| UNITED STATES SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM N-Q | ||
| QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY | ||
| Investment Company Act file number: | (811-07513) |
| Exact name of registrant as specified in charter: | Putnam Funds Trust |
| Address of principal executive offices: | One Post Office Square, Boston, Massachusetts 02109 |
| Name and address of agent for service: | Robert T. Burns, Vice President One Post Office Square Boston, Massachusetts 02109 |
| Copy to: | John W. Gerstmayr, Esq. Ropes & Gray LLP 800 Boylston Street Boston, Massachusetts 02199-3600 |
| Registrant’s telephone number, including area code: | (617) 292-1000 |
| Date of fiscal year end: | April 30, 2013 |
| Date of reporting period: | January 31, 2013 |
Item 1. Schedule of Investments: |
| Putnam Multi-Cap Core Fund | ||||||
| The fund's portfolio | ||||||
| 1/31/13 (Unaudited) | ||||||
| COMMON STOCKS (93.1%)(a) | ||||||
| Shares | Value | |||||
| Aerospace and defense (3.5%) | ||||||
| Boeing Co. (The) | 633 | $46,760 | ||||
| General Dynamics Corp. | 421 | 27,912 | ||||
| Honeywell International, Inc. | 1,513 | 103,247 | ||||
| L-3 Communications Holdings, Inc. | 1,000 | 75,920 | ||||
| Northrop Grumman Corp. | 652 | 42,406 | ||||
| Raytheon Co. | 404 | 21,283 | ||||
| United Technologies Corp. | 867 | 75,923 | ||||
| 393,451 | ||||||
| Air freight and logistics (0.5%) | ||||||
| FedEx Corp. | 540 | 54,783 | ||||
| 54,783 | ||||||
| Airlines (0.8%) | ||||||
| Copa Holdings SA Class A (Panama) | 211 | 23,126 | ||||
| Delta Air Lines, Inc.(NON) | 1,497 | 20,793 | ||||
| Southwest Airlines Co. | 2,267 | 25,413 | ||||
| Spirit Airlines, Inc.(NON) | 1,127 | 21,853 | ||||
| 91,185 | ||||||
| Auto components (0.4%) | ||||||
| Johnson Controls, Inc. | 1,381 | 42,935 | ||||
| 42,935 | ||||||
| Automobiles (0.3%) | ||||||
| Ford Motor Co. | 2,529 | 32,751 | ||||
| 32,751 | ||||||
| Beverages (1.6%) | ||||||
| Coca-Cola Co. (The) | 904 | 33,665 | ||||
| Coca-Cola Enterprises, Inc. | 1,550 | 54,049 | ||||
| Cott Corp. (Canada) | 4,602 | 41,694 | ||||
| Diageo PLC ADR (United Kingdom) | 226 | 26,962 | ||||
| PepsiCo, Inc. | 405 | 29,504 | ||||
| 185,874 | ||||||
| Biotechnology (2.7%) | ||||||
| Amgen, Inc. | 977 | 83,494 | ||||
| Celgene Corp.(NON) | 511 | 50,569 | ||||
| Cubist Pharmaceuticals, Inc.(NON) | 761 | 32,753 | ||||
| Elan Corp. PLC ADR (Ireland)(NON) | 2,233 | 23,469 | ||||
| Gilead Sciences, Inc.(NON) | 1,946 | 76,770 | ||||
| United Therapeutics Corp.(NON) | 595 | 32,065 | ||||
| 299,120 | ||||||
| Capital markets (2.4%) | ||||||
| Ameriprise Financial, Inc. | 650 | 43,108 | ||||
| Apollo Global Management, LLC. Class A | 1,838 | 40,932 | ||||
| Goldman Sachs Group, Inc. (The) | 393 | 58,109 | ||||
| Morgan Stanley | 1,958 | 44,740 | ||||
| State Street Corp. | 807 | 44,910 | ||||
| SWS Group, Inc.(NON) | 5,222 | 34,413 | ||||
| 266,212 | ||||||
| Chemicals (3.3%) | ||||||
| Celanese Corp. Ser. A | 485 | 22,737 | ||||
| CF Industries Holdings, Inc. | 190 | 43,542 | ||||
| Dow Chemical Co. (The) | 1,516 | 48,815 | ||||
| Huntsman Corp. | 1,208 | 21,297 | ||||
| LyondellBasell Industries NV Class A | 438 | 27,778 | ||||
| Monsanto Co. | 655 | 66,384 | ||||
| PPG Industries, Inc.(WIS) | 373 | 51,426 | ||||
| Sherwin-Williams Co. (The) | 134 | 21,727 | ||||
| W.R. Grace & Co.(NON) | 493 | 35,397 | ||||
| Westlake Chemical Corp. | 302 | 27,742 | ||||
| 366,845 | ||||||
| Commercial banks (2.5%) | ||||||
