The Trustees of The Putnam Funds have declared the following distributions.
| Class A | Ex Date | Regular Distribution Per Share | |||||||
| Fund | Press Release | Record Date | Pay Date | Class A | Class B | Class C | Class R | Class Y | Class R6 | 
| Putnam Dynamic Risk Allocation Fund | 1/24/2023 | 1/24/2023 | 1/26/2023 | PDREX | PDRBX | PDRFX | PDRRX | PDRYX | PDRGX | 
| *Investment Income Distribution: | 0.1690 | 0.1600 | 0.1630 | 0.1680 | 0.1700 | 0.1720 | |||
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Contacts
PUTNAM SHAREHOLDERS CONTACT: 1-800-225-1581