PACBX Putnam Dynamic Asset Allocation Fund Conservative B (MM)

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

   

RECORD

   

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

 

Putnam High Yield Trust - Class B Shares (PHBBX)

$0.0400 per share investment income 7/21/2011 7/25/2011  

Putnam High Yield Trust - Class C Shares (PCHYX)

$0.0410 per share investment income 7/21/2011 7/25/2011  

Putnam High Yield Trust - Class M Shares (PHIMX)

$0.0430 per share investment income 7/21/2011 7/25/2011  

Putnam High Yield Trust - Class R Shares (PHDRX)

$0.0440 per share investment income 7/21/2011 7/25/2011  

Putnam High Yield Trust - Class Y Shares (PHYYX)

$0.0460 per share investment income 7/21/2011 7/25/2011  

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

$0.0110 per share investment income 7/21/2011 7/25/2011  

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

$0.0110 per share investment income 7/21/2011 7/25/2011  

Putnam Retirement Income Fund Lifestyle 3*- Class M Shares (a)

$0.0150 per share investment income 7/21/2011 7/25/2011  

Putnam Retirement Income Fund Lifestyle 3* - Class R Shares (a)

$0.0150 per share investment income 7/21/2011 7/25/2011  

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

$0.0190 per share investment income 7/21/2011 7/25/2011  

(a) Quotron symbol pending

*Formerly the Putnam Income Strategies Fund