0000928816-24-000337.txt : 20240221 0000928816-24-000337.hdr.sgml : 20240221 20240221103039 ACCESSION NUMBER: 0000928816-24-000337 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 EFFECTIVENESS DATE: 20240221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Putnam ETF Trust CENTRAL INDEX KEY: 0001845809 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-253222 FILM NUMBER: 24656786 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 6177601060 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Putnam Target Date Funds CENTRAL INDEX KEY: 0001295293 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-117134 FILM NUMBER: 24656788 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: Putnam RetirementReady Funds DATE OF NAME CHANGE: 20040624 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM TAX FREE INCOME TRUST CENTRAL INDEX KEY: 0000771951 ORGANIZATION NAME: IRS NUMBER: 046483374 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-98790 FILM NUMBER: 24656787 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM TAX FREE INCOME TRUST /MA/ DATE OF NAME CHANGE: 19920902 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM TAX FREE INCOME TRUST DATE OF NAME CHANGE: 19920101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM FUNDS TRUST CENTRAL INDEX KEY: 0001005942 ORGANIZATION NAME: IRS NUMBER: 043299786 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-00515 FILM NUMBER: 24656789 BUSINESS ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6177601000 MAIL ADDRESS: STREET 1: 100 FEDERAL STREET CITY: BOSTON STATE: MA ZIP: 02110 0000771951 S000003860 Putnam Strategic Intermediate Municipal Fund C000010817 Class C Shares C000010819 Class A Shares PPNAX C000010820 Class B Shares PTFIX C000060535 CLASS Y C000202840 Class R6 Shares 0001005942 S000000775 Putnam International Value Fund C000002290 Class Y shares C000002291 Class A shares PNGAX C000002292 Class B shares PGNBX C000002293 Class C shares PIGRX C000002295 Class R shares PIIRX C000136806 Class R6 0001005942 S000024247 Putnam Global Technology Fund C000071535 Class A C000071537 Class C C000071539 Class R C000071540 Class Y C000203065 Class R6 Shares 0001005942 S000039833 Putnam Short-Term Municipal Income Fund C000123516 CLASS A C000123518 CLASS C C000123520 CLASS Y C000202822 Class R6 Shares 0001295293 S000004000 Putnam Sustainable Retirement 2030 Fund C000011171 Class A Shares C000011172 Class B Shares C000011173 Class C Shares C000011175 Class R Shares C000011176 Class Y Shares C000174679 Class R6 Shares C000222446 Class R3 Shares C000222447 Class R4 Shares C000222448 Class R5 Shares 0001295293 S000067468 Putnam Retirement Advantage 2040 Fund C000216922 Class C Shares PBBZX C000216923 Class R Shares PBAOX C000216924 Class R6 Shares PBAMX C000216925 Class Y Shares PALZX C000216926 Class A Shares PCCLX C000221990 Class R3 Shares PAGKX C000221991 Class R4 Shares PAGJX C000221992 Class R5 Shares PAGOX 0001295293 S000067469 Putnam Retirement Advantage 2045 Fund C000216927 Class Y Shares PAFJX C000216928 Class R6 Shares PAFMX C000216929 Class R Shares PAFZX C000216930 Class C Shares PAFPX C000216932 Class A Shares PALGX C000221993 Class R4 Shares PAGUX C000221994 Class R3 Shares PAGQX C000221995 Class R5 Shares PAGWX 0001295293 S000067470 Putnam Retirement Advantage 2050 Fund C000216933 Class A Shares PAEZX C000216935 Class C Shares PAENX C000216936 Class R Shares PAEQX C000216937 Class Y Shares PHPDX C000216938 Class R6 Shares PAEKX C000221996 Class R3 Shares PAGZX C000221997 Class R4 Shares PAHAX C000221998 Class R5 Shares PAHDX 0001295293 S000067472 Putnam Retirement Advantage 2060 Fund C000216945 Class A Shares PAAVX C000216947 Class C Shares PAAPX C000216948 Class R Shares PAAMX C000216949 Class Y Shares PAKJX C000216950 Class R6 Shares PAAKX C000222002 Class R3 Shares PAHJX C000222003 Class R5 Shares PAHLX C000222004 Class R4 Shares PAHKX 0001845809 S000071710 Putnam Focused Large Cap Value ETF C000227196 - 497 1 a_multisupp.htm MULTIPLE PUTNAM FUNDS

 

Prospectus and Statement of

Additional Information Supplement  

 February 21, 2024

 

Putnam Focused Large Cap Value ETF

Putnam Global Technology Fund

Putnam International Value Fund

Putnam Retirement Advantage 2040 Fund

Putnam Retirement Advantage 2045 Fund

Putnam Retirement Advantage 2050 Fund

Putnam Retirement Advantage 2060 Fund

Putnam Short-Term Municipal Income Fund

Putnam Strategic Intermediate Municipal Fund

Putnam Sustainable Retirement 2030 Fund

 

On January 1, 2024 (the “Effective Date”), a subsidiary of Franklin Resources, Inc. (“Franklin Resources”) acquired Putnam U.S. Holdings I, LLC (“Putnam Holdings”) in a stock and cash transaction (the “Transaction”). As a result of the Transaction, Putnam Investment Management, LLC (“Putnam Management”), a wholly-owned subsidiary of Putnam Holdings and the investment manager to the Putnam family of funds (the “Putnam Funds”), Putnam Investments Limited (“PIL”), an indirect, wholly-owned subsidiary of Putnam Holdings and a sub-adviser to certain of the Putnam Funds, and The Putnam Advisory Company, LLC (“PAC”), an indirect, wholly-owned subsidiary of Putnam Holdings and a sub-adviser to certain of the Putnam Funds, became indirect, wholly-owned subsidiaries of Franklin Resources.

Under the Investment Company Act of 1940, as amended, the Transaction resulted in the automatic termination of the investment management contract between each Putnam Fund and Putnam Management and any related sub-advisory contracts that were in place for each Putnam Fund before the Transaction. However, beginning on the Effective Date, Putnam Management and, where applicable, the Putnam Funds’ sub-adviser(s) continued to provide uninterrupted services with respect to the Putnam Funds listed above pursuant to interim investment management and sub-advisory contracts that were approved by the Board of Trustees for use while the Putnam Funds sought shareholder approval of new investment management and sub-advisory contracts. On February 14, 2024, the shareholders of each above-listed Putnam Fund approved new investment management and sub-advisory contracts, which are now in effect. The terms of the new investment management and sub-advisory contracts are substantially similar to those of the previous investment management and sub-advisory contracts.

The Prospectus and Statement of Additional Information for each of the Putnam Funds listed above are amended to reflect the foregoing.

 

Shareholders should retain this Supplement for future reference.

 

336319 2/24

 

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