
This fund principally directs its investments towards fixed-income securities. These encompass securitized debt instruments, such as mortgage-backed securities, alongside other debt obligations issued by corporations and governments across the globe. While the majority of these holdings are denominated in U.S. dollars, a smaller allocation may be in foreign currencies. The portfolio's credit quality spans from investment-grade to below-investment-grade debt, colloquially termed 'junk bonds,' with maturities generally falling within the intermediate to long-term spectrum (three years or more)…
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BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following fund distributions. RECORD/ PAYMENT FUND NAME AND DISTRIBUTIONS EX DATE DATE Putnam American Government Income Fund – Class A Shares (PAGVX) Putnam Convertible Securities Fund– Class A Shares (PCONX) Putnam Dynamic Asset Allocation Conservative Fund– Class A Shares (PACAX) Putnam Diversified Income Trust – Class A Shares (PDINX) Putnam Emerging Markets Income Fund – Class A Shares (PEMWX) Putnam Equity Income Fund – Class A Shares (PEYAX) Putnam High Yield Advantage Fund – Class A Shares (PHYIX) Putnam High Yield Trust – Class A Shares (PHIGX) Putnam Global Dividend Fund – Class A Shares (PGDEX) Putnam Global Income Trust – Class A Shares (PGGIX) Putnam Global Utilities Fund – Class A Shares (PUGIX) Putnam Income Fund – Class A Shares (PINCX) Putnam Retirement Income Fund Lifestyle 2– Class A Shares (PRYAX) Putnam Retirement Income Fund Lifestyle 3– Class A Shares (PISFX) Putnam U.S. Government Income Trust – Class A Shares (PGSIX) Section 19 Disclosure Putnam Global Dividend Fund $0.004 per share of Putnam Global Dividend Fund’s dividend represents a return of capital. This is only an estimate for the current fund fiscal year based on information we have at this time. In January 2016, we will provide final information about all 2015 distributions for your tax filing. See the below for more details. Additional disclosure: If a fund’s dividend included an estimated distribution such as a return of capital or capital gain: For the purposes of this disclosure, a fund’s dividend sources are determined in accordance with accounting principles, which may vary from federal tax treatment. The sources of dividends are estimated at the time of declaration. Actual results may vary. Any non-taxable return of capital cannot be determined until after the end of the fund’s fiscal year. In January 2016, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following fund distributions. RECORD/ PAYMENT FUND NAME AND DISTRIBUTIONS EX DATE DATE Putnam American Government Income Fund – Class A Shares (PAGVX) Putnam Dynamic Asset Allocation Balanced Fund– Class A Shares (PABAX) Putnam Dynamic Asset Allocation Conservative Fund– Class A Shares (PACAX) Putnam Diversified Income Trust – Class A Shares (PDINX) Putnam Emerging Markets Income Fund – Class A Shares (PEMWX) George Putnam Balanced Fund – Class A Shares (PGEOX) Putnam for Growth and Income – Class A Shares (PGRWX) Putnam High Yield Advantage Fund – Class A Shares (PHYIX) Putnam High Yield Trust – Class A Shares (PHIGX) Putnam Global Income Trust – Class A Shares (PGGIX) 2/27/2015 Putnam Income Fund – Class A Shares (PINCX) Putnam Retirement Income Fund Lifestyle 2– Class A Shares (PRYAX) Putnam Retirement Income Fund Lifestyle 3– Class A Shares (PISFX) Putnam U.S. Government Income Trust – Class A Shares (PGSIX)

BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following fund distributions. RECORD/ PAYMENT FUND NAME AND DISTRIBUTIONS EX DATE DATE Putnam American Government Income Fund – Class A Shares (PAGVX) Putnam Dynamic Asset Allocation Balanced Fund – Class A Shares (PABAX) Putnam Dynamic Asset Allocation Conservative Fund – Class A Shares (PACAX) Putnam Diversified Income Trust – Class A Shares (PDINX) Putnam Emerging Markets Income Fund – Class A Shares (PEMWX) George Putnam Balanced Fund – Class A Shares (PGEOX) Putnam for Growth and Income – Class A Shares (PGRWX) Putnam High Yield Advantage Fund – Class A Shares (PHYIX) Putnam High Yield Trust – Class A Shares (PHIGX) Putnam Global Income Trust – Class A Shares (PGGIX) Putnam Income Fund – Class A Shares (PINCX) 1/20/15 Putnam Retirement Income Fund Lifestyle 2 – Class A Shares (PRYAX) Putnam Retirement Income Fund Lifestyle 3 – Class A Shares (PISFX) Putnam U.S. Government Income Trust – Class A Shares (PGSIX) Putnam Convertible Securities Fund – Class A Shares (PCONX) Putnam Equity Income Fund – Class A Shares (PEYAX) Putnam Global Dividend Fund – Class A Shares (PGDEX) Putnam Global Utilities Fund – Class A Shares (PUGIX)

BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following fund distributions. RECORD/ PAYMENT FUND NAME AND DISTRIBUTIONS EX DATE DATE Putnam Diversified Income Trust – Class A Shares (PDINX) Putnam Emerging Markets Income Fund – Class A Shares (PEMWX) Putnam High Yield Advantage Fund – Class A Shares (PHYIX) Putnam High Yield Trust – Class A Shares (PHIGX) Putnam Global Income Trust – Class A Shares (PGGIX) Putnam Income Fund – Class A Shares (PINCX) Putnam Retirement Income Fund Lifestyle 2– Class A Shares (PRYAX) Putnam Retirement Income Fund Lifestyle 3– Class A Shares (PISFX) Putnam U.S. Government Income Trust – Class A Shares (PGSIX)

BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following fund distributions. RECORD/ PAYMENT FUND NAME AND DISTRIBUTIONS EX DATE DATE Putnam American Government Income Fund – Class A Shares (PAGVX) Putnam Convertible Securities Fund– Class A Shares (PCONX) Putnam Dynamic Asset Allocation Conservative Fund– Class A Shares (PACAX) Putnam Diversified Income Trust – Class A Shares (PDINX) Putnam Emerging Markets Income Fund – Class A Shares (PEMWX) Putnam Equity Income Fund – Class A Shares (PEYAX) Putnam High Yield Advantage Fund – Class A Shares (PHYIX) Putnam High Yield Trust – Class A Shares (PHIGX) Putnam Global Dividend Fund – Class A Shares (PGDEX) Putnam Global Income Trust – Class A Shares (PGGIX) Putnam Global Utilities Fund – Class A Shares (PUGIX) Putnam Income Fund – Class A Shares (PINCX) Putnam Retirement Income Fund Lifestyle 2– Class A Shares (PRYAX) Putnam Retirement Income Fund Lifestyle 3– Class A Shares (PISFX) Putnam U.S. Government Income Trust – Class A Shares (PGSIX)