0000928816-17-000906.txt : 20170320 0000928816-17-000906.hdr.sgml : 20170320 20170320101834 ACCESSION NUMBER: 0000928816-17-000906 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 13 FILED AS OF DATE: 20170320 DATE AS OF CHANGE: 20170320 EFFECTIVENESS DATE: 20170320 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: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-13644 FILM NUMBER: 17700382 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 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: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-00781 FILM NUMBER: 17700383 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 0000081260 S000005660 PUTNAM FUND FOR GROWTH & INCOME C000015486 Class A Shares PGRWX C000015487 Class B Shares PGIBX C000015488 Class C Shares PGRIX C000015489 Class M Shares PGRMX C000015490 Class R Shares PGCRX C000015491 Class Y Shares PGIYX C000118082 Class R6 485BPOS 1 a_groinccvr.htm THE PUTNAM FUND FOR GROWTH AND INCOME a_groinccvr.htm
 
  As filed with the Securities and Exchange Commission on
  March 20, 2017
   
  Registration No. 2-13644 
  811-0781 
  -------------------------------------------------------------------------------------------------------------------- 
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
   
  ---------------
   
  FORM N-1A
    ---- 
  REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933  / X / 
    ---- 
    ---- 
  Pre-Effective Amendment No.  / / 
    ---- 
    ---- 
  Post-Effective Amendment No. 130 / X / 
  and/or  ---- 
    ---- 
  REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY  / X / 
  ACT OF 1940  ---- 
    ---- 
  Amendment No. 55  / X / 
  (Check appropriate box or boxes)  ---- 
  ---------------
  THE PUTNAM FUND FOR GROWTH AND INCOME
  (Exact Name of Registrant as Specified in Charter)
   
  One Post Office Square, Boston, Massachusetts 02109
  (Address of Principal Executive Offices) (Zip Code)
   
  Registrant's Telephone Number, including Area Code
  (617) 292-1000
  --------------

 



  It is proposed that this filing will become effective 
  (check appropriate box) 
 
 
----   
/ /  immediately upon filing pursuant to paragraph (b) 
----   
----   
/ X /  on February 28, 2017 pursuant to paragraph (b) 
----   
----   
/ /  60 days after filing pursuant to paragraph (a)(1) 
----   
----   
/ /  on (date) pursuant to paragraph (a)(1) 
----   
----   
/ /  75 days after filing pursuant to paragraph (a)(2) 
----   
----   
/ /  on (date) pursuant to paragraph (a)(2) of Rule 485. 
----   
If appropriate, check the following box: 
----   
/ /  this post-effective amendment designates a new 
----  effective date for a previously filed post-effective amendment. 
 
 
  ----------------------- 
 
  ROBERT T. BURNS, Vice President 
  THE PUTNAM FUND FOR GROWTH AND INCOME 
  One Post Office Square 
  Boston, Massachusetts 02109 
  (Name and address of agent for service) 
  --------------- 
  Copy to: 
  BRYAN CHEGWIDDEN, Esquire 
  ROPES & GRAY LLP 
  1211 Avenue of the Americas 
  New York, New York 10036 

 


SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and The Commonwealth of Massachusetts, on the 20th day of March, 2017.

 

The Putnam Fund for Growth and Income

 

By: /s/Jonathan S. Horwitz,

Executive Vice President, Principal Executive Officer

and Compliance Liaison

 

 

Pursuant to the requirements of the Securities Act of 1933, as amended, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated:

 

Signature Title
Jameson A. Baxter* Chair, Board of Trustees
Kenneth R. Leibler* Vice Chair, Board of Trustees
Robert L. Reynolds* President and Trustee
Jonathan S. Horwitz* Executive Vice President, Principal Executive Officer and Compliance Liaison
Janet C. Smith** Vice President, Principal Financial Officer, Principal Accounting Officer and Assistant Treasurer
Liaquat Ahamed* Trustee
Ravi Akhoury*                         Trustee
Barbara M. Baumann*                 Trustee
Robert J. Darretta* Trustee
Katinka Domotorffy* Trustee

John A. Hill* Trustee
Paul L. Joskow* Trustee

Robert E. Patterson*

George Putnam, III*

W. Thomas Stephens

Trustee

Trustee

Trustee

 

 

By: /s/ Jonathan S. Horwitz, as Attorney-in-Fact

March 20, 2017

   

 



*Signed pursuant to power of attorney filed in Post- Effective
  Amendment No. 121 to the Registrant’s Registration
  Statement filed on February 25, 2013.

