N-MFP2 0000822671 XXXXXXXX 2019-10-31 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 26 100 69544453.14 68993203.55 69234172.85 69558301.12 74486999.97 73937404.64 74179888.80 71805304.01 0.7543 0.7773 0.7517 0.7549 0.8079 0.8069 0.8054 0.7793 3467.10 87308997.53 87307318.23 78749.21 419360.79 86970173.75 86973179.9000 1.0000 0.0182 1.0000 1.0000 0.9999 0.9999 C000010859 500.00 44803774.93 44805085.1900 1.0000 1.0000 1.0000 0.9999 636298.26 599326.53 922198.57 571357.41 126815.12 326244.37 194197.04 853210.25 1699923.82 2272101.04 0.0142 N C000010860 500.00 42166398.82 42168094.7100 1.0000 0.9999 0.9999 0.9999 48988.03 209178.24 1611.98 145511.40 74202.52 105648.30 526945.03 408887.02 602759.53 815078.03 0.0117 N FHLMC FREDDIE MAC 01.3750 05/01/2020 3137EADR7 US3137EADR73 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-05-01 2020-05-01 2020-05-01 N N N 0.0184 399504.22 399504.22 0.0046 N N N N N/A FNMA FANNIE MAE 01.5000 06/22/2020 3135G0D75 US3135G0D751 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-06-22 2020-06-22 2020-06-22 N N N 0.0180 899255.75 899255.75 0.0103 N N N N N/A FHLMC FREDDIE MAC 01.6250 09/29/2020 3137EAEJ4 US3137EAEJ49 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-09-29 2020-09-29 2020-09-29 N N N 0.0164 850097.84 850097.84 0.0098 N N N N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.6597 04/30/2020 9128284K3 US9128284K35 U.S. Treasury Debt Y 2019-11-01 2020-04-30 2020-04-30 N N N 0.0167 999439.95 999439.95 0.0115 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.6697 07/31/2020 912828Y53 US912828Y537 U.S. Treasury Debt Y 2019-11-01 2020-07-31 2020-07-31 N N N 0.0168 999140.20 999140.20 0.0115 N Y Y N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANKS 313312PU8 GDC 11/27/2019 313312PU8 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-27 2019-11-27 2019-11-27 N N N 0.0271 299636.00 299636.00 0.0034 N N Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 12/05/2019 912796RN1 US912796RN16 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-12-05 2019-12-05 2019-12-05 N N N 0.0195 848801.65 848801.65 0.0098 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.6717 10/31/2020 9128285H9 US9128285H96 U.S. Treasury Debt Y 2019-11-01 2020-10-31 2020-10-31 N N N 0.0168 898760.57 898760.57 0.0103 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.7417 01/31/2021 9128285Y2 US9128285Y20 U.S. Treasury Debt Y 2019-11-01 2021-01-31 2021-01-31 N N N 0.0175 899013.20 899013.20 0.0103 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 01/30/2020 912796RY7 US912796RY70 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-01-30 2020-01-30 2020-01-30 N N N 0.0195 846759.38 846759.38 0.0097 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 03/26/2020 912796SH3 US912796SH39 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-03-26 2020-03-26 2020-03-26 N N N 0.0188 844717.13 844717.13 0.0097 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.7657 04/30/2021 9128286Q8 US9128286Q86 U.S. Treasury Debt Y 2019-11-01 2021-04-30 2021-04-30 N N N 0.0178 898844.11 898844.11 0.0103 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 11/21/2019 912796ST7 US912796ST76 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-21 2019-11-21 2019-11-21 N N N 0.0196 849281.04 849281.04 0.0098 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 11/29/2019 912796SU4 US912796SU40 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-29 2019-11-29 2019-11-29 N N N 0.0199 849021.56 849021.56 0.0098 N Y Y N N/A FED HOME LN DISCOUNT NT FED HOME LN DISCOUNT NT 313384PM5 GDC 11/20/2019 313384PM5 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-20 2019-11-20 2019-11-20 N N N 0.0219 1198936.00 1198936.00 0.0138 N N Y N N/A