# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0000869392-25-001295
**Filing Date:** 2025-7
**Character Count:** 70094
**Document Hash:** ae3015558f7bfb2bd0c6ded055f2b25b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000869392-25-001295.hdr.sgml**: 20250714

**ACCESSION NUMBER**: 0000869392-25-001295

**CONFORMED SUBMISSION TYPE**: N-CEN/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250228

**FILED AS OF DATE**: 20250714

**DATE AS OF CHANGE**: 20250714

**EFFECTIVENESS DATE**: 20250714

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001005942

**ORGANIZATION NAME:**
- **EIN:** 043299786
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CEN/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07513
- **FILM NUMBER:** 251120295

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6177601000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

## Series and Classes Contracts Data

### Putnam Floating Rate Income Fund (Series ID: S000000773)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000002278 | Class B shares  |  |
| C000002279 | Class C shares  |  |
| C000002281 | Class R shares  |  |
| C000002282 | Class Y shares  |  |
| C000002283 | Class A shares  | PFLRX           |
| C000203062 | Class R6 Shares |  |

## Internal

```

Report of Independent Registered Public Accounting Firm

To the Board of Trustees of Putnam Funds Trust and Shareholders of
Putnam Floating Rate Income Fund:

In planning and performing our audit of the financial statements
of Putnam Floating Rate Income Fund (one of the funds constituting
Putnam Funds Trust, referred to hereafter as the Fund) as of and
for the year ended February 28, 2025, in accordance with the
standards of the Public Company Accounting Oversight Board (United
States) (PCAOB), we considered the Funds internal control over
financial reporting, including controls over safeguarding
securities, as a basis for designing our auditing procedures for
the purpose of expressing our opinion on the financial statements
and to comply with the requirements of Form NCEN, but not for the
purpose of expressing an opinion on the effectiveness of the Funds
internal control over financial reporting.  Accordingly, we do not
express an opinion on the effectiveness of the Funds internal
control over financial reporting.

The management of the Fund is responsible for establishing and
maintaining effective internal control over financial reporting.
In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of controls.  A companys internal control over
financial reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in
accordance with generally accepted accounting principles.  A
companys internal control over financial reporting includes those
policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect
the transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and that
receipts and expenditures of the company are being made only in
accordance with authorizations of management and directors of the
company; and (3) provide reasonable assurance regarding prevention
or timely detection of unauthorized acquisition, use or
disposition of a companys assets that could have a material effect
on the financial statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of performing their
assigned functions, to prevent or detect misstatements on a timely
basis.  A material weakness is a deficiency, or a combination of
deficiencies, in internal control over financial reporting, such
that there is a reasonable possibility that a material
misstatement of the companys annual or interim financial
statements will not be prevented or detected on a timely basis.

Our consideration of the Funds internal control over financial
reporting was for the limited purpose described in the first
paragraph and would not necessarily disclose all deficiencies in
internal control over financial reporting that might be material
weaknesses under standards established by the PCAOB.  However, we
noted no deficiencies in the Funds internal control over financial
reporting and its operation, including controls over safeguarding
securities, that we consider to be material weaknesses as defined
above as of February 28, 2025.

?

This report is intended solely for the information and use of the
Board of Trustees of Putnam Fund Trust and the Securities and
Exchange Commission and is not intended to be and should not be
used by anyone other than these specified parties.

PricewaterhouseCoopers LLP
Boston, Massachusetts
April 14, 2025

1 of 1
1 of 1

PricewaterhouseCoopers LLP, 101 Seaport Boulevard, Suite 500, Boston, MA 02210
T: (617)530 5000, F: (617) 530 5001, www.pwc.com/us

```

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN/A
**CIK:** 0001005942

## N-CEN: Series/Class (Contract) Information

**Series ID Record:1**
- **Series ID:** S000000773

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2025-02-28

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** Putnam Funds Trust

- **Item B.1.b - Investment Company Act file number:** 811-07513

- **Item B.1.c - CIK:** 0001005942

- **Item B.1.d - LEI:** 549300S9JYWEMKQCLW53

- **Item B.2.a - Street 1:** 100 FEDERAL STREET

- **Item B.2.b - City:** BOSTON

- **Item B.2.c - State:** MA

- **Item B.2.e - Zip Code:** 02110

- **Item B.2.f - Telephone:** 1-800-225-1581

- **Item B.2.g - Public Website:** WWW.FRANKLINTEMPLETON.COM

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** Franklin Templeton Services, LLC

- **b. Street 1:** ONE FRANKLIN PARKWAY

- **c. City:** SAN MATEO

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 94403

- **g. Telephone number:** 1-800-632-2350

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** Franklin Distributors, LLC

- **b. Street 1:** ONE FRANKLIN PARKWAY

- **c. City:** SAN MATEO

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 94403

- **g. Telephone number:** 1-800-632-2350

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** Franklin Advisors, Inc.