 

**Signed pursuant to power of attorney filed in Post- Effective
  Amendment No. 129 to the Registrant’s Registration
  Statement filed on February 28, 2017.
EX-101.INS 2 pgrwx-20170228.xml XBRL INSTANCE FILE 0000081260 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015486Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015487Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015488Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015489Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015490Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015491Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000118082Member 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015486Member rr:AfterTaxesOnDistributionsMember 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:C000015486Member rr:AfterTaxesOnDistributionsAndSalesMember 2016-02-29 2017-02-28 0000081260 PGRWX:S000005660Member PGRWX:Russell1000ValueIndexMember 2016-02-29 2017-02-28 iso4217:USD xbrli:pure 485BPOS 2016-12-31 PUTNAM FUND FOR GROWTH & INCOME 0000081260 false PGRWX 2017-02-28 2017-02-28 2017-02-28 <b>Fund summary</b> <b>Goal</b> The Putnam Fund for Growth and Income seeks capital growth and current income. <b>Fees and expenses</b> The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in <i>How do I buy fund shares?</i> beginning on page 11 of the fund&#8217;s prospectus, in the Appendix to the fund&#8217;s prospectus, and in <i>How to buy shares</i> beginning on page II-1 of the fund&#8217;s statement of additional information (SAI) 0.0575 0 0 0.0350 0 0 0 0.0100 0.0500 0.0100 0 0 0 0 <div style="display: none">~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column period compact * column dei_LegalEntityAxis compact PGRWX_S000005660Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <b>Shareholder fees </b><i>(fees paid directly from your investment) <div style="display: none">~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column period compact * column dei_LegalEntityAxis compact PGRWX_S000005660Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <b>Annual fund operating expenses </b><i>(expenses you pay each year as a percentage of the value of your investment)</i> <b>Example</b> The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund&#8217;s operating expenses remain the same. Your actual costs may be higher or lower. <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_LegalEntityAxis compact PGRWX_S000005660Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column period compact * column dei_LegalEntityAxis compact PGRWX_S000005660Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <b>Portfolio turnover</b> The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund&#8217;s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund&#8217;s turnover rate in the most recent fiscal year was 42%. 0.42 You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in<i> How do I buy fund shares?</i> beginning on page 11 of the fund&#8217;s prospectus and in <i>How to buy shares</i> beginning on page II-1 of the fund&#8217;s statement of additional information (SAI). 50000 <b>Investments</b> We invest mainly in common stocks of large U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Value stocks are issued by companies that we believe are currently undervalued by the market. If we are correct and other investors ultimately recognize the value of the company, the price of its stock may rise. We may consider, among other factors, a company&#8217;s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. <b>Risks</b> It is important to understand that you can lose money by investing in the fund.<br /> <br /> The value of stocks in the fund&#8217;s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including both general financial market conditions and factors related to a specific company or industry. Value stocks may fail to rebound, and the market may not favor value-style investing. Income provided by the fund may be reduced by changes in the dividend policies of, and the capital resources available at, the companies in which the fund invests.<br /> <br /> The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. It is important to understand that you can lose money by investing in the fund. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. <b>Performance</b> The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund's performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com. The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund&#146;s performance year to year and over time. putnam.com Please remember that past performance is not necessarily an indication of future results. <b>Annual total returns for class A shares before sales charges</b> The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. -0.0617 -0.3885 0.2940 0.1408 -0.0485 0.1888 0.3537 0.1060 -0.0763 <div style="display: none">~ http://xbrl.sec.gov/rr/role/BarChartData column period compact * column dei_LegalEntityAxis compact PGRWX_S000005660Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Best calendar quarter<br /><b>Q2 2009</b>&#160;&#160;19.25%<br /><br />Worst calendar quarter<br /><b>Q4 2008</b> &#160;-21.42% Best calendar quarter 2009-06-30 0.1925 Worst calendar quarter 2008-12-31 -0.2142 <b>Average annual total returns after sales charges </b><i>(for periods ending 12/31/16)</i> After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.