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1134718.96 53485.49 329491.23 531458.45 143745.47 1156086.33 1880900.20 2758326.25 0.0001 Y Putnam Investment Management, LLC Voluntary Expense Waiver 15499.30 FHLB FEDERAL HOME LOAN BANK 02.8750 09/11/2020 313370US5 US313370US52 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-09-11 2020-09-11 2020-09-11 N N N 0.0163 752178.52 752178.52 0.0085 N N Y N N/A FNMA FANNIE MAE 01.5000 11/30/2020 3135G0F73 US3135G0F731 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-11-30 2020-11-30 2020-11-30 N N N 0.0165 1004528.40 1004528.40 0.0113 N N N N N/A FNMA FANNIE MAE 01.8750 12/28/2020 3135G0H55 US3135G0H554 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-12-28 2020-12-28 2020-12-28 N N N 0.0153 856055.07 856055.07 0.0097 N N N N N/A FNMA FANNIE MAE 01.3750 02/26/2021 3135G0J20 US3135G0J204 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2021-02-26 2021-02-26 2021-02-26 N N N 0.0053 1006939.34 1006939.34 0.0114 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 852011.54 852011.54 0.0096 N N Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 00.1500 10/31/2020 9128285H9 US9128285H96 U.S. Treasury Debt Y 2020-08-01 2020-10-31 2020-10-31 N N N 0.0015 900105.94 900105.94 0.0101 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 00.2200 01/31/2021 9128285Y2 US9128285Y20 U.S. Treasury Debt Y 2020-08-01 2021-01-31 2021-01-31 N N N 0.0022 900429.80 900429.80 0.0102 N Y Y N N/A UNITED STATES OF AMERICA US TREASURY FRN 00.2440 04/30/2021 9128286Q8 US9128286Q86 U.S. Treasury Debt Y 2020-08-01 2021-04-30 2021-04-30 N N N 0.0024 900777.29 900777.29 0.0102 N Y Y N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 00.1375 10/09/2020 3133EJF20 US3133EJF201 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-09 2020-10-09 2020-10-09 N N N 0.0014 1149973.25 1149973.25 0.0130 N N N N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 00.2068 10/19/2020 3133EJ3H0 US3133EJ3H03 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-19 2020-10-19 2020-10-19 N N N 0.0021 849881.57 849881.57 0.0096 N N N N N/A FHLMC FREDDIE MAC 00.1300 08/21/2020 3134GTPW7 US3134GTPW72 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2020-08-21 2020-08-21 N N N 0.0012 850033.99 850033.99 0.0096 N N Y N N/A FNMA FANNIE MAE 00.1750 10/30/2020 3135G0V67 US3135G0V670 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2020-10-30 2020-10-30 N N N 0.0017 849947.74 849947.74 0.0096 N N N N N/A UNITED STATES OF AMERICA US TREASURY FRN 00.3250 07/31/2021 9128287G9 US9128287G95 U.S. Treasury Debt Y 2020-08-01 2021-07-31 2021-07-31 N N N 0.0033 1753297.10 1753297.10 0.0198 N Y Y N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 00.1956 02/01/2021 3133EKYG5 US3133EKYG57 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2021-02-01 2021-02-01 N N N 0.0021 850305.51 850305.51 0.0096 N N N N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 00.1883 12/11/2020 3133EH2J1 US3133EH2J14 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-11 2020-12-11 2020-12-11 N N N 0.0019 850034.01 850034.01 0.0096 N N N N N/A FHLB FEDERAL HOME LOAN BANK 00.3230 09/28/2020 3130A9FR7 US3130A9FR77 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-28 2020-09-28 2020-09-28 N N N 0.0032 850176.69 850176.69 0.0096 N N Y N N/A FHLMC FREDDIE MAC 00.1300 02/19/2021 3134GT3A9 US3134GT3A93 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2021-02-19 2021-02-19 N N N 0.0012 849509.13 849509.13 0.0096 N N N N N/A FHLMC FREDDIE MAC 00.1400 09/10/2020 3134GT6K4 US3134GT6K49 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2020-09-10 2020-09-10 N N N 0.0013 850098.69 850098.69 0.0096 N N Y N N/A FEDERAL FARM CREDIT BANKS FUNDING CORP FEDERAL FARM CREDIT BANK 00.1716 09/25/2020 3133EHZK2 US3133EHZK22 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-25 2020-09-25 2020-09-25 N N N 0.0017 499985.75 499985.75 0.0056 N N Y 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 802638.73 802638.73 0.0091 N N N N N/A FHLB