497 1 git1.txt PUTNAM GLOBAL INCOME TRUST [H&M Final, July 31, 2002] [Translation] SEMI-ANNUAL REPORT (During the Eighth Term) From: November 1, 2001 To: April 30, 2002 AMENDMENT TO SECURITIES REGISTRATION STATEMENT PUTNAM GLOBAL INCOME TRUST Semi-annual Report (During the Eighth Term) From: November 1, 2001 To: April 30, 2002 PUTNAM GLOBAL INCOME TRUST Semi-annual Report (During the Eighth Term) From: November 1, 2001 To: April 30, 2002 To: Director of Kanto Local Finance Bureau Filing Date: July 31, 2002 Name of the Registrant Trust: PUTNAM GLOBAL INCOME TRUST Name and Official Title of Charles E. Porter Representative of Trust: Executive Vice President, Treasurer and Principal Financial Officer Address of Principal Office: One Post Office Square Boston, Massachusetts 02109 U.S.A. Name and Title of Registration Agent: Harume Nakano Attorney-at-Law Signature [Harume Nakano] ------------------------ (Seal) Ken Miura Attorney-at-Law Signature [Ken Miura] ------------------------ (Seal) Address or Place of Business Kasumigaseki Building, 25th Floor 2-5, Kasumigaseki 3-chome Chiyoda-ku, Tokyo Name of Liaison Contact: Harume Nakano Ken Miura Attorneys-at-Law Place of Liaison Contact: Hamada & Matsumoto Kasumigaseki Building, 25th Floor 2-5, Kasumigaseki 3-chome Chiyoda-ku, Tokyo Phone Number: 03-3580-3377 Places where a copy of this Semi-annual Report is available for Public Inspection Not applicable. (Total number of pages of this Semi-annual Report in Japanese is 27 including front and back pages.) CONTENTS This English Japanese translation Original I. STATUS OF INVESTMENT FUND (1) Diversification of Investment Portfolio 1 1 (2) Results of Past Operations 2 2 (a) Record of Changes in Net Assets 2 2 (b) Record of Distributions Paid 3 3 (c) Record of Changes in Yield 4 3 (3) Record of Sales and Repurchases 4 3 II. THE FINANCIAL STATUS OF THE FUND 5 4 III. OUTLINE OF THE FUND 1. Fund 6 27 (1) Amount of Capital Stock 6 27 (2) Description of Business and Outline of Operation 6 27 (3) Miscellaneous 6 27 2. Putnam Investment Management, LLC. (Investment Management Company) 6 27 (1) Amount of Capital Stock 6 27 (2) Description of Business and Outline of Operation 7 27 (3) Miscellaneous 7 27 IV. OUTLINE OF THE FINANCIAL STATUS OF THE INVESTMENT MANAGEMENT COMPANY 7 28
I. STATUS OF INVESTMENT FUND (1) Diversification of Investment Portfolio (As of the end of May 2002) -------------------------------------------------------------------------------------------------------- Type of Asset Name of Country Total U.S. Dollars Investment Ratio (%) Foreign Government Bonds and Notes France 15,155,295 10.95% Sweden 7,034,142 5.08% United Kingdom 6,538,814 4.72% Canada 5,381,967 3.89% New Zealand 5,169,004 3.73% Germany 5,158,865 3.73% Australia 5,102,201 3.69% Spain 3,949,120 2.85% Russia 1,778,168 1.28% Brazil 1,530,773 1.11% Denmark 1,259,931 0.91% Mexico 1,191,563 0.86% Bulgaria 424,440 0.31% Sub-Total 59,674,283 43.12% U.S. Government Obligations United States 36,301,693 26.23% Corporate Bonds Netherlands 4,727,180 3.42% Italy 4,612,645 3.33% United States 2,600,052 1.88% Denmark 2,595,666 1.88% United Kingdom 1,081,292 0.78% Luxembourg 864,732 0.62% Germany 637,245 0.46% Cayman islands 285,329 0.21% Norway 234,204 0.17% Singapore 95,288 0.07% France 48,720 0.04% Austria 29,105 0.02% Sub-Total 17,811,458 12.87% Collateralized Mortgage Obligations United States 9,858,889 7.12% United Kingdom 1,111,659 0.80% Sub-Total 10,970,548 7.93% Asset-Backed United States 3,612,203 2.61% Common Stock United States 246,960 0.18% Convertible Bonds United Kingdom 68,103 0.05% Warrants Netherlands 113 0.00% United Kingdom 3 0.00% Sub-Total 116 0.00% Short Term Investments United States 3,751,773 2.71% Cash, Deposits and Other Assets (After deduction of liabilities) 5,959,438 4.31% Total (Net Asset Value) 138,396,575 100.00% (16,538 million yen)