<br /> <br /> Class B share performance reflects conversion to class A shares after eight years. <div style="display: none">~ http://xbrl.sec.gov/rr/role/PerformanceTableData column period compact * column dei_LegalEntityAxis compact PGRWX_S000005660Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0.0047 0.0047 0.0047 0.0047 0.0047 0.0047 0.0047 0.0025 0.0100 0.0100 0.0075 0.0050 0.0021 0.0021 0.0021 0.0021 0.0021 0.0021 0.0009 0.0093 0.0168 0.0168 0.0143 0.0118 0.0068 0.0056 1652 1788 1987 2003 1432 847 701 1060 1113 913 1104 649 379 313 854 830 530 787 375 218 179 664 671 271 490 120 69 57 1788 1987 913 913 530 530 171 171 0.1487 0.0367 0.0366 0.0351 0.0340 0.0403 0.0455 0.0463 0.0305 0.0280 0.0572 0.1222 0.1246 0.1270 0.1219 0.1327 0.1383 0.1401 0.1186 0.0975 0.1480 0.0826 0.0900 0.1303 0.1026 0.1460 0.1513 0.1532 0.0782 0.0501 0.1734 Restated to reflect current fees resulting from a change to the fund&#8217;s investor servicing arrangements effective September 1, 2016. Applies only to certain redemptions of shares bought with no initial sales charge. This charge is phased out over six years. This charge is eliminated after one year. Restated to reflect current fees resulting from a change to the fund's investor servicing arrangements effective September 1, 2016. Performance for class R6 shares prior to its inception (7/2/12) is derived from the historical performance of class Y shares and has not been adjusted for the lower investor servicing fees applicable to class R6 shares; had it, returns would have been higher. Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell(R) is a trademark of Frank Russell Company. 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Caption [Text] Expense Example, With Redemption [Table] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption [Table] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum sales charge (load) imposed on purchases (as a percentage of offering price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Column [Text] Management fees Distribution and service (12b-1) fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Other expenses Acquired Fund Fees and Expenses Total annual fund operating expenses Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Expense Example, By Year, Column [Text] Expense Example, with Redemption, 1 Year Expense Example, with Redemption, 3 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, 1 Year Expense Example, No Redemption, 3 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Label 1 Year 5 Years 10 Years Since Inception Inception Date Risk/Return Detail [Table] Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Prospectus Date Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio 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The Putnam Fund for Growth & Income
Fund summary
Goal
The Putnam Fund for Growth and Income seeks capital growth and current income.
Fees and expenses
The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 11 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI)
Shareholder fees (fees paid directly from your investment)
Shareholder Fees - The Putnam Fund for Growth & Income
Class A
Class B
Class C
Class M
Class R
Class R6
Class Y
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none 3.50% none none none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) 1.00% [1] 5.00% [2] 1.00% [3] none none none none
[1] Applies only to certain redemptions of shares bought with no initial sales charge.
[2] This charge is phased out over six years.
[3] This charge is eliminated after one year.
Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - The Putnam Fund for Growth & Income
Class A
Class B
Class C
Class M
Class R
Class R6
Class Y
Management fees 0.47% 0.47% 0.47% 0.47% 0.47% 0.47% 0.47%
Distribution and service (12b-1) fees 0.25% 1.00% 1.00% 0.75% 0.50%    
Other expenses 0.21% [1] 0.21% [1] 0.21% [1] 0.21% [1] 0.21% [1] 0.09% 0.21% [1]
Total annual fund operating expenses 0.93% 1.68% 1.68% 1.43% 1.18% 0.56% 0.68%
[1] Restated to reflect current fees resulting from a change to the fund's investor servicing arrangements effective September 1, 2016.
Example
The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.
Expense Example - The Putnam Fund for Growth & Income - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 664 854 1,060 1,652
Class B 671 830 1,113 1,788
Class C 271 530 913 1,987
Class M 490 787 1,104 2,003
Class R 120 375 649 1,432
Class R6 57 179 313 701
Class Y 69 218 379 847
Expense Example, No Redemption - The Putnam Fund for Growth & Income - USD ($)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class B 171 530 913 1,788
Class C 171 530 913 1,987
Portfolio turnover
The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 42%.
Investments
We invest mainly in common stocks of large U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Value stocks are issued by companies that we believe are currently undervalued by the market. If we are correct and other investors ultimately recognize the value of the company, the price of its stock may rise. We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.
Risks
It is important to understand that you can lose money by investing in the fund.

