Putnam Announces Distribution Rates for Open End Funds

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Tuesday, December 17th 2013
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BOSTON, MA -- (Marketwired) -- 12/17/13 -- The Trustees of The Putnam Funds have declared the following distributions.


                                                       RECORD/     PAYMENT
                                                       ----------- -----------
FUND NAME AND DISTRIBUTIONS                            EX DATE     DATE
------------------------------------------------------ ----------- -----------
Putnam Dynamic Asset Allocation Equity Fund *- Class A
 Shares
$0.1010 per share investment income                    12/18/2013  12/20/2013
$0.3420 per share short-term capital gain
$0.5710 per share long-term capital gain
$1.0140 per share total

Putnam Dynamic Asset Allocation Growth Fund- Class A
 Shares (PAEAX)
$0.2320 per share investment income                    12/18/2013  12/20/2013

Putnam Dynamic Risk Allocation Fund- Class A Shares
 (PDREX)
$0.0650 per share investment income                    12/18/2013  12/20/2013

    *Quotron symbol pending


Putnam Shareholders Contact:
1-800-225-1581

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