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Lipper rankings as of 3/31/14.
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Putnam Equity Income Fund
Darren A. Jaroch, CFA
Investing since 1996
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Putnam Multi-Cap Value Fund
James A. Polk, CFA
Investing since 1994
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Lipper rankings for class A shares are based on total return without sales charge relative to all share classes of funds with similar objectives as determined by Lipper. Past performance is not indicative of future results.