| 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: | Bryan Chegwidden, Esq. Ropes & Gray LLP 1211 Avenue of the Americas New York, New York 10036 |
| Registrant’s telephone number, including area code: | (617) 292-1000 |
| Date of fiscal year end: | April 30, 2015 |
| Date of reporting period: | January 31, 2015 |
Item 1. Schedule of Investments: |
| Putnam Asia Pacific Equity Fund | ||||||
| The fund's portfolio | ||||||
| 1/31/15 (Unaudited) | ||||||
| COMMON STOCKS (96.5%)(a) | ||||||
| Shares | Value | |||||
| Auto components (1.2%) | ||||||
| Apollo Tyres, Ltd. (India) | 28,413 | $111,092 | ||||
| 111,092 | ||||||
| Automobiles (2.6%) | ||||||
| Tata Motors, Ltd. (India) | 16,142 | 151,940 | ||||
| UMW Holdings Bhd (Malaysia) | 27,800 | 83,330 | ||||
| 235,270 | ||||||
| Banks (18.5%) | ||||||
| Axis Bank, Ltd. (India) | 12,506 | 118,527 | ||||
| Bank Negara Indonesia Persero Tbk PT (Indonesia) | 122,500 | 60,440 | ||||
| Bank of China, Ltd. (China) | 231,000 | 128,856 | ||||
| BOC Hong Kong Holdings, Ltd. (Hong Kong) | 39,000 | 136,372 | ||||
| China Construction Bank Corp. (China) | 308,000 | 246,689 | ||||
| CTBC Financial Holding Co., Ltd. (Taiwan) | 317,993 | 201,772 | ||||
| DBS Group Holdings, Ltd. (Singapore) | 5,000 | 72,825 | ||||
| Federal Bank, Ltd. (India) | 48,523 | 110,949 | ||||
| Industrial & Commercial Bank of China, Ltd. (China) | 212,000 | 151,950 | ||||
| King's Town Bank Co., Ltd. (Taiwan) | 121,000 | 127,959 | ||||
| Philippine National Bank (Philippines)(NON) | 52,242 | 99,401 | ||||
| United Overseas Bank, Ltd. (Singapore) | 14,000 | 239,263 | ||||
| 1,695,003 | ||||||
| Biotechnology (1.3%) | ||||||
| China Biologic Products, Inc. (China)(NON) | 1,798 | 122,516 | ||||
| 122,516 | ||||||
| Capital markets (—%) | ||||||
| BGP Holdings PLC (Malta)(F) | 132,965 | 150 | ||||
| Yuanta Financial Holding Co., Ltd. (Taiwan) | 1 | — | ||||
| 150 | ||||||
| Chemicals (1.0%) | ||||||
| UPL, Ltd. (India) | 14,884 | 88,300 | ||||
| 88,300 | ||||||
| Construction and engineering (4.8%) | ||||||
| China Railway Group, Ltd. (China) | 109,000 | 79,697 | ||||
| China Singyes Solar Technologies Holdings, Ltd. (China) | 49,000 | 68,329 | ||||
| China WindPower Group, Ltd. (China)(NON) | 1,260,000 | 77,844 | ||||
| IRB Infrastructure Developers, Ltd. (India) | 39,895 | 172,750 | ||||
| Surya Semesta Internusa Tbk PT (Indonesia) | 430,900 | 37,202 | ||||
| 435,822 | ||||||
| Consumer finance (0.7%) | ||||||
| Shriram Transport Finance Co., Ltd. (India) | 3,528 | 65,014 | ||||
| 65,014 | ||||||
| Distributors (0.4%) | ||||||
| Jardine Cycle & Carriage, Ltd. (Singapore) | 1,000 | 31,146 | ||||
| 31,146 | ||||||
| Diversified financial services (1.1%) | ||||||
| Chailease Holding Co., Ltd. (Taiwan) | 43,400 | 102,443 | ||||
| 102,443 | ||||||
| Diversified telecommunication services (2.2%) | ||||||
| PCCW, Ltd. (Hong Kong) | 185,564 | 123,163 | ||||
| Telekomunikasi Indonesia Persero Tbk PT (Indonesia) | 343,100 | 76,344 | ||||
| 199,507 | ||||||
| Electric utilities (2.0%) | ||||||
| Korea Electric Power Corp. (South Korea) | 1,627 | 63,497 | ||||
| Tenaga Nasional Bhd (Malaysia) | 30,300 | 120,744 | ||||
| 184,241 | ||||||
| Electronic equipment, instruments, and components (0.8%) | ||||||
| Hollysys Automation Technologies, Ltd. (China)(NON) | 2,753 | 69,348 | ||||
| 69,348 | ||||||
| Energy equipment and services (1.6%) | ||||||
| Ezion Holdings, Ltd. (Singapore) | 102,240 | 96,701 | ||||
| Ezra Holdings, Ltd. (Singapore) | 113,360 | 44,626 | ||||
| 141,327 | ||||||
| Health-care providers and services (1.8%) | ||||||
| CHC Healthcare Group (Taiwan) | 37,000 | 73,526 | ||||
| China Pioneer Pharma Holdings, Ltd. (China) | 120,000 | 88,943 | ||||
| 162,469 | ||||||
| Hotels, restaurants, and leisure (1.4%) | ||||||
