-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, URm0DkLhUtxW6RlHSbWpXhy4vMYk9R7B2urOM3LpNwtYcTGH/61qHVjCjA39NMcd zgiAeSdzgWHnwz+IGHoT4g== 0001144204-04-001405.txt : 20040213 0001144204-04-001405.hdr.sgml : 20040213 20040213105617 ACCESSION NUMBER: 0001144204-04-001405 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM HIGH INCOME OPPORTUNITIES TRUST CENTRAL INDEX KEY: 0000938380 IRS NUMBER: 046777185 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-78913 FILM NUMBER: 04595614 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 8002551581 MAIL ADDRESS: STREET 1: PUTNAM HIGH INCOME OPPORTUNITIES TRUST STREET 2: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE OPPORTUNITIES & INCOME TRUST DATE OF NAME CHANGE: 19950516 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE & INCOME OPPORTUNITIES TRUST DATE OF NAME CHANGE: 19950221 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PUNCH & ASSOCIATES INVESTMENT MANAGEMENT INC CENTRAL INDEX KEY: 0001280106 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 510 1ST AVENUE N. CITY: MINNEAPOLIS STATE: MN ZIP: 55123 SC 13G 1 punch_pvc13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 PUTNAM HIGH INCOME OPPORTUNITY -------------------------------------------------- (NAME OF ISSUER) COMMON STOCK -------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 746479104 -------------------------------------------------- (CUSIP NUMBER) -------------------------------------------------- (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: {X} RULE 13D-1(B) { } RULE 13D-1(C) { } RULE 13D-1(D) *The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent ammendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 ( Act ) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the notes.) PAGE 1 OF 4 CUSIP NO. 764479104 SCHEDULE 13G PAGE 2 OF 4 (1) NAME AND IRS NUMBER OF REPORTING PERSONS PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. (#82-0566501) (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP A.............{ } B.............{ } (3) SEC USE ONLY (4) CITIZENSHIP OR PLACE OF ORGANIZATION STATE OF MINNESOTA NUMBER OF SHARES OF: (5) SOLE VOTING POWER NONE (6) SHARED VOTING POWER 328,260 (7) SOLE DISPOSITIVE POWER NONE (8) SHARED DISPOSITIVE POWER 328,260 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED 328,260 *SEE NOTE 1* (10) CHECK IF AGGREGATE AMOUNT EXCEEDS CERTAIN SHARES { } (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.85% (12) TYPE OF REPORTING PERSON IA (14) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO FILING {X} RULE 13D-1(b) { } RULE 13D-1(c) { } RULE 13D-1(d) CUSIP 746479104 SCHEDULE 13G PAGE 3 OF 4 ITEM 1 (A) NAME OF ISSUER PuTNAM HIGH INCOME OPPORTUNITY ITEM 1 (B) ADDRESS OF ISSUER 11200 ROCKVILLE PIKE ONE POST OFFICE SQUARE BOSTON, MA 02109 ITEM 2 (A) NAME OF PERSON FILING PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. ITEM 2 (B) ADDRESS OF PERSON FILING 510 FIRST AVE NORTH SUITE 601 MINNEAPOLIS, MN 55403 ITEM 2 (C) CITIZENSHIP MINNESOTA ITEM 2 (D) TITLE OF CLASS OF SECURITIES COMMON STOCK ITEM 2 (E) CUSIP NO. 746479104 ITEM 3 THIS STATEMENT IS BEING FILED BY AN INVESTMENT ADVISOR IN ACCORDANCE WITH RULE 13D-1(B)(1)(ii)(E). CUSIP 746479104 SCHEDULE 13G PAGE 4 OF 4 OWNERSHIP ITEM 4 (A) AMOUNT BENEFICIALLY OWNED 328,260 * SEE NOTE 1 * ITEM 4 (B) PERCENT OF CLASS 8.85% ITEM 4 (C) NUMBER OF SHARES: (i) SOLE POWER TO VOTE NONE (ii) SHARED POWER TO VOTE NONE (iii) SOLE POWER TO DISPOSE NONE (iv) SHARED POWER TO DISPOSE 328,260 ** NOTE 1 ** PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. IS A REGISTERED INVESTMENT ADVISOR, MANAGING INDIVIDUAL CLIENT ACCOUNTS. ALL SHARES REPRESENTED IN THIS REPORT ARE HELD IN ACCOUNTS OWNED BY THE CLIENTS OF PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. BECAUSE OF THIS, PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. DISCLAIMS BENEFICIAL OWNERSHIP. ITEM (5) OWNERSHIP OF LESS THAN FIVE PERCENT CHECK THE FOLLOWING BOX IF THE STATEMENT IS BEING FILED TO NOTIFY THAT THE OWNERSHIP IS NOW LESS THAN FIVE PERCENT { } ITEM (6) OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON ALL SHARES REPRESENTED IN THIS REPORT ARE OWNED BY ADVISORY CLIENTS OF PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. NONE OF WHICH, TO OUR KNOWLEDGE, OWNS FIVE PERCENT OR MORE OF THE CLASS. ITEM (7) IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: NOT APPLICABLE ITEM (8) IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP NOT APPLICABLE ITEM (9) NOTICE OF DISSOLUTION OF GROUP NOT APPLICABLE ITEM (10) CERTIFICATION By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influecing the control of the issuer of such securities and were not acquired in the connection with or as a participant in any transaction having such purposes or effect. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 12, 2004 /s/ Howard Punch ---------------- Howard Punch President -----END PRIVACY-ENHANCED MESSAGE-----