Putnam Announces Dividend Rates for Class A Open-End Funds

The Trustees of The Putnam Funds have declared the following distributions.

RECORD

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

Putnam Retirement Income Fund Lifestyle 1– Class A Shares (PRMAX)
$0.0060 per share investment income 7/28/14 7/30/14

Contacts:

Putnam Shareholders Contact:
Laura McNamara, 1-800-225-1581

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