- **b. Street 1:** ONE FRANKLIN PARKWAY

- **c. City:** SAN MATEO

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 94403

- **g. Telephone number:** 1-800-632-2350

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 4**

- **a. Name of person (e.g., a custodian of records):** State Street Bank and Trust Company

- **b. Street 1:** 225 FRANKLIN STREET

- **c. City:** BOSTON

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02110

- **g. Telephone number:** 1-617-786-3000

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 5**

- **a. Name of person (e.g., a custodian of records):** Putnam Investor Services, Inc.

- **b. Street 1:** 100 FEDERAL STREET

- **c. City:** BOSTON

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02110

- **g. Telephone number:** 1-800-225-1581

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 6**

- **a. Name of person (e.g., a custodian of records):** Putnam Investment Management, LLC

- **b. Street 1:** 100 FEDERAL STREET

- **c. City:** BOSTON

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02110

- **g. Telephone number:** 1-800-225-1581

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 7**

- **a. Name of person (e.g., a custodian of records):** Higgins Michael J.

- **b. Street 1:** 100 FEDERAL STREET

- **c. City:** BOSTON

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02110

- **g. Telephone number:** 1-800-225-1581

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 8**

- **a. Name of person (e.g., a custodian of records):** State Street Bank and Trust Company

- **b. Street 1:** 2 AVENUE DE LAFAYETTE

- **c. City:** BOSTON

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02111

- **g. Telephone number:** 1-617-786-3000

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

**Location books Record: 9**

- **a. Name of person (e.g., a custodian of records):** Franklin Templeton Investment Management Limited

- **b. Street 1:** One Franklin Parkway

- **c. City:** San Mateo

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 94403

- **g. Telephone number:** 1-800-632-2350

- **h. Briefly describe the books and records kept at this location:** Records include accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940, as amended, and the Rules promulgated thereunder

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** Putnam Family of Funds

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 17

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                     | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                                                                                               |
|:---|:---|:---|
| Williams Murphy Jennifer | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Pillai Marie             | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Trust Jane E             | Yes                     | 811-22491, 811-23408, 811-22546, 811-22405, 811-22693, 811-22338, 811-04254, 811-06740, 811-06444, 811-04052, 811-21128, 811-06310, 811-21467, 811-10407, 811-23598, 811-21343, 811-06110, 811-22334, 811-21337, 811-08709, 811-07920, 811-22444, 811-21403, 811-21477, 811-06506, 811-22294, 811-02351, 811-06629, 811-22369, 811-05497, 811-10603 |
| McGreevy Gregory G       | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Ahamed Liaquat           | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Baumann Barbara M        | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Domotorffy Katinka       | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Hill Catharine Bond      | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Putnam, III George       | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Reynolds Robert L        | Yes                     | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Singh Manoj P            | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |
| Sutphen Mona K           | No                      | N/A                                                                                                                                                                                                                                                                                                                                                 |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Clark James F

- **b. CRD Number, if any:** N/A

- **c. Street Address 1:** 100 FEDERAL STREET

- **d. City:** BOSTON

- **e. State, if applicable:** MA

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 02110

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** No

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a.i - Release numbers:**
  - IC-20851
  - IC-25271

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** Putnam Retail Management Limited Partnership

- **ii. SEC file number:** 8-5088

- **iii. CRD number:** 000007325

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** MA

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

**Principal underwriter Record: 2**

- **i. Full name:** Franklin Distributors, LLC

- **ii. SEC file number:** 8-53089

- **iii. CRD number:** 000109064

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** Yes

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** PricewaterhouseCoopers LLP

- **b. PCAOB Number:** 238

- **c. LEI, if any:** 5493002GVO7EO8RNNS37

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - Putnam Floating Rate Income Fund

**Item C.1. Background information.**

- **a. Full Name of the Fund:** Putnam Floating Rate Income Fund

- **b. Series identification number, if any:** S000000773

- **c. LEI:** 4QPXMF8KPJY34ZN06K78

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 5

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 1

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class           | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | FLOATING RATE INCOME FUND CL A  | C000002283                                | PFLRX                        |
|                           2 | FLOATING RATE INCOME FUND CL C  | C000002279                                | PFICX                        |
|                           3 | FLOATING RATE INCOME FUND CL R  | C000002281                                | PFLLX                        |
|                           4 | FLOATING RATE INCOME FUND CL R6 | C000203062                                | PFRZX                        |
|                           5 | FLOATING RATE CL Y              | C000002282                                | PFRYX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $0.00

- **g. Provide the net income from securities lending activities:** $0.00

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 17a-6 (17 CFR 270.17a-6)

- Rule 17a-7 (17 CFR 270.17a-7)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 18f-4(e) (17 CFR 270.18f-4(e))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** Franklin Advisors, Inc.

