N-MFP2 0000822671 XXXXXXXX 2017-10-31 0000822671 S000003882 2 N N 033-17486 Putnam Investment Management, LLC 801-07974 Putnam Investment Limited 801-61441 PricewaterhouseCoopers, LLP Boston MA Not Applicable Putnam Investor Services, Inc. 0001448300 084-06331 N N N Exempt Government N 9 23 91667923.23 91522966.28 90532257.92 90372213.15 97761811.10 96617247.01 95031844.00 96022099.09 0.9002 0.8892 0.8909 0.8896 0.9557 0.9387 0.9352 0.9452 3016.84 101241068.54 101233913.23 88768.29 300768.48 101024929.88 101031748.3300 1.0000 0.0108 1.0000 1.0000 1.0000 1.0000 C000010859 500.00 49928109.52 49931335.8100 1.0000 1.0000 1.0000 1.0000 10048.99 1284456.85 59719.79 130408.86 3576.29 508139.37 570686.41 502539.93 644031.48 2425545.01 0.0063 N C000010860 500.00 51096820.36 51100412.5200 1.0000 1.0000 1.0000 1.0000 506103.69 267668.74 161764.18 90417.90 278228.77 341188.19 89693.82 233372.43 1035790.46 932647.26 0.0038 N UNITED STATES OF AMERICA US TREASURY FRN 01.4052 01/31/2018 912828N97 US912828N977 U.S. Treasury Debt Y 2017-11-01 2018-01-31 2018-01-31 N N N 0.0138 1150902.13 1150902.13 0.0114 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.3232 04/30/2018 912828Q86 US912828Q863 U.S. Treasury Debt Y 2017-11-01 2018-04-30 2018-04-30 N N N 0.0130 1151301.14 1151301.14 0.0114 N Y Y N N/A FHLB FEDERAL HOME LOAN BANK 01.3080 12/05/2017 3130A8F32 US3130A8F321 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2017-11-05 2017-12-05 2017-12-05 N N N 0.0131 1400274.01 1400274.01 0.0139 N N Y N N/A FHLB FEDERAL HOME LOAN BANK 01.3100 11/02/2017 3130A8X24 US3130A8X241 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2017-11-02 2017-11-02 2017-11-02 N N N 0.0131 1250007.94 1250007.94 0.0124 N N Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.3072 07/31/2018 912828S84 US912828S844 U.S. Treasury Debt Y 2017-11-01 2018-07-31 2018-07-31 N N N 0.0128 1001454.76 1001454.76 0.0099 N Y Y N N/A UNITED STATES OF AMERICA WI TREASURY SEC. 00.5103 10/31/2018 912828T75 US912828T750 U.S. Treasury Debt Y 2017-11-01 2018-10-31 2018-10-31 N N N 0.0128 1002000.43 1002000.43 0.0099 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 11/09/2017 912796KX6 US912796KX60 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2017-11-09 2017-11-09 2017-11-09 N N N 0.0075 999791.94 999791.94 0.0099 N Y Y N N/A FHLMC FHLMC 313397NS6 GDC 11/01/2017 313397NS6 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2017-11-01 2017-11-01 2017-11-01 N N N 0.0075 1000000.00 1000000.00 0.0099 N Y Y N N/A FEDERAL FARM CREDIT BANKS FEDERAL FARM CREDIT BANKS 313313NU8 GDC 11/03/2017 313313NU8 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2017-11-03 2017-11-03 2017-11-03 N N N 0.0083 899949.60 899949.60 0.0089 N N Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.2732 01/31/2019 912828V64 US912828V640 U.S. Treasury Debt Y 2017-11-01 2019-01-31 2019-01-31 N N N 0.0125 1001947.12 1001947.12 0.0099 N Y Y N N/A FHLB FHLB 313385SP2 GDC 02/02/2018 313385SP2 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-02-02 2018-02-02 2018-02-02 N N N 