-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, StFRouThVQBOATll78pirOVgxTo2P4F0JprRt66/6sHgI67VXguzjDoYj72lr3oI Aigbplujas+1dQkke7czvQ== 0000928816-04-000972.txt : 20040928 0000928816-04-000972.hdr.sgml : 20040928 20040928112152 ACCESSION NUMBER: 0000928816-04-000972 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040731 FILED AS OF DATE: 20040928 DATE AS OF CHANGE: 20040928 EFFECTIVENESS DATE: 20040928 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM FUND FOR GROWTH & INCOME CENTRAL INDEX KEY: 0000081260 IRS NUMBER: 046013678 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-00781 FILM NUMBER: 041048666 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAIKLSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GROWTH FUND DATE OF NAME CHANGE: 19841025 N-Q 1 pfg1.txt THE PUTNAM FUND FOR GROWTH AND INCOME Item 1. Schedule of Investments: - -------------------------------- Putnam Fund for Growth and Income QUARTERLY PORTFOLIO HOLDINGS 7-31-04 [LOGO OMITTED: scales]
Putnam Fund for Growth and Income - ----------------------------------------------------------------------------------------------------------- The fund's portfolio July 31, 2004 (Unaudited) Common stocks (99.2%) (a) - ----------------------------------------------------------------------------------------------------------- Number of shares Value - ----------------------------------------------------------------------------------------------------------- Aerospace and Defense (3.9%) - ----------------------------------------------------------------------------------------------------------- 5,414,692 Boeing Co. (The) $274,795,619 3,733,874 Lockheed Martin Corp. 197,857,983 786,230 Northrop Grumman Corp. (S) 41,355,698 2,685,700 Raytheon Co. (S) 90,105,235 959,800 United Technologies Corp. 89,741,300 ------------- 693,855,835 Airlines (0.6%) - ----------------------------------------------------------------------------------------------------------- 7,119,430 Southwest Airlines Co. (S) 103,018,152 Automotive (0.9%) - ----------------------------------------------------------------------------------------------------------- 4,003,300 Ford Motor Co. (S) 58,928,576 830,787 Lear Corp. (S) 45,801,287 1,478,215 SPX Corp. (S) 60,532,904 ------------- 165,262,767 Banking (9.5%) - ----------------------------------------------------------------------------------------------------------- 5,763,898 Bank of America Corp. 489,988,969 3,690,409 Bank of New York Co., Inc. (The) 106,025,451 278,400 Commerce Bancorp, Inc. 14,014,656 2,253,400 Fifth Third Bancorp (S) 111,227,824 229,900 M&T Bank Corp. (S) 21,433,577 1,635,951 National City Corp. (S) 59,712,212 528,600 Northern Trust Corp. 21,212,718 548,555 Sovereign Bancorp, Inc. (S) 11,942,042 2,920,800 State Street Corp. 125,039,448 774,000 Synovus Financial Corp. (S) 19,713,780 11,687,560 U.S. Bancorp 330,757,948 1,479,140 Wachovia Corp. (S) 65,540,693 976,200 Washington Mutual, Inc. (S) 37,876,560 4,935,443 Wells Fargo & Co. 283,343,783 ------------- 1,697,829,661 Beverage (1.7%) - ----------------------------------------------------------------------------------------------------------- 5,515,094 Coca-Cola Co. (The) 241,892,023 3,283,302 Coca-Cola Enterprises, Inc. 66,979,361 ------------- 308,871,384 Biotechnology (0.1%) - ----------------------------------------------------------------------------------------------------------- 367,100 Amgen, Inc. (NON) 20,880,648 Building Materials (1.2%) - ----------------------------------------------------------------------------------------------------------- 6,113,900 Masco Corp. (S) 184,884,336 433,300 Vulcan Materials Co. (S) 20,633,746 ------------- 205,518,082 Cable Television (0.1%) - ----------------------------------------------------------------------------------------------------------- 95,407 Liberty Media International, Inc. Class A (Rights) (NON) (S) 573,396 476,335 Liberty Media International, Inc. Class A (NON) (S) 14,852,125 ------------- 15,425,521 Chemicals (3.2%) - ----------------------------------------------------------------------------------------------------------- 904,200 Avery Dennison Corp. 54,767,394 6,111,836 Dow Chemical Co. (The) 243,801,138 2,171,700 E.I. du Pont de Nemours & Co. 93,100,779 1,561,600 Hercules, Inc. (NON) (S) 18,442,496 1,777,824 PPG Industries, Inc. (S) 104,802,725 1,177,400 Rohm & Haas Co. (S) 46,154,080 ------------- 561,068,612 Coal (0.1%) - ----------------------------------------------------------------------------------------------------------- 