Putnam Announces Dividend Rates for Open-End Funds

The Trustees of The Putnam Funds declare the following distributions today.

FUND NAME AND DISTRIBUTIONS

RECORD
DATE

PAYMENT
DATE

Putnam Retirement Income Fund Lifestyle 1 – Class M Shares (PRMMX)

$0.0020 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 1 – Class R Shares (PRMKX)

$0.0030 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 1 – Class Y Shares (PRMYX)

$0.0090 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 2 – Class M Shares (PRLMX)

$0.0040 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 2 – Class R Shares (PRLRX)

$0.0040 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 2 – Class Y Shares (PRLYX)

$0.0080 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 3 – Class B Shares (PBIOX)

$0.0050 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 3 – Class C Shares (PCIOX)

$0.0050 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 3 – Class M Shares (PMIOX)

$0.0100 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 3 – Class R Shares (PRIOX)

$0.0100 per share investment income

7/27/2016

7/29/2016

Putnam Retirement Income Fund Lifestyle 3 – Class Y Shares (PIIYX)

$0.0140 per share investment income

7/27/2016

7/29/2016

Contacts:

PUTNAM SHAREHOLDERS CONTACT:
1-800-225-1581

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