Note 1: Investment ratio is calculated by dividing each asset at its market value by the total Net Asset Value of the Fund. The same applies hereinafter. Note 2: The exchange rate of U.S. Dollars ("dollar" or "$") into Japanese Yen is (YEN) 119.50 for one U.S. Dollar, which is the actual middle point between the selling and buying currency rate by telegraphic transfer of The Bank of Tokyo-Mitsubishi, Ltd. on June 28, 2002. The same applies hereinafter. Note 3: In this report, money amounts and percentages have been rounded. Therefore, there are cases in which the amount for the "total" column is not equal to the aggregate amount. Also, conversion into other currencies is done simply by multiplying the corresponding amount by the conversion rate specified and rounded up when necessary. As a result, in this report, there are cases in which figures for the same information differ from each other. (2) Results of Past Operations (a) Record of Changes in Net Assets (Class M Shares) Record of changes in net assets at the end of each month within one year prior to the end of May 2002 is as follows:
----------------------------------------------------------------------------------- Total Net Asset Value Net Asset Value per Share --------------------------------------------------------------- Dollar Yen (thousands) (millions) Dollar Yen ----------------------------------------------------------------------------------- 2001 End of June 57,918 6,921 10.63 1,270 July 55,316 6,610 10.72 1,281 August 55,185 6,595 10.92 1,305 September 53,600 6,405 10.84 1,295 October 52,481 6,271 10.91 1,304 November 51,113 6,108 10.81 1,292 December 48,284 5,770 10.61 1,268 2002 End of January 46,588 5,567 10.50 1,255 February 45,842 5,478 10.53 1,258 March 43,975 5,255 10.47 1,251 April 43,726 5,225 10.74 1,283 May 43,946 5,252 10.93 1,306 -----------------------------------------------------------------------------------
(b) Record of Distributions Paid (Class M Shares)
Amount of Dividend Period paid per Share Return of Capital -------------------------------------------------------------------------- 7th Fiscal Year (11/1/00-10/31/01) $0.150 (\17.93) $0.430 (\51.4) --------------------------------------------------------------------------
Records of distribution paid and Net Asset Value per share from June 2001 to May 2002 are as follows: -------------------------------------------------------------------------- Dividend Net Asset Value Ex-dividend Date (dollar) Per Share (dollar) -------------------------------------------------------------------------- June 25, 2001 0.048 10.71 July 20, 2001 0.048 10.68 August 23, 2001 0.048 10.89 September 20, 2001 0.047 10.90 October 25, 2001 0.041 10.80 November 20, 2001 0.041 10.76 December 20, 2001 0.041 10.66 January 22, 2002 0.041 10.61 February 25, 2002 0.041 10.55 March 25, 2002 0.041 10.50 April 25, 2002 0.034 10.66 May 23, 2002 0.034 10.81 -------------------------------------------------------------------------- Note: Operations of Class M Shares were commenced on March 17, 1995. (c) Record of Changes in Return Rate (Class M Shares) -------------------------------------------------------------------------- Period Return Rate (*) -------------------------------------------------------------------------- June 1, 2001 - May 31, 2002 6.57% -------------------------------------------------------------------------- (*) Return Rate (%) =[ [ Ending NAV * A]] / Beginning NAV] - 1 "A" shall be obtained by multiplying together all the amounts of such dividend as distributed during the period divided by the net asset value per share on the ex-dividend day of the relevant distribution plus 1. Provided that Beginning NAV means net asset value per share on May 31, 2001 and Ending NAV means net asset value per share on May 31, 2002. (3) Record of Sales and Repurchases (Class M shares) Records of sales and repurchases during one year period up to and including the end of May 2002 and number of outstanding shares of the Fund as of the end of May 2002 are as follows: -------------------------------------------------------------------------- Number of Number of Shares Number of Shares Sold Repurchased Outstanding Shares -------------------------------------------------------------------------- Worldwide 1,045,149 2,814,544 4,025,710 (In Japan) (628,300) (2,411,200) (3,936,100) -------------------------------------------------------------------------- Note: The number of Shares sold, repurchased and outstanding in the parentheses represents those sold, repurchased and outstanding in Japan. Shares have been sold in Japan starting December, 1997. Note 2: The number of Shares repurchased in Japan, 2,411,200, includes 77,700 that had been transferred to Merill Lynch Pierce Fenner and Smith on March 28, 2002. II. THE FINANCIAL STATUS OF THE FUND [Translation of Unaudited Semi-annual Accounts will be attached.] III. OUTLINE OF THE FUND 1. Fund (1) Amount of Capital