Putnam 529 SSGA S&P 500 Index Fund

SSgA S&P 500 Index Fund seeks to replicate as closely as possible, before expenses, the performance of the S&P 500 Index. The index includes common stocks of 500 companies from a number of sectors representing a significant portion of the market value of all stocks publicly traded in the United States.

Fund Description

The Individual Fund Investment Options enable Account Owners to build portfolios concentrating on specific asset classes such as large capitalization equity growth, international equity or investment grade fixed income. Doing so permits Account Owners to tailor investments to their specific investment needs and objectives that may not be met by the broader Asset Allocation Investment Options.

Data is historical. Past performance is not a guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions. Returns after sales charge for class A shares reflect the current maximum initial sales charges of 5.75% for the Goal-Based and Age-Based options, the Equity Asset Class options, and the Multi-Asset Absolute Return Fund Investment Option, 4.00% for the Fixed-Income Asset Class options, and 1.00% for the Fixed Income Absolute Return Fund Investment Option. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for the Fixed Income Absolute Return Option, which is 1% in the first year, declining to 0.5% in the second year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Class D shares reflect the current maximum initial sales charges of 3.50%. The Government Money Market Fund Investment Option does not have an initial sales charge or CDSC. Performance reflects ongoing fees and expenses, including an annualized 0.20% fee charged by the College Savings Plans of Nevada and the Nevada College Savings Trust Fund and the fees and other expenses of the Putnam Mutual Funds in which the plan invests. The funds' expense ratios are taken from the most recent prospectus and are subject to change.

Fund Facts as of 07/31/18

Fiscal Year End June
Category Equity
Product Status Open to new investors
Inception 06/27/12
Fund Code 4169
CUSIP 74675T378
Number of Accounts 881
Outstanding Shares 390,188
Total Net assets $9.04M

Literature


Performance

Total Return (%) as of 06/30/18

Annualized Performance 1 yr. 3 yrs. 5 yrs. Life (inception: 06/27/12)
Putnam 529 SSGA S&P 500 Index Fund (after sales charge) 7.10% 9.13% 11.44% 13.19%
Putnam 529 SSGA S&P 500 Index Fund (before sales charge) 13.63% 11.31% 12.77% 14.31%

Annual Performance as of 06/30/18

  2013 2014 2015 2016 2017
Putnam 529 SSGA S&P 500 Index Fund (before sales charge) 31.48% 13.03% 0.93% 11.30% 21.13%

Pricing as of 08/13/18

Class Before Sales Charge NAV CHANGE After Sales Charge 52 Week High NAV
(Date)
52 Week Low NAV
(Date)
A $23.22 $-0.09 $24.64 $23.51 (08/07/18) $19.71 (08/18/17)

Data is historical. Past performance is not a guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions. Returns after sales charge for class A shares reflect the current maximum initial sales charges of 5.75% for the Goal-Based and Age-Based options, the Equity Asset Class options, and the Multi-Asset Absolute Return Fund Investment Option, 4.00% for the Fixed-Income Asset Class options, and 1.00% for the Fixed Income Absolute Return Fund Investment Option. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for the Fixed Income Absolute Return Option, which is 1% in the first year, declining to 0.5% in the second year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Class D shares reflect the current maximum initial sales charges of 3.50%. The Government Money Market Fund Investment Option does not have an initial sales charge or CDSC. Performance reflects ongoing fees and expenses, including an annualized 0.20% fee charged by the College Savings Plans of Nevada and the Nevada College Savings Trust Fund and the fees and other expenses of the Putnam Mutual Funds in which the plan invests. The funds' expense ratios are taken from the most recent prospectus and are subject to change.


Performance Snapshot

  Before sales charge After sales charge
Monthly 3.67 % -2.29 %
as of 07/31/18
YTD 6.32 % 0.21 %
as of 08/13/18

Holdings

Top Holdings as of 06/30/18

Me3 - Put 529 Ssga S&P 500 Index Fund Class Y 99.71%
Putnam Govt Mmkt Fnd-A 0.40%
Top holdings, total: 100.11%


Expenses

Expense ratio

Class A† Class B Class C
Total expense ratio 0.54% 1.29% 1.29%
What you pay 0.54% 1.29% 1.29%

Sales Charges / Dealer Allowance

Breakpoint Class A† Class B Class C
$0-$49,999 5.75% / 5.00% 0.00% / 4.00% --
$50,000-$99,999 4.50% / 3.75% 0.00% / 4.00% --
$100,000-$249,999 3.50% / 2.75% -- --
$250,000-$499,999 2.50% / 2.00% -- --
$500,000-$999,999 2.00% / 1.75% -- --
$1m-$4m 0.00% / 1.00% -- --
$4m-$50m 0.00% / 0.50% -- --
$50M+ 0.00% / 0.25% -- --

CDSC

  Class A†
(sales for $1,000,000+ )
Class B Class C
0 to 9 mts. 1.00% 5.00% 1.00%
9 to 12 mts. 1.00% 5.00% 1.00%
2 yrs. 0.00% 4.00% --
3 yrs. 0.00% 3.00% --
4 yrs. 0.00% 3.00% --
5 yrs. 0.00% 2.00% --
6 yrs. 0.00% 1.00% --
7+ yrs. 0.00% 0.00% --

Trail Commissions

  Class A† Class B Class C
  0.25% 0.25% 1.00%
  NA NA NA
  NA NA NA

Portfolio characteristics will vary over time.

Due to rounding, percentages may not equal 100%.