0.0115 997055.00 997055.00 0.0099 N N N N N/A FHLB FHLB 313385UQ7 GDC 03/23/2018 313385UQ7 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-03-23 2018-03-23 2018-03-23 N N N 0.0117 348398.40 348398.40 0.0034 N N N N N/A FHLB FHLB 313385WB8 GDC 04/27/2018 313385WB8 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-04-27 2018-04-27 2018-04-27 N N N 0.0121 198770.80 198770.80 0.0020 N N N N N/A FEDERAL FARM CREDIT BANKS FEDERAL FARM CREDIT BANKS 313313XS2 GDC 06/05/2018 313313XS2 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-06-05 2018-06-05 2018-06-05 N N N 0.0128 992260.00 992260.00 0.0098 N N N N N/A FHLMC FHLMC 313397VJ7 GDC 04/10/2018 313397VJ7 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-04-10 2018-04-10 2018-04-10 N N N 0.0123 994444.00 994444.00 0.0098 N N N N N/A FEDERAL FARM CREDIT BANKS FEDERAL FARM CREDIT BANKS 313313YQ5 GDC 06/27/2018 313313YQ5 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-06-27 2018-06-27 2018-06-27 N N N 0.0133 297441.60 297441.60 0.0029 N N N N N/A CITIGROUP GLOBAL MARKETS INC. REPO TRIPA MORTG 1.05 11/02/2017 TRIPARTY1 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FNMA 2033-09-01 6.5000% 88277.70 3322.26 Agency Mortgage-Backed Securities FNMA 2034-02-01 6.0000% 10079.11 430.17 Agency Mortgage-Backed Securities FNMA 2034-06-01 6.5000% 102909.91 5068.92 Agency Mortgage-Backed Securities FNMA 2036-11-01 6.0000% 36878.88 865.73 Agency Mortgage-Backed Securities FNMA 2037-01-01 5.5000% 136561.02 2255.23 Agency Mortgage-Backed Securities FNMA 2037-01-01 6.0000% 34549.69 634.98 Agency Mortgage-Backed Securities FNMA 2036-12-01 8.0000% 8244.97 418.92 Agency Mortgage-Backed Securities FNMA 2035-11-01 5.5000% 79327.56 3449.51 Agency Mortgage-Backed Securities FNMA 2035-12-01 6.0000% 69099.38 2874.26 Agency Mortgage-Backed Securities FNMA 2036-01-01 5.5000% 52795.03 3328.17 Agency Mortgage-Backed Securities FNMA 2036-07-01 6.0000% 613736.26 11522.07 Agency Mortgage-Backed Securities FNMA 2038-10-01 7.0000% 51242.24 1811.69 Agency Mortgage-Backed Securities FNMA 2027-11-01 6.0000% 308796.66 14342.61 Agency Mortgage-Backed Securities FNMA 2038-02-01 5.0000% 155279.50 7300.76 Agency Mortgage-Backed Securities FNMA 2028-04-01 5.0000% 31055.90 957.98 Agency Mortgage-Backed Securities FNMA 2028-07-01 5.5000% 412735.20 16998.73 Agency Mortgage-Backed Securities FNMA 2028-09-01 5.5000% 240886.46 8497.13 Agency Mortgage-Backed Securities FNMA 2033-05-01 5.0000% 2761.04 643.85 Agency Mortgage-Backed Securities FNMA 2038-02-01 6.5000% 30494.60 1568.37 Agency Mortgage-Backed Securities FNMA 2041-09-01 5.5000% 15164.04 8292.23 Agency Mortgage-Backed Securities FNMA 2029-07-01 5.5000% 265279.67 3133.99 Agency Mortgage-Backed Securities FNMA 2035-06-01 5.5000% 60935.06 2922.43 Agency Mortgage-Backed Securities FNMA 2035-06-01 6.0000% 13297.86 393.17 Agency Mortgage-Backed Securities FNMA 2029-07-01 6.5000% 46823.18 491.07 Agency Mortgage-Backed Securities FNMA 2029-02-01 5.5000% 10093.17 518.74 Agency Mortgage-Backed Securities FNMA 2029-06-01 7.0000% 382274.63 1907.63 