Stock (as of the end of May 2002) Not applicable. (2) Description of Business and Outline of Operation The Fund may carry out any administrative and managerial act, including the purchase, sale, subscription and exchange of any securities, and the exercise of all rights directly or indirectly pertaining to the Fund's assets. The Fund has retained Putnam Investment Management, LLC., the investment adviser, to render investment advisory services, and Putnam Fiduciary Trust Company to hold the assets of the Fund in custody and act as Investor Servicing Agent. (3) Miscellaneous There has been, or is, no litigation which had or is expected to have a material effect on the Fund and/or the Investment Management Company during the six months before the filing of this report. 2. Putnam Investment Management, LLC.. (Investment Management Company) (1) Amount of Capital Stock (as of the end of May 2002) 1. Amount of Capital (issued capital stock at par value): Common Stock 1,000 shares at $1 par value 2. Number of authorized shares of capital stock: Common Stock 1,000 shares 3. Number of outstanding shares of capital stock: Common Stock 1,000 shares 4. Amount of capital (for the purposes of this Item, "Amount of Capital" means total stockholders' equity) for the past five years including paid-in surplus, retained earnings and unrealized loss: Amount of Capital Year (Total Stockholders' Equity) ----------- ---------------------------- End of 1997 $48,617,160 End of 1998 $171,339,261 End of 1999 $198,676,287 End of 2000 $209,635,521 End of 2001 $170,497,323 (2) Description of Business and Outline of Operations Investment Management Company is engaged in the business of providing investment management and investment advisory services to mutual funds. As of the end of May 2002, Investment Management Company managed, advised, and/or administered the following 115 funds and fund portfolios (having an aggregate net asset value of nearly $208 billion):
----------------------------------------------------------------------------------------------------- Country where Funds are Principal Characteristic Number of Funds Net Asset Value established or managed (million dollars) ----------------------------------------------------------------------------------------------------- Closed End Type Bond Fund 14 3,692.93 ------------------------------------------------------------------------ Open End Type Balanced Fund 13 46,472.35 U.S.A. ------------------------------------------------------------------------ Open End Type Bond Fund 35 39,601.37 ------------------------------------------------------------------------ Open End Type Equity Fund 53 117,919.75 -----------------------------------------------------------------------------------------------------
(3) Miscellaneous There has been, or is, no litigation which had or is expected to have a material effect on the Fund and/or the Investment Management Company during the six months before the filing of this report. IV. OUTLINE OF THE FINANCIAL STATUS OF THE INVESTMENT MANAGEMENT COMPANY [Translation of Unaudited Semi-annual Accounts will be attached.] AMENDMENT TO SECURITIES REGISTRATION STATEMENT PUTNAM GLOBAL INCOME TRUST To: Director of Kanto Local Finance Bureau Filing Date: July 31, 2002 Name of the Registrant Trust: PUTNAM GLOBAL INCOME TRUST Name and Official Title of Charles E. Porter Representative of Trust: Executive Vice President, Treasurer and Principal Financial Officer Address of Principal Office: One Post Office Square Boston, Massachusetts 02109 U.S.A. Name and Title of Registration Agent: Harume Nakano Attorney-at-Law Signature [Harume Nakano] ------------------------ (Seal) Ken Miura Attorney-at-Law Signature [Ken Miura] ------------------------ (Seal) Address or Place of Business Kasumigaseki Building, 25th Floor 2-5, Kasumigaseki 3-chome Chiyoda-ku, Tokyo Name of Liaison Contact: Harume Nakano Ken Miura Attorneys-at-Law Place of Liaison Contact: Hamada & Matsumoto Kasumigaseki Building, 25th Floor 2-5, Kasumigaseki 3-chome Chiyoda-ku, Tokyo Phone Number: 03-3580-3377 Public Offering or Sale for Registration Name of the Fund Making Public PUTNAM GLOBAL INCOME TRUST Offering or Sale of Foreign Investment Fund Securities: Type and Aggregate Amount of Up to 100 million Class M Shares Foreign Investment Fund Securities Up to the total amount aggregating to be Publicly Offered or Sold: the amounts