FREDDIE MAC DISCOUNT NOTES FREDDIE MAC DISCOUNT NOTES 313396PD9 GDC 11/12/2019 313396PD9 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-12 2019-11-12 2019-11-12 N N N 0.0217 749615.00 749615.00 0.0086 N N Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 12/12/2019 912796SW0 US912796SW06 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-12-12 2019-12-12 2019-12-12 N N N 0.0195 848574.30 848574.30 0.0098 N Y Y N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 01.8953 10/09/2020 3133EJF20 US3133EJF201 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-09 2020-10-09 2020-10-09 N N N 0.0190 1148644.45 1148644.45 0.0132 N N N N N/A FHLB FEDERAL HOME LOAN BANK 01.8010 01/16/2020 3130AFQK6 US3130AFQK63 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-01-16 2020-01-16 2020-01-16 N N N 0.0180 1149878.28 1149878.28 0.0132 N N N N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 01.8664 10/19/2020 3133EJ3H0 US3133EJ3H03 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-19 2020-10-19 2020-10-19 N N N 0.0187 849314.97 849314.97 0.0098 N N N N N/A FHLMC FREDDIE MAC 01.8500 08/21/2020 3134GTPW7 US3134GTPW72 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2020-08-21 2020-08-21 N N N 0.0184 849663.38 849663.38 0.0098 N N N N N/A FNMA FANNIE MAE 01.8950 10/30/2020 3135G0V67 US3135G0V670 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2020-10-30 2020-10-30 N N N 0.0189 849786.96 849786.96 0.0098 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 01/16/2020 912796TB5 US912796TB59 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-01-16 2020-01-16 2020-01-16 N N N 0.0209 847245.52 847245.52 0.0097 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 01/23/2020 912796TC3 US912796TC33 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-01-23 2020-01-23 2020-01-23 N N N 0.0209 847025.80 847025.80 0.0097 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 01.8467 07/31/2021 9128287G9 US9128287G95 U.S. Treasury Debt Y 2019-11-01 2021-07-31 2021-07-31 N N N 0.0186 1749733.09 1749733.09 0.0201 N Y Y N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 01.8214 02/01/2021 3133EKYG5 US3133EKYG57 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2021-02-01 2021-02-01 N N N 0.0207 849477.45 849477.45 0.0098 N N N N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 01.9374 12/11/2020 3133EH2J1 US3133EH2J14 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-11 2020-12-11 2020-12-11 N N N 0.0194 849491.03 849491.03 0.0098 N N N N N/A FHLB FEDERAL HOME LOAN BANK 01.9540 09/28/2020 3130A9FR7 US3130A9FR77 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-28 2020-09-28 2020-09-28 N N N 0.0195 850714.82 850714.82 0.0098 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 02/06/2020 912796TE9 US912796TE98 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-02-06 2020-02-06 2020-02-06 N N N 0.0198 846501.37 846501.37 0.0097 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 02/13/2020 912796TF6 US912796TF63 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-02-13 2020-02-13 2020-02-13 N N N 0.0196 945834.85 945834.85 0.0109 N Y Y N N/A FHLMC FREDDIE MAC 01.8500 02/19/2021 3134GT3A9 US3134GT3A93 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2021-02-19 2021-02-19 N N N 0.0184 848888.94 848888.94 0.0098 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 02/20/2020 912796TG4 US912796TG47 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-02-20 2020-02-20 2020-02-20 N N N 0.0190 846054.99 846054.99 0.0097 N Y Y N N/A FHLMC FREDDIE MAC 01.8500 06/04/2020 3134GT5J8 US3134GT5J84 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2020-06-04 2020-06-04 N N N 0.0184 849861.97 849861.97 0.0098 N N N N N/A FHLMC FREDDIE MAC 01.8600 