| Bancorp, Inc. (The)(NON) | 4,600 | 54,188 | ||||
| Capital Bank Financial Corp. Class A(NON) | 1,739 | 26,902 | ||||
| National Bank Holdings Corp. Class A | 499 | 9,007 | ||||
| PNC Financial Services Group, Inc. | 958 | 59,204 | ||||
| Regions Financial Corp. | 4,725 | 36,761 | ||||
| Wells Fargo & Co. | 2,771 | 96,514 | ||||
| 282,576 | ||||||
| Commercial services and supplies (1.3%) | ||||||
| ADT Corp. (The) | 729 | 34,628 | ||||
| Cintas Corp. | 778 | 32,878 | ||||
| G&K Services, Inc. Class A | 1,004 | 40,200 | ||||
| Tyco International, Ltd. | 1,224 | 37,002 | ||||
| 144,708 | ||||||
| Communications equipment (2.1%) | ||||||
| Acme Packet, Inc.(NON) | 1,670 | 40,364 | ||||
| Cisco Systems, Inc. | 4,837 | 99,497 | ||||
| Polycom, Inc.(NON) | 2,048 | 22,589 | ||||
| Qualcomm, Inc. | 1,187 | 78,378 | ||||
| 240,828 | ||||||
| Computers and peripherals (3.0%) | ||||||
| Apple, Inc. | 435 | 198,060 | ||||
| EMC Corp.(NON) | 3,104 | 76,389 | ||||
| Hewlett-Packard Co. | 1,410 | 23,279 | ||||
| SanDisk Corp.(NON) | 784 | 39,192 | ||||
| 336,920 | ||||||
| Construction and engineering (0.6%) | ||||||
| Fluor Corp. | 1,079 | 69,952 | ||||
| 69,952 | ||||||
| Consumer finance (0.5%) | ||||||
| Discover Financial Services | 1,536 | 58,967 | ||||
| 58,967 | ||||||
| Containers and packaging (0.4%) | ||||||
| Bemis Co., Inc. | 567 | 20,231 | ||||
| Packaging Corp. of America | 729 | 28,015 | ||||
| 48,246 | ||||||
| Diversified financial services (4.2%) | ||||||
| Bank of America Corp. | 8,732 | 98,846 | ||||
| Citigroup, Inc. | 2,491 | 105,021 | ||||
| JPMorgan Chase & Co. | 5,068 | 238,449 | ||||
| Nasdaq OMX Group, Inc. (The) | 1,088 | 30,812 | ||||
| 473,128 | ||||||
| Diversified telecommunication services (1.2%) | ||||||
| AT&T, Inc. | 943 | 32,807 | ||||
| Iridium Communications, Inc.(NON) | 3,460 | 24,220 | ||||
| Verizon Communications, Inc. | 1,847 | 80,548 | ||||
| 137,575 | ||||||
| Electric utilities (0.7%) | ||||||
| American Electric Power Co., Inc. | 562 | 25,453 | ||||
| NV Energy, Inc. | 1,012 | 19,157 | ||||
| PPL Corp. | 1,310 | 39,680 | ||||
| 84,290 | ||||||
| Electrical equipment (0.2%) | ||||||
| Rockwell Automation, Inc. | 240 | 21,406 | ||||
| 21,406 | ||||||
| Energy equipment and services (2.4%) | ||||||
| Cameron International Corp.(NON) | 611 | 38,682 | ||||
| Diamond Offshore Drilling, Inc. | 353 | 26,507 | ||||
| Ensco PLC Class A (United Kingdom) | 428 | 27,208 | ||||
| Halliburton Co. | 641 | 26,076 | ||||
| Nabors Industries, Ltd.(NON) | 3,245 | 54,094 | ||||
| Schlumberger, Ltd. | 1,143 | 89,211 | ||||
| Seadrill Partners, LLC (Units) (United Kingdom)(NON) | 326 | 9,438 | ||||
| 271,216 | ||||||
| Food and staples retail (2.4%) | ||||||
| Costco Wholesale Corp. | 298 | 30,497 | ||||
| CVS Caremark Corp. | 1,605 | 82,176 | ||||
| Kroger Co. (The) | 3,095 | 85,732 | ||||
| Safeway, Inc. | 863 | 16,613 | ||||
| Wal-Mart Stores, Inc. | 833 | 58,268 | ||||
| 273,286 | ||||||
| Food products (0.2%) | ||||||
| Amira Nature Foods, Ltd. (United Arab Emirates)(NON) | 3,908 | 26,887 | ||||
| 26,887 | ||||||
| Health-care equipment and supplies (2.3%) | ||||||
| Abbott Laboratories | 442 | 14,975 | ||||
| Baxter International, Inc. | 803 | 54,476 | ||||
| Becton, Dickinson and Co. | 304 | 25,548 | ||||
| CareFusion Corp.(NON) | 886 | 27,501 | ||||
| Covidien PLC | 1,243 | 77,489 | ||||
| Stryker Corp. | 410 | 25,687 | ||||
| Zimmer Holdings, Inc. | 447 | 33,346 | ||||
