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Putnam Announces Multi-Class Distribution Rates for Open End Funds

The Trustees of The Putnam Funds declared the following distributions.

RECORD/

PAYMENT

FUND NAME AND DISTRIBUTIONS

EX DATE

DATE

Putnam Short Duration Bond Fund – Class B Shares (PARPX)

$0.0220 per share investment income 2/21/19 2/25/19

Putnam Short Duration Bond Fund – Class C Shares (PARQX)

$0.0180 per share investment income 2/21/19 2/25/19

Putnam Short Duration Bond Fund – Class M Shares (PARZX)

$0.0240 per share investment income 2/21/19 2/25/19

Putnam Short Duration Bond Fund – Class R Shares (PRARX)

$0.0220 per share investment income 2/21/19 2/25/19

Putnam Short Duration Bond Fund – Class Y Shares (PARYX)

$0.0260 per share investment income 2/21/19 2/25/19

Putnam Short Duration Bond Fund – Class R6 Shares (PRREX)

$0.0260 per share investment income 2/21/19 2/25/19

Contacts:

PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581

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