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: July 31, 2016

Date of reporting period: April 30, 2016

Item 1. Schedule of Investments:

Putnam Short Term Investment Fund
The fund's portfolio
4/30/16 (Unaudited)
COMMERCIAL PAPER (28.8%)(a)
	Yield (%)	Maturity date	Principal amount	Value
AbbVie, Inc.	0.580	5/16/16	$10,000,000	$9,997,842
ABN AMRO Funding USA, LLC	0.601	7/5/16	16,000,000	15,986,243
American Honda Finance Corp.	0.511	6/6/16	31,000,000	30,984,424
Apple, Inc.	0.420	7/5/16	31,000,000	30,975,076
AXA Financial, Inc.	0.802	5/3/16	12,000,000	11,999,419
AXA Financial, Inc.	0.701	6/8/16	4,000,000	3,997,809
BMW US Capital, LLC 144A	0.400	5/2/16	13,200,000	13,199,598
BNP Paribas SA/New York, NY (France)	0.290	5/2/16	30,000,000	29,999,060
BPCE SA (France)	0.380	5/5/16	15,800,000	15,798,973
Canada (Government of) (Canada)	0.441	5/19/16	25,000,000	24,995,875
Canadian Imperial Holdings, Inc.	0.654	5/10/16	20,000,000	20,001,740
Commonwealth Bank of Australia (Australia)	0.541	5/31/16	31,000,000	30,992,615
Cooperatieve Rabobank UA/NY (Netherlands)	0.717	8/1/16	30,000,000	29,953,548
Danske Corp. (Denmark)	0.571	7/6/16	15,000,000	14,986,882
Danske Corp. (Denmark)	0.551	5/5/16	15,000,000	14,999,078
DnB Bank ASA (Norway)	0.651	7/5/16	31,500,000	31,473,971
Export Development Canada (Canada)	0.652	5/9/16	25,000,000	24,997,813
HSBC Bank PLC 144A (United Kingdom)	0.791	7/21/16	7,500,000	7,503,758
Lloyds Bank PLC (United Kingdom)	0.581	7/5/16	15,750,000	15,735,021
Lloyds Bank PLC (United Kingdom)	0.571	5/2/16	27,000,000	26,999,154
National Australia Bank, Ltd. 144A (Australia)	0.803	8/2/16	9,000,000	8,988,885
National Bank of Canada 144A (Canada)	0.571	6/22/16	30,000,000	29,980,110
Nestle Finance International, Ltd. (Switzerland)	0.586	7/14/16	31,000,000	30,966,231
Nordea Bank AB (acquired 2/9/16, cost $15,979,400)(Sweden) **	0.516	5/9/16	16,000,000	15,998,147
NSTAR Electric Co. (Canada)	0.350	5/6/16	13,000,000	12,999,065
Prudential PLC (United Kingdom)	0.581	6/14/16	15,000,000	14,991,739
Prudential PLC (United Kingdom)	0.551	5/23/16	17,000,000	16,995,433
Roche Holdings, Inc. (Switzerland)	0.481	5/3/16	8,000,000	7,999,701
Roche Holdings, Inc. (Switzerland)	0.481	5/2/16	27,000,000	26,999,246
Simon Property Group LP	0.531	7/19/16	2,843,000	2,839,898
Simon Property Group LP	0.460	5/12/16	20,750,000	20,747,175
Skandinaviska Enskilda Banken AB 144A, Ser. GLOB (Sweden)	0.727	7/28/16	32,000,000	31,960,800
Standard Chartered Bank/New York 144A	0.631	6/17/16	31,000,000	30,979,198
Stanley Black & Decker, Inc.	0.590	5/11/16	14,000,000	13,997,830
Stanley Black & Decker, Inc.	0.530	5/2/16	11,000,000	10,999,615
Sumitomo Mitsui Banking Corp. (Japan)	0.601	5/18/16	5,000,000	4,999,147
Svenska Handelsbanken AB (Sweden)	0.646	7/13/16	32,500,000	32,464,792
Swedbank AB (Sweden)	0.300	5/2/16	50,000,000	49,998,646
Toyota Motor Credit Corp.	0.561	5/25/16	30,000,000	29,992,915
UnitedHealth Group, Inc.	0.680	5/24/16	5,000,000	4,998,354
UnitedHealth Group, Inc.	0.650	5/3/16	7,726,000	7,725,626
UnitedHealth Group, Inc.	0.530	5/2/16	15,000,000	14,999,456
Total commercial paper (cost $828,108,384)				$828,199,908
REPURCHASE AGREEMENTS (27.7%)(a)
			Principal amount	Value
Interest in $186,000,000 joint tri-party repurchase agreement dated 4/29/16 with Bank of Nova Scotia due 5/2/16 - maturity value of $86,001,935 for an effective yield of 0.270% (collateralized by various U.S. Treasury notes and bonds with coupon rates ranging from 0.125% to 4.375% and due dates ranging from 5/31/16 to 2/15/38, valued at $189,724,354)			$86,000,000	$86,000,000
Interest in $71,250,000 tri-party term repurchase agreement dated 4/25/16 with Barclays Capital, Inc. due 5/2/16 - maturity value of $71,254,156 for an effective yield of 0.300% (collateralized by various mortgage backed securities with coupon rates ranging from 3.000% to 5.000% and due dates ranging from 1/1/19 to 3/1/46, valued at $72,675,000)			71,250,000	71,250,000
