.0601	N/A	0.0601	0.0601
		Total Distribution :	0.0758	0.0758	0.0758		0.0758	0.0758
Putnam Pennsylvania Tax Exempt Income Fund	12/29/2021	12/31/2021	PTEPX	PPNBX	PPNCX	N/A	PPTYX	PPTRX
		**Extra Taxable Income Distribution :	0.0012	0.0012	0.0012	N/A	0.0012	0.0012
Putnam Short Duration Bond Fund	12/29/2021	12/31/2021	PARTX	PARPX	PARQX	PRARX	PARYX	PRREX
		**Short Term Capital Gain :	0.0040	0.0040	0.0040	0.0040	0.0040	0.0040
		**Long Term Capital Gain :	0.0080	0.0080	0.0080	0.0080	0.0080	0.0080
		Total Distribution :	0.0120	0.0120	0.0120	0.0120	0.0120	0.0120
Putnam Short-Term Municipal Income Fund	12/29/2021	12/31/2021	PSMEX	PSMFX	PSMTX	N/A	PYSTX	PSMYX
		**Short Term Capital Gain :	0.0386	0.0386	0.0386	N/A	0.0386	0.0386
		**Long Term Capital Gain :	0.0055	0.0055	0.0055	N/A	0.0055	0.0055
		Total Distribution :	0.0441	0.0441	0.0441		0.0441	0.0441
Putnam Strategic Intermediate Municipal Fund	12/29/2021	12/31/2021	PPNAX	PTFIX	PAMTX	N/A	PAMYX	PAMLX
		**Extra Taxable Income Distribution :	0.0010	0.0010	0.0010	N/A	0.0010	0.0010
		**Short Term Capital Gain :	0.1350	0.1350	0.1350	N/A	0.1350	0.1350
		**Long Term Capital Gain :	0.1325	0.1325	0.1325	N/A	0.1325	0.1325
		Total Distribution :	0.2685	0.2685	0.2685		0.2685	0.2685
Putnam Tax Exempt Income Fund	12/29/2021	12/31/2021	PTAEX	PTBEX	PTECX	N/A	PTEYX	PEXTX
		**Extra Taxable Income Distribution :	0.0015	0.0015	0.0015	N/A	0.0015	0.0015
		**Short Term Capital Gain :	0.0069	0.0069	0.0069	N/A	0.0069	0.0069
		**Long Term Capital Gain :	0.1575	0.1575	0.1575	N/A	0.1575	0.1575
		Total Distribution :	0.1659	0.1659	0.1659		0.1659	0.1659
Putnam Tax Free High Yield Fund	12/29/2021	12/31/2021	PTHAX	PTHYX	PTCCX	N/A	PTFRX	PTFYX
		**Extra Taxable Income Distribution :	0.0023	0.0023	0.0023	N/A	0.0023	0.0023
		**Short Term Capital Gain :	0.0075	0.0075	0.0075	N/A	0.0075	0.0075
		**Long Term Capital Gain :	0.1850	0.1850	0.1850	N/A	0.1850	0.1850
		Total Distribution :	0.1948	0.1948	0.1948		0.1948	0.1948
The following funds will not be making an extra taxable income or capital gain distribution for year end.
Floating Rate Income
Government Money Market Fund
Money Market Fund
Short Term Investment Fund
Ultra Short Duration Income

19(a) NOTICE

Putnam Short Duration Bond Fund
As of December 16, 2021, the fund had net realized and unrealized losses of $0.072 per share, of which $0.068 represents unrealized depreciation of portfolio securities.