- **ii. SEC file number:** 801-26292

- **iii. CRD number:** 000104517

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** Franklin Templeton Investment Management Limited

- **ii. SEC file number:** 801-55170

- **iii. CRD number:** 000111360

- **iv. LEI, if any:** N/A

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vi. Foreign country, if applicable:** GB

**Sub-adviser Record: 2**

- **i. Full name:** Putnam Investment Management, LLC

- **ii. SEC file number:** 801-7974

- **iii. CRD number:** 000106629

- **iv. LEI, if any:** N/A

- **v. Is the sub-adviser an affiliated person?:** Yes

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** Putnam Investor Services, Inc.

- **ii. SEC file number:** 84-06331

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** MA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** MARKIT

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** PDVENDOR

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Reuters (loan)

- **ii. LEI, if any, or provide and describe other identifying number:** 549300561UZND4C7B569

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** ICE Data Services (Corp)

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Reuters (Corp)

- **ii. LEI, if any, or provide and describe other identifying number:** 549300561UZND4C7B569

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** Putnam Investor Services, Inc.

- **ii. LEI, if any:** N/A

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** Franklin Templeton Services, LLC

- **ii. LEI, if any, or other identifying number:** N/A

- **iii. State, if applicable:** CA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** Yes

- **b. Has a third-party administrator been hired or terminated during the reporting period?** Yes

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                                   | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| JPMS - J.P. MORGAN SECURITIES, LLC.                    | 8-35008           |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $37,510,608.60            |
| GSCO - GOLDMAN SACHS & CO LLC                          | 8-129             |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $30,294,946.13            |
| CITG - CITIGROUP GLOBAL MARKETS, INC./SALOMON BROTHERS | 8-8177            |    000007059 | MBNUM2BPBDO7JBLYG310 | NY      | US        | $25,027,664.19            |
| MLCO - BofA Securities, Inc.                           | 8-7221            |    000007691 | 549300HN4UKV1E2R3U73 | NY      | US        | $21,048,920.86            |
| BCAP - BARCLAYS CAPITAL, INC.                          | 8-41342           |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $16,604,619.97            |
| RBCD - RBC CAPITAL MARKETS LLC                         | 8-45411           |    000031194 | 549300LCO2FLSSVFFR64 | NY      | US        | $16,540,596.88            |
| MSCO - MORGAN STANLEY & CO. LLC                        | 8-15869           |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $15,379,022.71            |
| JEFF - JEFFERIES LLC                                   | 8-15074           |    000002347 | 58PU97L1C0WSRCWADL48 | NJ      | US        | $12,270,466.06            |
| WCHV - WELLS FARGO SECURITIES, LLC                     | 8-65876           |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $11,454,305.59            |
| DBAB - DEUTSCHE BANK SECURITIES INC.                   | 8-17822           |    000002525 | 9J6MBOOO7BECTDTUZW19 | NY      | US        | $8,353,524.15             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $221,100,621.85

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $377,304,352.00

- **Item C.19.b - Money market fund's daily average net assets:** $0.00

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $2,995,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 2 Name of institution:** BANCO BILBAO VIZCAYA ARGENTARIA, S.A. NEW YORK BRANCH

  - **Line Institutions Record: 3 Name of institution:** DEUTSCHE BANK SECURITIES INC.

  - **Line Institutions Record: 4 Name of institution:** MORGAN STANLEY SENIOR FUNDING, INC.

  - **Line Institutions Record: 5 Name of institution:** STATE STREET BANK AND TRUST COMPANY

  - **Line Institutions Record: 6 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 7 Name of institution:** THE BANK OF NEW YORK MELLON

  - **Line Institutions Record: 8 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 9 Name of institution:** HSBC BANK USA, N.A.