Interest in $250,000,000 joint tri-party repurchase agreement dated 4/29/16 with Barclays Capital, Inc. due 5/2/16 - maturity value of $150,003,500 for an effective yield of 0.280% (collateralized by various U.S. Treasury notes and bonds with coupon rates ranging from 0.125% to 3.875% and due dates ranging from 7/15/16 to 4/15/32, valued at $255,000,086)			150,000,000	150,000,000
Interest in $32,000,000 tri-party term repurchase agreement dated 4/25/16 with BNP Paribas due 6/24/16 - maturity value of $32,027,733 for an effective yield of 0.520% (collateralized by a corporate bond with a coupon rate of 3.000% and a due date of 4/22/26, valued at $33,603,398) (IR)			32,000,000	32,000,000
Interest in $237,500,000 joint tri-party term repurchase agreement dated 4/28/16 with Citigroup Global Markets, Inc. due 5/5/16 - maturity value of $143,508,092 for an effective yield of 0.290% (collateralized by various U.S. Treasury notes and bonds with coupon rates ranging from zero % to 3.000% and due dates ranging from 7/31/16 to 8/31/22, valued at $242,250,075)			143,500,000	143,500,000
Interest in $353,599,000 joint tri-party repurchase agreement dated 4/29/16 with Citigroup Global Markets, Inc. due 5/2/16 - maturity value of $74,871,872 for an effective yield of 0.300% (collateralized by various mortgage backed securities with coupon rates ranging from 2.000% to 8.500% and due dates ranging from 12/1/16 to 3/15/51, valued at $360,670,980)			74,870,000	74,870,000
Interest in $50,000,000 tri-party repurchase agreement dated 4/29/16 with Credit Suisse Securities (USA), LLC due 5/2/16 - maturity value of $50,001,167 for an effective yield of 0.280% (collateralized by a U.S. Treasury note with a coupon rate of 2.125% and a due date of 8/15/21, valued at $51,003,339)			50,000,000	50,000,000
Interest in $76,000,000 tri-party repurchase agreement dated 4/29/16 with Goldman, Sachs & Co. due 5/2/16 - maturity value of $76,001,773 for an effective yield of 0.280% (collateralized by various mortgage backed securities with coupon rates ranging from 3.500% to 4.000% and due dates ranging from 6/1/25 to 2/1/46, valued at $77,520,000)			76,000,000	76,000,000
Interest in $50,000,000 tri-party term repurchase agreement dated 4/26/16 with J.P. Morgan Securities, LLC due 5/3/16 - maturity value of $50,002,819 for an effective yield of 0.290% (collateralized by various mortgage backed securities with coupon rates ranging from 2.500% to 11.000% and due dates ranging from 6/1/16 to 4/1/51, valued at $51,003,489)			50,000,000	50,000,000
Interest in $100,000,000 joint tri-party term repurchase agreement dated 4/26/16 with Merrill Lynch, Pierce, Fenner and Smith, Inc. due 5/3/16 - maturity value of $61,253,454 for an effective yield of 0.290% (collateralized by a mortgage backed security with a coupon rate of 4.000% and a due date of 9/20/45, valued at $102,000,000)			61,250,000	61,250,000
Total repurchase agreements (cost $794,870,000)				$794,870,000
ASSET-BACKED COMMERCIAL PAPER (17.5%)(a)
	Yield (%)	Maturity date	Principal amount	Value
Atlantic Asset Securitization, LLC	0.420	5/25/16	$15,000,000	$14,995,114
CAFCO, LLC	0.571	6/2/16	21,000,000	20,991,650
CAFCO, LLC	0.571	5/16/16	11,000,000	10,998,198
CAFCO, LLC	0.320	5/2/16	32,000,000	31,999,320
Chariot Funding, LLC	0.854	7/7/16	16,000,000	15,983,440
Chariot Funding, LLC	0.501	5/9/16	10,000,000	9,998,839
CHARTA, LLC	0.561	5/23/16	22,000,000	21,994,280
CHARTA, LLC	0.390	5/25/16	8,000,000	7,997,706
CIESCO, LLC	0.581	5/9/16	28,000,000	27,997,674
CRC Funding, LLC	0.571	5/23/16	30,000,000	29,992,200
Gotham Funding Corp. (Japan)	0.460	5/11/16	10,000,000	9,998,590
Jupiter Securitization Co., LLC	0.854	7/13/16	12,250,000	12,235,708
Jupiter Securitization Co., LLC	0.854	7/5/16	17,750,000	17,732,393
Liberty Street Funding, LLC (Canada)	0.682	5/23/16	21,000,000	20,993,742
Liberty Street Funding, LLC (Canada)	0.611	5/16/16	9,000,000	8,998,160
Liberty Street Funding, LLC (Canada)	0.300	5/2/16	30,000,000	29,999,000
Manhattan Asset Funding Co., LLC (Japan)	0.510	6/9/16	16,000,000	15,991,217
Manhattan Asset Funding Co., LLC (Japan)	0.460	5/23/16	11,363,000	11,359,614
MetLife Short Term Funding, LLC	0.470	5/24/16	25,000,000	24,992,726