FEDERAL HOME LOAN BANK 00.1640 01/04/2021 3130AFNC7 US3130AFNC74 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-10-04 2021-01-04 2021-01-04 N N N 0.0016 850003.33 850003.33 0.0096 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 08/06/2020 912796WZ8 US912796WZ80 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-06 2020-08-06 2020-08-06 N N N 0.0155 1349989.88 1349989.88 0.0152 N Y Y N N/A FNMA FANNIE MAE 00.2000 12/03/2021 3135G0Y72 US3135G0Y724 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2021-12-03 2021-12-03 N N N 0.0019 574653.15 574653.15 0.0065 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 08/27/2020 912796XG9 US912796XG90 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-27 2020-08-27 2020-08-27 N N N 0.0015 1999870.00 1999870.00 0.0226 N Y Y N N/A FHLMC FREDDIE MAC 00.2500 03/04/2022 3134GVFL7 US3134GVFL73 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2022-03-04 2022-03-04 N N N 0.0024 999920.98 999920.98 0.0113 N N N N N/A FNMA FANNIE MAE 00.2700 03/09/2022 3135G0Z55 US3135G0Z556 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2022-03-09 2022-03-09 N N N 0.0026 999676.93 999676.93 0.0113 N N N N N/A FHLB FHLB 313385CM6 GDC 03/01/2021 313385CM6 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2021-03-01 2021-03-01 2021-03-01 N N N 0.0060 999416.67 999416.67 0.0113 N N N N N/A FREDDIE MAC DISCOUNT NOTES FREDDIE MAC DISCOUNT NOTES 313396C68 GDC 08/19/2020 313396C68 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-19 2020-08-19 2020-08-19 N N N 0.0013 999968.89 999968.89 0.0113 N N Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 09/24/2020 9127962H1 US9127962H15 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-09-24 2020-09-24 2020-09-24 N N N 0.0015 999855.56 999855.56 0.0113 N Y Y N N/A FHLMC FREDDIE MAC 00.4200 09/30/2021 3134GVHV3 US3134GVHV38 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2021-09-30 2021-09-30 N N N 0.0041 1001883.25 1001883.25 0.0113 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 09/08/2020 9127963X5 US9127963X55 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-09-08 2020-09-08 2020-09-08 N N N 0.0015 999902.50 999902.50 0.0113 N Y Y N N/A FNMA FANNIE MAE 00.4500 04/07/2022 3135G03B7 US3135G03B75 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2022-04-07 2022-04-07 N N N 0.0044 1002543.21 1002543.21 0.0113 N N N N N/A FHLMC FREDDIE MAC 00.3600 05/05/2022 3134GVQW1 US3134GVQW10 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-01 2022-05-05 2022-05-05 N N N 0.0035 1001017.58 1001017.58 0.0113 N N N N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 09/15/2020 9127963Y3 US9127963Y39 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-09-15 2020-09-15 2020-09-15 N N N 0.0015 749912.66 749912.66 0.0085 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 10/29/2020 9127962T5 US9127962T52 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-10-29 2020-10-29 2020-10-29 N N N 0.0016 999758.33 999758.33 0.0113 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 08/11/2020 9127963N7 US9127963N73 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-11 2020-08-11 2020-08-11 N N N 0.0015 999981.11 999981.11 0.0113 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 08/18/2020 9127963P2 US9127963P22 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-18 2020-08-18 2020-08-18 N N N 0.0012 999962.50 999962.50 0.0113 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 08/25/2020 9127963Q0 US9127963Q05 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-25 2020-08-25 2020-08-25 N N N 0.0013 999946.53 999946.53 0.0113 N Y Y N N/A UNITED STATES OF AMERICA CASH MGMT BILL 00.0000 10/13/2020 9127964H9 US9127964H96 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-10-13 2020-10-13 2020-10-13 N N N 0.0014 999812.64 999812.64 0.0113 N Y Y N N/A UNITED STATES OF AMERICA CASH MGMT BILL 00.0000 10/06/2020 9127964G1 US9127964G14 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-10-06 2020-10-06 2020-10-06 N N N 0.0013 