Prospectus Supplement | July 26, 2018 |
Putnam Emerging Markets Equity Fund
Statutory and summary prospectuses dated December 30, 2017
The following changes are effective August 1, 2018:
The Annual fund operating expenses table and the footnotes applicable to that table in the subsection Fees and expenses are restated as follows:
Annual fund operating expenses
(expenses you pay each year as a percentage of the value of your investment)
Share class | Management fees† | Distribution and service (12b-1) fees | Other expenses | Total annual fund operating expenses | Expense reimbursement# | Total annual fund operating expenses after expense reimbursement<> |
Class A | 0.93% | 0.25% | 0.88% | 2.06% | (0.78)% | 1.28% |
Class B | 0.93% | 1.00% | 0.88% | 2.81% | (0.78)% | 2.03% |
Class C | 0.93% | 1.00% | 0.88% | 2.81% | (0.78)% | 2.03% |
Class M | 0.93% | 0.75% | 0.88% | 2.56% | (0.78)% | 1.78% |
Class R | 0.93% | 0.50% | 0.88% | 2.31% | (0.78)% | 1.53% |
Class R6 | 0.93% | N/A | 0.68%< | 1.61% | (0.78)% | 0.83% |
Class T | 0.93% | 0.25% | 0.88%> | 2.06% | (0.78)% | 1.28% |
Class Y | 0.93% | N/A | 0.88% | 1.81% | (0.78)% | 1.03% |
† Management fees are subject to a performance adjustment. The fund's base management fee is subject to adjustment, up or down, based on the fund's performance relative to the performance of the MSCI Emerging Markets Index (ND). For the most recent fiscal year, the fund's management fee prior to any performance adjustment was 0.92%.
# Reflects Putnam Investment Management, LLC’s contractual obligation to limit certain fund expenses through December 30, 2019. This obligation may be modified or discontinued only with approval of the Board of Trustees.
< Other expenses are based on expenses of class A shares for the fund’s last fiscal year, restated to reflect the lower investor servicing fees applicable to class R6 shares.
> Other expenses are based on expenses of class A shares for the fund’s last fiscal year.
<> Restated to reflect current fees.
The paragraph and table under the heading “Example” in the subsection Fees and expenses are restated as follows:
Example
The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Only the first year of each period
312467 7/18 |
in the example takes into account the expense reimbursement described above. Your actual costs may be higher or lower.
Share class | 1 year | 3 years | 5 years | 10 years |
Class A | $698 | $1,113 | $1,552 | $2,769 |
Class B | $706 | $1,097 | $1,615 | $2,901 |
Class B (no redemption) | $206 | $797 | $1,415 | $2,901 |
Class C | $306 | $797 | $1,415 | $3,081 |
Class C (no redemption) | $206 | $797 | $1,415 | $3,081 |
Class M | $525 | $1,047 | $1,595 | $3,088 |
Class R | $156 | $647 | $1,164 | $2,586 |
Class R6 | $85 | $432 | $802 | $1,845 |
Class T | $377 | $806 | $1,261 | $2,519 |
Class Y | $105 | $494 | $907 | $2,062 |
Putnam Emerging Markets Equity Fund Supplement |
Total |
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Supplement Text |
Putnam Emerging Markets Equity Fund The following changes are effective August 1, 2018: The Annual fund operating expenses table and the footnotes applicable to that table in the subsection Fees and expenses are restated as follows: Annual fund operating expenses
† Management fees are subject to a performance adjustment. The fund’s base management fee is subject to adjustment, up or down, based on the fund’s performance relative to the performance of the MSCI Emerging Markets Index (ND). For the most recent fiscal year, the fund’s management fee prior to any performance adjustment was 0.92%. # Reflects Putnam Investment Management, LLC’s contractual obligation to limit certain fund expenses through December 30, 2019. This obligation may be modified or discontinued only with approval of the Board of Trustees. < Other expenses are based on expenses of class A shares for the fund’s last fiscal year, restated to reflect the lower investor servicing fees applicable to class R6 shares. > Other expenses are based on expenses of class A shares for the fund’s last fiscal year. <> Restated to reflect current fees. The paragraph and table under the heading “Example” in the subsection Fees and expenses are restated as follows: Example The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Only the first year of each period
in the example takes into account the expense reimbursement described above. Your actual costs may be higher or lower.
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Putnam Emerging Markets Equity Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Example | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund's operating expenses remain the same. Only the first year of each period in the example takes into account the expense reimbursement described above. Your actual costs may be higher or lower. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Label | Element | Value | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Document Type | dei_DocumentType | 497 | ||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Dec. 31, 2016 | ||||||||||
Registrant Name | dei_EntityRegistrantName | PUTNAM FUNDS TRUST | ||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0001005942 | ||||||||||
Amendment Flag | dei_AmendmentFlag | false | ||||||||||
Trading Symbol | dei_TradingSymbol | PFT | ||||||||||
Document Creation Date | dei_DocumentCreationDate | Jul. 26, 2018 | ||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Aug. 01, 2018 | ||||||||||
Prospectus Date | rr_ProspectusDate | Dec. 30, 2017 | ||||||||||
Putnam Emerging Markets Equity Fund | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment) |
||||||||||
Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | December 30, 2019 | ||||||||||
Expenses Restated to Reflect Current [Text] | rr_ExpensesRestatedToReflectCurrent | Restated to reflect current fees. | ||||||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund's operating expenses remain the same. Only the first year of each period in the example takes into account the expense reimbursement described above. Your actual costs may be higher or lower. | ||||||||||
Putnam Emerging Markets Equity Fund | Class A | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.88% | ||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 2.06% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 1.28% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 698 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 1,113 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,552 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,769 | ||||||||||
Putnam Emerging Markets Equity Fund | Class B | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.88% | ||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 2.81% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 2.03% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 706 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 1,097 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,615 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,901 | ||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 206 | ||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 797 | ||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,415 | ||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,901 | ||||||||||
Putnam Emerging Markets Equity Fund | Class C | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.88% | ||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 2.81% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 2.03% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 306 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 797 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,415 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 3,081 | ||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 206 | ||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 797 | ||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,415 | ||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 3,081 | ||||||||||
Putnam Emerging Markets Equity Fund | Class M | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.75% | ||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.88% | ||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 2.56% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 1.78% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 525 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 1,047 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,595 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 3,088 | ||||||||||
Putnam Emerging Markets Equity Fund | Class R | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.88% | ||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 2.31% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 1.53% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 156 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 647 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,164 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,586 | ||||||||||
Putnam Emerging Markets Equity Fund | Class R6 | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.68% | [4] | |||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.61% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 0.83% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 85 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 432 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 802 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 1,845 | ||||||||||
Putnam Emerging Markets Equity Fund | Class T | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.88% | [5] | |||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 2.06% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 1.28% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 377 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 806 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,261 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,519 | ||||||||||
Putnam Emerging Markets Equity Fund | Class Y | ||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.93% | [1] | |||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.88% | ||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.81% | ||||||||||
Expense reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.78%) | [2] | |||||||||
Total annual fund operating expenses after expense reimbursement | rr_NetExpensesOverAssets | 1.03% | [3] | |||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 105 | ||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 494 | ||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 907 | ||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,062 | ||||||||||
|
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