Agency Mortgage-Backed Securities FNMA 2031-01-01 8.5000% 184990.39 585.24 Agency Mortgage-Backed Securities FNMA 2032-08-01 6.5000% 930498.21 6786.43 Agency Mortgage-Backed Securities FNMA 2030-11-01 8.0000% 77581.52 865.26 Agency Mortgage-Backed Securities FNMA 2032-04-01 6.5000% 93147.19 4433.77 Agency Mortgage-Backed Securities FNMA 2041-01-01 5.0000% 17737.97 9784.95 Agency Mortgage-Backed Securities FNMA 2041-04-01 5.0000% 12763.98 3434.29 Agency Mortgage-Backed Securities FNMA 2041-04-01 4.5000% 14387.28 5965.39 Agency Mortgage-Backed Securities FNMA 2041-07-01 6.0000% 18806.57 7574.88 Agency Mortgage-Backed Securities FNMA 2041-10-01 4.0000% 14130.43 5836.43 Agency Mortgage-Backed Securities FNMA 2032-02-01 6.0000% 8928.57 1683.34 Agency Mortgage-Backed Securities FNMA 2039-10-01 5.5000% 15940.37 1325.97 Agency Mortgage-Backed Securities FNMA 2041-04-01 4.0000% 35714.29 17185.35 Agency Mortgage-Backed Securities FNMA 2041-05-01 5.0000% 51715.02 10281.34 Agency Mortgage-Backed Securities FNMA 2038-06-01 6.0000% 13449.94 932.18 Agency Mortgage-Backed Securities FNMA 2042-12-01 5.0000% 40310.56 14595.46 Agency Mortgage-Backed Securities FNMA 2029-08-01 4.5000% 7416.77 2811.42 Agency Mortgage-Backed Securities FNMA 2044-09-01 4.0000% 2562.11 1691.89 Agency Mortgage-Backed Securities FNMA 2042-12-01 4.0000% 4478.68 3173.43 Agency Mortgage-Backed Securities FNMA 2044-05-01 5.0000% 1139.58 415.73 Agency Mortgage-Backed Securities FNMA 2041-05-01 6.0000% 26047.38 14956.17 Agency Mortgage-Backed Securities FNMA 2045-02-01 4.5000% 1009.32 685.86 Agency Mortgage-Backed Securities FNMA 2045-06-01 3.0000% 1630.43 1351.40 Agency Mortgage-Backed Securities FNMA 2045-08-01 3.5000% 17670.81 14474.94 Agency Mortgage-Backed Securities FNMA 2038-09-01 5.5000% 3804.35 2404.77 Agency Mortgage-Backed Securities FNMA 2039-06-01 5.0000% 791.93 507.83 Agency Mortgage-Backed Securities FNMA 2030-10-01 3.0000% 822.98 661.33 Agency Mortgage-Backed Securities FNMA 2030-12-01 3.5000% 7910.50 6033.61 Agency Mortgage-Backed Securities FNMA 2043-08-01 3.5000% 16164.46 12935.71 Agency Mortgage-Backed Securities FNMA 2046-08-01 3.0000% 1666.82 1557.82 Agency Mortgage-Backed Securities FNMA 2046-09-01 3.5000% 15372.67 14457.79 Agency Mortgage-Backed Securities FNMA 2046-09-01 3.5000% 7020.78 6790.86 Agency Mortgage-Backed Securities FNMA 2046-07-01 3.5000% 18276.40 17273.64 Agency Mortgage-Backed Securities FNMA 2044-04-01 4.5000% 17686.21 15168.36 Agency Mortgage-Backed Securities FNMA 2046-02-01 3.5000% 16319.88 14483.23 Agency Mortgage-Backed Securities FNMA 2042-05-01 4.0000% 4677.64 2901.05 Agency Mortgage-Backed Securities FNMA 2042-05-01 4.5000% 13438.84 7188.19 Agency Mortgage-Backed Securities FNMA 2042-06-01 4.0000% 6406.02 2638.49 Agency Mortgage-Backed Securities FNMA 2042-08-01 4.5000% 1282.61 440.31 Agency Mortgage-Backed Securities FNMA 2042-09-01 4.5000% 1067.55 521.49 Agency Mortgage-Backed Securities FNMA 2042-11-01 3.5000% 24315.51 16558.23 Agency Mortgage-Backed Securities U.S. TREASURY 2019-03-31 1.6250% 1081504.66 