999848.89 999848.89 0.0113 N Y Y N N/A FED HOME LN DISCOUNT NT FED HOME LN DISCOUNT NT 313384B73 GDC 08/12/2020 313384B73 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-12 2020-08-12 2020-08-12 N N N 0.0013 749986.88 749986.88 0.0085 N N Y N N/A FED HOME LN DISCOUNT NT FED HOME LN DISCOUNT NT 313384B99 GDC 08/14/2020 313384B99 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-14 2020-08-14 2020-08-14 N N N 0.0014 999978.61 999978.61 0.0113 N N Y N N/A FED HOME LN DISCOUNT NT FED HOME LN DISCOUNT NT 313384G45 GDC 09/18/2020 313384G45 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-09-18 2020-09-18 2020-09-18 N N N 0.0015 749913.75 749913.75 0.0085 N N Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 08/04/2020 9127963M9 US9127963M90 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-08-04 2020-08-04 2020-08-04 N N N 0.0016 999997.71 999997.71 0.0113 N Y Y N N/A UNITED STATES OF AMERICA CASH MGMT BILL 00.0000 10/20/2020 9127964J5 US9127964J52 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-10-20 2020-10-20 2020-10-20 N N N 0.0015 999805.00 999805.00 0.0113 N Y Y N N/A FED HOME LN DISCOUNT NT FED HOME LN DISCOUNT NT 313384G94 GDC 09/23/2020 313384G94 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-09-23 2020-09-23 2020-09-23 N N N 0.0014 999872.50 999872.50 0.0113 N N Y N N/A FNMA FNMA 313588J71 GDC 10/07/2020 313588J71 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-10-07 2020-10-07 2020-10-07 N N N 0.0014 999837.50 999837.50 0.0113 N N N N N/A UNITED STATES OF AMERICA CASH MGMT BILL 00.0000 12/22/2020 9127965D7 US9127965D73 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-12-22 2020-12-22 2020-12-22 N N N 0.0012 999608.33 999608.33 0.0113 N Y Y N N/A UNITED STATES OF AMERICA TREASURY BILL 00.0000 01/21/2021 9127963V9 US9127963V99 U.S. Treasury Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2021-01-21 2021-01-21 2021-01-21 N N N 0.0013 999489.37 999489.37 0.0113 N Y Y N N/A BofA Securities, Inc. REPO TRIPA MORTG 0.1 08/03/2020 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FMAC 2048-09-01 4.5000% 952737.31 844383.35 Agency Mortgage-Backed Securities FMAC 2049-03-01 4.0000% 452221.81 347471.62 Agency Mortgage-Backed Securities FMAC 2042-09-01 4.0000% 2187093.23 875724.44 Agency Mortgage-Backed Securities FMAC 2046-03-01 4.0000% 1304226.27 845146.37 Agency Mortgage-Backed Securities FMAC 2046-06-01 4.0000% 1367108.77 852819.76 Agency Mortgage-Backed Securities FMAC 2050-03-01 4.0000% 773801.05 836683.40 Agency Mortgage-Backed Securities FMAC 2049-01-01 5.0000% 889508.60 872123.11 Agency Mortgage-Backed Securities FNMA 2028-10-01 3.0000% 2962901.75 850817.83 Agency Mortgage-Backed Securities FNMA 2034-08-01 3.5000% 1692454.89 838946.16 Agency Mortgage-Backed Securities FNMA 2047-08-01 4.0000% 1405473.41 854817.62 Agency Mortgage-Backed Securities FNMA 2025-11-01 3.7800% 799795.32 874928.89 Agency Mortgage-Backed Securities FNMA 2038-05-01 3.5000% 1067141.30 863504.19 Agency Mortgage-Backed Securities FNMA 2050-07-01 2.5000% 815589.89 862467.24 Agency Mortgage-Backed Securities FNMA 2049-07-01 4.0000% 1003801.18 864302.88 Agency Mortgage-Backed Securities FNMA 2032-04-01 3.5000% 281058.04 93748.53 Agency Mortgage-Backed Securities FNMA 2043-09-01 4.0000% 1827851.29 866182.43 Agency Mortgage-Backed Securities FNMA 2048-03-01 3.5000% 1290832.33 879208.41 Agency Mortgage-Backed Securities FNMA 2048-07-01 5.0000% 1686428.87 875123.82 Agency Mortgage-Backed Securities Y 2020-08-03 2020-08-03 2020-08-03 N N N 0.0010 13920000.00 13920000.00 0.1570 N Y Y N N/A CITIGROUP GLOBAL MARKETS INC. REPO TRIPA MORTG 0.09 08/03/2020 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FMAC 2024-03-01 4.0000% 727036.17 13315.97 Agency Mortgage-Backed Securities FMAC 2024-04-01 5.0000% 16721.19 3529.03 Agency Mortgage-Backed Securities FNMA 2022-06-01 6.0110% 115939.32 49487.44 Agency Mortgage-Backed Securities FNMA 2022-08-01 2.3100% 3220.54 3251.41 Agency Mortgage-Backed Securities FNMA 2023-01-01 