MetLife Short Term Funding, LLC	0.460	6/13/16	5,000,000	4,997,125
Old Line Funding, LLC 144A	0.874	7/14/16	6,000,000	5,993,249
Old Line Funding, LLC 144A	0.795	7/12/16	18,350,000	18,359,432
Old Line Funding, LLC 144A	0.651	7/25/16	8,000,000	7,988,980
Regency Markets No. 1, LLC 144A	0.440	5/16/16	23,500,000	23,495,195
Sheffield Receivables Co., LLC (United Kingdom)	0.591	5/9/16	16,000,000	15,998,142
Thunder Bay Funding, LLC	0.300	5/2/16	15,000,000	14,999,500
Thunder Bay Funding, LLC 144A	0.786	7/19/16	11,000,000	11,005,742
Thunder Bay Funding, LLC 144A	0.776	6/17/16	24,225,000	24,234,738
Working Capital Management Co. (Japan)	0.541	5/16/16	16,000,000	15,996,728
Working Capital Management Co. (Japan)	0.510	6/3/16	14,000,000	13,993,603
Total asset-backed commercial paper (cost $502,247,305)				$502,312,005
CERTIFICATES OF DEPOSIT (9.4%)(a)
	Yield (%)	Maturity date	Principal amount	Value
Australia & New Zealand Banking Group, Ltd./New York, NY	0.450	5/9/16	$28,000,000	$28,000,736
Bank of America, NA FRN	0.606	5/9/16	39,050,000	39,049,883
Bank of Montreal/Chicago, IL FRN (Canada)	0.836	10/17/16	30,000,000	30,007,500
Citibank, NA	0.710	7/25/16	16,000,000	16,006,460
Citibank, NA	0.620	6/13/16	16,000,000	16,003,786
Mitsubishi UFJ Trust & Banking Corp./NY FRN	0.868	7/25/16	21,000,000	21,014,490
Nordea Bank Finland PLC/New York FRN	0.689	8/23/16	15,000,000	15,001,290
State Street Bank & Trust Co. FRN	0.787	10/20/16	30,000,000	29,999,490
Toronto-Dominion Bank/NY (Canada)	0.610	6/13/16	10,000,000	10,004,230
Toronto-Dominion Bank/NY FRN (Canada)	0.606	5/19/16	18,000,000	18,002,016
US Bank, NA/Cincinnati OH FRN	0.740	7/20/16	15,000,000	15,005,790
Westpac Banking Corp./NY (Australia)	0.560	6/6/16	32,000,000	32,009,554
Total certificates of deposit (cost $270,057,667)				$270,105,225
U.S. TREASURY OBLIGATIONS (5.6%)(a)
	Yield (%)	Maturity date	Principal amount	Value
U.S. Treasury Bills	0.316	7/7/16	$50,000,000	$49,986,450
U.S. Treasury FRN	0.334	1/31/17	42,150,000	42,156,061
U.S. Treasury FRN	0.320	7/31/16	33,810,000	33,814,226
U.S. Treasury FRN	0.303	10/31/16	35,500,000	35,498,814
Total U.S. treasury obligations (cost $161,431,044)				$161,455,551
U.S. GOVERNMENT AGENCY OBLIGATIONS (5.1%)(a)
	Yield (%)	Maturity date	Principal amount	Value
Federal Home Loan Banks unsec. discount notes	0.392	5/27/16	$25,000,000	$24,995,650
Federal Home Loan Banks unsec. discount notes	0.390	7/1/16	43,250,000	43,226,946
Federal Home Loan Banks unsec. discount notes	0.365	5/26/16	30,000,000	29,994,990
Federal Home Loan Mortgage Corporation unsec. discount notes	0.471	5/9/16	25,000,000	24,998,775
Federal Home Loan Mortgage Corporation unsec. discount notes	0.461	8/12/16	4,020,000	4,016,129
Federal National Mortgage Association unsec. discount notes	0.401	7/19/16	19,500,000	19,486,487
Total U.S. government agency obligations (cost $146,701,717)				$146,718,977
TIME DEPOSITS (2.4%)(a)
	Yield (%)	Maturity date	Principal amount	Value
Australia & New Zealand Banking Group, Ltd./Cayman Islands (Cayman Islands)	0.300	5/2/16	$27,750,000	$27,750,000
Credit Agricole Corporate and Investment Bank/Grand Cayman (Cayman Islands)	0.310	5/2/16	13,500,000	13,500,000
Svenska Handelsbanken/Cayman Islands (Sweden)	0.270	5/2/16	27,750,000	27,750,000
Total time deposits (cost $69,000,000)				$69,000,000
MUNICIPAL BONDS AND NOTES (2.2%)(a)
	Yield (%)	Maturity date	Principal amount	Value
Johns Hopkins University Commercial Paper, Ser. C	0.480	5/25/16	$24,000,000	$23,993,760
Texas A&M University Commercial Paper, Ser. B	0.550	6/13/16	15,000,000	14,995,350
University of Chicago Commercial Paper, Ser. A	0.470	5/24/16	25,000,000	24,991,250
Total municipal bonds and notes (cost $63,992,493)				$63,980,360
CORPORATE BONDS AND NOTES (0.1%)(a)
	Interest rate (%)	Maturity date	Principal amount	Value
Nordea Bank AB 144A sr. unsec. notes (acquired 4/1/16, cost $3,481,596) (Sweden)(RES)	0.875	5/13/16	$3,480,000	$3,480,355
Total corporate bonds and notes (cost $3,480,456)				$3,480,355
TOTAL INVESTMENTS
Total investments (cost $2,839,889,066)(b)				$2,840,122,381