1084688.53 U.S. Treasuries (including strips) U.S. TREASURY 2018-01-31 0.7500% 8712.73 8719.22 U.S. Treasuries (including strips) U.S. TREASURY 2026-11-15 2.0000% 1120916.15 1099287.83 U.S. Treasuries (including strips) Y 2017-11-02 2017-11-02 2017-11-02 N N N 0.0105 2500000.00 2500000.00 0.0247 N N Y N N/A FEDERAL FARM CREDIT BANKS FEDERAL FARM CREDIT BANKS 313313VY1 GDC 04/24/2018 313313VY1 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-04-24 2018-04-24 2018-04-24 N N N 0.0126 298187.40 298187.40 0.0030 N N N N N/A CITIGROUP GLOBAL MARKETS INC. REPO TRIPA MORTG 1.07 11/01/2017 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FNMA 2047-11-01 0.0000% 2667594.88 2792683.74 Agency Mortgage-Backed Securities GNMA 2045-11-20 3.5000% 4777730.05 3397198.32 Agency Mortgage-Backed Securities GNMA 2046-06-20 3.0000% 6548.75 5742.87 Agency Mortgage-Backed Securities GNMA 2046-12-20 2.5000% 714420.53 668968.56 Agency Mortgage-Backed Securities GNMA 2046-11-20 3.0000% 23826.02 22859.17 Agency Mortgage-Backed Securities GNMA 2046-12-20 6.0000% 5445.95 4815.38 Agency Mortgage-Backed Securities GNMA 2047-01-20 4.0000% 2783224.86 2472276.54 Agency Mortgage-Backed Securities GNMA 2032-09-20 3.0000% 13344.70 13811.50 Agency Mortgage-Backed Securities GNMA 2032-10-20 2.5000% 4363.06 4418.79 Agency Mortgage-Backed Securities GNMA 2059-09-15 3.7000% 386687.90 411629.79 Agency Mortgage-Backed Securities GNMA 2052-08-15 3.1700% 4559.11 4688.63 Agency Mortgage-Backed Securities U.S. TREASURY 2022-10-31 1.8750% 13748839.70 13656997.45 U.S. Treasuries (including strips) U.S. TREASURY 2018-04-15 0.1250% 86794.79 92164.11 U.S. Treasuries (including strips) U.S. TREASURY 2023-07-15 0.3750% 1478140.84 1578165.35 U.S. Treasuries (including strips) U.S. TREASURY 2025-07-15 0.3750% 2120515.91 2195077.42 U.S. Treasuries (including strips) U.S. TREASURY 2019-06-30 1.2500% 1239327.52 1238502.43 U.S. Treasuries (including strips) Y 2017-11-01 2017-11-01 2017-11-01 N N N 0.0107 28000000.00 28000000.00 0.2772 N Y Y N N/A MERRILL LYNCH, PIERCE, FENNER AND SMITH REPO TRIPA MORTG 1.07 11/01/2017 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N GNMA 2062-05-20 5.2930% 77629.53 79458.01 Agency Mortgage-Backed Securities GNMA 2042-04-20 3.5000% 214861.91 131608.89 Agency Mortgage-Backed Securities GNMA 2064-10-20 4.6150% 287227.07 247894.57 Agency Mortgage-Backed Securities GNMA 2064-11-20 4.6020% 137514.44 151821.43 Agency Mortgage-Backed Securities GNMA 2065-04-20 4.5260% 146357.15 146032.44 Agency Mortgage-Backed Securities GNMA 2042-07-20 3.5000% 690994.72 283061.81 Agency Mortgage-Backed Securities GNMA 2044-05-20 4.0000% 156666.25 56996.25 Agency Mortgage-Backed Securities GNMA 2044-05-20 4.5000% 156767.24 56951.80 Agency Mortgage-Backed Securities GNMA 2044-12-20 4.0000% 307012.18 134777.50 Agency Mortgage-Backed Securities GNMA 2045-04-20 3.5000% 399326.24 237127.15 Agency Mortgage-Backed Securities GNMA 2045-04-20 4.5000% 63713.94 25477.21 Agency Mortgage-Backed Securities GNMA 2047-04-20 4.0000% 160978.58 163318.63 Agency