CORRECTING and REPLACING Putnam Announces Dividend Rates for Open-End Funds

Third graph, first sentence of release should read: .003 per share of this fund’s dividend represents a return of capital (sted .001 per share of this fund’s dividend represents a return of capital).

The corrected release reads:

PUTNAM ANNOUNCES DIVIDEND RATES FOR OPEN-END FUNDS

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

RECORD

PAYMENT

FUND NAME AND DISTRIBUTIONS

DATE

DATE

Putnam High Yield Trust - Class B Shares (PHBBX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0400 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam High Yield Trust - Class C Shares (PCHYX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0400 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam High Yield Trust - Class M Shares (PHIMX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0430 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam High Yield Trust - Class R Shares (PHDRX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0440 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam High Yield Trust - Class Y Shares (PHYYX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0470 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam Income Strategies Fund - Class B Shares (PBIOX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0300 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam Income Strategies Fund - Class C Shares (PCIOX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0300 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam Income Strategies Fund - Class M Shares (a)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0320 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam Income Strategies Fund - Class R Shares (a)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0340 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
      
        
        
        
        
        
        
        
        
        
           
        
      
      
        
          

Putnam Income Strategies Fund - Class Y Shares (PIIYX)

        
        
        
        
        
        
        
        
        
      
      
        
          $0.0380 per share investment income
        
        
        
        
          9/23/2009
        
        
        
        
          9/25/2009
        
      
    
    

(a) Quotron symbol pending

Section 19 Disclosures

High Yield Trust

.001 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 2010, we will provide final information about all 2009 distributions for your tax filing. See below for more details.

Income Strategies

.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 2010, we will provide final information about all 2009 distributions for your tax filing. See below for more details.

****************************

If a fund’s dividend included an estimated distribution such as a 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 2010, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.