<SEC-DOCUMENT>0000928816-16-003559-index.html : 20160927
<SEC-HEADER>0000928816-16-003559.hdr.sgml : 20160927
<ACCEPTANCE-DATETIME>20160927171803
ACCESSION NUMBER:		0000928816-16-003559
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20160927
DATE AS OF CHANGE:		20160927
EFFECTIVENESS DATE:		20160927

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM FUNDS TRUST
		CENTRAL INDEX KEY:			0001005942
		IRS NUMBER:				043299786
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497K
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-00515
		FILM NUMBER:		161905194

	BUSINESS ADDRESS:	
		STREET 1:		ONE POST
		STREET 2:		ONE POST OFFICE SQUARE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
		BUSINESS PHONE:		6172921010

	MAIL ADDRESS:	
		STREET 1:		ONE POST OFFICE SQUARE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0001005942
<SERIES-ID>S000024277
<SERIES-NAME>Putnam Dynamic Risk Allocation Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000071723
<CLASS-CONTRACT-NAME>Class A
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000071724
<CLASS-CONTRACT-NAME>Class B
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000071725
<CLASS-CONTRACT-NAME>Class C
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000071726
<CLASS-CONTRACT-NAME>Class M
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000071727
<CLASS-CONTRACT-NAME>Class R
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000071728
<CLASS-CONTRACT-NAME>Class Y
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000118009
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>a_put1609ec2sum.htm
<DESCRIPTION>PUTNAM FUNDS TRUST
<TEXT>
Document 1 - file: a_put1609ec2sum.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>put1609ec2sum_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 3 - file: put1609ec2sum_001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>put1609ec2sum_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: put1609ec2sum_002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>put1609ec2sum_003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: put1609ec2sum_003.jpg

</DOCUMENT>
</SEC-DOCUMENT>