PTAZX Putnam Arizona Tax Exempt Income Fund

The Trustees of The Putnam Funds have declared the following distributions.

       

RECORD

     

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

 

Putnam American Government Income Fund - Class B Shares (PAMBX)

$0.0300 per share investment income 7/18/2011 7/20/2011  

Putnam American Government Income Fund - Class C Shares (a)

$0.0300 per share investment income 7/18/2011 7/20/2011  

Putnam American Government Income Fund - Class M Shares (PAMMX)

$0.0340 per share investment income 7/18/2011 7/20/2011  

Putnam American Government Income Fund - Class R Shares (PAMRX)

$0.0340 per share investment income 7/18/2011 7/20/2011  

Putnam American Government Income Fund - Class Y Shares(a)

$0.0380 per share investment income 7/18/2011 7/20/2011  

Putnam Asset Allocation: Conservative Portfolio - Class B Shares (PACBX)

$0.0070 per share investment income 7/18/2011 7/20/2011  

Putnam Asset Allocation: Conservative Portfolio - Class C Shares (PACCX)

$0.0070 per share investment income 7/18/2011 7/20/2011  

Putnam Asset Allocation: Conservative Portfolio - Class M Shares (PACMX)

$0.0090 per share investment income 7/18/2011 7/20/2011  

Putnam Asset Allocation: Conservative Portfolio - Class R Shares (PACRX)

$0.0110 per share investment income 7/18/2011 7/20/2011  

Putnam Asset Allocation: Conservative Portfolio - Class Y Shares (PACYX)

$0.0150 per share investment income 7/18/2011 7/20/2011   (a) Quotron symbol pending