calculated by multiplying the respective net asset value per Class M Share by the respective number of Class M Shares in respect of 100 million Class M Shares (The Maximum amount expected to be sold is 1,050 million U.S. dollars (approximately 125.5 billion). Note 1: The exchange rate of U.S. Dollars ("dollar" or "$") into Japanese Yen is 119.50 for one U.S. Dollar, which is the actual middle point between the selling and buying currency rate by telegraphic transfer of The Bank of Tokyo-Mitsubishi, Ltd. on June 28, 2002. Note 2: The maximum amount expected to be sold is an amount calculated by multiplying the net asset value per Class M Share as of January 31, 2002 (U.S.$10.50) by 100 million Class M Shares for convenience. Places where a copy of this Amendment to the Securities Registration Statement is available for Public Inspection Not applicable. (Total number of pages of this Amendment to Securities Registration Statement in Japanese is 2 including front and back pages.) I. Reason For Filing This Amendment To Securities Registration Statement: This statement purports to amend and update the relevant information of the Securities Registration Statement ("SRS") filed on March 15, 2002 (amended on May 14, 2002) due to the fact that the aforementioned Semi-annual Report was filed today. The exchange rates used in this statement to translate the amended amounts of foreign currencies are different from those used before these amendments, as the latest exchange rates are used in this statement. II. Contents of the Amendments: Part II. INFORMATION ON THE ISSUER (page 4 of the original Japanese SRS) The following matters in the original Japanese SRS are amended to have the same contents as those provided in the following items of the aforementioned Semi-annual Report: Before amendment After amendment ---------------- --------------- [Original Japanese SRS] [Aforementioned Semi-annual Report] I. Description of the Fund I. Status of Investment Fund 5. Status of Investment Fund (A) Diversification of Investment (1) Diversification of Investment Portfolio Portfolio (the aforementioned Japanese Semi-annual Report, page 1) (B) Results of Past Operations (2) Results of Past Operations (1) Record of Changes in Net Assets a) Record of Changes in Net Assets (Class M Shares) (Class M Shares) (Ditto, page 2) (Regarding the amounts as at (Regarding the amounts as at the end of each month during the end of each month during one-year period from, and one-year period from, and including, the latest relevant including, the latest date appertaining to the filing relevant date appertaining date of the original Japanese to the filing date of the SRS) aforementioned Semi-annual Report) (2) Record of Distributions Paid b) Record of Distributions Paid (Class M Shares) (Class M Shares) (Ditto, page 3) (Regarding the dividends paid (Regarding the dividends paid at the end of each month up to at the end of each month the latest relevant date of the up to the latest relevant date original Japanese SRS) of the aforementioned Semi-annual Report) c) Record of Changes in Return Rate (Class M Shares) (Ditto, page 3) II. Outline of the Fund III. Outline of the Fund 1. Fund 1. Fund (E) Amount of Capital Stock (1) Amount of Capital Stock (Ditto, page 27) (I) Description of Business and (2) Description of Business and Outline of Operation Outline of Operation (Ditto, page 27) (J) Miscellaneous (3) Miscellaneous (Ditto, page 27) 2. Putnam Investment Management, LLC. 2. Putnam Investment Management, LLC. (Investment Management Company) (Investment Management Company) (E) Amount of Capital Stock (1) Amount of Capital Stock (Ditto, page 27) (I) Description of Business and (2) Description of Business and Outline of Operation Outline of Operation (Ditto, page 27) (J) Miscellaneous (3) Miscellaneous (Ditto, page 27) With respect to Section IV the Financial Condition of the Fund in the original SRS, Item II The Financial Status of the Fund in the aforementioned Semi-annual Report (Ditto, from page 4 to26) is added to the original SRS. Part III. SPECIAL INFORMATION (page 5 of the original Japanese SRS) With respect to Section II the Financial Conditions of the Investment Management Company in the original SRS, Item IV Outline of Financial Status of the Investment Management Company in the aforementioned Semi-annual Report (Ditto, from page 28 to 49) is added to the original SRS.