BOSTON, MA — (Marketwire) — 12/29/11 — The Trustees of The Putnam Funds have declared the following distributions.
(a) Quotron symbol pending
As of December 13, 2011 the fund had net realized and unrealized losses of $1.123 per share, of which $.943 represent unrealized depreciation of portfolio securities
As of December 13, 2011 the fund had net realized and unrealized losses of $.917 per share, of which $.020 represent unrealized depreciation of portfolio securities
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 2012, you will receive information as to the federal tax status of this and other distributions from the fund in the preceding calendar year.
1-800-225-1581
Jennifer Santos
617-760-8582