2.4100% 8051.34 7159.48 Agency Mortgage-Backed Securities FNMA 2023-04-01 2.6600% 64378.53 60083.14 Agency Mortgage-Backed Securities FNMA 2023-05-01 2.3500% 6441.07 5690.37 Agency Mortgage-Backed Securities FNMA 2021-01-01 2.2700% 4830.81 4838.20 Agency Mortgage-Backed Securities FNMA 2020-09-01 3.6300% 52494.75 12326.90 Agency Mortgage-Backed Securities FNMA 2024-04-01 4.0000% 1385454.82 21207.32 Agency Mortgage-Backed Securities FNMA 2024-02-01 4.0000% 293948.79 5466.75 Agency Mortgage-Backed Securities FNMA 2024-04-01 4.0000% 1496175.55 38005.36 Agency Mortgage-Backed Securities FNMA 2024-04-01 4.0000% 1610268.38 33309.32 Agency Mortgage-Backed Securities FNMA 2024-04-01 4.0000% 178650.00 2797.84 Agency Mortgage-Backed Securities FNMA 2023-09-01 4.0000% 253592.21 2500.74 Agency Mortgage-Backed Securities FNMA 2024-03-01 4.0000% 364638.19 8034.88 Agency Mortgage-Backed Securities FNMA 2024-05-01 4.0000% 344262.88 12133.39 Agency Mortgage-Backed Securities FNMA 2024-04-01 4.0000% 270565.18 8698.02 Agency Mortgage-Backed Securities FNMA 2024-05-01 4.0000% 62495.13 2893.39 Agency Mortgage-Backed Securities FNMA 2022-01-01 3.0000% 120978.34 3206.22 Agency Mortgage-Backed Securities FNMA 2022-09-01 3.0000% 36210.07 2184.98 Agency Mortgage-Backed Securities FNMA 2024-01-01 3.5000% 32946.09 4513.31 Agency Mortgage-Backed Securities FNMA 2023-05-01 2.0000% 90175.03 10097.35 Agency Mortgage-Backed Securities FNMA 2023-09-01 2.0000% 51528.59 7777.14 Agency Mortgage-Backed Securities FNMA 2022-11-01 4.5000% 1610268.38 3473.55 Agency Mortgage-Backed Securities GNMA 2050-07-20 5.0000% 36451.74 40326.44 Agency Mortgage-Backed Securities GNMA 2059-12-15 3.4500% 103488.21 115990.00 Agency Mortgage-Backed Securities GNMA 2060-07-15 4.2900% 18363.50 21110.53 Agency Mortgage-Backed Securities GNMA 2061-02-15 4.3700% 72516.67 83760.71 Agency Mortgage-Backed Securities GNMA 2060-11-15 4.2500% 48153.24 54682.23 Agency Mortgage-Backed Securities GNMA 2062-04-15 3.4800% 34233.66 36930.83 Agency Mortgage-Backed Securities GNMA 2055-07-15 2.3300% 104603.03 109339.42 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 275268.91 292022.87 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 199397.02 213761.18 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 129872.07 140195.22 Agency Mortgage-Backed Securities GNMA 2050-07-20 4.0000% 34413.59 38406.48 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.5000% 46652.53 50415.56 Agency Mortgage-Backed Securities GNMA 2052-01-15 2.6600% 408470.27 438340.75 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 64127.75 68747.70 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 54592.12 58321.69 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 55206.51 58772.46 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 111251.74 118023.52 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 766.07 821.26 Agency Mortgage-Backed Securities GNMA 2052-05-15 3.1000% 573752.73 636221.40 Agency Mortgage-Backed Securities GNMA 2070-06-20 2.6210% 546759.06 614655.69 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 110918.57 120699.04 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 129753.75 138251.76 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 556111.79 596172.41 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 931.80 988.51 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.5000% 74056.34 81867.18 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 48008.70 51421.71 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 106254.78 113544.21 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 73757.67 78084.39 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 211948.87 224382.92 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 102806.49 109064.11 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 38267.77 41642.18 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 74545.35 80215.14 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 149012.05 159605.06 