  - **Line Institutions Record: 10 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 11 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 12 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 13 Name of institution:** THE BANK OF NEW YORK MELLON

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                                                  | SEC File number   |
|:---|:---|
| Putnam Floating Rate Income Fund                                                              | 811-07513         |
| Putnam Small Cap Value Fund                                                                   | 811-07237         |
| Putnam Core Equity Fund                                                                       | 811-07513         |
| Putnam Sustainable Future Fund                                                                | 811-07237         |
| Putnam BDC Income ETF                                                                         | 811-23643         |
| Putnam BioRevolution ETF                                                                      | 811-23643         |
| Putnam Emerging Markets Ex-China ETF                                                          | 811-23643         |
| Putnam PanAgora ESG Emerging Markets Equity ETF                                               | 811-23643         |
| Putnam PanAgora ESG International Equity ETF                                                  | 811-23643         |
| Putnam ESG High Yield ETF                                                                     | 811-23643         |
| Putnam ESG Core Bond ETF                                                                      | 811-23643         |
| Putnam ESG Ultra Short ETF                                                                    | 811-23643         |
| Putnam Dynamic Asset Allocation Equity Fund                                                   | 811-07513         |
| Putnam Mortgage Opportunities Fund                                                            | 811-07513         |
| Putnam Massachusetts Tax Exempt Income Fund                                                   | 811-04518         |
| Putnam Minnesota Tax Exempt Income Fund                                                       | 811-04527         |
| Putnam New Jersey Tax Exempt Income Fund                                                      | 811-05977         |
| Putnam Ohio Tax Exempt Income Fund                                                            | 811-04528         |
| Putnam Pennsylvania Tax Exempt Income Fund                                                    | 811-05802         |
| Putnam International Value Fund                                                               | 811-07513         |
| Putnam Small Cap Growth Fund                                                                  | 811-07513         |
| Putnam International Equity Fund                                                              | 811-06190         |
| Putnam Sustainable Leaders Fund                                                               | 811-06128         |
| Putnam Ultra Short Duration Income Fund                                                       | 811-07513         |
| Putnam Strategic Intermediate Municipal Fund                                                  | 811-04345         |
| Putnam Tax-Free High Yield Fund                                                               | 811-04345         |
| Putnam Large Cap Growth Fund                                                                  | 811-07237         |
| Putnam Research Fund                                                                          | 811-07237         |
| George Putnam Balanced Fund                                                                   | 811-00058         |
| Putnam Ultra Short MAC Series                                                                 | 811-07513         |
| Putnam International Capital Opportunities Fund                                               | 811-07237         |
| Putnam Focused Equity Fund                                                                    | 811-07513         |
| Putnam Global Technology Fund                                                                 | 811-07513         |
| Putnam Emerging Markets Equity Fund                                                           | 811-07513         |
| Putnam Global Health Care Fund                                                                | 811-03386         |
| Putnam Multi-Asset Income Fund                                                                | 811-07121         |
| Putnam Focused Large Cap Growth ETF                                                           | 811-23643         |
| Putnam Focused Large Cap Value ETF                                                            | 811-23643         |
| Putnam Sustainable Leaders ETF                                                                | 811-23643         |
| Putnam Sustainable Future ETF                                                                 | 811-23643         |
| Putnam Government Money Market Fund                                                           | 811-07237         |
| Putnam Dynamic Asset Allocation Balanced Fund                                                 | 811-07121         |
| Putnam Dynamic Asset Allocation Conservative Fund                                             | 811-07121         |
| Putnam Dynamic Asset Allocation Growth Fund                                                   | 811-07121         |
| Putnam California Tax Exempt Income Fund                                                      | 811-03630         |
| Putnam Diversified Income Trust                                                               | 811-05635         |
| Putnam Money Market Fund                                                                      | 811-02608         |
| Putnam Tax Exempt Income Fund                                                                 | 811-02675         |
| Putnam Mortgage Securities Fund                                                               | 811-03897         |
| Putnam Short Duration Bond Fund                                                               | 811-07513         |
| Putnam Core Bond Fund                                                                         | 811-07513         |
| Putnam Convertible Securities Fund                                                            | 811-02280         |
| Putnam Focused International Equity Fund                                                      | 811-01403         |
| Putnam Global Income Trust                                                                    | 811-04524         |
| Putnam Income Fund                                                                            | 811-00653         |
