SOURCE: Putnam Investments

Putnam Investments

December 15, 2010 14:32 ET

Putnam Announces Distribution Rates for Open End Funds

BOSTON, MA--(Marketwire - December 15, 2010) - The Trustees of The Putnam Funds have declared the following distributions.

    RECORD   PAYMENT
FUND NAME AND DISTRIBUTIONS   DATE   DATE
Putnam American Government Income Trust - Class A Shares (PAGVX)        
$ 0.4520 per share long-term capital gain (a)   12/16/10   12/20/10
         
Putnam Asset Allocation: Balanced Portfolio - Class A Shares (PABAX)        
$0.1930 per extra taxable income (a)   12/16/10   12/20/10
         
Putnam Asset Allocation: Conservative Portfolio - Class A Shares (PACAX)        
$0.1100 per extra taxable income (a)   12/16/10   12/20/10
Putnam Asset Allocation: Growth Portfolio - Class A Shares (PAEAX)        
$0.4500 per share investment income   12/16/10   12/20/10
         
Putnam Asset Allocation: Equity Portfolio- Class A Shares (b)        
$0.3250 per share investment income   12/16/10   12/20/10
$0.8500 per short-term capital gain        
$0.9580 per long-term capital gain        
$2.1330 per share total        
         

(a)    Please note that the regular monthly per share investment income distribution rates for the funds listed below were previously declared on the 12/10/10 press release:

  • Putnam American Government Income Trust – Class A Shares (PAGVX)- $0.0460
  • Putnam Asset Allocation: Balanced Portfolio– Class A Shares (PABAX)- $0.0730
  • Putnam Asset Allocation: Conservative Portfolio– Class A Shares (PACAX)- $0.0260

(b) Quotron symbol pending

Section 19 Disclosure

Asset Allocation Funds: Balanced Portfolio
$0.003 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 2011, we will provide final information about all 2010 distributions for your tax filing. See the additional disclosure below for more details

Asset Allocation Funds: Conservative Portfolio
$0.014 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 2011, we will provide final information about all 2010 distributions for your tax filing. See the additional disclosure below for more details

American Government Income Fund
$0.046 per share of this fund's dividend is paid from long-term capital gains. This is only an estimate for the current fund fiscal year based on information we have at this time. In January 2011, we will provide final information about all 2010 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 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 2011, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.

Contact Information

  • Shareholders
    1-800-225-1581

    Media Contact:
    Jennifer Santos
    617-760-8582