The value of stocks in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including both general financial market conditions and factors related to a specific company or industry. Value stocks may fail to rebound, and the market may not favor value-style investing. Income provided by the fund may be reduced by changes in the dividend policies of, and the capital resources available at, the companies in which the fund invests.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Performance
The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund's performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.
Annual total returns for class A shares before sales charges
Bar Chart
Best calendar quarter
Q2 2009  19.25%

Worst calendar quarter
Q4 2008  -21.42%
Average annual total returns after sales charges (for periods ending 12/31/16)
Average Annual Total Returns - The Putnam Fund for Growth & Income
1 Year
5 Years
10 Years
Class A 8.26% 12.22% 3.67%
Class A | after taxes on distributions 7.82% 11.86% 3.05%
Class A | after taxes on distributions and sale of fund shares 5.01% 9.75% 2.80%
Class B 9.00% 12.46% 3.66%
Class C 13.03% 12.70% 3.51%
Class M 10.26% 12.19% 3.40%
Class R 14.60% 13.27% 4.03%
Class R6 [1] 15.32% 14.01% 4.63%
Class Y 15.13% 13.83% 4.55%
Russelll 1000 Value Index (no deduction for fees, expenses or taxes) [2] 17.34% 14.80% 5.72%
[1] Performance for class R6 shares prior to its inception (7/2/12) is derived from the historical performance of class Y shares and has not been adjusted for the lower investor servicing fees applicable to class R6 shares; had it, returns would have been higher.
[2] Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell(R) is a trademark of Frank Russell Company.
After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.

Class B share performance reflects conversion to class A shares after eight years.
XML 10 R8.htm IDEA: XBRL DOCUMENT v3.6.0.2
Label Element Value
Risk Return Abstract rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2016
Registrant Name dei_EntityRegistrantName PUTNAM FUND FOR GROWTH & INCOME
Central Index Key dei_EntityCentralIndexKey 0000081260
Amendment Flag dei_AmendmentFlag false
Trading Symbol dei_TradingSymbol PGRWX
Document Creation Date dei_DocumentCreationDate Feb. 28, 2017
Document Effective Date dei_DocumentEffectiveDate Feb. 28, 2017
Prospectus Date rr_ProspectusDate Feb. 28, 2017
The Putnam Fund for Growth & Income  
Risk Return Abstract rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Fund summary
Objective [Heading] rr_ObjectiveHeading Goal
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Putnam Fund for Growth and Income seeks capital growth and current income.
Expense [Heading] rr_ExpenseHeading Fees and expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 11 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI)
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 42%.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 42.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 11 of the fund’s prospectus and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI).
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent Restated to reflect current fees resulting from a change to the fund’s investor servicing arrangements effective September 1, 2016.
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.
Strategy [Heading] rr_StrategyHeading Investments
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock We invest mainly in common stocks of large U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Value stocks are issued by companies that we believe are currently undervalued by the market. If we are correct and other investors ultimately recognize the value of the company, the price of its stock may rise. We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.
Risk [Heading] rr_RiskHeading Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock It is important to understand that you can lose money by investing in the fund.

The value of stocks in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including both general financial market conditions and factors related to a specific company or industry. Value stocks may fail to rebound, and the market may not favor value-style investing. Income provided by the fund may be reduced by changes in the dividend policies of, and the capital resources available at, the companies in which the fund invests.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Risk Lose Money [Text] rr_RiskLoseMoney It is important to understand that you can lose money by investing in the fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund's performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress putnam.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Please remember that past performance is not necessarily an indication of future results.
Bar Chart [Heading] rr_BarChartHeading Annual total returns for class A shares before sales charges
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect the impact of sales charges. If it did, performance would be lower.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best calendar quarter
Q2 2009  19.25%

Worst calendar quarter
Q4 2008  -21.42%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best calendar quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.25%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst calendar quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.42%)
Performance Table Heading rr_PerformanceTableHeading Average annual total returns after sales charges (for periods ending 12/31/16)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for class A shares only and will vary for other classes.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.