09/10/2020 3134GT6K4 US3134GT6K49 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2020-09-10 2020-09-10 N N N 0.0185 849671.19 849671.19 0.0098 N N N N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 01.8228 09/25/2020 3133EHZK2 US3133EHZK22 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-25 2020-09-25 2020-09-25 N N N 0.0182 499663.50 499663.50 0.0057 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 03/05/2020 912796TH2 US912796TH20 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-03-05 2020-03-05 2020-03-05 N N N 0.0190 845477.00 845477.00 0.0097 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 03/12/2020 912796TK5 US912796TK58 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-03-12 2020-03-12 2020-03-12 N N N 0.0191 845223.71 845223.71 0.0097 N Y Y N N/A FHLMC FREDDIE MAC 01.8600 04/03/2020 3134GUFR6 US3134GUFR60 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2020-04-03 2020-04-03 N N N 0.0185 849923.61 849923.61 0.0098 N N N N N/A FREDDIE MAC DISCOUNT NOTES FREDDIE MAC DISCOUNT NOTES 313396TA1 GDC 02/13/2020 313396TA1 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-02-13 2020-02-13 2020-02-13 N N N 0.0166 796279.11 796279.11 0.0092 N N N N N/A FNMA FNMA 313588RV9 GDC 01/15/2020 313588RV9 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-01-15 2020-01-15 2020-01-15 N N N 0.0166 797300.00 797300.00 0.0092 N N N N N/A FHLB FEDERAL HOME LOAN BANK 01.6250 10/23/2020 3130AHEM1 US3130AHEM14 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-10-23 2020-10-23 2020-10-23 N N N 0.0163 799828.05 799828.05 0.0092 N N N N N/A FNMA FNMA 313588PU3 GDC 11/27/2019 313588PU3 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-27 2019-11-27 2019-11-27 N N N 0.0168 799029.34 799029.34 0.0092 N N Y N N/A BofA Securities, Inc. REPO TRIPA MORTG 1.75 11/01/2019 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FMAC 2044-05-01 4.5160% 6431829.84 681839.89 Agency Mortgage-Backed Securities FMAC 2045-10-01 2.5060% 1640772.92 640775.12 Agency Mortgage-Backed Securities FMAC 2045-12-01 2.6500% 1575142.00 661850.22 Agency Mortgage-Backed Securities FMAC 2044-04-01 4.0000% 1213837.04 668276.53 Agency Mortgage-Backed Securities FMAC 2048-08-01 4.5000% 749801.79 663291.79 Agency Mortgage-Backed Securities FMAC 2048-08-01 4.5000% 736536.53 673863.85 Agency Mortgage-Backed Securities FMAC 2049-10-01 2.5000% 680220.87 673370.29 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.5000% 637814.51 658255.39 Agency Mortgage-Backed Securities FNMA 2042-12-01 2.4500% 4257262.56 719448.96 Agency Mortgage-Backed Securities FNMA 2041-09-01 4.4670% 1601381.44 685135.45 Agency Mortgage-Backed Securities FNMA 2031-11-01 2.7500% 721940.08 711219.15 Agency Mortgage-Backed Securities FNMA 2030-02-01 3.1700% 678623.68 725659.54 Agency Mortgage-Backed Securities FNMA 2030-04-01 3.4000% 258670.54 281842.59 Agency Mortgage-Backed Securities FNMA 2030-05-01 3.4600% 612402.08 666779.31 Agency Mortgage-Backed Securities FNMA 2042-05-01 4.0000% 1415754.10 557199.29 Agency Mortgage-Backed Securities FNMA 2043-09-01 4.0000% 1436626.38 671258.01 Agency Mortgage-Backed Securities FNMA 2048-02-01 4.0000% 697459.75 654905.15 Agency Mortgage-Backed Securities FNMA 2038-01-01 3.0000% 746644.02 656883.73 Agency Mortgage-Backed Securities FNMA 2033-10-01 3.7800% 265579.64 290328.80 Agency Mortgage-Backed Securities FNMA 2029-09-01 2.6800% 634742.85 654220.78 Agency Mortgage-Backed Securities FNMA 2047-12-01 4.5000% 816098.59 658081.71 Agency Mortgage-Backed Securities FNMA 2049-03-01 5.0000% 646749.76 652313.92 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 665929.08 690712.59 Agency Mortgage-Backed Securities FNMA 2049-09-01 3.0000% 710045.40 701656.26 Agency