Prospectuses and fund documents

Fund name Prospectuses/
Statement of
Additional
Information (SAI) 		Fact sheet Semiannual
report 		Annual
report
Absolute Return 100 Fund® Pros | SAI Fact sheet April October
Absolute Return 300 Fund® Pros | SAI Fact sheet April October
Absolute Return 500 Fund® Pros | SAI Fact sheet April October
Absolute Return 700 Fund® Pros | SAI Fact sheet April October
American Government Income Fund Pros | SAI Fact sheet March September
AMT-Free Municipal Fund Pros | SAI Fact sheet January July
California Tax Exempt Income Fund Pros | SAI Fact sheet March September
Capital Opportunities Fund Pros | SAI Fact sheet October April
Capital Spectrum Fund Pros | SAI Fact sheet October April
Convertible Securities Fund Pros | SAI Fact sheet April October
Diversified Income Trust Pros | SAI Fact sheet March September
Dynamic Asset Allocation Balanced Fund Pros | SAI Fact sheet March September
Dynamic Asset Allocation Conservative Fund Pros | SAI Fact sheet March September
Dynamic Asset Allocation Growth Fund Pros | SAI Fact sheet March September
Dynamic Risk Allocation Fund Pros | SAI Fact sheet November May
Emerging Markets Equity Fund Pros | SAI Fact sheet February August
Emerging Markets Income Fund Pros | SAI Fact sheet May November
Equity Income Fund** Pros | SAI Fact sheet May November
Equity Spectrum Fund Pros | SAI Fact sheet October April
Europe Equity Fund Pros | SAI Fact sheet December June
Floating Rate Income Fund Pros | SAI Fact sheet August February
George Putnam Balanced Fund Pros | SAI Fact sheet January July
Global Consumer Fund Pros | SAI NA February August
Global Equity Fund Pros | SAI Fact sheet April October
Global Financials Fund Pros | SAI NA February August
Global Health Care Fund Pros | SAI Fact sheet February August
Global Income Trust Pros | SAI Fact sheet April October
Global Industrials Fund Pros | SAI Fact sheet February August
Global Natural Resources Fund** Pros | SAI Fact sheet February August
Global Sector Fund** Pros | SAI NA April October
Global Technology Fund Pros | SAI Fact sheet February August
Global Telecommunications Fund Pros | SAI NA February August
Global Utilities Fund Pros | SAI Fact sheet February August
Government Money Market Fund Pros | SAI Fact sheet November
Growth Opportunities Fund Pros | SAI Fact sheet January July
High Yield Fund‡ Pros | SAI Fact sheet May November
Income Fund Pros | SAI Fact sheet April October
Intermediate-Term Municipal Income Fund Pros | SAI Fact sheet May November
International Capital Opportunities Fund Pros | SAI NA February August
International Equity Fund Pros | SAI Fact sheet December June
International Growth Fund Pros | SAI NA March September
International Value Fund Pros | SAI Fact sheet December June
Investors Fund Pros | SAI Fact sheet January July
Low Volatility Equity Fund Pros | SAI Fact sheet January July
Massachusetts Tax Exempt Income Fund Pros | SAI Fact sheet November May
Minnesota Tax Exempt Income Fund Pros | SAI Fact sheet November May
Money Market Fund Pros | SAI NA March September
Multi-Cap Core Fund Pros | SAI Fact sheet October April
Multi-Cap Growth Fund Pros | SAI Fact sheet December June
Multi-Cap Value Fund Pros | SAI Fact sheet October April
New Jersey Tax Exempt Income Fund Pros | SAI Fact sheet November May
New York Tax Exempt Income Fund Pros | SAI Fact sheet May November
Ohio Tax Exempt Income Fund Pros | SAI Fact sheet November May
Pennsylvania Tax Exempt Income Fund Pros | SAI Fact sheet November May
Putnam PanAgora Managed Futures Strategy Pros | SAI NA NA NA
Putnam PanAgora Market Neutral Fund Pros | SAI NA NA NA
Putnam PanAgora Risk Parity Fund Pros | SAI NA NA NA
Research Fund Pros | SAI Fact sheet January July
Retirement Income Fund Lifestyle 1 Pros | SAI NA January July
RetirementReady 2020 Fund Pros | SAI Fact sheet January July
RetirementReady 2025 Fund Pros | SAI Fact sheet January July
RetirementReady 2030 Fund Pros | SAI Fact sheet January July
RetirementReady 2035 Fund Pros | SAI Fact sheet January July
RetirementReady 2040 Fund Pros | SAI Fact sheet January July
RetirementReady 2045 Fund Pros | SAI Fact sheet January July
RetirementReady 2050 Fund Pros | SAI Fact sheet January July
RetirementReady 2055 Fund Pros | SAI Fact sheet January July
RetirementReady 2060 Fund Pros | SAI Fact sheet January July
Short Duration Income Fund Pros | SAI Fact sheet January July
Short-Term Municipal Income Fund Pros | SAI Fact sheet May November
Small Cap Growth Fund Pros | SAI NA December June
Small Cap Value Fund Pros | SAI Fact sheet August February
Tax Exempt Income Fund Pros | SAI Fact sheet March September
Tax-Free High Yield Fund Pros | SAI Fact sheet January July
U.S. Government Income Trust Pros | SAI Fact sheet March September

‡ As of May 8, 2017, Putnam High Yield Advantage Fund was renamed to Putnam High Yield Fund.

**Effective May 12, 2017, The Putnam Fund for Growth and Income merged into Putnam Equity Income Fund. Effective June 16, 2017, Putnam Global Dividend Fund merged into Putnam Global Sector Fund and Putnam Global Energy Fund merged into Putnam Global Natural Resources Fund.