Mortgage-Backed Securities GNMA 2047-04-20 4.0000% 17730578.09 17988317.64 Agency Mortgage-Backed Securities GNMA 2046-06-20 3.5000% 243063.75 208766.16 Agency Mortgage-Backed Securities GNMA 2031-11-20 3.5000% 9292.89 8191.66 Agency Mortgage-Backed Securities GNMA 2047-02-20 4.5000% 5482.96 4610.49 Agency Mortgage-Backed Securities GNMA 2032-02-20 3.0000% 30485.34 29682.76 Agency Mortgage-Backed Securities GNMA 2032-08-20 2.5000% 48588.52 48510.78 Agency Mortgage-Backed Securities GNMA 2047-08-20 4.5000% 33086.97 35025.43 Agency Mortgage-Backed Securities GNMA 2047-09-20 4.0000% 5692.87 6009.20 Agency Mortgage-Backed Securities GNMA 2047-08-20 2.5000% 14573.56 14160.41 Agency Mortgage-Backed Securities GNMA 2045-08-20 4.5000% 202391.55 167626.03 Agency Mortgage-Backed Securities GNMA 2047-10-15 2.8500% 158441.18 159967.90 Agency Mortgage-Backed Securities GNMA 2047-05-15 4.5000% 137546.71 144902.20 Agency Mortgage-Backed Securities GNMA 2058-01-15 3.5200% 15413.04 16281.15 Agency Mortgage-Backed Securities GNMA 2047-04-20 4.5000% 230601.99 247584.06 Agency Mortgage-Backed Securities GNMA 2059-07-15 3.3500% 60674.23 62519.49 Agency Mortgage-Backed Securities GNMA 2047-06-20 4.0000% 90415.83 94736.63 Agency Mortgage-Backed Securities GNMA 2047-07-20 5.0000% 104176.62 113715.36 Agency Mortgage-Backed Securities GNMA 2047-09-20 4.5000% 2406.41 2634.89 Agency Mortgage-Backed Securities GNMA 2047-08-20 4.0000% 88367.96 93286.96 Agency Mortgage-Backed Securities GNMA 2047-10-20 4.5000% 151669.47 166285.90 Agency Mortgage-Backed Securities GNMA 2047-09-20 4.0000% 132224.72 141760.40 Agency Mortgage-Backed Securities GNMA 2047-10-20 4.0000% 91852.53 98537.83 Agency Mortgage-Backed Securities GNMA 2047-10-20 4.5000% 92245.94 101135.64 Agency Mortgage-Backed Securities GNMA 2047-10-20 4.0000% 78163.36 83852.36 Agency Mortgage-Backed Securities GNMA 2047-10-15 5.0000% 298475.05 333779.94 Agency Mortgage-Backed Securities GNMA 2035-07-15 3.3800% 380544.40 356733.65 Agency Mortgage-Backed Securities GNMA 2057-01-15 4.5000% 17855.68 18710.98 Agency Mortgage-Backed Securities GNMA 2056-05-15 3.8900% 108031.76 116951.70 Agency Mortgage-Backed Securities GNMA 2044-10-15 3.0000% 10312.98 7549.21 Agency Mortgage-Backed Securities GNMA 2064-11-20 4.6040% 226889.40 236634.87 Agency Mortgage-Backed Securities GNMA 2057-02-15 3.1500% 5462.18 5587.01 Agency Mortgage-Backed Securities GNMA 2056-11-15 3.4500% 61827.89 64626.22 Agency Mortgage-Backed Securities GNMA 2045-06-15 3.0000% 152442.58 111085.82 Agency Mortgage-Backed Securities GNMA 2057-08-15 3.4700% 13371.49 14072.35 Agency Mortgage-Backed Securities GNMA 2057-06-15 3.9400% 217970.88 232466.62 Agency Mortgage-Backed Securities GNMA 2058-05-15 3.5300% 102194.36 106717.35 Agency Mortgage-Backed Securities GNMA 2057-09-15 3.6400% 282702.85 297626.38 Agency Mortgage-Backed Securities GNMA 2058-07-15 3.6100% 37469.70 39540.16 Agency Mortgage-Backed Securities GNMA 2045-12-20 4.5000% 84821.21 81099.64 Agency Mortgage-Backed Securities GNMA 2045-10-15 4.5000% 78715.61 79825.95 Agency