| 259,022 | ||||||
| Health-care providers and services (3.5%) | ||||||
| Aetna, Inc. | 2,384 | 114,980 | ||||
| Air Methods Corp. | 1,077 | 47,086 | ||||
| Cardinal Health, Inc. | 695 | 30,448 | ||||
| HCA Holdings, Inc. | 1,305 | 49,133 | ||||
| Laboratory Corp. of America Holdings(NON) | 315 | 28,193 | ||||
| McKesson Corp. | 404 | 42,513 | ||||
| UnitedHealth Group, Inc. | 1,455 | 80,331 | ||||
| 392,684 | ||||||
| Hotels, restaurants, and leisure (1.9%) | ||||||
| Ignite Restaurant Group, Inc.(NON) | 3,761 | 54,535 | ||||
| Marriott Vacations Worldwide Corp.(NON) | 587 | 26,051 | ||||
| McDonald's Corp. | 320 | 30,493 | ||||
| Red Robin Gourmet Burgers, Inc.(NON) | 2,061 | 76,195 | ||||
| Wyndham Worldwide Corp. | 400 | 22,316 | ||||
| 209,590 | ||||||
| Household durables (1.4%) | ||||||
| Jarden Corp.(NON) | 445 | 26,184 | ||||
| Newell Rubbermaid, Inc. | 1,190 | 27,941 | ||||
| PulteGroup, Inc.(NON) | 2,780 | 57,657 | ||||
| Whirlpool Corp. | 381 | 43,960 | ||||
| 155,742 | ||||||
| Household products (1.4%) | ||||||
| Colgate-Palmolive Co. | 202 | 21,689 | ||||
| Energizer Holdings, Inc. | 435 | 37,849 | ||||
| Harbinger Group, Inc.(NON) | 3,473 | 28,479 | ||||
| Kimberly-Clark Corp. | 393 | 35,177 | ||||
| Procter & Gamble Co. (The) | 476 | 35,776 | ||||
| 158,970 | ||||||
| Independent power producers and energy traders (0.6%) | ||||||
| Calpine Corp.(NON) | 1,713 | 33,797 | ||||
| NRG Energy, Inc. | 1,615 | 38,760 | ||||
| 72,557 | ||||||
| Industrial conglomerates (1.2%) | ||||||
| Danaher Corp. | 455 | 27,268 | ||||
| General Electric Co. | 4,782 | 106,543 | ||||
| 133,811 | ||||||
| Insurance (4.1%) | ||||||
| ACE, Ltd. | 440 | 37,545 | ||||
| Aflac, Inc. | 983 | 52,158 | ||||
| Allstate Corp. (The) | 854 | 37,491 | ||||
| American International Group, Inc.(NON) | 1,222 | 46,228 | ||||
| Hartford Financial Services Group, Inc. (The) | 1,519 | 37,671 | ||||
| MetLife, Inc. | 3,178 | 118,667 | ||||
| Prudential Financial, Inc. | 1,319 | 76,344 | ||||
| Travelers Cos., Inc. (The) | 731 | 57,354 | ||||
| 463,458 | ||||||
| Internet and catalog retail (0.4%) | ||||||
| Amazon.com, Inc.(NON) | 88 | 23,364 | ||||
| Priceline.com, Inc.(NON) | 37 | 25,362 | ||||
| 48,726 | ||||||
| Internet software and services (2.4%) | ||||||
| Brightcove, Inc.(NON) | 2,658 | 22,380 | ||||
| eBay, Inc.(NON) | 935 | 52,295 | ||||
| ExactTarget, Inc.(NON) | 1,911 | 42,023 | ||||
| Google, Inc. Class A(NON) | 204 | 154,161 | ||||
| 270,859 | ||||||
| IT Services (3.6%) | ||||||
| Accenture PLC Class A | 519 | 37,311 | ||||
| Alliance Data Systems Corp.(NON) | 523 | 82,425 | ||||
| Computer Sciences Corp. | 1,217 | 50,871 | ||||
| Fidelity National Information Services, Inc. | 1,312 | 48,688 | ||||
| IBM Corp. | 448 | 90,975 | ||||
| Total Systems Services, Inc. | 2,471 | 57,451 | ||||
| Unisys Corp.(NON) | 403 | 8,951 | ||||
| Visa, Inc. Class A | 202 | 31,898 | ||||
| 408,570 | ||||||
| Leisure equipment and products (0.5%) | ||||||
| Hasbro, Inc. | 722 | 26,981 | ||||
| LeapFrog Enterprises, Inc.(NON) | 3,328 | 29,985 | ||||
| 56,966 | ||||||
| Life sciences tools and services (0.5%) | ||||||
| PerkinElmer, Inc. | 683 | 24,069 | ||||
| Thermo Fisher Scientific, Inc. | 385 | 27,774 | ||||
| 51,843 | ||||||
| Machinery (2.2%) | ||||||
| Caterpillar, Inc. | 527 | 51,852 | ||||
| CNH Global NV | 745 | 35,566 | ||||
| Douglas Dynamics, Inc. | 1,614 | 21,273 | ||||
| Flowserve Corp. | 142 | 22,261 | ||||
