As filed with the Securities and Exchange Commission on
August 27, 2018
Registration No. 333-00515
811-07513
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------------
FORM N-1A
	----
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933	/ X /
	----
	----
Pre-Effective Amendment No.	/    /
	----
	----
Post-Effective Amendment No. 291	/ X /
and	----
	----
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY	/ X /
ACT OF 1940	----
	----
Amendment No. 292	/ X /
(Check appropriate box or boxes)	----
---------------
PUTNAM FUNDS TRUST
(Exact Name of Registrant as Specified in Charter)
One Post Office Square, Boston, Massachusetts 02109
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code
(617) 292-1000
-----------------

	It is proposed that this filing will become effective
	(check appropriate box)
----
/    /	immediately upon filing pursuant to paragraph (b)
----
----
/ X /	on September 20, 2018 pursuant to paragraph (b)
----
----
/    /	60 days after filing pursuant to paragraph (a)(1)
----
----
/    /	on (date) pursuant to paragraph (a)(1)
----
----
/    /	75 days after filing pursuant to paragraph (a)(2)
----
----
/    /	on (date) pursuant to paragraph (a)(2) of Rule 485.
----
If appropriate, check the following box:
----
/ X /	this post-effective amendment designates a new
----	effective date for a previously filed post-effective amendment.
	--------------
	ROBERT T. BURNS, Vice President
	PUTNAM FUNDS TRUST
	One Post Office Square
	Boston, Massachusetts 02109
	(Name and address of agent for service)
	---------------
	Copy to:
	BRYAN CHEGWIDDEN, Esquire
	ROPES & GRAY LLP
	1211 Avenue of the Americas
	New York, New York 10036
	---------------------

NOTE: This Post-Effective Amendment No. 291 is being filed pursuant to Rule 485(b) under the Securities Act of 1933, as amended (the “Securities Act”), solely to designate September 20, 2018 as the new effective date for Post-Effective Amendment No. 288 filed pursuant to Rule 485(a) under the Securities Act on June 29, 2018. Post-Effective Amendment No. 288 was initially scheduled to become effective on August 28, 2018. This Post-Effective Amendment No. 291 is not intended to amend or supersede any information contained in Post-Effective Amendment No.288.

This Post-Effective Amendment relates solely to the Registrant's Putnam Short Duration Income Fund series. Information contained in the Registrant's Registration Statement relating to any other series of the Registrant is neither amended nor superseded hereby.

Putnam Funds Trust

Putnam Short Duration Income Fund

Part A. INFORMATION REQUIRED IN A PROSPECTUS

Part A is incorporated by reference to Part A of Post-Effective Amendment No. 288 to the Registration Statement on Form N-1A of Putnam Funds Trust (the “Registrant”) under the Securities Act of 1933, as amended, and Amendment No. 289 to the Registrant’s Registration Statement on Form N-1A under the Investment Company Act of 1940, as amended, filed with the Securities and Exchange Commission on June 29, 2018 (“Amendment No. 288/289”).

Part B. INFORMATION REQUIRED IN A STATEMENT OF ADDITIONAL INFORMATION

Part B is incorporated by reference to Part B of Amendment No. 288/289.

Part C. OTHER INFORMATION

Part C is incorporated by reference to Part C of Amendment No. 288/289.

PUTNAM FUNDS TRUST

Putnam Short Duration Income Fund 

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and The Commonwealth of Massachusetts, on the 27th day of August, 2018.

Putnam Funds Trust 

By: /s/ Jonathan S. Horwitz, Executive Vice President, 

Principal Executive Officer and Compliance Liaison 

Pursuant to the requirements of the Securities Act of 1933, as amended, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated:

Signature	Title
Kenneth R. Leibler*	Chair, Board of Trustees
Robert L. Reynolds*	President and Trustee
Jonathan S. Horwitz*	Executive Vice President, Principal Executive Officer and
	Compliance Liaison
Janet C. Smith*	Vice President, Principal Financial Officer, Principal
	Accounting Officer and Assistant Treasurer
Liaquat Ahamed*	Trustee
Ravi Akhoury*	Trustee
Barbara M. Baumann*	Trustee
Katinka Domotorffy*	Trustee
Catharine Bond Hill*	Trustee

C-1 

Paul L. Joskow*	Trustee
Robert E. Patterson*	Trustee
George Putnam, III*	Trustee
Manoj P. Singh*	Trustee

By: /s/ Jonathan S. Horwitz, as Attorney-in-Fact 

August 27, 2018 

*Signed pursuant to power of attorney filed in Post- 

Effective Amendment No. 269 to the Registrant’s 

Registration Statement on October 27, 2017. 

C-2