SOURCE: Putnam Investments

Putnam Investments

December 21, 2009 15:08 ET

Putnam Announces Distribution Rates for Open End Funds

BOSTON, MA--(Marketwire - December 21, 2009) - The Trustees of The Putnam Funds declared the following distributions.

                                               RECORD            PAYMENT
FUND NAME AND DISTRIBUTIONS                    DATE              DATE

Putnam High Yield Advantage Fund - Class B Shares (PHYBX)
$0.0320 per share investment income            12/21/2009        12/28/2009

Putnam High Yield Advantage Fund - Class C Shares (a)
$0.0320 per share investment income            12/21/2009        12/28/2009

Putnam High Yield Advantage Fund - Class M Shares (PHYMX)
$0.0340 per share investment income            12/21/2009        12/28/2009

Putnam High Yield Advantage Fund - Class R Shares (a)
$0.0340 per share investment income            12/21/2009        12/28/2009

Putnam High Yield Advantage Fund - Class Y Shares (PHAYX)
$0.0360 per share investment income            12/21/2009        12/28/2009

Putnam Income Fund - Class B Shares (PNCBX)
$0.0350 per share investment income            12/21/2009        12/28/2009

Putnam Income Fund - Class C Shares (PUICX)
$0.0350 per share investment income            12/21/2009        12/28/2009

Putnam Income Fund - Class M Shares (PNCMX)
$0.0380 per share investment income            12/21/2009        12/28/2009

Putnam Income Fund - Class R Shares (PIFRX)
$0.0380 per share investment income            12/21/2009        12/28/2009

Putnam Income Fund - Class Y Shares (PNCYX)
$0.0400 per share investment income            12/21/2009        12/28/2009

(a) Quotron symbol pending

SECTION 19 DISCLOSURE

High Yield Advantage

.001 per share of this fund's dividend represents a return of capital. This is only an estimate for the current fund fiscal year based on information we have at this time. In January 2010, we will provide final information about all 2009 distributions for your tax filing. See the additional disclosure below for more details.

Income Fund

.007 per share of this fund's dividend represents a return of capital. This is only an estimate for the current fund fiscal year based on information we have at this time. In January 2010, we will provide final information about all 2009 distributions for your tax filing. See the additional disclosure below for more details.

Additional disclosure

If a fund's dividend included an estimated distribution such as a return of capital or capital gain: For the purposes of this disclosure, a fund's dividend sources are determined in accordance with accounting principles, which may vary from federal tax treatment. The sources of dividends are estimated at the time of declaration. Actual results may vary. Any non-taxable return of capital cannot be determined until after the end of the fund's fiscal year. In January 2010, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.