| Homeinns Hotel Group ADR (China)(NON) | 2,833 | 70,570 | ||||
| Minor International PCL (Thailand) | 51,800 | 57,371 | ||||
| 127,941 | ||||||
| Household durables (3.3%) | ||||||
| Coway Co., Ltd. (South Korea) | 596 | 47,674 | ||||
| Haier Electronics Group Co., Ltd. (China) | 24,000 | 64,400 | ||||
| Skyworth Digital Holdings, Ltd. (China) | 186,000 | 104,656 | ||||
| Techtronic Industries Co., Ltd. (Hong Kong) | 26,500 | 86,654 | ||||
| 303,384 | ||||||
| Household products (0.7%) | ||||||
| LG Household & Health Care, Ltd. (South Korea) | 104 | 65,428 | ||||
| 65,428 | ||||||
| Independent power and renewable electricity producers (2.2%) | ||||||
| China Resources Power Holdings Co., Ltd. (China) | 52,000 | 144,610 | ||||
| Huadian Fuxin Energy Corp, Ltd. (China) | 124,000 | 58,283 | ||||
| 202,893 | ||||||
| Industrial conglomerates (1.2%) | ||||||
| JG Summit Holdings, Inc. (Philippines) | 47,920 | 71,171 | ||||
| Keppel Corp., Ltd. (Singapore) | 6,400 | 41,084 | ||||
| 112,255 | ||||||
| Insurance (3.7%) | ||||||
| AIA Group, Ltd. (Hong Kong) | 48,000 | 277,770 | ||||
| Samsung Life Insurance Co., Ltd. (South Korea) | 602 | 61,644 | ||||
| 339,414 | ||||||
| Internet and catalog retail (0.9%) | ||||||
| Ctrip.com International, Ltd. ADR (China)(NON) | 1,534 | 72,949 | ||||
| FabFurnish GmbH (acquired 8/2/13, cost $1) (Private) (Brazil)(F)(RES)(NON) | 1 | 1 | ||||
| Global Fashion Holding SA (acquired 8/2/13, cost $21,942) (Private) (Brazil)(F)(RES)(NON) | 518 | 12,160 | ||||
| New Bigfoot Other Assets GmbH (acquired 8/2/13, cost $1) (Private) (Brazil)(F)(RES)(NON) | 1 | 1 | ||||
| New Middle East Other Assets GmbH (acquired 8/2/13, cost $1) (Private) (Brazil)(F)(RES)(NON) | 1 | 1 | ||||
| 85,112 | ||||||
| Internet software and services (5.9%) | ||||||
| Alibaba Group Holding, Ltd. ADR (China)(NON) | 824 | 73,402 | ||||
| Baidu, Inc. ADR (China)(NON) | 755 | 164,530 | ||||
| Tencent Holdings, Ltd. (China) | 18,000 | 303,864 | ||||
| 541,796 | ||||||
| IT Services (4.1%) | ||||||
| HCL Technologies, Ltd. (India) | 7,595 | 219,470 | ||||
| Infosys, Ltd. (India) | 4,524 | 155,426 | ||||
| 374,896 | ||||||
| Life sciences tools and services (1.2%) | ||||||
| WuXi PharmaTech Cayman, Inc. ADR (China)(NON) | 2,830 | 113,483 | ||||
| 113,483 | ||||||
| Media (0.6%) | ||||||
| Television Broadcasts, Ltd. (Hong Kong) | 9,300 | 57,703 | ||||
| 57,703 | ||||||
| Metals and mining (0.9%) | ||||||
| Hindustan Zinc, Ltd. (India) | 27,806 | 78,648 | ||||
| 78,648 | ||||||
| Pharmaceuticals (0.7%) | ||||||
| Glenmark Pharmaceuticals, Ltd. (India) | 5,733 | 66,446 | ||||
| 66,446 | ||||||
| Real estate management and development (5.6%) | ||||||
| Bumi Serpong Damai Tbk PT (Indonesia) | 542,800 | 86,154 | ||||
| China Overseas Land & Investment, Ltd. (China) | 26,000 | 74,832 | ||||
| China Resources Land, Ltd. (China) | 22,000 | 55,846 | ||||
| Kawasan Industri Jababeka Tbk PT (Indonesia) | 4,171,000 | 99,380 | ||||
| Kerry Properties, Ltd. (Hong Kong) | 14,000 | 49,480 | ||||
| KWG Property Holding, Ltd. (China) | 84,000 | 53,637 | ||||
| Supalai PCL (Thailand) | 122,800 | 91,547 | ||||
| 510,876 | ||||||
| Semiconductors and semiconductor equipment (9.3%) | ||||||
| Advanced Semiconductor Engineering, Inc. (Taiwan) | 114,000 | 143,542 | ||||
| Lextar Electronics Corp. (Taiwan) | 52,000 | 49,855 | ||||
| Powertech Technology, Inc. (Taiwan) | 54,000 | 90,035 | ||||
| SK Hynix, Inc. (South Korea)(NON) | 3,103 | 133,796 | ||||
| Taiwan Semiconductor Manufacturing Co., Ltd. (Taiwan) | 97,000 | 430,715 | ||||
| 847,943 | ||||||
| Software (0.5%) | ||||||
| Golfzon Co., Ltd. (South Korea) | 2,102 | 47,797 | ||||
| 47,797 | ||||||
| Specialty retail (0.9%) | ||||||
| China ZhengTong Auto Services Holdings, Ltd. (China) | 168,000 | 83,916 | ||||
