<SEC-DOCUMENT>0000928816-16-004170-index.html : 20161227
<SEC-HEADER>0000928816-16-004170.hdr.sgml : 20161227
<ACCEPTANCE-DATETIME>20161227164352
ACCESSION NUMBER:		0000928816-16-004170
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20161227
DATE AS OF CHANGE:		20161227
EFFECTIVENESS DATE:		20161227

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:		162070958

	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>S000032935
<SERIES-NAME>Putnam Retirement Income Fund Lifestyle 2
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000101642
<CLASS-CONTRACT-NAME>Class A
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000101643
<CLASS-CONTRACT-NAME>Class B
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000101644
<CLASS-CONTRACT-NAME>Class C
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000101645
<CLASS-CONTRACT-NAME>Class M
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000101646
<CLASS-CONTRACT-NAME>Class R
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000101647
<CLASS-CONTRACT-NAME>Class Y
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>a_put1612lf2sum.htm
<DESCRIPTION>PUTNAM FUNDS TRUST
<TEXT>
Document 1 - file: a_put1612lf2sum.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>put1612lf2sum_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 3 - file: put1612lf2sum_001.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>put1612lf2sum_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 4 - file: put1612lf2sum_002.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>put1612lf2sum_003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 5 - file: put1612lf2sum_003.jpg

</DOCUMENT>
</SEC-DOCUMENT>