| Ingersoll-Rand PLC | 531 | 27,288 | ||||
| Joy Global, Inc. | 475 | 30,006 | ||||
| Trinity Industries, Inc. | 748 | 29,696 | ||||
| Wabtec Corp. | 270 | 25,277 | ||||
| 243,219 | ||||||
| Marine (0.3%) | ||||||
| Kirby Corp.(NON) | 563 | 39,776 | ||||
| 39,776 | ||||||
| Media (2.9%) | ||||||
| Comcast Corp. Class A | 2,973 | 113,212 | ||||
| DISH Network Corp. Class A | 1,348 | 50,240 | ||||
| Gannett Co., Inc. | 2,380 | 46,719 | ||||
| News Corp. Class A | 1,968 | 54,592 | ||||
| Time Warner Cable, Inc. | 376 | 33,592 | ||||
| Viacom, Inc. Class B | 448 | 27,037 | ||||
| 325,392 | ||||||
| Metals and mining (1.1%) | ||||||
| Freeport-McMoRan Copper & Gold, Inc. Class B (Indonesia) | 1,257 | 44,309 | ||||
| SunCoke Energy Partners LP (Units)(NON) | 1,300 | 25,831 | ||||
| Teck Resources, Ltd. Class B (Canada) | 1,380 | 50,356 | ||||
| 120,496 | ||||||
| Multi-utilities (1.1%) | ||||||
| CenterPoint Energy, Inc. | 1,967 | 40,205 | ||||
| DTE Energy Co. | 576 | 36,467 | ||||
| Public Service Enterprise Group, Inc. | 1,387 | 43,247 | ||||
| 119,919 | ||||||
| Multiline retail (1.1%) | ||||||
| J.C. Penney Co., Inc. | 785 | 15,959 | ||||
| Macy's, Inc. | 1,244 | 49,150 | ||||
| Target Corp. | 1,000 | 60,410 | ||||
| 125,519 | ||||||
| Office electronics (0.3%) | ||||||
| Xerox Corp. | 4,894 | 39,201 | ||||
| 39,201 | ||||||
| Oil, gas, and consumable fuels (6.6%) | ||||||
| Alpha Natural Resources, Inc.(NON) | 3,216 | 28,494 | ||||
| Chesapeake Energy Corp. | 454 | 9,162 | ||||
| Chevron Corp. | 1,213 | 139,677 | ||||
| Devon Energy Corp. | 436 | 24,935 | ||||
| Exxon Mobil Corp. | 2,113 | 190,107 | ||||
| Gulfport Energy Corp.(NON) | 1,197 | 49,400 | ||||
| LRR Energy LP | 1,983 | 34,524 | ||||
| Marathon Oil Corp. | 1,257 | 42,248 | ||||
| Noble Energy, Inc. | 227 | 24,468 | ||||
| Occidental Petroleum Corp. | 275 | 24,274 | ||||
| Oiltanking Partners LP (Units) | 470 | 18,908 | ||||
| Royal Dutch Shell PLC ADR (United Kingdom) | 805 | 56,769 | ||||
| Summit Midstream Partners LP (units)(NON) | 1,454 | 31,799 | ||||
| Suncor Energy, Inc. (Canada) | 1,417 | 48,206 | ||||
| Valero Energy Corp. | 623 | 27,244 | ||||
| 750,215 | ||||||
| Paper and forest products (0.2%) | ||||||
| International Paper Co. | 466 | 19,302 | ||||
| 19,302 | ||||||
| Personal products (0.1%) | ||||||
| Herbalife, Ltd. | 286 | 10,388 | ||||
| 10,388 | ||||||
| Pharmaceuticals (4.7%) | ||||||
| AbbVie, Inc.(NON) | 1,258 | 46,150 | ||||
| Eli Lilly & Co. | 912 | 48,965 | ||||
| Johnson & Johnson | 1,214 | 89,739 | ||||
| Merck & Co., Inc. | 3,263 | 141,125 | ||||
| Pfizer, Inc. | 7,234 | 197,344 | ||||
| Zoetis. Inc.(NON) | 173 | 4,498 | ||||
| 527,821 | ||||||
| Professional services (0.2%) | ||||||
| Equifax, Inc. | 449 | 26,356 | ||||
| 26,356 | ||||||
| Real estate investment trusts (REITs) (0.6%) | ||||||
| American Campus Communities, Inc. | 693 | 32,273 | ||||
| Weyerhaeuser Co. | 1,066 | 32,108 | ||||
| 64,381 | ||||||
| Road and rail (0.6%) | ||||||
| Canadian National Railway Co. (Canada) | 353 | 33,768 | ||||
| Union Pacific Corp. | 243 | 31,945 | ||||
| 65,713 | ||||||
| Semiconductors and semiconductor equipment (0.8%) | ||||||
| Applied Materials, Inc. | 1,959 | 25,291 | ||||
| Intel Corp. | 1,694 | 35,642 | ||||
| Texas Instruments, Inc. | 756 | 25,008 | ||||
| 85,941 | ||||||
| Software (3.7%) | ||||||
| FleetMatics Group PLC (Ireland)(NON) | 854 | 21,410 | ||||
| Microsoft Corp. | 7,283 | 200,064 | ||||