Mortgage-Backed Securities GNMA 2057-03-15 4.2000% 54455.29 58084.75 Agency Mortgage-Backed Securities GNMA 2057-03-15 4.3000% 68858.98 73231.08 Agency Mortgage-Backed Securities GNMA 2057-03-15 4.2000% 99251.69 105866.86 Agency Mortgage-Backed Securities GNMA 2057-11-15 3.4500% 51443.74 54045.44 Agency Mortgage-Backed Securities GNMA 2058-04-15 3.2800% 35200.36 36095.62 Agency Mortgage-Backed Securities GNMA 2066-02-20 4.5640% 106242.67 106095.84 Agency Mortgage-Backed Securities GNMA 2057-08-15 3.8000% 54715.43 58732.87 Agency Mortgage-Backed Securities GNMA 2057-08-15 2.9400% 3810.31 3843.72 Agency Mortgage-Backed Securities GNMA 2046-08-15 3.0700% 5336.22 5370.10 Agency Mortgage-Backed Securities GNMA 2046-05-20 4.5000% 81709.27 74348.95 Agency Mortgage-Backed Securities GNMA 2057-12-15 3.5200% 23896.97 25288.66 Agency Mortgage-Backed Securities GNMA 2058-04-15 3.2900% 23986.85 24692.08 Agency Mortgage-Backed Securities GNMA 2058-09-15 3.0000% 9480.58 9612.92 Agency Mortgage-Backed Securities GNMA 2059-01-15 3.4900% 14991.85 15562.19 Agency Mortgage-Backed Securities GNMA 2058-08-15 3.6700% 32933.68 35022.39 Agency Mortgage-Backed Securities GNMA 2047-05-15 5.0000% 160075.32 176402.27 Agency Mortgage-Backed Securities GNMA 2067-01-20 4.5580% 38054.44 43236.04 Agency Mortgage-Backed Securities GNMA 2067-04-20 4.6230% 251157.86 284241.49 Agency Mortgage-Backed Securities GNMA 2058-02-15 3.3900% 82393.34 85324.81 Agency Mortgage-Backed Securities GNMA 2052-05-15 3.4000% 37422.74 38860.24 Agency Mortgage-Backed Securities GNMA 2047-04-20 4.5000% 118676.58 129218.59 Agency Mortgage-Backed Securities GNMA 2047-04-20 4.5000% 166620.30 180152.35 Agency Mortgage-Backed Securities GNMA 2059-05-15 3.4200% 11271.27 11607.88 Agency Mortgage-Backed Securities GNMA 2047-03-20 4.5000% 54539.70 58579.33 Agency Mortgage-Backed Securities GNMA 2067-04-20 4.6540% 100885.74 114342.47 Agency Mortgage-Backed Securities GNMA 2032-10-15 6.0000% 15221775.84 179595.94 Agency Mortgage-Backed Securities GNMA 2034-11-15 5.5000% 4081548.02 171703.77 Agency Mortgage-Backed Securities GNMA 2033-08-15 5.0000% 14203.67 2319.06 Agency Mortgage-Backed Securities GNMA 2033-09-15 4.5000% 219003.07 25421.15 Agency Mortgage-Backed Securities GNMA 2030-09-20 8.0000% 82702.34 35802.29 Agency Mortgage-Backed Securities GNMA 2044-06-20 4.5000% 141659.33 115532.05 Agency Mortgage-Backed Securities GNMA 2045-11-15 5.1400% 2452.68 2196.05 Agency Mortgage-Backed Securities GNMA 2040-04-15 4.5000% 175050.42 41025.52 Agency Mortgage-Backed Securities GNMA 2040-03-15 4.5000% 51711.65 8268.65 Agency Mortgage-Backed Securities GNMA 2041-08-15 4.0000% 8108.79 4104.56 Agency Mortgage-Backed Securities GNMA 2025-12-15 3.5000% 53960.81 7076.31 Agency Mortgage-Backed Securities GNMA 2036-12-15 5.3150% 5037.49 3873.30 Agency Mortgage-Backed Securities GNMA 2027-05-15 7.0000% 19700339.66 112000.26 Agency Mortgage-Backed Securities GNMA 2027-07-15 7.0000% 15056239.03 98226.09 Agency Mortgage-Backed Securities GNMA 2027-08-15 7.0000% 9089763.43 56826.96 Agency