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 163265.69 174466.42 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 183405.99 195418.78 Agency Mortgage-Backed Securities GNMA 2050-07-20 2.5000% 58038.07 62163.60 Agency Mortgage-Backed Securities U.S. TREASURY 2039-05-15 4.2500% 721828.56 1150107.98 U.S. Treasuries (including strips) U.S. TREASURY 2039-11-15 4.3750% 1962653.07 3185615.98 U.S. Treasuries (including strips) U.S. TREASURY 2040-02-15 4.6250% 1889447.05 3185524.76 U.S. Treasuries (including strips) U.S. TREASURY 2043-11-15 3.7500% 521846.11 809939.33 U.S. Treasuries (including strips) Y 2020-08-03 2020-08-03 2020-08-03 N N N 0.0009 13800000.00 13800000.00 0.1556 N Y Y N N/A ROYAL BANK OF CANADA REPO TRIPA MORTG 0.09 08/03/2020 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N FMAC 2050-05-01 3.5000% 174510.04 180142.95 Agency Mortgage-Backed Securities FMAC 2048-04-01 4.0000% 398254.03 340588.25 Agency Mortgage-Backed Securities FMAC 2042-07-01 3.5000% 65381.23 34882.20 Agency Mortgage-Backed Securities FMAC 2050-02-01 3.0000% 31400.03 32462.72 Agency Mortgage-Backed Securities FMAC 2050-03-01 3.0000% 90917.77 96583.59 Agency Mortgage-Backed Securities FMAC 2050-06-01 3.0000% 37318.82 39513.72 Agency Mortgage-Backed Securities FMAC 2050-07-01 2.5000% 40409.92 42523.86 Agency Mortgage-Backed Securities FMAC 2040-07-01 3.0000% 15338.07 16287.53 Agency Mortgage-Backed Securities FNMA 2047-05-01 4.5000% 351824.58 224328.83 Agency Mortgage-Backed Securities FNMA 2058-08-01 3.5000% 54588.49 50449.24 Agency Mortgage-Backed Securities FNMA 2050-03-01 3.0000% 118819.09 121991.39 Agency Mortgage-Backed Securities FNMA 2047-09-01 3.5000% 223944.47 198550.87 Agency Mortgage-Backed Securities FNMA 2047-09-01 4.5000% 1686396.02 1172974.18 Agency Mortgage-Backed Securities FNMA 2048-05-01 4.5000% 394690.36 320170.64 Agency Mortgage-Backed Securities FNMA 2048-08-01 4.5000% 2740986.18 2210847.45 Agency Mortgage-Backed Securities FNMA 2049-05-01 4.5000% 232910.55 221741.95 Agency Mortgage-Backed Securities FNMA 2050-02-01 3.0000% 1769767.00 1859681.39 Agency Mortgage-Backed Securities FNMA 2050-06-01 2.5000% 1984314.88 2075996.23 Agency Mortgage-Backed Securities FNMA 2050-07-01 2.5000% 263310.14 283516.95 Agency Mortgage-Backed Securities FNMA 2033-01-01 3.0000% 318021.72 121917.94 Agency Mortgage-Backed Securities FNMA 2040-03-01 3.8350% 2042341.28 105369.81 Agency Mortgage-Backed Securities GNMA 2041-08-15 4.4900% 52669.77 22458.77 Agency Mortgage-Backed Securities GNMA 2041-09-15 4.4900% 100009.57 41188.32 Agency Mortgage-Backed Securities GNMA 2041-09-15 4.4900% 65066.28 22099.94 Agency Mortgage-Backed Securities GNMA 2048-11-20 4.5000% 44290.67 20467.28 Agency Mortgage-Backed Securities GNMA 2047-08-20 4.5000% 45146.37 23778.23 Agency Mortgage-Backed Securities GNMA 2047-10-15 4.0000% 404295.40 283310.86 Agency Mortgage-Backed Securities GNMA 2048-07-20 4.5000% 315096.17 211944.19 Agency Mortgage-Backed Securities GNMA 2049-08-20 3.0000% 270779.24 281674.65 Agency Mortgage-Backed Securities GNMA 2049-08-20 4.0000% 125127.25 87623.33 Agency Mortgage-Backed Securities GNMA 2050-03-20 3.0000% 177688.60 187281.92 Agency Mortgage-Backed Securities GNMA 2050-02-20 3.0000% 210270.33 228890.88 Agency Mortgage-Backed Securities GNMA 2050-02-20 3.0000% 230470.01 248744.93 Agency Mortgage-Backed Securities GNMA 2050-04-20 4.0000% 224987.82 245048.72 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 7293.34 7737.26 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 104085.55 112359.10 Agency Mortgage-Backed Securities GNMA 2050-07-20 3.0000% 78001.56 84879.82 Agency Mortgage-Backed Securities GNMA 2047-03-15 4.0000% 107774.28 67983.81 Agency Mortgage-Backed Securities GNMA 2050-06-20 4.5000% 2027744.30 2148111.91 Agency Mortgage-Backed Securities Y 2020-08-03 2020-08-03 2020-08-03 N N N 0.0009 13800000.00 13800000.00 0.1556 N Y Y N N/A Putnam Variable Trust 2020-08-06 /s/ Janet C. Smith Janet C. Smith Principal Accounting Officer