Key to holding's abbreviations
FRN	Floating Rate Notes: the rate shown is the current interest rate or yield at the close of the reporting period

	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 August 1, 2015 through April 30, 2016 (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 $2,870,777,788.
(b)	The aggregate identified cost on a tax basis is $2,839,889,066, resulting in gross unrealized appreciation and depreciation of $256,725 and $23,410, respectively, or net unrealized appreciation of $233,315.
(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 $3,480,355, or 0.1% of net assets.
**	On April 1, 2016, the non-restricted holdings of Nordea Bank AB were as follows:
	Holding		Type	Principal	Value
	Nordea Bank AB		Commerical paper	$16,000,000	$15,998,147
(IR)	Repurchase agreements with a maturity of more than seven days are considered to be illiquid investments.
	Debt obligations are considered secured unless otherwise indicated.
	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.
	The dates shown on debt obligations are the original maturity dates.
	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):
	United States	69.7%
	Canada	7.4
	Sweden	5.7
	United Kingdom	3.5
	Japan	2.5
	Australia	2.5
	Switzerland	2.3
	France	1.6
	Cayman Islands	1.5
	Norway	1.1
	Denmark	1.1
	Netherlands	1.1
	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.
	Market quotations are not considered to be readily available for certain debt obligations (including short-term investments with remaining maturities of 60 days or less) and other investments; such investments are valued on the basis of valuations furnished by an independent pricing service approved by the Trustees or dealers selected by Putnam Management. Such services or dealers determine valuations for normal institutional-size trading units of such securities using methods based on market transactions for comparable securities and various relationships, generally recognized by institutional traders, between securities (which consider such factors as security prices, yields, maturities and ratings). These securities will generally be categorized as Level 2. 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 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.
	Repurchase agreements: The fund, or any joint trading account, through its custodian, receives delivery of the underlying securities, the fair value of which at the time of purchase is required to be in an amount at least equal to the resale price, including accrued interest. Collateral for certain tri-party repurchase agreements is held at the counterparty's custodian in a segregated account for the benefit of the fund and the counterparty. Putnam Management is responsible for determining that the value of these underlying securities is at all times at least equal to the resale price, including accrued interest. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings.

