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Putnam Announces Dividend Rates for Class A Open-End Funds

January 27, 2014

BOSTON, MA -- (Marketwired) -- 01/27/14 -- The Trustees of The Putnam Funds have declared the following distributions. RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE ------------------------------------------------------ --------- --------- Putnam Retirement Income Fund Lifestyle 1 - Class A Shares (PRMAX) ------------------------------------------------------ $0.0060 per share investment income 1/28/2014 1/30/2014 Putnam Shareholders Contact: 1-800-225-1581 Source: Putnam Investments

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Source: Marketwire

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