| Oracle Corp. | 4,229 | 150,172 | ||||
| Symantec Corp.(NON) | 2,345 | 51,051 | ||||
| 422,697 | ||||||
| Specialty retail (3.3%) | ||||||
| American Eagle Outfitters, Inc. | 1,267 | 25,606 | ||||
| Best Buy Co., Inc. | 1,644 | 26,731 | ||||
| Chico's FAS, Inc. | 1,557 | 27,917 | ||||
| Foot Locker, Inc. | 1,377 | 47,300 | ||||
| Gap, Inc. (The) | 943 | 30,817 | ||||
| Home Depot, Inc. (The) | 940 | 62,905 | ||||
| Lowe's Cos., Inc. | 1,012 | 38,648 | ||||
| PetSmart, Inc. | 351 | 22,959 | ||||
| Ross Stores, Inc. | 932 | 55,640 | ||||
| TJX Cos., Inc. (The) | 714 | 32,259 | ||||
| 370,782 | ||||||
| Textiles, apparel, and luxury goods (0.7%) | ||||||
| Coach, Inc. | 538 | 27,438 | ||||
| Fossil, Inc.(NON) | 256 | 27,028 | ||||
| Michael Kors Holdings, Ltd. (Hong Kong)(NON) | 506 | 28,402 | ||||
| 82,868 | ||||||
| Tobacco (1.3%) | ||||||
| Lorillard, Inc. | 876 | 34,225 | ||||
| Philip Morris International, Inc. | 1,231 | 108,525 | ||||
| 142,750 | ||||||
| Wireless telecommunication services (0.3%) | ||||||
| MetroPCS Communications, Inc.(NON) | 1,629 | 16,339 | ||||
| Sprint Nextel Corp.(NON) | 2,498 | 14,064 | ||||
| 30,403 | ||||||
| Total common stocks (cost $9,073,902) | $10,499,078 | |||||
| INVESTMENT COMPANIES (0.8%)(a) | ||||||
| Shares | Value | |||||
| SPDR S&P Homebuilders ETF | 3,321 | $95,711 | ||||
| Total investment companies (cost $65,543) | $95,711 | |||||
| CONVERTIBLE PREFERRED STOCKS (0.2%)(a) | ||||||
| Shares | Value | |||||
| Iridium Communications, Inc. 144A $7.00 cv. pfd. | 213 | $21,194 | ||||
| Unisys Corp. Ser. A, 6.25% cv. pfd. | 61 | 3,935 | ||||
| Total convertible preferred stocks (cost $27,400) | $25,129 | |||||
| SHORT-TERM INVESTMENTS (2.6%)(a) | ||||||
| Shares | Value | |||||
| Putnam Money Market Liquidity Fund 0.10%(AFF) | 295,509 | $295,509 | ||||
| Total short-term investments (cost $295,509) | $295,509 | |||||
| TOTAL INVESTMENTS | ||||||
| Total investments (cost $9,462,354)(b) | $10,915,427 | |||||
| When-issued securities sold at 1/31/2013 (Unaudited) | |||
| COMMON STOCKS (0.1%)(a) | Shares | Value | |
| Axiall Corp.(NON)(WIS) | 121 | $6,801 | |
| Total when-issued securities sold (proceeds $6,801) | $6,801 | ||
| Key to holding's abbreviations | |||
| ADR | American Depository Receipts: represents ownership of foreign securities on deposit with a custodian bank | ||
| ETF | Exchange Traded Fund | ||
| SPDR | S&P Depository Receipts | ||
| Notes to the fund's portfolio | ||||||
| Unless noted otherwise, the notes to the fund's portfolio are for the close of the fund's reporting period, which ran from May 1, 2012 through January 31, 2013 (the reporting period). Within the following notes to the portfolio, references to “ASC 820” represent Accounting Standards Codification ASC 820 Fair Value Measurements and Disclosures, references to “Putnam Management” represent Putnam Investment Management, LLC, the fund's manager, an indirect wholly-owned subsidiary of Putnam Investments, LLC and references to “OTC”, if any, represent over-the-counter. | ||||||
| (a) | Percentages indicated are based on net assets of $11,281,561. | |||||
| (b) | The aggregate identified cost on a tax basis is $9,461,046, resulting in gross unrealized appreciation and depreciation of $1,687,039 and $232,658, respectively, or net unrealized appreciation of $1,454,381. | |||||
| (NON) | Non-income-producing security. | |||||
