Putnam Investments 

One Post Office Square 

Boston, MA 02109 

December 4, 2017 

Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549

RE:	Putnam Funds Trust (Securities Act No. 333-515 and Investment Company File Act No. 811-07513) (the
	“Trust”), on behalf of Putnam Low Volatility Equity Fund, Putnam Short Duration Income Fund and
	Putnam Short Term Investment Fund series (The “Funds”) Post-Effective Amendment No. 271 to
	Registration Statement on Form N-1A (the “Amendment”), (collectively, the “Funds”)

Ladies and Gentlemen:

Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the Funds hereby certify that the forms of Prospectus and Statement of Additional Information that would have been filed on behalf of the Funds pursuant to Rule 497(c) upon the effectiveness of Post-Effective Amendment No. 271 to the Trust’s Registration Statement on Form N-1A (the “Amendment”) would not have differed from that contained in the Amendment, which is the most recent amendment to such Registration Statement and was filed electronically on November 27, 2017.

Comments or questions concerning this certificate may be directed to Caitlin E. Robinson at 1-800-225-2465, ext. 1-0044.

	Very truly yours,
	PUTNAM FUNDS TRUST
	On behalf of
	Putnam Low Volatility Equity Fund
	Putnam Short Duration Income Fund and
	Putnam Short Term Investment Fund
By:	/s/ Jonathan S. Horwitz
	Jonathan S. Horwitz
	Executive Vice President, Principal Executive
	Officer and Compliance Liaison

cc:	Caitlin E. Robinson, Esq.,
	Putnam Investments
	James E. Thomas, Esq.,
	Ropes & Gray LLP