Mortgage-Backed Securities GNMA 2027-08-15 7.0000% 15372319.20 98820.81 Agency Mortgage-Backed Securities GNMA 2027-10-15 7.0000% 2336007.47 13490.78 Agency Mortgage-Backed Securities GNMA 2033-12-15 6.0000% 7610887.92 312861.69 Agency Mortgage-Backed Securities GNMA 2029-09-15 7.5000% 7610887.92 45232.69 Agency Mortgage-Backed Securities GNMA 2030-03-15 7.5000% 4612759.15 25595.41 Agency Mortgage-Backed Securities GNMA 2030-04-15 7.5000% 15221775.84 78264.47 Agency Mortgage-Backed Securities GNMA 2030-06-15 7.5000% 3044355.17 18492.68 Agency Mortgage-Backed Securities GNMA 2030-07-15 7.5000% 15221775.84 92869.36 Agency Mortgage-Backed Securities GNMA 2031-04-15 7.0000% 2720102.12 18562.99 Agency Mortgage-Backed Securities GNMA 2032-03-15 7.0000% 19155133.55 212191.92 Agency Mortgage-Backed Securities GNMA 2032-08-15 6.0000% 7610351.58 195161.09 Agency Mortgage-Backed Securities GNMA 2046-06-20 3.0000% 365474.84 321260.19 Agency Mortgage-Backed Securities GNMA 2047-05-20 3.5000% 126251.69 128820.47 Agency Mortgage-Backed Securities GNMA 2032-08-20 4.0000% 15901.73 15989.27 Agency Mortgage-Backed Securities GNMA 2039-09-15 5.5000% 1657541.79 102732.08 Agency Mortgage-Backed Securities GNMA 2040-04-15 6.0000% 378887.28 34344.40 Agency Mortgage-Backed Securities GNMA 2045-02-20 3.0000% 180387.56 167719.93 Agency Mortgage-Backed Securities GNMA 2038-02-15 6.0000% 6203038.20 145941.06 Agency Mortgage-Backed Securities GNMA 2040-06-15 5.0000% 40095.76 4182.96 Agency Mortgage-Backed Securities Y 2017-11-01 2017-11-01 2017-11-01 N N N 0.0107 28000000.00 28000000.00 0.2772 N Y Y N N/A FEDERAL FARM CREDIT BANKS FEDERAL FARM CREDIT BANKS 313313YC6 GDC 06/15/2018 313313YC6 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2018-06-15 2018-06-15 2018-06-15 N N N 0.0133 381882.27 381882.27 0.0038 N N N N N/A GOLDMAN, SACHS & CO. REPO TRIPA MORTG 1.03 11/01/2017 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FMAC 2036-04-01 6.0000% 986298.00 225060.12 Agency Mortgage-Backed Securities FMAC 2031-11-01 2.8850% 1999950.00 14878.12 Agency Mortgage-Backed Securities FMAC 2045-01-01 3.0600% 27951040.00 17133406.75 Agency Mortgage-Backed Securities FMAC 2030-03-01 3.0000% 5502560.00 4192995.88 Agency Mortgage-Backed Securities FMAC 2032-06-01 3.5000% 1001854.00 1037543.89 Agency Mortgage-Backed Securities FMAC 2033-05-01 3.5000% 120000.00 80239.37 Agency Mortgage-Backed Securities FNMA 2032-01-01 6.0000% 52258.00 6894.84 Agency Mortgage-Backed Securities FNMA 2042-02-01 4.0000% 9262920.00 4067149.28 Agency Mortgage-Backed Securities FNMA 2034-04-01 4.0000% 399338.00 309656.28 Agency Mortgage-Backed Securities FNMA 2044-07-01 5.0000% 179294.00 142881.59 Agency Mortgage-Backed Securities FNMA 2019-04-01 4.5000% 24062523.00 267715.50 Agency Mortgage-Backed Securities FNMA 2036-11-01 6.0000% 1000000.00 444078.40 Agency Mortgage-Backed Securities Y 2017-11-01 2017-11-01 2017-11-01 N N N 0.0103 27375000.00 27375000.00 0.2710 N Y Y N N/A Putnam Variable Trust 2017-11-07 /s/ Janet C. Smith Janet C. Smith Principal Accounting Officer