Mortgage-Backed Securities FNMA 2047-08-01 3.5000% 769981.91 669688.35 Agency Mortgage-Backed Securities FNMA 2037-09-01 4.0000% 854319.81 695565.71 Agency Mortgage-Backed Securities FNMA 2038-11-01 4.5000% 762755.23 695977.65 Agency Mortgage-Backed Securities Y 2019-11-01 2019-11-01 2019-11-01 N N N 0.0175 17020000.00 17020000.00 0.1957 N Y Y N N/A HSBC SECURITIES (USA), INC. REPO TRIPA MORTG 1.74 11/01/2019 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FNMA 2049-10-01 3.0570% 2995724.84 3052938.94 Agency Mortgage-Backed Securities FNMA 2048-09-01 4.0000% 1775981.16 1739545.62 Agency Mortgage-Backed Securities FNMA 2049-04-01 4.0000% 5864532.91 5895251.56 Agency Mortgage-Backed Securities FNMA 2049-07-01 3.5000% 2362678.27 2384127.53 Agency Mortgage-Backed Securities FNMA 2034-07-01 3.5000% 2208992.04 2268447.83 Agency Mortgage-Backed Securities FNMA 2042-05-01 3.5000% 41492.10 16533.48 Agency Mortgage-Backed Securities FNMA 2042-09-01 3.5000% 3161558.39 1473968.53 Agency Mortgage-Backed Securities Y 2019-11-01 2019-11-01 2019-11-01 N N N 0.0174 16500000.00 16500000.00 0.1897 N Y Y N N/A FHLB FEDERAL HOME LOAN BANK 01.9210 01/04/2021 3130AFNC7 US3130AFNC74 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-01-04 2021-01-04 2021-01-04 N N N 0.0192 849086.25 849086.25 0.0098 N N N N N/A CITIGROUP GLOBAL MARKETS INC. REPO TRIPA MORTG 1.74 11/01/2019 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FMAC 2026-07-01 4.5000% 27981.32 2038.59 Agency Mortgage-Backed Securities FMAC 2049-03-01 4.5000% 273684.91 218434.02 Agency Mortgage-Backed Securities FMAC 2024-10-01 4.5000% 30133.43 1544.55 Agency Mortgage-Backed Securities FMAC 2048-10-01 4.5000% 40070.33 36151.48 Agency Mortgage-Backed Securities FMAC 2047-05-01 5.0000% 63984.34 42853.93 Agency Mortgage-Backed Securities FMAC 2034-03-01 3.5000% 21614.89 18208.71 Agency Mortgage-Backed Securities FMAC 2049-10-01 2.5000% 174581.07 172822.84 Agency Mortgage-Backed Securities FMAC 2049-10-01 5.0000% 375997.90 403169.76 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.5000% 109371.12 112556.71 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 270853.19 276470.60 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 88483.29 90700.48 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 49587.78 50348.54 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 129288.32 132527.99 Agency Mortgage-Backed Securities FMAC 2049-10-01 4.0000% 264496.45 282855.21 Agency Mortgage-Backed Securities FMAC 2049-10-01 4.0000% 497639.97 520868.42 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 85901.55 88146.99 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 174147.39 178360.65 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 567071.32 578587.22 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.5000% 138503.71 143848.49 Agency Mortgage-Backed Securities FMAC 2049-10-01 2.5000% 207032.35 204947.31 Agency Mortgage-Backed Securities FMAC 2049-04-01 4.5000% 89854.87 97641.10 Agency Mortgage-Backed Securities FNMA 2038-12-01 5.5000% 128855.40 17895.96 Agency Mortgage-Backed Securities FNMA 2027-05-01 3.5000% 9141.79 1835.11 Agency Mortgage-Backed Securities FNMA 2032-01-01 3.5000% 22811.87 15832.87 Agency Mortgage-Backed Securities FNMA 2027-02-01 3.1000% 346816.60 352523.91 Agency Mortgage-Backed Securities FNMA 2033-05-01 3.6800% 446872.28 500043.68 Agency Mortgage-Backed Securities FNMA 2028-01-01 2.5000% 4180.09 1566.56 Agency Mortgage-Backed Securities FNMA 2031-03-01 3.5000% 5272.63 2686.89 Agency Mortgage-Backed Securities FNMA 2056-04-01 4.0000% 107874.58 78891.61 Agency Mortgage-Backed Securities FNMA 2059-01-01 4.5000% 6011.59 6435.10 Agency Mortgage-Backed Securities FNMA 2049-03-01 4.0000% 228968.06 