Putnam Investments 

100 Federal Street 

Boston, MA 02110 

April 5, 2021 

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

RE:	Putnam Funds Trust (Reg. No. 33- 515) (the “Trust”), on behalf of its Putnam Intermediate-term Municipal
	Income Fund and Putnam Short-term Municipal Income Fund (the “Funds”) - Post-Effective Amendment
	No. 355 to Registration Statement on Form N-1A

Ladies and Gentlemen:

                         Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the Fund hereby certifies that the form 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. 355 to the Fund’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 March 26, 2021.

                         Comments or questions concerning this certificate may be directed to Caitlin Robinson at 1-800-225-2465, ext. 10044.

	Very truly yours,
	Putnam Funds Trust
By:	/s/ Jonathan S. Horwitz
	Jonathan S. Horwitz
	Executive Vice President, Principal Executive
	Officer and Compliance Liaison

cc:	James E. Thomas, Esq.
	Ropes & Gray LLP