| Putnam Large Cap Value Fund                                                                   | 811-02742         |
| Putnam Intermediate-Term Municipal Income Fund                                                | 811-07513         |
| Putnam Short-Term Municipal Income Fund                                                       | 811-07513         |
| Putnam High Yield Fund                                                                        | 811-04616         |
| Putnam New York Tax Exempt Income Fund                                                        | 811-03741         |
| Putnam VT Mortgage Securities Fund                                                            | 811-05346         |
| Putnam VT Small Cap Growth Fund                                                               | 811-05346         |
| Putnam VT Diversified Income Fund                                                             | 811-05346         |
| Putnam VT Emerging Markets Equity Fund                                                        | 811-05346         |
| Putnam VT Large Cap Value Fund                                                                | 811-05346         |
| Putnam VT George Putnam Balanced Fund                                                         | 811-05346         |
| Putnam VT Global Asset Allocation Fund                                                        | 811-05346         |
| Putnam VT Focused International Equity Fund                                                   | 811-05346         |
| Putnam VT Global Health Care Fund                                                             | 811-05346         |
| Putnam VT Large Cap Growth Fund                                                               | 811-05346         |
| Putnam VT High Yield Fund                                                                     | 811-05346         |
| Putnam VT Income Fund                                                                         | 811-05346         |
| Putnam VT International Equity Fund                                                           | 811-05346         |
| Putnam VT International Value Fund                                                            | 811-05346         |
| Putnam VT Core Equity Fund                                                                    | 811-05346         |
| Putnam VT Government Money Market Fund                                                        | 811-05346         |
| Putnam VT Sustainable Leaders Fund                                                            | 811-05346         |
| Putnam VT Sustainable Future Fund                                                             | 811-05346         |
| Putnam VT Research Fund                                                                       | 811-05346         |
| Putnam VT Small Cap Value Fund                                                                | 811-05346         |
| K2 Alternative Strategies Fund                                                                | 811-22641         |
| Franklin California Tax-Free Income Fund                                                      | 811-02790         |
| Franklin California Intermediate-Term Tax-Free Income Fund                                    | 811-04356         |
| Franklin DynaTech Fund                                                                        | 811-00537         |
| Franklin Growth Fund                                                                          | 811-00537         |
| Franklin Income Fund                                                                          | 811-00537         |
| Franklin U.S. Government Securities Fund                                                      | 811-00537         |
| Franklin Utilities Fund                                                                       | 811-00537         |
| Franklin Federal Tax-Free Income Fund                                                         | 811-03395         |
| Franklin Floating Rate Master Series                                                          | 811-09869         |
| Franklin LifeSmart Retirement Income Fund                                                     | 811-07851         |
| Franklin LifeSmart 2025 Retirement Target Fund                                                | 811-07851         |
| Franklin LifeSmart 2035 Retirement Target Fund                                                | 811-07851         |
| Franklin LifeSmart 2045 Retirement Target Fund                                                | 811-07851         |
| Franklin Conservative Allocation Fund                                                         | 811-07851         |
| Franklin Corefolio Allocation Fund                                                            | 811-07851         |
| Franklin Global Allocation Fund                                                               | 811-07851         |
| Franklin Growth Allocation Fund                                                               | 811-07851         |
| Franklin Moderate Allocation Fund                                                             | 811-07851         |
| Franklin LifeSmart 2030 Retirement Target Fund                                                | 811-07851         |
| Franklin LifeSmart 2050 Retirement Target Fund                                                | 811-07851         |
| Franklin LifeSmart 2040 Retirement Target Fund                                                | 811-07851         |
| Franklin LifeSmart 2020 Retirement Target Fund                                                | 811-07851         |
| Franklin LifeSmart 2055 Retirement Target Fund                                                | 811-07851         |
| Franklin LifeSmart 2060 Retirement Target Fund                                                | 811-07851         |
| Franklin International Growth Fund                                                            | 811-10157         |
| Franklin Emerging Market Debt Opportunities Fund                                              | 811-10157         |
| Franklin Gold and Precious Metals Fund                                                        | 811-01700         |
| Franklin High Income Fund                                                                     | 811-01608         |
| Franklin Long Duration Credit Fund                                                            | 811-04986         |
| Franklin Low Duration U.S. Government Securities Fund                                         | 811-04986         |
| Franklin Managed Income Fund                                                                  | 811-04986         |
| Franklin Convertible Securities Fund                                                          | 811-04986         |