| 83,916 | ||||||
| Technology hardware, storage, and peripherals (6.9%) | ||||||
| Catcher Technology Co., Ltd. (Taiwan) | 11,000 | 96,241 | ||||
| Samsung Electronics Co., Ltd. (South Korea) | 430 | 531,488 | ||||
| 627,729 | ||||||
| Transportation infrastructure (0.6%) | ||||||
| Adani Ports & Special Economic Zone, Ltd. (India) | 10,657 | 58,599 | ||||
| 58,599 | ||||||
| Water utilities (1.3%) | ||||||
| Sound Global, Ltd. (China)(NON) | 119,000 | 120,568 | ||||
| 120,568 | ||||||
| Wireless telecommunication services (4.6%) | ||||||
| Bharti Infratel, Ltd. (India) | 11,992 | 70,057 | ||||
| China Mobile, Ltd. (China) | 27,000 | 353,700 | ||||
| 423,757 | ||||||
| Total common stocks (cost $8,058,568) | $8,834,232 | |||||
| INVESTMENT COMPANIES (2.4%)(a) | ||||||
| Shares | Value | |||||
| ChinaAMC CSI 300 Index ETF (China) | 16,800 | $91,137 | ||||
| Market Vectors Vietnam ETF (Vietnam) | 7,150 | 130,774 | ||||
| Total investment companies (cost $229,079) | $221,911 | |||||
| SHORT-TERM INVESTMENTS (2.0%)(a) | ||||||
| Shares | Value | |||||
| Putnam Short Term Investment Fund 0.10%(AFF) | 187,314 | $187,314 | ||||
| Total short-term investments (cost $187,314) | $187,314 | |||||
| TOTAL INVESTMENTS | ||||||
| Total investments (cost $8,474,961)(b) | $9,243,457 | |||||
| Key to holding's abbreviations | |||
| ADR | American Depository Receipts: represents ownership of foreign securities on deposit with a custodian bank | ||
| ETF | Exchange Traded Fund | ||
| 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, 2014 through January 1, 2015 (the reporting period). Within the following notes to the portfolio, references to “ASC 820” represent Accounting Standards Codification 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 $9,154,242. | |||||
| (b) | The aggregate identified cost on a tax basis is $8,488,311, resulting in gross unrealized appreciation and depreciation of $1,091,147 and $336,001, respectively, or net unrealized appreciation of $755,146. | |||||
| (NON) | This security is non-income-producing. | |||||
| (RES) | This security is restricted with regard to public resale. The total fair value of this security and any other restricted securities (excluding 144A securities), if any, held at the close of the reporting period was $12,163, or 0.1% of net assets. | |||||
| (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 Short Term Investment Fund, which is under common ownership and control, were as follows: | |||||
| Name of affiliate | Fair value at the beginning of the reporting period | Purchase cost | Sale proceeds | Investment income | Fair value at the end of the reporting period | |
| Putnam Short Term Investment Fund* | $574,779 | $3,649,014 | $4,036,479 | $177 | $187,314 | |
| * Management fees charged to Putnam Short Term Investment Fund have been waived by Putnam Management. | ||||||
| (F) | This security is valued at fair value following procedures approved by the Trustees. Securities may be classified as Level 2 or Level 3 for ASC 820 based on the securities' valuation inputs. At the close of the reporting period, fair value pricing was also used for certain foreign securities in the portfolio. | |||||
| At the close of the reporting period, the fund maintained liquid assets totaling $4 to cover the settlement of certain securities. | ||||||
| DIVERSIFICATION BY COUNTRY | ||||||
| Distribution of investments by country of risk at the close of the reporting period, excluding collateral received, if any (as a percentage of Portfolio Value): | ||||||
| China | 32.9% | |||||
| India | 15.9 | |||||
| Taiwan | 14.2 | |||||
| South Korea | 10.3 | |||||
| Hong Kong | 7.9 | |||||
| Singapore | 5.7 | |||||
| Indonesia | 3.9 | |||||
| Malaysia | 2.2 | |||||
| United States | 2.0 | |||||