| (AFF) | Affiliated company. The rate quoted in the security description is the annualized 7-day yield of the fund at the close of the reporting period. Transactions during the period with Putnam Money Market Liquidity Fund, which is under common ownership and control, were as follows: | |||||
| Name of affiliate | Market value at the beginning of the reporting period | Purchase cost | Sale proceeds | Investment income | Market value at the end of the reporting period | |
| Putnam Money Market Liquidity Fund * | $190,872 | $1,542,226 | $1,437,589 | $164 | $295,509 | |
| * Management fees charged to Putnam Money Market Liquidity Fund have been waived by Putnam Management. | ||||||
| (WIS) | PPG Industries, Inc. announced a spin-off of operations to Axiall Corp. that was to close after the close of the reporting period. Prior to the close of the reporting period, the fund entered into a when-issued sale for a portion of its Axiall Corp. spin-off shares. | |||||
| At the close of the reporting period, the fund maintained liquid assets totaling $28,151 to cover certain derivatives contracts and securities sold short. | ||||||
| 144A after the name of an issuer represents securities exempt from registration under Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. | ||||||
| Security valuation: Investments for which market quotations are readily available are valued at the last reported sales price on their principal exchange, or official closing price for certain markets, and are classified as Level 1 securities under ASC 820. If no sales are reported, as in the case of some securities that are traded OTC, a security is valued at its last reported bid price and is generally categorized as a Level 2 security. | ||||||
| Investments in open-end investment companies (excluding exchange traded funds), if any, which can be classified as Level 1 or Level 2 securities, are based on their net asset value. The net asset value of such investment companies equals the total value of their assets less their liabilities and divided by the number of their outstanding shares. | ||||||
| Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange and therefore the closing prices for securities in such markets or on such exchanges may not fully reflect events that occur after such close but before the close of the New York Stock Exchange. Accordingly, on certain days, the fund will fair value foreign equity securities taking into account multiple factors including movements in the U.S. securities markets, currency valuations and comparisons to the valuation of American Depository Receipts, exchange-traded funds and futures contracts. These securities, which would generally be classified as Level 1 securities, will be transferred to Level 2 of the fair value hierarchy when they are valued at fair value. The number of days on which fair value prices will be used will depend on market activity and it is possible that fair value prices will be used by the fund to a significant extent. Securities quoted in foreign currencies, if any, are translated into U.S. dollars at the current exchange rate. | ||||||