| Franklin Equity Income Fund                                                                   | 811-04986         |
| Franklin Floating Rate Daily Access Fund                                                      | 811-04986         |
| Franklin Low Duration Total Return Fund                                                       | 811-04986         |
| Franklin Total Return Fund                                                                    | 811-04986         |
| Franklin Rising Dividends Fund                                                                | 811-04894         |
| Franklin California High Yield Municipal Fund                                                 | 811-06481         |
| Franklin Mutual Beacon Fund                                                                   | 811-05387         |
| Franklin Mutual International Value Fund                                                      | 811-05387         |
| Franklin Mutual Financial Services Fund                                                       | 811-05387         |
| Franklin Mutual Global Discovery Fund                                                         | 811-05387         |
| Franklin Mutual Quest Fund                                                                    | 811-05387         |
| Franklin Mutual Shares Fund                                                                   | 811-05387         |
| Franklin New York Intermediate-Term Tax-Free Income Fund                                      | 811-04787         |
| Franklin New York Tax-Free Income Fund                                                        | 811-03479         |
| Franklin Real Estate Securities Fund                                                          | 811-08034         |
| Franklin Strategic Mortgage Portfolio                                                         | 811-07288         |
| Franklin Biotechnology Discovery Fund                                                         | 811-06243         |
| Franklin Growth Opportunities Fund                                                            | 811-06243         |
| Franklin Natural Resources Fund                                                               | 811-06243         |
| Franklin Small Cap Growth Fund                                                                | 811-06243         |
| Franklin Small-Mid Cap Growth Fund                                                            | 811-06243         |
| Franklin Strategic Income Fund                                                                | 811-06243         |
| Franklin Templeton SMACS:  Series CH                                                          | 811-06243         |
| Franklin Templeton SMACS:  Series E                                                           | 811-06243         |
| Franklin Templeton SMACS:  Series H                                                           | 811-06243         |
| Franklin Templeton SMACS:  Series I                                                           | 811-06243         |
| Franklin Alabama Tax-Free Income Fund                                                         | 811-04149         |
| Franklin Arizona Tax-Free Income Fund                                                         | 811-04149         |
| Franklin Colorado Tax-Free Income Fund                                                        | 811-04149         |
| Franklin Connecticut Tax-Free Income Fund                                                     | 811-04149         |
| Franklin Federal Intermediate-Term Tax-Free Income Fund                                       | 811-04149         |
| Franklin Federal Limited-Term Tax-Free Income Fund                                            | 811-04149         |
| Franklin Georgia Tax-Free Income Fund                                                         | 811-04149         |
| Franklin High Yield Tax-Free Income Fund                                                      | 811-04149         |
| Franklin Louisiana Tax-Free Income Fund                                                       | 811-04149         |
| Franklin Maryland Tax-Free Income Fund                                                        | 811-04149         |
| Franklin Massachusetts Tax-Free Income Fund                                                   | 811-04149         |
| Franklin Michigan Tax-Free Income Fund                                                        | 811-04149         |
| Franklin Minnesota Tax-Free Income Fund                                                       | 811-04149         |
| Franklin Missouri Tax-Free Income Fund                                                        | 811-04149         |
| Franklin New Jersey Tax-Free Income Fund                                                      | 811-04149         |
| Franklin North Carolina Tax-Free Income Fund                                                  | 811-04149         |
| Franklin Ohio Tax-Free Income Fund                                                            | 811-04149         |
| Franklin Oregon Tax-Free Income Fund                                                          | 811-04149         |
| Franklin Pennsylvania Tax-Free Income Fund                                                    | 811-04149         |
| Franklin Virginia Tax-Free Income Fund                                                        | 811-04149         |
| Franklin Senior Loan ETF                                                                      | 811-23124         |
| Franklin High Yield Corporate ETF                                                             | 811-23124         |
| Franklin Mutual U.S. Mid Cap Value Fund                                                       | 811-05878         |
| Franklin MicroCap Value Fund                                                                  | 811-05878         |
| Franklin Small Cap Value Fund                                                                 | 811-05878         |
| Franklin DynaTech VIP Fund                                                                    | 811-05583         |
| Franklin Global Real Estate VIP Fund                                                          | 811-05583         |
| Franklin Growth and Income VIP Fund                                                           | 811-05583         |
| Franklin Income VIP Fund                                                                      | 811-05583         |
| Franklin Large Cap Growth VIP Fund                                                            | 811-05583         |
| Franklin Rising Dividends VIP Fund                                                            | 811-05583         |
| Franklin Small Cap Value VIP Fund                                                             | 811-05583         |
| Franklin Small-Mid Cap Growth VIP Fund                                                        | 811-05583         |
