Putnam Announces Dividend Rates for Class A Open-End Fund

BOSTON, MA — (Marketwire) — 07/26/11 — The Trustees of The Putnam Funds have declared the following distribution today.

*Prior to June 16, 2011, the fund was known as Putnam RetirementReady Maturity Fund.

1-800-225-1581

Jennifer Santos
617-760-8582