N-MFP2 0000932101 XXXXXXXX 2019-10-31 0000932101 S000052894 8 N N 033-56339 Putnam Investment Management, LLC 801-07974 Putnam Investment Limited 801-61441 KPMG, LLP Boston MA Not Applicable Putnam Investor Services, Inc. 0001448300 084-06331 N N N Exempt Government N 26 95 98920132.20 99015514.39 98935595.63 100059999.23 105659363.70 105757055.86 105699274.63 103505541.33 0.7662 0.7877 0.7633 0.7627 0.8184 0.8191 0.8155 0.7890 913.55 130674770.30 130672288.89 3129005.72 3334752.03 130467456.13 130465596.2900 1.0000 0.0183 1.0000 1.0000 1.0000 1.0000 C000166400 500.00 68227138.54 68228306.2300 1.0000 1.0000 1.0000 1.0000 695915.38 236879.65 630114.74 148939.14 1250579.44 511604.78 383177.20 214561.31 2840398.55 948321.55 0.0129 N C000166401 500.00 193865.53 193886.3240 0.9999 0.9999 0.9999 0.9999 220.17 0.00 14035.68 2286.06 0.00 0.00 0.00 0.00 14035.68 2286.06 0.0129 N C000166402 500.00 1737046.96 1737102.1760 1.0000 1.0000 1.0000 0.9999 31733.55 16073.35 97.50 5092.40 452.53 240.00 12402.84 2700.00 42667.67 24054.63 0.0129 N C000166403 500.00 48140369.70 48136666.3500 1.0001 1.0001 1.0001 1.0000 3829193.30 510528.89 221732.20 889829.23 338485.39 276428.60 265431.48 134361.16 1200191.01 1763314.69 0.0145 N C000166404 5000000.00 10341.36 10341.1900 1.0000 1.0000 1.0000 1.0000 13.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0145 N C000166405 500.00 11567652.36 11568225.5000 1.0000 1.0000 0.9999 0.9999 389077.67 348611.73 889329.96 585232.74 336124.57 553458.85 571588.92 565280.11 2100631.29 1891586.37 0.0129 N C000166406 500.00 10000.76 10000.0000 1.0001 1.0001 1.0001 1.0000 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0145 N C000166407 500.00 581040.92 581068.5200 1.0000 1.0000 0.9999 0.9999 24908.54 44.88 2142.44 21729.58 3424.82 66.62 1696.16 1160.21 31483.04 23001.29 0.0129 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 644200.55 644200.55 0.0049 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 1282938.21 1282938.21 0.0098 N N N N N/A FNMA FANNIE MAE 01.5000 07/30/2020 3135G0T60 US3135G0T609 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2020-07-30 2020-07-30 2020-07-30 N N N 0.0163 699436.00 699436.00 0.0054 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 1275146.77 1275146.77 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 0.0077 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 0.0077 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 0.0257 399514.67 399514.67 0.0031 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 1148378.71 1148378.71 0.0088 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 1098485.15 1098485.15 0.0084 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 1098793.92 1098793.92 0.0084 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 1145615.63 1145615.63 0.0088 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 1142852.59 1142852.59 0.0088 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 1098587.25 1098587.25 0.0084 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 1149027.30 1149027.30 0.0088 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 1148676.22 1148676.22 0.0088 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 1798403.99 1798403.99 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 1249358.34 1249358.34 0.0096 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 1148071.11 1148071.11 0.0088 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 848998.07 848998.07 0.0065 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 849910.04 849910.04 0.0065 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 1149073.19 1149073.19 0.0088 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 1149544.58 1149544.58 0.0088 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 1149711.78 1149711.78 0.0088 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 1146273.36 1146273.36 0.0088 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 1145976.08 1145976.08 0.0088 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 