| Franklin Strategic Income VIP Fund                                                            | 811-05583         |
| Franklin Allocation VIP Fund (f/k/a Franklin Founding Funds Allocation VIP Fund)              | 811-05583         |
| Franklin U.S. Government Securities VIP Fund                                                  | 811-05583         |
| Franklin Mutual Global Discovery VIP Fund                                                     | 811-05583         |
| Franklin Mutual Shares VIP Fund                                                               | 811-05583         |
| Templeton Developing Markets VIP Fund                                                         | 811-05583         |
| Templeton Foreign VIP Fund                                                                    | 811-05583         |
| Templeton Global Bond VIP Fund                                                                | 811-05583         |
| Templeton Growth VIP Fund                                                                     | 811-05583         |
| Franklin VolSmart Allocation VIP Fund                                                         | 811-05583         |
| Templeton Developing Markets Trust                                                            | 811-06378         |
| Templeton Foreign Fund                                                                        | 811-02781         |
| Templeton World Fund                                                                          | 811-02781         |
| Templeton International Climate Change Fund                                                   | 811-02781         |
| Templeton Emerging Markets Small Cap Fund                                                     | 811-08226         |
| Templeton Global Balanced Fund                                                                | 811-08226         |
| Franklin Templeton SMACS:  Series EM                                                          | 811-08226         |
| Templeton Global Smaller Companies Fund                                                       | 811-03143         |
| Templeton Growth Fund, Inc.                                                                   | 811-04892         |
| Templeton Global Bond Fund                                                                    | 811-04706         |
| Templeton Global Total Return Fund                                                            | 811-04706         |
| Templeton International Bond Fund                                                             | 811-04706         |
| Templeton Sustainable Emerging Markets Bond Fund                                              | 811-04706         |
| International Equity Series                                                                   | 811-06135         |
| Foreign Smaller Companies Series                                                              | 811-06135         |
| Western Asset Short Duration Income ETF                                                       | 811-23096         |
| Western Asset Total Return ETF                                                                | 811-23096         |
| BrandywineGLOBAL - Global Unconstrained Bond Fund                                             | 811-22338         |
| BrandywineGLOBAL - Alternative Credit Fund                                                    | 811-22338         |
| BrandywineGLOBAL - Flexible Bond Fund                                                         | 811-22338         |
| BrandywineGLOBAL - Global Opportuniites Bond Fund                                             | 811-22338         |
| BrandywineGLOBAL - Global Opportuniites Bond Fund (USD Hedged)                                | 811-22338         |
| BrandywineGLOBAL - Diversified US Large Cap Value Fund                                        | 811-22338         |
| BrandywineGLOBAL - Small Cap Value Fund                                                       | 811-22338         |
| ClearBridge Global Infrastructure Income Fund                                                 | 811-22338         |
| ClearBridge International Growth Fund                                                         | 811-22338         |
| ClearBridge Small Cap Fund                                                                    | 811-22338         |
| ClearBridge Value Trust                                                                       | 811-22338         |
| Franklin International Equity Fund (fka QS International Equity Fund)                         | 811-22338         |
| Franklin Strategic Real Return Fund (fka QS Strategic Real Return Fund)                       | 811-22338         |
| Franklin U.S. Small Capitalization Equity Fund (fka QS U.S. Small Capitalization Equity Fund) | 811-22338         |
| Martin Currie Emerging Markets Fund                                                           | 811-22338         |
| Martin Currie SMASh Series EM Fund                                                            | 811-22338         |
| Western Asset Ultra-Short Income Fund                                                         | 811-04254         |
| Western Asset California Municipals Fund                                                      | 811-04254         |
| Western Asset Corporate Bond Fund                                                             | 811-04254         |
| Western Asset Income Fund                                                                     | 811-04254         |
| Western Asset Intermediate Maturity California Municipals Fund                                | 811-04254         |
| Western Asset Intermediate Maturity New York Municipals Fund                                  | 811-04254         |
| Western Asset Intermediate-Term Municipals Fund                                               | 811-04254         |
| Western Asset Managed Municipals Fund                                                         | 811-04254         |
| Western Asset Massachusetts Municipals Fund                                                   | 811-04254         |
| Western Asset Municipal High Income Fund                                                      | 811-04254         |
| Western Asset Mortgage Total Return Fund                                                      | 811-04254         |
| Western Asset New Jersey Municipals Fund                                                      | 811-04254         |
| Western Asset New York Municipals Fund                                                        | 811-04254         |
| Western Asset Oregon Municipals Fund                                                          | 811-04254         |
| Western Asset Pennsylvania Municipals Fund                                                    | 811-04254         |
