X0101 EFFECT 33 LIVE 2025-08-06 16:30:00

N-14

0001845809 Putnam ETF Trust 333-288406 0001845809 Putnam ETF Trust S000094549 Franklin California Municipal Income ETF C000263082 Franklin California Municipal Income ETF 0000711402 PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND S000005498 PUTNAM CALIFORNIA TAX EXEMPT INCOME TRUST C000014969 Class A Shares 0001845809 Putnam ETF Trust S000094549 Franklin California Municipal Income ETF C000263082 Franklin California Municipal Income ETF 0000711402 PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND S000005498 PUTNAM CALIFORNIA TAX EXEMPT INCOME TRUST C000014971 Class C Shares 0001845809 Putnam ETF Trust S000094549 Franklin California Municipal Income ETF C000263082 Franklin California Municipal Income ETF 0000711402 PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND S000005498 PUTNAM CALIFORNIA TAX EXEMPT INCOME TRUST C000060520 CLASS Y 0001845809 Putnam ETF Trust S000094549 Franklin California Municipal Income ETF C000263082 Franklin California Municipal Income ETF 0000711402 PUTNAM CALIFORNIA TAX EXEMPT INCOME FUND S000005498 PUTNAM CALIFORNIA TAX EXEMPT INCOME TRUST C000202778 Class R6 Shares 0001845809 Putnam ETF Trust S000094550 Franklin Pennsylvania Municipal Income ETF C000263083 Franklin Pennsylvania Municipal Income ETF 0000794615 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND S000006567 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND C000017915 Class A Shares 0001845809 Putnam ETF Trust S000094550 Franklin Pennsylvania Municipal Income ETF C000263083 Franklin Pennsylvania Municipal Income ETF 0000794615 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND S000006567 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND C000039842 Class C Shares 0001845809 Putnam ETF Trust S000094550 Franklin Pennsylvania Municipal Income ETF C000263083 Franklin Pennsylvania Municipal Income ETF 0000794615 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND S000006567 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND C000060576 CLASS Y 0001845809 Putnam ETF Trust S000094550 Franklin Pennsylvania Municipal Income ETF C000263083 Franklin Pennsylvania Municipal Income ETF 0000794615 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND S000006567 PUTNAM PENNSYLVANIA TAX EXEMPT INCOME FUND C000202936 Class R6 Shares 0001845809 Putnam ETF Trust S000094551 Franklin Municipal Income ETF C000263084 Franklin Municipal Income ETF 0000205802 PUTNAM TAX EXEMPT INCOME FUND S000006568 PUTNAM TAX EXEMPT INCOME FUND C000017917 Class C Shares 0001845809 Putnam ETF Trust S000094551 Franklin Municipal Income ETF C000263084 Franklin Municipal Income ETF 0000205802 PUTNAM TAX EXEMPT INCOME FUND S000006568 PUTNAM TAX EXEMPT INCOME FUND C000017918 Class A Shares 0001845809 Putnam ETF Trust S000094551 Franklin Municipal Income ETF C000263084 Franklin Municipal Income ETF 0000205802 PUTNAM TAX EXEMPT INCOME FUND S000006568 PUTNAM TAX EXEMPT INCOME FUND C000060417 CLASS Y 0001845809 Putnam ETF Trust S000094551 Franklin Municipal Income ETF C000263084 Franklin Municipal Income ETF 0000205802 PUTNAM TAX EXEMPT INCOME FUND S000006568 PUTNAM TAX EXEMPT INCOME FUND C000202806 Class R6 Shares 0001845809 Putnam ETF Trust S000094552 Franklin Municipal High Yield ETF C000263085 Franklin Municipal High Yield ETF 0000771951 PUTNAM TAX FREE INCOME TRUST S000003861 Putnam Tax-Free High Yield Fund C000010821 Class C Shares 0001845809 Putnam ETF Trust S000094552 Franklin Municipal High Yield ETF C000263085 Franklin Municipal High Yield ETF 0000771951 PUTNAM TAX FREE INCOME TRUST S000003861 Putnam Tax-Free High Yield Fund C000010822 Class A Shares 0001845809 Putnam ETF Trust S000094552 Franklin Municipal High Yield ETF C000263085 Franklin Municipal High Yield ETF 0000771951 PUTNAM TAX FREE INCOME TRUST S000003861 Putnam Tax-Free High Yield Fund C000060536 CLASS Y 0001845809 Putnam ETF Trust S000094552 Franklin Municipal High Yield ETF C000263085 Franklin Municipal High Yield ETF 0000771951 PUTNAM TAX FREE INCOME TRUST S000003861 Putnam Tax-Free High Yield Fund C000202841 Class R6 Shares 0001845809 Putnam ETF Trust S000094553 Franklin New York Municipal Income ETF C000263086 Franklin New York Municipal Income ETF 0000719712 PUTNAM NEW YORK TAX EXEMPT INCOME FUND S000006345 PUTNAM NEW YORK TAX EXEMPT INCOME FUND C000017441 Class C Shares 0001845809 Putnam ETF Trust S000094553 Franklin New York Municipal Income ETF C000263086 Franklin New York Municipal Income ETF 0000719712 PUTNAM NEW YORK TAX EXEMPT INCOME FUND S000006345 PUTNAM NEW YORK TAX EXEMPT INCOME FUND C000017443 Class A Shares 0001845809 Putnam ETF Trust S000094553 Franklin New York Municipal Income ETF C000263086 Franklin New York Municipal Income ETF 0000719712 PUTNAM NEW YORK TAX EXEMPT INCOME FUND S000006345 PUTNAM NEW YORK TAX EXEMPT INCOME FUND C000060413 CLASS Y 0001845809 Putnam ETF Trust S000094553 Franklin New York Municipal Income ETF C000263086 Franklin New York Municipal Income ETF 0000719712 PUTNAM NEW YORK TAX EXEMPT INCOME FUND S000006345 PUTNAM NEW YORK TAX EXEMPT INCOME FUND C000202782 Class R6 Shares 0001845809 Putnam ETF Trust S000094554 Franklin Short-Term Municipal Income ETF C000263087 Franklin Short-Term Municipal Income