| To the extent a pricing service or dealer is unable to value a security or provides a valuation that Putnam Management does not believe accurately reflects the security's fair value, the security will be valued at fair value by Putnam Management. Certain investments, including certain restricted and illiquid securities and derivatives, are also valued at fair value following procedures approved by the Trustees. These valuations consider such factors as significant market or specific security events such as interest rate or credit quality changes, various relationships with other securities, discount rates, U.S. Treasury, U.S. swap and credit yields, index levels, convexity exposures and recovery rates. These securities are classified as Level 2 or as Level 3 depending on the priority of the significant inputs. | ||||||
| Such valuations and procedures are reviewed periodically by the Trustees. The fair value of securities is generally determined as the amount that the fund could reasonably expect to realize from an orderly disposition of such securities over a reasonable period of time. By its nature, a fair value price is a good faith estimate of the value of a security in a current sale and does not reflect an actual market price, which may be different by a material amount. | ||||||
| ASC 820 establishes a three-level hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of the fund’s investments. The three levels are defined as follows: | ||||
| Level 1: Valuations based on quoted prices for identical securities in active markets. | ||||
| Level 2: Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. | ||||
| Level 3: Valuations based on inputs that are unobservable and significant to the fair value measurement. | ||||
| The following is a summary of the inputs used to value the fund’s net assets as of the close of the reporting period: | ||||
| Valuation inputs | ||||
|
| ||||
| Investments in securities: | Level 1 | Level 2 | Level 3 | |
| Common stocks: | ||||
| Consumer discretionary | $1,451,271 | $— | $— | |
| Consumer staples | 798,155 | — | — | |
| Energy | 1,021,431 | — | — | |
| Financials | 1,608,722 | — | — | |
| Health care | 1,530,490 | — | — | |
| Industrials | 1,284,360 | — | — | |
| Information technology | 1,805,016 | — | — | |
| Materials | 554,889 | — | — | |
| Telecommunication services | 167,978 | — | — | |
| Utilities | 276,766 | — | — | |
| Total common stocks | 10,499,078 | — | — | |
| Convertible preferred stocks | — | 25,129 | — | |
| Investment companies | 95,711 | — | — | |
| Short-term investments | 295,509 | — | — | |
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|
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| Totals by level | $10,890,298 | $25,129 | $— | |
| Valuation inputs | ||||
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| Other financial instruments: | Level 1 | Level 2 | Level 3 | |
| When-issued securities sold | $— | $(6,801) | $— | |
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|
|
|
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| Totals by level | $— | $(6,801) | $— | |
| For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnaminvestments.com | ||||
| Item 2. Controls and Procedures: |
| (a) The registrant’s principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms. |
| (b) Changes in internal control over financial reporting: Not applicable |
| Item 3. Exhibits: |
| Separate certifications for the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended, are filed herewith. |
| SIGNATURES |
| Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
| Putnam Funds Trust |
| By (Signature and Title): |
| /s/ Janet C. Smith Janet C. Smith Principal Accounting Officer Date: March 28, 2013 |
| Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. |
| By (Signature and Title): |