| Western Asset Short Duration High Income Fund                                                 | 811-04254         |
| Western Asset Short Duration Municipal Income Fund                                            | 811-04254         |
| Western Asset Short-Term Bond Fund                                                            | 811-04254         |
| Western Asset SMASh Series C Fund                                                             | 811-06740         |
| Western Asset SMASh Series Core Plus Completion                                               | 811-06740         |
| Western Asset SMASh Series Core Completion Fund                                               | 811-06740         |
| Western Asset SMASh Series M Fund                                                             | 811-06740         |
| Western Asset SMASh Series TF Fund                                                            | 811-06740         |
| BrandywineGLOBAL - Corporate Credit Fund                                                      | 811-06444         |
| BrandywineGLOBAL - High Yield Fund                                                            | 811-06444         |
| ClearBridge Aggressive Growth Fund                                                            | 811-06444         |
| ClearBridge All Cap Value Fund                                                                | 811-06444         |
| ClearBridge Appreciation Fund                                                                 | 811-06444         |
| ClearBridge Dividend Strategy Fund                                                            | 811-06444         |
| ClearBridge International Value Fund                                                          | 811-06444         |
| ClearBridge Large Cap Growth Fund                                                             | 811-06444         |
| ClearBridge Large Cap Value Fund                                                              | 811-06444         |
| ClearBridge Mid Cap Fund                                                                      | 811-06444         |
| ClearBridge Mid Cap Growth Fund                                                               | 811-06444         |
| ClearBridge Select Fund                                                                       | 811-06444         |
| ClearBridge Small Cap Growth Fund                                                             | 811-06444         |
| ClearBridge Small Cap Value Fund                                                              | 811-06444         |
| ClearBridge Sustainability Leaders Fund                                                       | 811-06444         |
| ClearBridge Tactical Dividend Income Fund                                                     | 811-06444         |
| Franklin Global Dividend Fund                                                                 | 811-06444         |
| Franklin Global Equity Fund                                                                   | 811-06444         |
| Franklin S&P 500 Index Fund                                                                   | 811-06444         |
| Franklin U.S. Large Cap Equity Fund                                                           | 811-06444         |
| Franklin Multi-Asset Conservative Growth Fund                                                 | 811-06444         |
| Franklin Multi-Asset Defensive Growth Fund                                                    | 811-06444         |
| Franklin Multi-Asset Growth Fund                                                              | 811-06444         |
| Franklin Multi-Asset Moderate Growth Fund                                                     | 811-06444         |
| ClearBridge Variable Aggressive Growth Portfolio                                              | 811-21128         |
| ClearBridge Variable Appreciation Portfolio                                                   | 811-21128         |
| ClearBridge Variable Dividend Strategy Portfolio                                              | 811-21128         |
| ClearBridge Variable Large Cap Growth Portfolio                                               | 811-21128         |
| ClearBridge Variable Large Cap Value Portfolio                                                | 811-21128         |
| ClearBridge Variable Mid Cap Portfolio                                                        | 811-21128         |
| ClearBridge Variable Small Cap Growth Portfolio                                               | 811-21128         |
| Franklin Multi-Asset Variable Conservative Growth Fund                                        | 811-21128         |
| Franklin Multi-Asset Variable Growth Fund                                                     | 811-21128         |
| Franklin Multi-Asset Variable Moderate Growth Fund                                            | 811-21128         |
| Franklin Templeton Aggressive Model Portfolio                                                 | 811-21128         |
| Franklin Templeton Conservative Model Portfolio                                               | 811-21128         |
| Franklin Templeton Moderate Model Portfolio                                                   | 811-21128         |
| Franklin Templeton Moderately Aggressive Model Portfolio                                      | 811-21128         |
| Franklin Templeton Moderately Conservative Model Portfolio                                    | 811-21128         |
| Western Asset Core Plus VIT Portfolio                                                         | 811-06310         |
| Western Asset Variable Global High Yield Bond Portfolio                                       | 811-06310         |
| Western Asset Long Credit VIT                                                                 | 811-06310         |
| Western Asset Core Bond Fund                                                                  | 811-06110         |
| Western Asset Core Plus Bond Fund                                                             | 811-06110         |
| Western Asset High Yield Fund                                                                 | 811-06110         |
| Western Asset Inflation Indexed Plus Bond Fund                                                | 811-06110         |
| Western Asset Intermediate Bond Fund                                                          | 811-06110         |
| Western Asset Macro Opportunities Fund                                                        | 811-06110         |
| Western Asset Total Return Unconstrained Fund                                                 | 811-06110         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** Putnam Funds Trust

**Date:** 2025-05-08

**Signature:** Kevin R Blatchford

**Title:** Assistant Treasuer