2349641.58 2349641.58 0.0180 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 1149293.01 1149293.01 0.0088 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 1149311.39 1149311.39 0.0088 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 1150967.12 1150967.12 0.0088 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 1145266.57 1145266.57 0.0088 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 1194738.76 1194738.76 0.0092 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 1148496.80 1148496.80 0.0088 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 1144662.63 1144662.63 0.0088 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 1149813.25 1149813.25 0.0088 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 1149555.15 1149555.15 0.0088 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 1199192.40 1199192.40 0.0092 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 1143880.64 1143880.64 0.0088 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 1143537.95 1143537.95 0.0088 N Y Y N N/A FHLB FEDERAL HOME LOAN BANK 01.8850 02/26/2021 3130AGZ24 US3130AGZ241 U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-01 2021-02-26 2021-02-26 N N N 0.0188 998807.73 998807.73 0.0077 N N N 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 1149896.65 1149896.65 0.0088 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 1194418.67 1194418.67 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 1195950.00 1195950.00 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 1199742.07 1199742.07 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 1198544.00 1198544.00 0.0092 N N Y N N/A FNMA FNMA 313588PW9 GDC 11/29/2019 313588PW9 NA U.S. Government Agency Debt Y Moody's P-1 S&P A-1+ Fitch F1+ 2019-11-29 2019-11-29 2019-11-29 N N N 0.0165 678112.77 678112.77 0.0052 N N Y N N/A BNP PARIBAS 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 FCSB 2022-06-02 1.8750% 56576.58 57193.79 Agency Mortgage-Backed Securities FNMA 2027-06-01 3.5000% 325533.87 73752.99 Agency Mortgage-Backed Securities FNMA 2029-07-01 4.5000% 306828.11 18373.74 Agency Mortgage-Backed Securities FNMA 2034-01-01 3.5000% 434200.54 164482.39 Agency Mortgage-Backed Securities FNMA 2048-07-01 4.5000% 4180976.40 3216284.09 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 13503.78 13710.97 Agency Mortgage-Backed Securities GNMA 2042-05-20 3.5000% 244245.59 81904.09 Agency Mortgage-Backed Securities GNMA 2046-06-20 3.5000% 2080220.90 1244662.57 Agency Mortgage-Backed Securities GNMA 2047-11-20 3.0000% 44310.09 37622.19 Agency Mortgage-Backed Securities GNMA 2049-03-20 4.0000% 455968.83 454338.42 Agency Mortgage-Backed Securities U.S. TREASURY 2046-11-15 2.8750% 13234126.13 15034140.98 U.S. Treasuries (including strips) U.S. TREASURY 2026-09-30 1.6250% 4540.54 4519.82 U.S. Treasuries (including strips) Y 2019-11-01 2019-11-01 2019-11-01 N N N 0.0174 20000000.00 20000000.00 0.1533 N Y 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% 6944637.89 736202.80 Agency Mortgage-Backed Securities FMAC 2045-10-01 2.5060% 1771591.30 691863.95 Agency Mortgage-Backed Securities FMAC 2045-12-01 2.6500% 1700727.65 714619.36 Agency Mortgage-Backed Securities FMAC 2044-04-01 4.0000% 1310615.94 721558.03 Agency Mortgage-Backed Securities FMAC 2048-08-01 4.5000% 809583.28 716175.87 Agency Mortgage-Backed Securities FMAC 2048-08-01 4.5000% 795260.39 727590.83 Agency Mortgage-Backed Securities FMAC 2049-10-01 2.5000% 734454.70 727057.92 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.5000% 688667.28 710737.91 Agency Mortgage-Backed Securities FNMA 2042-12-01 2.4500% 4596692.95 776810.43 Agency Mortgage-Backed Securities FNMA 2041-09-01 4.4670% 1729059.15 739761.12 Agency Mortgage-Backed Securities FNMA 2031-11-01 2.7500% 779500.17 767924.46 Agency Mortgage-Backed Securities FNMA 2030-02-01 3.1700% 732730.16 783516.18 Agency Mortgage-Backed Securities FNMA 2030-04-01 3.4000% 279294.27 304313.83 Agency Mortgage-Backed Securities FNMA 2030-05-01 