299,400 Peabody Energy Corp. (S) 16,820,292 Commercial and Consumer Services (0.3%) - ----------------------------------------------------------------------------------------------------------- 9,630,823 Service Corp. International (NON) 61,155,726 Computers (2.8%) - ----------------------------------------------------------------------------------------------------------- 17,876,930 Hewlett-Packard Co. 360,220,140 837,000 IBM Corp. 72,877,590 249,300 Lexmark International, Inc. (NON) 22,063,050 9,874,300 Sun Microsystems, Inc. (NON) 39,003,485 ------------- 494,164,265 Conglomerates (6.5%) - ----------------------------------------------------------------------------------------------------------- 35,453 Berkshire Hathaway, Inc. Class B (NON) (S) 102,600,982 16,769,183 General Electric Co. 557,575,335 3,014,027 Honeywell International, Inc. 113,357,555 775,678 Textron, Inc. (S) 47,549,061 10,724,649 Tyco International, Ltd. (Bermuda) (S) 332,464,119 ------------- 1,153,547,052 Consumer Finance (1.6%) - ----------------------------------------------------------------------------------------------------------- 565,000 Capital One Financial Corp. 39,165,800 1,424,500 Countrywide Financial Corp. 102,706,450 5,319,174 MBNA Corp. 131,330,406 1,289,600 Providian Financial Corp. (NON) (S) 17,848,064 ------------- 291,050,720 Consumer Goods (2.2%) - ----------------------------------------------------------------------------------------------------------- 1,403,300 Colgate-Palmolive Co. 74,655,560 552,785 Fortune Brands, Inc. 39,900,021 980,700 Kimberly-Clark Corp. 62,833,449 326,533 Newell Rubbermaid, Inc. (S) 7,053,113 3,829,566 Procter & Gamble Co. 199,711,867 ------------- 384,154,010 Containers (0.2%) - ----------------------------------------------------------------------------------------------------------- 394,600 Ball Corp. 28,482,228 657,400 Owens-Illinois, Inc. (NON) (S) 9,663,780 ------------- 38,146,008 Electric Utilities (3.6%) - ----------------------------------------------------------------------------------------------------------- 446,700 Dominion Resources, Inc. (S) 28,347,582 1,157,900 Duke Energy Corp. (S) 24,894,850 4,801,517 Edison International (S) 128,680,656 860,316 Entergy Corp. (S) 49,468,170 3,695,702 Exelon Corp. 128,980,000 450,000 FPL Group, Inc. (S) 30,298,500 317,200 Great Plains Energy, Inc. (S) 9,100,468 4,017,043 PG&E Corp. (NON) (S) 114,646,407 1,088,900 PPL Corp. 50,470,515 1,270,379 Progress Energy, Inc. (S) 53,533,771 1,924,400 Sierra Pacific Resources (NON) (S) 15,818,568 ------------- 634,239,487 Electrical Equipment (0.5%) - ----------------------------------------------------------------------------------------------------------- 1,009,800 Emerson Electric Co. 61,294,860 883,834 Rockwell Automation, Inc. (S) 33,064,230 ------------- 94,359,090 Electronics (1.4%) - ----------------------------------------------------------------------------------------------------------- 2,897,600 Intel Corp. 70,643,488 2,986,700 Micron Technology, Inc. (NON) 40,410,051 6,369,700 Motorola, Inc. 101,469,321 4,342,300 Solectron Corp. (NON) (S) 23,882,650 519,700 Vishay Intertechnology, Inc. (NON) (S) 8,055,350 ------------- 244,460,860 Energy (0.7%) - ----------------------------------------------------------------------------------------------------------- 709,900 GlobalSantaFe Corp. (Cayman Islands) 19,451,260 1,922,100 Halliburton Co. 61,026,675 1,234,200 Transocean, Inc. (Cayman Islands) (NON) (S) 35,051,280 472,100 Varco International, Inc. (NON) 11,410,657 ------------- 126,939,872 Financial (7.6%) - ----------------------------------------------------------------------------------------------------------- 15,332,278 Citigroup, Inc. 676,000,137 5,561,101 Fannie Mae 394,615,727 4,414,945 Freddie Mac 283,925,113 ------------- 1,354,540,977 Food (1.4%) - ----------------------------------------------------------------------------------------------------------- 540,000 ConAgra Foods, Inc. 14,040,000 1,089,000 General Mills, Inc. (S) 48,896,100 1,878,754 H.J. Heinz Co. (S) 69,307,235 977,700 Kellogg Co. (S) 40,730,982 457,552 Sara Lee Corp. 10,047,842 2,979,100 Tyson Foods, Inc. Class A (S) 56,781,646 ------------- 239,803,805 Forest Products and Packaging (1.2%) - ----------------------------------------------------------------------------------------------------------- 499,500 Boise Cascade Corp. 16,108,875 1,410,000 International Paper Co. 60,954,300 677,600 Plum Creek Timber Company, Inc. 21,263,088 1,707,630 Smurfit-Stone