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
Asset-backed commercial paper	$—	$502,312,005	$—
Certificates of deposit	—	270,105,225	—
Commercial paper	—	828,199,908	—
Corporate bonds and notes	—	3,480,355	—
Municipal bonds and notes	—	63,980,360	—
Repurchase agreements	—	794,870,000	—
Time deposits	—	69,000,000	—
U.S. government agency obligations	—	146,718,977	—
U.S. treasury obligations	—	161,455,551	—
Totals by level	$—	$2,840,122,381	$—
During the reporting period, transfers within the fair value hierarchy, if any, did not represent, in the aggregate, more than 1% of the fund's net assets measured as of the end of the period. Transfers are accounted for using the end of period pricing valuation method.

	The following table summarizes any derivatives, repurchase agreements and reverse repurchase agreements, at the end of the reporting period, that are subject to an enforceable master netting agreement or similar agreement. For securities lending transactions, if applicable, see note "(d)" above, and for borrowing transactions associated with securities sold short, if applicable, see the "Short sales of securities" note above.
		Bank of Nova Scotia	Barclays Capital, Inc.	BNP Paribas	Citigroup Global Markets, Inc.	Credit Suisse Securities (USA), LLC	Goldman, Sachs & Co.	J.P. Morgan Securities, LLC	Merrill Lynch, Pierce, Fenner and Smith, Inc.	Total
	Assets:
	Repurchase agreements	$86,000,000	$221,250,000	$32,000,000	$218,370,000	$50,000,000	$76,000,000	$50,000,000	$61,250,000	$794,870,000
	Total Assets	$86,000,000	$221,250,000	$32,000,000	$218,370,000	$50,000,000	$76,000,000	$50,000,000	$61,250,000	$794,870,000
	Liabilities:
	Total Liabilities	$—	$—	$—	$—	$—	$—	$—	$—	$—
	Total Financial and Derivative Net Assets	$86,000,000	$221,250,000	$32,000,000	$218,370,000	$50,000,000	$76,000,000	$50,000,000	$61,250,000	$794,870,000
	Total collateral received (pledged)##†	$86,000,000	$221,250,000	$32,000,000	$218,370,000	$50,000,000	$76,000,000	$50,000,000	$61,250,000
	Net amount	$—	$—	$—	$—	$—	$—	$—	$—
†	Additional collateral may be required from certain brokers based on individual agreements.
##	Any over-collateralization of total financial and derivative net assets is not shown. Collateral may include amounts related to unsettled agreements.
	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: June 28, 2016

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: June 28, 2016

By (Signature and Title):

/s/ Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer
Date: June 28, 2016