ETF 0001005942 PUTNAM FUNDS TRUST S000039833 Putnam Short-Term Municipal Income Fund C000123516 CLASS A 0001845809 Putnam ETF Trust S000094554 Franklin Short-Term Municipal Income ETF C000263087 Franklin Short-Term Municipal Income ETF 0001005942 PUTNAM FUNDS TRUST S000039833 Putnam Short-Term Municipal Income Fund C000123518 CLASS C 0001845809 Putnam ETF Trust S000094554 Franklin Short-Term Municipal Income ETF C000263087 Franklin Short-Term Municipal Income ETF 0001005942 PUTNAM FUNDS TRUST S000039833 Putnam Short-Term Municipal Income Fund C000123520 CLASS Y 0001845809 Putnam ETF Trust S000094554 Franklin Short-Term Municipal Income ETF C000263087 Franklin Short-Term Municipal Income ETF 0001005942 PUTNAM FUNDS TRUST S000039833 Putnam Short-Term Municipal Income Fund C000202822 Class R6 Shares 0001845809 Putnam ETF Trust S000094555 Franklin Massachusetts Municipal Income ETF C000263088 Franklin Massachusetts Municipal Income ETF 0000792288 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND/MA/ S000006210 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND C000017118 Class C Shares 0001845809 Putnam ETF Trust S000094555 Franklin Massachusetts Municipal Income ETF C000263088 Franklin Massachusetts Municipal Income ETF 0000792288 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND/MA/ S000006210 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND C000017120 Class A Shares 0001845809 Putnam ETF Trust S000094555 Franklin Massachusetts Municipal Income ETF C000263088 Franklin Massachusetts Municipal Income ETF 0000792288 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND/MA/ S000006210 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND C000060571 CLASS Y 0001845809 Putnam ETF Trust S000094555 Franklin Massachusetts Municipal Income ETF C000263088 Franklin Massachusetts Municipal Income ETF 0000792288 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND/MA/ S000006210 PUTNAM MASSACHUSETTS TAX EXEMPT INCOME FUND C000202927 Class R6 Shares 0001845809 Putnam ETF Trust S000094556 Franklin Minnesota Municipal Income ETF C000263089 Franklin Minnesota Municipal Income ETF 0000794612 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND S000006218 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND II C000017144 Class A Shares 0001845809 Putnam ETF Trust S000094556 Franklin Minnesota Municipal Income ETF C000263089 Franklin Minnesota Municipal Income ETF 0000794612 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND S000006218 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND II C000039836 Class C Shares 0001845809 Putnam ETF Trust S000094556 Franklin Minnesota Municipal Income ETF C000263089 Franklin Minnesota Municipal Income ETF 0000794612 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND S000006218 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND II C000060573 CLASS Y 0001845809 Putnam ETF Trust S000094556 Franklin Minnesota Municipal Income ETF C000263089 Franklin Minnesota Municipal Income ETF 0000794612 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND S000006218 PUTNAM MINNESOTA TAX EXEMPT INCOME FUND II C000202929 Class R6 Shares 0001845809 Putnam ETF Trust S000094557 Franklin New Jersey Municipal Income ETF C000263090 Franklin New Jersey Municipal Income ETF 0000857463 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND S000006252 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND C000017198 Class A Shares 0001845809 Putnam ETF Trust S000094557 Franklin New Jersey Municipal Income ETF C000263090 Franklin New Jersey Municipal Income ETF 0000857463 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND S000006252 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND C000039838 Class C Shares 0001845809 Putnam ETF Trust S000094557 Franklin New Jersey Municipal Income ETF C000263090 Franklin New Jersey Municipal Income ETF 0000857463 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND S000006252 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND C000060575 CLASS Y 0001845809 Putnam ETF Trust S000094557 Franklin New Jersey Municipal Income ETF C000263090 Franklin New Jersey Municipal Income ETF 0000857463 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND S000006252 PUTNAM NEW JERSEY TAX EXEMPT INCOME FUND C000202931 Class R6 Shares 0001845809 Putnam ETF Trust S000094558 Franklin Ohio Municipal Income ETF C000263091 Franklin Ohio Municipal Income ETF 0000794616 PUTNAM OHIO TAX EXEMPT INCOME FUND S000006390 PUTNAM OHIO TAX EXEMPT INCOME FUND II C000017547 Class A Shares 0001845809 Putnam ETF Trust S000094558 Franklin Ohio Municipal Income ETF C000263091 Franklin Ohio Municipal Income ETF 0000794616 PUTNAM OHIO TAX EXEMPT INCOME FUND S000006390 PUTNAM OHIO TAX EXEMPT INCOME FUND II C000039840 Class C Shares 0001845809 Putnam ETF Trust S000094558 Franklin Ohio Municipal Income ETF C000263091 Franklin Ohio Municipal Income ETF 0000794616 PUTNAM OHIO TAX EXEMPT INCOME FUND S000006390 PUTNAM OHIO TAX EXEMPT INCOME FUND II C000060574 CLASS Y 0001845809 Putnam ETF Trust S000094558 Franklin Ohio Municipal Income ETF C000263091 Franklin Ohio Municipal Income ETF 0000794616 PUTNAM OHIO TAX EXEMPT INCOME FUND S000006390 PUTNAM OHIO TAX EXEMPT INCOME FUND II C000202934 Class R6 Shares