Container Corp. (NON) 31,778,994 1,359,067 Weyerhaeuser Co. 84,262,154 ------------- 214,367,411 Gaming & Lottery (0.4%) - ----------------------------------------------------------------------------------------------------------- 745,658 Harrah's Entertainment, Inc. (S) 34,665,640 765,099 MGM Mirage, Inc. (NON) (S) 33,779,121 ------------- 68,444,761 Health Care Services (2.1%) - ----------------------------------------------------------------------------------------------------------- 251,700 AmerisourceBergen Corp. (S) 13,606,902 2,136,589 Cardinal Health, Inc. 95,078,211 1,629,735 CIGNA Corp. (S) 101,059,867 325,977 Express Scripts, Inc. Class A (NON) (S) 21,384,091 646,179 Health Net, Inc. (NON) (S) 15,592,299 147,600 Humana, Inc. (NON) 2,673,036 2,244,500 McKesson Corp. (S) 72,205,565 236,500 Medco Health Solutions, Inc. (NON) 7,165,950 642,162 UnitedHealth Group, Inc. (S) 40,391,990 ------------- 369,157,911 Homebuilding (0.3%) - ----------------------------------------------------------------------------------------------------------- 257,300 Centex Corp. 10,914,666 227,400 D.R. Horton, Inc. 6,283,062 926,000 Lennar Corp. (S) 39,521,680 ------------- 56,719,408 Household Furniture and Appliances (0.3%) - ----------------------------------------------------------------------------------------------------------- 806,607 Whirlpool Corp. 50,364,541 Industrial (0.3%) - ----------------------------------------------------------------------------------------------------------- 750,000 3M Co. 61,770,000 Insurance (5.4%) - ----------------------------------------------------------------------------------------------------------- 3,700,623 ACE, Ltd. (Bermuda) 150,208,288 1,283,700 Allstate Corp. 60,436,596 6,408,977 American International Group, Inc. 452,794,225 597,207 Fidelity National Financial, Inc. 21,648,754 385,000 Hartford Financial Services Group, Inc. (The) 25,063,500 1,025,500 Metlife, Inc. (S) 36,579,585 968,000 Old Republic International Corp. (S) 22,544,720 114,710 Radian Group, Inc. 5,278,954 3,589,029 St. Paul Travelers Cos., Inc. (The) (S) 133,045,305 807,100 XL Capital, Ltd. Class A (Bermuda) (S) 57,045,828 ------------- 964,645,755 Investment Banking/Brokerage (3.8%) - ----------------------------------------------------------------------------------------------------------- 103,188 Goldman Sachs Group, Inc. (The) 9,100,150 251,100 Janus Capital Group, Inc. (S) 3,329,586 9,954,815 JPMorgan Chase & Co. 371,613,244 3,874,600 Merrill Lynch & Co., Inc. 192,645,112 1,804,535 Morgan Stanley Dean Witter & Co. 89,017,712 56,291 Piper Jaffray Companies, Inc. (NON) 2,293,858 ------------- 667,999,662 Leisure (0.2%) - ----------------------------------------------------------------------------------------------------------- 438,300 Harley-Davidson, Inc. 26,241,021 Lodging/Tourism (0.5%) - ----------------------------------------------------------------------------------------------------------- 2,431,600 Cendant Corp. 55,635,008 799,800 Marriott International, Inc. Class A (S) 39,030,240 ------------- 94,665,248 Machinery (1.1%) - ----------------------------------------------------------------------------------------------------------- 2,114,963 Ingersoll-Rand Co. Class A (Bermuda) 145,276,808 747,200 Parker-Hannifin Corp. 42,874,336 ------------- 188,151,144 Manufacturing (0.1%) - ----------------------------------------------------------------------------------------------------------- 577,100 Dover Corp. (S) 22,899,328 Media (2.3%) - ----------------------------------------------------------------------------------------------------------- 8,394,015 Liberty Media Corp. Class A (NON) 71,181,247 9,143,400 Time Warner, Inc. (NON) 152,237,610 7,736,109 Walt Disney Co. (The) 178,626,757 ------------- 402,045,614 Medical Technology (--%) - ----------------------------------------------------------------------------------------------------------- 215,000 Baxter International, Inc. 6,465,050 Metals (1.4%) - ----------------------------------------------------------------------------------------------------------- 7,326,600 Alcoa, Inc. (S) 234,670,998 651,808 Barrick Gold Corp. (Canada) (S) 12,462,569 ------------- 247,133,567 Natural Gas Utilities (0.1%) - ----------------------------------------------------------------------------------------------------------- 280,126 Sempra Energy (S) 10,014,505 687,800 Southern Union Co. (NON) (S) 13,694,098 ------------- 23,708,603 Oil & Gas (7.1%) - ----------------------------------------------------------------------------------------------------------- 