3.4600% 661228.74 719941.44 Agency Mortgage-Backed Securities FNMA 2042-05-01 4.0000% 1528631.80 601624.64 Agency Mortgage-Backed Securities FNMA 2043-09-01 4.0000% 1551168.21 724777.23 Agency Mortgage-Backed Securities FNMA 2048-02-01 4.0000% 753068.03 707120.56 Agency Mortgage-Backed Securities FNMA 2038-01-01 3.0000% 806173.75 709256.90 Agency Mortgage-Backed Securities FNMA 2033-10-01 3.7800% 286754.23 313476.64 Agency Mortgage-Backed Securities FNMA 2029-09-01 2.6800% 685350.72 706381.62 Agency Mortgage-Backed Securities FNMA 2047-12-01 4.5000% 881165.91 710550.39 Agency Mortgage-Backed Securities FNMA 2049-03-01 5.0000% 698314.95 704322.74 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 719023.43 745782.92 Agency Mortgage-Backed Securities FNMA 2049-09-01 3.0000% 766657.13 757599.12 Agency Mortgage-Backed Securities FNMA 2047-08-01 3.5000% 831372.36 723082.42 Agency Mortgage-Backed Securities FNMA 2037-09-01 4.0000% 922434.50 751022.97 Agency Mortgage-Backed Securities FNMA 2038-11-01 4.5000% 823569.50 751467.76 Agency Mortgage-Backed Securities Y 2019-11-01 2019-11-01 2019-11-01 N N N 0.0175 18377000.00 18377000.00 0.1409 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% 3631181.63 3700532.05 Agency Mortgage-Backed Securities FNMA 2048-09-01 4.0000% 2152704.43 2108540.14 Agency Mortgage-Backed Securities FNMA 2049-04-01 4.0000% 7108524.73 7145759.46 Agency Mortgage-Backed Securities FNMA 2049-07-01 3.5000% 2863852.45 2889851.55 Agency Mortgage-Backed Securities FNMA 2034-07-01 3.5000% 2677566.11 2749633.73 Agency Mortgage-Backed Securities FNMA 2042-05-01 3.5000% 50293.45 20040.58 Agency Mortgage-Backed Securities FNMA 2042-09-01 3.5000% 3832191.99 1786628.52 Agency Mortgage-Backed Securities Y 2019-11-01 2019-11-01 2019-11-01 N N N 0.0174 20000000.00 20000000.00 0.1533 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 1498387.50 1498387.50 0.0115 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% 33916.75 2471.02 Agency Mortgage-Backed Securities FMAC 2049-03-01 4.5000% 331739.29 264768.51 Agency Mortgage-Backed Securities FMAC 2024-10-01 4.5000% 36525.37 1872.19 Agency Mortgage-Backed Securities FMAC 2048-10-01 4.5000% 48570.09 43819.97 Agency Mortgage-Backed Securities FMAC 2047-05-01 5.0000% 77556.77 51944.16 Agency Mortgage-Backed Securities FMAC 2034-03-01 3.5000% 26199.87 22071.16 Agency Mortgage-Backed Securities FMAC 2049-10-01 2.5000% 211613.41 209482.23 Agency Mortgage-Backed Securities FMAC 2049-10-01 5.0000% 455755.02 488690.61 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.5000% 132571.05 136432.38 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 328306.90 335115.88 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 107252.48 109939.97 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 60106.40 61028.53 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 156713.12 160639.99 Agency Mortgage-Backed Securities FMAC 2049-10-01 4.0000% 320601.76 342854.80 Agency Mortgage-Backed Securities FMAC 2049-10-01 4.0000% 603199.96 631355.66 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 104123.09 106844.84 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 211087.74 216194.73 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.0000% 687359.18 701317.84 Agency Mortgage-Backed Securities FMAC 2049-10-01 3.5000% 167883.28 174361.80 Agency Mortgage-Backed Securities FMAC 2049-10-01 2.5000% 250948.31 248420.98 Agency Mortgage-Backed Securities FMAC 2049-04-01 4.5000% 108914.99 118352.85 Agency Mortgage-Backed Securities FNMA 2038-12-01 5.5000% 156188.36 21692.07 Agency Mortgage-Backed Securities FNMA 2027-05-01 3.5000% 11080.96 2224.37 Agency Mortgage-Backed Securities FNMA 2032-01-01 3.5000% 27650.75 19191.36 Agency Mortgage-Backed Securities FNMA 2027-02-01 3.1000% 420383.75 427301.71 Agency Mortgage-Backed Securities FNMA 2033-05-01 3.6800% 541663.37 606113.55 Agency Mortgage-Backed Securities FNMA 2028-01-01 2.5000% 5066.77 1898.86 Agency Mortgage-Backed Securities FNMA 