Class B share performance reflects conversion to class A shares after eight years.
The Putnam Fund for Growth & Income | Class A  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% [1]
Management fees rr_ManagementFeesOverAssets 0.47%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 0.93%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 664
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 854
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,060
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,652
Annual Return 2007 rr_AnnualReturn2007 (6.17%)
Annual Return 2008 rr_AnnualReturn2008 (38.85%)
Annual Return 2009 rr_AnnualReturn2009 29.40%
Annual Return 2010 rr_AnnualReturn2010 14.08%
Annual Return 2011 rr_AnnualReturn2011 (4.85%)
Annual Return 2012 rr_AnnualReturn2012 18.88%
Annual Return 2013 rr_AnnualReturn2013 35.37%
Annual Return 2014 rr_AnnualReturn2014 10.60%
Annual Return 2015 rr_AnnualReturn2015 (7.63%)
Annual Return 2016 rr_AnnualReturn2016 14.87%
1 Year rr_AverageAnnualReturnYear01 8.26%
5 Years rr_AverageAnnualReturnYear05 12.22%
10 Years rr_AverageAnnualReturnYear10 3.67%
The Putnam Fund for Growth & Income | Class B  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 5.00% [3]
Management fees rr_ManagementFeesOverAssets 0.47%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 1.68%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 671
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 830
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,113
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,788
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 171
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 530
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 913
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,788
1 Year rr_AverageAnnualReturnYear01 9.00%
5 Years rr_AverageAnnualReturnYear05 12.46%
10 Years rr_AverageAnnualReturnYear10 3.66%
The Putnam Fund for Growth & Income | Class C  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% [4]
Management fees rr_ManagementFeesOverAssets 0.47%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 1.68%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 271
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 530
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 913
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,987
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 171
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 530
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 913
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,987
1 Year rr_AverageAnnualReturnYear01 13.03%
5 Years rr_AverageAnnualReturnYear05 12.70%
10 Years rr_AverageAnnualReturnYear10 3.51%
The Putnam Fund for Growth & Income | Class M  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.50%
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.47%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 1.43%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 490
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 787
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,104
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 2,003
1 Year rr_AverageAnnualReturnYear01 10.26%
5 Years rr_AverageAnnualReturnYear05 12.19%
10 Years rr_AverageAnnualReturnYear10 3.40%
The Putnam Fund for Growth & Income | Class R  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.47%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 1.18%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 120
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 375
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 649
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,432
1 Year rr_AverageAnnualReturnYear01 14.60%
5 Years rr_AverageAnnualReturnYear05 13.27%
10 Years rr_AverageAnnualReturnYear10 4.03%
The Putnam Fund for Growth & Income | Class R6  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.47%
Other expenses rr_OtherExpensesOverAssets 0.09%
Total annual fund operating expenses rr_ExpensesOverAssets 0.56%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 57
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 179
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 313
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 701
1 Year rr_AverageAnnualReturnYear01 15.32% [5]
5 Years rr_AverageAnnualReturnYear05 14.01% [5]
10 Years rr_AverageAnnualReturnYear10 4.63% [5]
The Putnam Fund for Growth & Income | Class Y  
Risk Return Abstract rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Management fees rr_ManagementFeesOverAssets 0.47%
Other expenses rr_OtherExpensesOverAssets 0.21% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 0.68%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 69
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 218
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 379
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 847
1 Year rr_AverageAnnualReturnYear01 15.13%
5 Years rr_AverageAnnualReturnYear05 13.83%
10 Years rr_AverageAnnualReturnYear10 4.55%
The Putnam Fund for Growth & Income | after taxes on distributions | Class A  
Risk Return Abstract rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.82%
5 Years rr_AverageAnnualReturnYear05 11.86%
10 Years rr_AverageAnnualReturnYear10 3.05%
The Putnam Fund for Growth & Income | after taxes on distributions and sale of fund shares | Class A  
Risk Return Abstract rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.01%
5 Years rr_AverageAnnualReturnYear05 9.75%
10 Years rr_AverageAnnualReturnYear10 2.80%
The Putnam Fund for Growth & Income | Russelll 1000 Value Index (no deduction for fees, expenses or taxes)  
Risk Return Abstract rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 17.34% [6]
5 Years rr_AverageAnnualReturnYear05 14.80% [6]
10 Years rr_AverageAnnualReturnYear10 5.72% [6]
[1] Applies only to certain redemptions of shares bought with no initial sales charge.
[2] Restated to reflect current fees resulting from a change to the fund's investor servicing arrangements effective September 1, 2016.
[3] This charge is phased out over six years.
[4] This charge is eliminated after one year.
[5] Performance for class R6 shares prior to its inception (7/2/12) is derived from the historical performance of class Y shares and has not been adjusted for the lower investor servicing fees applicable to class R6 shares; had it, returns would have been higher.
[6] Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell(R) is a trademark of Frank Russell Company.
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