| Philippines | 1.9 | |||||
| Thailand | 1.6 | |||||
| Vietnam | 1.4 | |||||
| Other | 0.1 | |||||
| Total | 100.0% | |||||
| Security valuation: Portfolio securities and other investments are valued using policies and procedures adopted by the Board of Trustees. The Trustees have formed a Pricing Committee to oversee the implementation of these procedures and have delegated responsibility for valuing the fund’s assets in accordance with these procedures to Putnam Management. Putnam Management has established an internal Valuation Committee that is responsible for making fair value determinations, evaluating the effectiveness of the pricing policies of the fund and reporting to the Pricing Committee. | ||||||
| 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 valued 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. At the close of the reporting period, fair value pricing was used for certain foreign securities in the portfolio. Securities quoted in foreign currencies, if any, are translated into U.S. dollars at the current exchange rate. Short-term securities with remaining maturities of 60 days or less may be valued at amortized cost, which approximates fair value, and are classified as Level 2 securities. | ||||||
| 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 in accordance with policies and procedures approved by the Trustees. 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, recovery rates, sales and other multiples and resale restrictions. These securities are classified as Level 2 or as Level 3 depending on the priority of the significant inputs. | ||||||
| To assess the continuing appropriateness of fair valuations, the Valuation Committee reviews and affirms the reasonableness of such valuations on a regular basis after considering all relevant information that is reasonably available. 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 | $200,890 | $822,511 | $12,163 | |
| Consumer staples | — | 65,428 | — | |
| Energy | — | 141,327 | — | |
| Financials | 91,547 | 2,621,203 | 150 | |
| Health care | 235,999 | 228,915 | — | |
| Industrials | — | 606,676 | — | |
| Information technology | 307,280 | 2,202,229 | — | |
| Materials | — | 166,948 | — | |
| Telecommunication services | — | 623,264 | — | |
| Utilities | — | 507,702 | — | |
| Total common stocks | 835,716 | 7,986,203 | 12,313 | |
| Investment companies | 130,774 | 91,137 | — | |
| Short-term investments | 187,314 | — | — | |
|
|
|
|
||
| Totals by level | $1,153,804 | $8,077,340 | $12,313 | |
| * Common stock classifications are presented at the sector level, which may differ from the fund's portfolio presentation. | ||||
| During the reporting period, transfers within the fair value hierarchy, if any, (other than certain transfers involving non-U.S. equity securities as described in the Security valuation note above) did not represent, in the aggregate, more than 1% of the fund's net assets measured as of the end of the period. | ||||
| At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the fund's portfolio. | ||||
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 31, 2015 |
| 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 31, 2015 |
| By (Signature and Title): |
| /s/ Steven D. Krichmar Steven D. Krichmar Principal Financial Officer Date: March 31, 2015 |
| 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 30, 2015 | |
| 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 30, 2015 | |
| Steven D. Krichmar | |
| Principal Financial Officer | |
Attachment A | |
NQ | |
Period (s) ended January 31, 2015 | |
| Putnam Managed Municipal Income Trust | |
| Putnam Municipal Opportunities Trust | |
| Putnam Multi-Cap Value 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 | |
| Putnam Multi-Cap Core Fund |