2031-03-01 3.5000% 6391.07 3256.84 Agency Mortgage-Backed Securities FNMA 2056-04-01 4.0000% 130757.06 95626.19 Agency Mortgage-Backed Securities FNMA 2059-01-01 4.5000% 7286.78 7800.12 Agency Mortgage-Backed Securities FNMA 2049-03-01 4.0000% 277537.04 286842.63 Agency Mortgage-Backed Securities FNMA 2030-04-01 2.5000% 2057566.03 1390145.69 Agency Mortgage-Backed Securities FNMA 2028-01-01 3.3210% 2350229.01 2397555.46 Agency Mortgage-Backed Securities FNMA 2033-03-01 3.5000% 26428.00 22145.43 Agency Mortgage-Backed Securities FNMA 2049-09-01 3.0000% 337258.17 341820.47 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 237086.91 240724.45 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 51320.42 54302.93 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 477057.92 484376.78 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.5000% 213279.77 222811.13 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.5000% 229238.74 240183.85 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.0000% 266925.69 273696.44 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.0000% 86029.22 88185.00 Agency Mortgage-Backed Securities FNMA 2049-11-01 3.5000% 61480.68 64866.39 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 1270.46 1294.85 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 2544.26 2675.06 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 95826.36 98464.53 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 66592.73 68405.43 Agency Mortgage-Backed Securities FNMA 2049-11-01 4.0000% 76190.84 80275.30 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 290859.77 305189.97 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.0000% 471696.69 503542.93 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 72972.72 76545.86 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.5000% 234594.35 248441.28 Agency Mortgage-Backed Securities FNMA 2049-11-01 5.0000% 296767.21 319641.36 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.0000% 120858.53 126014.74 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.5000% 402592.93 426355.58 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.5000% 63124.07 65039.72 Agency Mortgage-Backed Securities FNMA 2049-10-01 4.0000% 135989.02 141791.02 Agency Mortgage-Backed Securities FNMA 2049-06-01 4.0000% 248701.18 256916.02 Agency Mortgage-Backed Securities FNMA 2049-07-01 2.5000% 297646.22 294159.21 Agency Mortgage-Backed Securities FNMA 2024-12-01 4.0000% 46157.42 4326.08 Agency Mortgage-Backed Securities FNMA 2024-08-01 4.5000% 30350.59 1534.83 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 676584.06 684216.20 Agency Mortgage-Backed Securities FNMA 2049-10-01 3.0000% 1282515.53 1291758.19 Agency Mortgage-Backed Securities GNMA 2030-09-20 8.0000% 2752.76 2914.08 Agency Mortgage-Backed Securities GNMA 2037-10-20 7.0000% 5265.15 5626.52 Agency Mortgage-Backed Securities GNMA 2037-08-20 7.5000% 2682.38 2842.34 Agency Mortgage-Backed Securities GNMA 2049-07-20 4.0000% 3227011.45 3358177.05 Agency Mortgage-Backed Securities GNMA 2049-10-20 4.0000% 167646.96 179306.84 Agency Mortgage-Backed Securities GNMA 2046-11-15 3.0000% 50294.28 39150.10 Agency Mortgage-Backed Securities GNMA 2046-10-15 3.0000% 31818.57 30725.13 Agency Mortgage-Backed Securities GNMA 2033-06-15 5.5000% 105699.35 3046.77 Agency Mortgage-Backed Securities GNMA 2033-07-15 5.5000% 15067.96 1278.26 Agency Mortgage-Backed Securities GNMA 2034-02-15 5.5000% 141083.72 3719.85 Agency Mortgage-Backed Securities GNMA 2039-10-15 5.5000% 14630.37 2774.49 Agency Mortgage-Backed Securities GNMA 2039-01-15 6.0000% 50593.85 39047.85 Agency Mortgage-Backed Securities GNMA 2029-09-15 6.5000% 17295.66 2403.00 Agency Mortgage-Backed Securities U.S. TREASURY 2024-01-31 2.2500% 11317.84 11657.77 U.S. Treasuries (including strips) Y 2019-11-01 2019-11-01 2019-11-01 N N N 0.0174 20000000.00 20000000.00 0.1533 N Y Y N N/A Putnam Investment Funds 2019-11-06 /s/ Janet C. Smith Janet C. Smith Principal Accounting Officer