| /s/ Jonathan S. Horwitz Jonathan S. Horwitz Principal Executive Officer Date: March 28, 2013 |
| By (Signature and Title): |
| /s/ Steven D. Krichmar Steven D. Krichmar Principal Financial Officer Date: March 28, 2013 |
| Certifications | |
| I, Jonathan S. Horwitz, the Principal Executive Officer of the funds listed on Attachment A, certify that: | |
1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: | |
2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; | |
3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; | |
4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have: | |
a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; | |
b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | |
c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and | |
d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and | |
5. The registrant’s other certifying officer and I have disclosed to each registrant’s auditors and the audit committee of each registrant’s board of directors (or persons performing the equivalent functions): | |
a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant’s ability to record, process, summarize, and report financial information; and | |
b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant’s internal control over financial reporting. | |
/s/ Jonathan S. Horwitz | |
| _____________________________ | |
Date: March 27, 2013 | |
| Jonathan S. Horwitz | |
| Principal Executive Officer | |
Certifications | |
| I, Steven D. Krichmar, the Principal Financial Officer of the funds listed on Attachment A, certify that: | |
1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: | |
2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; | |
3. Based on my knowledge, the schedules of investments included in each report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; | |
4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrants and have: | |
a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; | |
b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | |
c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and | |
d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and | |
5. The registrant’s other certifying officer and I have disclosed to each registrant’s auditors and the audit committee of each registrant’s board of directors (or persons performing the equivalent functions): | |
a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect each registrant’s ability to record, process, summarize, and report financial information; and | |
b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant’s internal control over financial reporting. | |
/s/ Steven D. Krichmar | |
| _______________________________ | |
Date: March 27, 2013 | |
| Steven D. Krichmar | |
| Principal Financial Officer | |
Attachment A | |
Period (s) ended January 31, 2013 | |
| Putnam Managed Municipal Income Trust | |
| Putnam Municipal Opportunities Trust | |
| Putnam Multi-Cap Value Fund | |
| Putnam Multi-Cap Core Fund | |
| The Putnam Fund for Growth and Income | |
| Putnam Capital Opportunities Fund | |
| Putnam Income Fund | |
| Putnam Global Income Trust | |
| Putnam Global Equity Fund | |
| Putnam Convertible Securities Fund | |
| Putnam Absolute Return 100 Fund | |
| Putnam Absolute Return 300 Fund | |
| Putnam Absolute Return 500 Fund | |
| Putnam Absolute Return 700 Fund | |
| Putnam Capital Spectrum Fund | |
| Putnam Equity Spectrum Fund | |
| Putnam Asia Pacific Equity Fund | |
| Putnam Global Sector Fund |