395,300 Amerada Hess Corp. 32,948,255 2,046,199 Chevron Texaco Corp. 195,718,934 390,000 ConocoPhillips 30,720,300 419,232 Devon Energy Corp. 29,132,432 16,528,317 ExxonMobil Corp. 765,261,080 2,011,899 Marathon Oil Corp. 75,788,235 921,755 Noble Corp. (Cayman Islands) (NON) 35,690,354 407,338 Occidental Petroleum Corp. (S) 20,069,543 1,786,127 Unocal Corp. (S) 69,230,283 ------------- 1,254,559,416 Pharmaceuticals (8.4%) - ----------------------------------------------------------------------------------------------------------- 5,962,334 Abbott Laboratories 234,617,843 3,585,696 Bristol-Myers Squibb Co. 82,112,438 892,896 Eli Lilly Co. 56,895,333 5,278,900 Johnson & Johnson 291,764,803 4,270,142 King Pharmaceuticals, Inc. (NON) (S) 48,209,903 3,219,145 Merck & Co., Inc. 145,988,226 16,593,615 Pfizer, Inc. 530,331,935 2,903,832 Wyeth 102,795,653 ------------- 1,492,716,134 Photography/Imaging (1.0%) - ----------------------------------------------------------------------------------------------------------- 12,816,682 Xerox Corp. (NON) (S) 177,639,213 Publishing (0.1%) - ----------------------------------------------------------------------------------------------------------- 245,700 McGraw-Hill Companies, Inc. (The) (S) 18,442,242 Railroads (1.1%) - ----------------------------------------------------------------------------------------------------------- 627,500 Canadian National Railway Co. (Toronto Exchange) (Canada) 28,256,325 1,060,600 Norfolk Southern Corp. (S) 28,307,414 2,474,301 Union Pacific Corp. 139,402,118 ------------- 195,965,857 Real Estate (0.2%) - ----------------------------------------------------------------------------------------------------------- 1,552,542 Equity Office Properties Trust (R) 40,288,465 Regional Bells (2.8%) - ----------------------------------------------------------------------------------------------------------- 5,188,435 BellSouth Corp. 140,554,704 2,629,100 Qwest Communications International, Inc. (NON) (S) 10,227,199 2,749,700 SBC Communications, Inc. 69,677,398 7,321,500 Verizon Communications, Inc. 282,170,610 ------------- 502,629,911 Restaurants (1.5%) - ----------------------------------------------------------------------------------------------------------- 853,600 Darden Restaurants, Inc. (S) 18,207,288 8,912,700 McDonald's Corp. 245,099,250 ------------- 263,306,538 Retail (3.6%) - ----------------------------------------------------------------------------------------------------------- 278,996 AutoZone, Inc. (NON) 21,538,491 554,220 Federated Department Stores, Inc. (S) 26,558,222 6,445,377 Home Depot, Inc. (The) 217,338,112 1,278,177 JC Penney Co., Inc. (Holding Co.) (S) 51,127,080 2,766,900 Limited Brands 56,555,436 2,262,477 Lowe's Cos., Inc. 110,227,879 3,586,428 Office Depot, Inc. (NON) 58,817,419 2,754,600 Rite Aid Corp. (NON) 13,525,086 1,675,239 Staples, Inc. 48,380,902 1,650,000 TJX Cos., Inc. (The) 38,725,500 ------------- 642,794,127 Software (0.6%) - ----------------------------------------------------------------------------------------------------------- 962,077 Amdocs, Ltd. (Guernsey) (NON) (S) 20,877,071 2,793,900 Microsoft Corp. 79,514,394 ------------- 100,391,465 Technology Services (0.5%) - ----------------------------------------------------------------------------------------------------------- 685,000 Automatic Data Processing, Inc. 28,756,300 505,000 First Data Corp. 22,528,050 959,700 Fiserv, Inc. (NON) 32,879,322 ------------- 84,163,672 Telecommunications (--%) - ----------------------------------------------------------------------------------------------------------- 319,273 AT&T Wireless Services, Inc. (NON) 4,610,302 Textiles (0.1%) - ----------------------------------------------------------------------------------------------------------- 585,000 Liz Claiborne, Inc. (S) 21,171,150 Tobacco (1.9%) - ----------------------------------------------------------------------------------------------------------- 7,219,387 Altria Group, Inc. 343,642,821 Toys (0.5%) - ----------------------------------------------------------------------------------------------------------- 5,539,020 Mattel, Inc. (S) 97,043,630 Waste Management (0.2%) - ----------------------------------------------------------------------------------------------------------- 1,088,300 Waste Management, Inc. 30,624,762 ------------- Total Common stocks (cost $14,973,250,623) $17,639,881,555 Convertible preferred stocks (0.5%) (a) - ----------------------------------------------------------------------------------------------------------- Number of shares Value - ----------------------------------------------------------------------------------------------------------- 769,400 Ford Motor Company Capital Trust II $3.25 cum. cv. pfd. $40,970,550 676,700 Xerox Corp. 144A $3.75 cv. pfd. 52,613,425 ------------- Total Convertible preferred stocks (cost $73,882,105) $93,583,975 Short-term investments (2.2%) (a) - ----------------------------------------------------------------------------------------------------------- Principal amount Value - ----------------------------------------------------------------------------------------------------------- $339,295,815 Short-term investments held as collateral for loaned securities with yields ranging from 1.28% to 1.52% and due dates ranging from August 2, 2004 to August 23, 2004 (d) $339,173,939 60,746,821 Putnam Prime Money Market Fund (e) 60,746,821 ------------- Total Short-term investments (cost $399,920,760) $399,920,760 - ----------------------------------------------------------------------------------------------------------- Total Investments (cost $15,447,053,488) (b) $18,133,386,290 - ----------------------------------------------------------------------------------------------------------- NOTES (a) Percentages indicated are based on net assets of $17,785,571,392. (b) The aggregate identified cost on a tax basis is $15,781,035,693, resulting in gross unrealized appreciation and depreciation of $3,083,208,351 and $730,857,754, respectively, or net unrealized appreciation of $2,352,350,597. (NON) Non-income-producing security. (R) Real Estate Investment Trust. (S) Securities on loan, in part or in entirety, at July 31, 2004. (d) The fund may lend securities, through its agents, to qualified borrowers in order to earn additional income. The loans are collateralized by cash and/or securities in an amount at least equal to the market value of the securities loaned. The market value of securities loaned is determined daily and any additional required collateral is allocated to the fund on the next business day. The risk of borrower default will be borne by the fund's agents; the fund will bear the risk of loss with respect to the investment of the cash collateral. Income from securities lending is included in investment income on the statement of operations. At July 31, 2004, the value of securities loaned amounted to $328,062,944. The fund received cash collateral of $339,173,939 which is pooled with collateral of other Putnam funds into 29 issuers of high-grade short-term investments. (e) The fund invests in the Putnam Prime Money Market Fund, an open-end management investment company managed by Putnam Investment Management, LLC ("Putnam Management"), the fund's manager, an indirect wholly-owned subsidiary of Putnam, LLC. Management fees paid by the fund are reduced by an amount equal to the management fees paid by Putnam Prime Money Market Fund with respect to assets invested by the fund in Putnam Prime Money Market Fund. Income distributions earned by the fund totaled $53,404 for the period ended July 31, 2004. 144A after the name of a security represents those exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. Security valuation Investments for which market quotations are readily available are valued at the last reported sales price on their principal exchange, or official closing price for certain markets. If no sales are reported -- as in the case of some securities traded over-the-counter -- a security is valued at its last reported bid price. Many securities markets and exchanges outside the U.S. close prior to the close of the New York Stock Exchange and therefore the closing prices for securities in such markets or on such exchanges may not fully reflect events that occur after such close but before the close of the New York Stock Exchange. Accordingly, on certain days, the fund will fair value foreign securities taking into account multiple factors, including movements in the U.S. securities markets. The number of days on which fair value prices will be used will depend on market activity and it is possible that fair value prices will be used by the fund to a significant extent. Securities quoted in foreign currencies are translated into U.S. dollars at the current exchange rate. Short-term investments having remaining maturities of 60 days or less are valued at amortized cost, which approximates fair value. Other investments, including restricted securities, are valued at fair value following procedures approved by the Trustees. Such valuations and procedures are reviewed periodically by the Trustees. For additional information regarding the fund please see the fund's most recent annual or semi-annual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov., or visit Putnam Individual Investor Website at www.putnaminvestments.com.
