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 a sales charge of 5.75% for the Goal-Based, Age-Based, Absolute Return 500 and 700 funds, and Equity Asset Class Options, and 4.00% for the Fixed-Income Asset Class Option. The Government Money Market option does not have an initial sales charge or CDSC, and Absolute Return 100 and 300 Funds initial sales charge is 1.00%. 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.

Indexes are unmanaged and used as a broad measure of market performance. It is not possible to invest directly in an index. Past performance is not indicative of future results. Please see the offering statement for more information.

Fund Facts as of 09/30/17

Fiscal Year End June
Category Equity
Product Status Open to new investors
Inception 06/27/12
Fund Code 4169
CUSIP 74675T378
Number of Accounts 847
Outstanding Shares 377,862
Total Net assets $7.75M

Literature


Performance

Total Return (%) as of 09/30/17

Annualized Performance 1 yr. 3 yrs. 5 yrs. Life (inception: 06/27/12)
Putnam 529 SSGA S&P 500 Index Fund (after sales charge) 11.11% 8.04% 12.21% 13.34%
Putnam 529 SSGA S&P 500 Index Fund (before sales charge) 17.88% 10.20% 13.55% 14.63%

Annual Performance as of 09/30/17

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

Pricing as of 10/20/17

Class Before Sales Charge NAV CHANGE After Sales Charge 52 Week High NAV
(Date)
52 Week Low NAV
(Date)
A $20.97 $0.11 $22.25 $20.97 (10/20/17) $16.75 (11/04/16)

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 a sales charge of 5.75% for the Goal-Based, Age-Based, Absolute Return 500 and 700 funds, and Equity Asset Class Options, and 4.00% for the Fixed-Income Asset Class Option. The Government Money Market option does not have an initial sales charge or CDSC, and Absolute Return 100 and 300 Funds initial sales charge is 1.00%. 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.

Indexes are unmanaged and used as a broad measure of market performance. It is not possible to invest directly in an index. Past performance is not indicative of future results. Please see the offering statement for more information.


Performance Snapshot

  Before sales charge After sales charge
Monthly 1.99 % -3.87 %
as of 09/30/17
YTD 16.31 % 9.62 %
as of 10/20/17

Holdings

Top Holdings as of 09/30/17

Me3 - Put 529 Ssga S&P 500 Index Fund Class Y 99.72%
Putnam Govt Mmkt Fnd-A 0.35%
Top holdings, total: 100.07%


Expenses

Expense ratio

Class A† Class B Class C
Total expense ratio 0.55% 1.30% 1.30%
What you pay 0.55% 1.30% 1.30%

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. 0.00% 5.00% 1.00%
2 yrs. -- 4.00% --
3 yrs. -- 3.00% --
4 yrs. -- 3.00% --
5 yrs. -- 2.00% --
6 yrs. -- 1.00% --
7+ yrs. -- 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%.