SOURCE: Putnam Investments

Putnam Investments

December 29, 2009 14:05 ET

Putnam Announces Dividend Rates for Multi-Class Open-End Funds

BOSTON, MA--(Marketwire - December 29, 2009) - The Trustees of The Putnam Funds declare the following distributions today.

                                               RECORD         PAYMENT
FUND NAME AND DISTRIBUTIONS                    DATE           DATE

Putnam Retirement Ready 2010 Fund - Class A Shares
$0.7650 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2015 Fund - Class A Shares
$0.7240 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2020 Fund - Class A Shares
$0.6600 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2025 Fund - Class A Shares
$0.5320 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2030 Fund - Class A Shares
$0.6040 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2035 Fund - Class A Shares
$0.9660 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2040 Fund - Class A Shares
$1.5320 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2045 Fund - Class A Shares
$1.7140 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready 2050 Fund - Class A Shares
$1.8700 per share investment income            12/30/2009     12/31/2009

Putnam Retirement Ready Maturity Fund - Class A Shares
$0.0130 per share investment income            12/30/2009     12/31/2009
$0.2390 per share extra taxable income
$0.2520 per share total