236645.17 Agency Mortgage-Backed Securities FNMA 2030-04-01 2.5000% 1697491.98 1146870.19 Agency Mortgage-Backed Securities FNMA 2028-01-01 3.3210% 1938938.94 1977983.26 Agency Mortgage-Backed Securities FNMA 2033-03-01 3.5000% 21803.10 18269.98 Agency Mortgage-Backed Securities FNMA 2049-09-01 3.0000% 278237.99 282001.89 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 195596.70 198597.67 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 42339.35 44799.92 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 393572.78 399610.84 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.5000% 175955.81 183819.18 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.5000% 189121.96 198151.67 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.0000% 220213.69 225799.56 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.0000% 70974.10 72752.62 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.5000% 50721.56 53514.77 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 1048.13 1068.25 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 2099.02 2206.92 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 79056.75 81233.23 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 54939.00 56434.48 Agency Mortgage-Backed Securities FNMA 2049-11-01 4.0000% 62857.44 66227.12 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 239959.31 251781.73 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.0000% 389149.77 415422.91 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 60202.49 63150.33 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.5000% 193540.34 204964.06 Agency Mortgage-Backed Securities FNMA 2049-11-01 5.0000% 244832.94 263704.12 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.0000% 99708.28 103962.16 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.5000% 332139.17 351743.35 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 52077.36 53657.77 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.0000% 112190.94 116977.59 Agency Mortgage-Backed Securities FNMA 2049-06-01 4.0000% 205178.47 211955.72 Agency Mortgage-Backed Securities FNMA 2049-07-01 2.5000% 245558.13 242681.35 Agency Mortgage-Backed Securities FNMA 2024-12-01 4.0000% 38079.87 3569.01 Agency Mortgage-Backed Securities FNMA 2024-08-01 4.5000% 25039.24 1266.23 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 558181.85 564478.37 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 1058075.31 1065700.50 Agency Mortgage-Backed Securities GNMA 2030-09-20 8.0000% 2271.03 2404.11 Agency Mortgage-Backed Securities GNMA 2037-10-20 7.0000% 4343.75 4641.88 Agency Mortgage-Backed Securities GNMA 2037-08-20 7.5000% 2212.97 2344.93 Agency Mortgage-Backed Securities GNMA 2049-07-20 4.0000% 2662284.44 2770496.07 Agency Mortgage-Backed Securities GNMA 2049-10-20 4.0000% 138308.74 147928.14 Agency Mortgage-Backed Securities GNMA 2046-11-15 3.0000% 41492.78 32298.83 Agency Mortgage-Backed Securities GNMA 2046-10-15 3.0000% 26250.32 25348.23 Agency Mortgage-Backed Securities GNMA 2033-06-15 5.5000% 87201.96 2513.58 Agency Mortgage-Backed Securities GNMA 2033-07-15 5.5000% 12431.07 1054.57 Agency Mortgage-Backed Securities GNMA 2034-02-15 5.5000% 116394.07 3068.88 Agency Mortgage-Backed Securities GNMA 2039-10-15 5.5000% 12070.06 2288.96 Agency Mortgage-Backed Securities GNMA 2039-01-15 6.0000% 41739.92 32214.48 Agency Mortgage-Backed Securities GNMA 2029-09-15 6.5000% 14268.92 1982.47 Agency Mortgage-Backed Securities U.S. TREASURY 2024-01-31 2.2500% 9337.22 9617.66 U.S. Treasuries (including strips) Y 2019-11-01 2019-11-01 2019-11-01 N N N 0.0174 16500000.00 16500000.00 0.1897 N Y Y N N/A Putnam Variable Trust 2019-11-06 /s/ Janet C. Smith Janet C. Smith Principal Accounting Officer