Item 2. Controls and Procedures: - -------------------------------- (a) The registrant's principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms. (b) Changes in internal control over financial reporting: Not applicable Item 3. Exhibits: - ------------------ A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2 under the Investment Company Act of 1940, as amended, are filed herewith. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NAME OF REGISTRANT By (Signature and Title): /s/ Michael T. Healy -------------------------- Michael T. Healy Principal Accounting Officer Date: September 28, 2004 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By (Signature and Title): /s/ Charles E. Porter --------------------------- Charles E. Porter Principal Executive Officer Date: September 28, 2004 By (Signature and Title): /s/ Steven D. Krichmar --------------------------- Steven D. Krichmar Principal Financial Officer Date: September 28, 2004 EX-99.CERT 2 nqexnn2.txt EX-99.CERT Certifications - -------------- I, Charles E. Porter, the Principal Executive Officer of the funds listed on Attachment A, certify that: 1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: 2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; 3. Based on my knowledge, the schedule of investments included in each report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which each report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act) for the registrants and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and c) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to each registrant's auditors and the audit committee of each registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect each registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant's internal controls. /s/ Charles E. Porter Date: September 27, 2004 - ---------------------- ------------------------ Charles E. Porter, Principal Executive Officer Certifications - -------------- I, Steven D. Krichmar, the Principal Financial Officer of the funds listed on Attachment A, certify that: 1. I have reviewed each report on Form N-Q of the funds listed on Attachment A: 2. Based on my knowledge, each report does not contain any untrue statements of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by each report; 3. Based on my knowledge, the schedule of investments included in each report fairly presents in all material respects the investments of the registrant as of the end of the fiscal quarter for which each report is filed; 4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act) for the registrants and have: a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which each report is being prepared; b) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and c) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer and I have disclosed to each registrant's auditors and the audit committee of each registrant's board of directors (or persons performing the equivalent functions): a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect each registrant's ability to record, process, summarize, and report financial information; and b) any fraud, whether or not material, that involves management or other employees who have a significant role in each registrant's internal controls. /s/ Steven D. Krichmar Date: September 27, 2004 - ---------------------- ------------------------ Steven D. Krichmar, Principal Financial Officer Attachment A N-Q July 31, 2004 Funds - ------------------------------------ Quarterly Portfolios 2OV Putnam Mid-Cap Value Fund 002 Putnam Fund for Growth and Income 2II Putnam Capital Opportunities Fund 840 Putnam Utilities Growth and Income Fund 005 Putnam Global Equity Fund 008 Putnam Convertible Income-Growth Trust 2IE Putnam Growth Fund 052 Putnam Managed Municipal Income Trust 183 Putnam Municipal Bond Fund 582 Putnam Municipal Opportunities Trust 004 Putnam Income Fund 072 Putnam Master Income Trust 184 Putnam California Investment Grade Municipal Trust 185 Putnam New York Investment Grade Municipal Trust 2MI Putnam Tax Smart Equity Fund 041 Putnam Global Income Trust -----END PRIVACY-ENHANCED MESSAGE-----