# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0001655589-26-000519
**Filing Date:** 2026-4
**Character Count:** 4024
**Document Hash:** da4ff1a3634575b87145646f50139cdd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001655589-26-000519.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0001655589-26-000519

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**EFFECTIVENESS DATE**: 20260417

**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:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-00515
- **FILM NUMBER:** 26869823

**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 Focused Equity Fund (Series ID: S000024246)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000071529 | Class A         |  |
| C000071531 | Class C         |  |
| C000071533 | Class R         |  |
| C000071534 | Class Y         |  |
| C000203064 | Class R6 Shares |  |

**39115-P3 04/26**

![](img_ea87c26f8c2b4f1.jpg)<br>

#### PUTNAM FUNDS TRUST

#### SUPPLEMENT DATED APRIL 17, 2026 TO THE

#### SUMMARY PROSPECTUS, PROSPECTUS

#### AND STATEMENT OF ADDITIONAL INFORMATION ("SAI")

#### EACH DATED JANUARY 1, 2026 OF

#### PUTNAM FOCUSED EQUITY FUND (THE "FUND")

#### All changes described below are effective April 30, 2026.
I. **The following is added to the sections titled "Your fund's management – Portfolio managers" and "Fund summary – Your fund's management – Portfolio managers" in the Fund's Summary Prospectus and Prospectus, respectively:** 

#### Kathryn Lakin
Portfolio Manager of Putnam Management and portfolio manager of the fund since April 2026.

#### Matthew LaPlant, CFA
Portfolio Manager of Putnam Management and portfolio manager of the fund since April 2026.

**II. The following is added to the section titled "Who oversees and manages the fund? – Portfolio managers" in the Fund's Prospectus:** 

**Kathryn Lakin, Portfolio Manager of Putnam Management**<br>Ms. Lakin has been a portfolio manager of the fund since April 2026. She joined Putnam Management in 2012.

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**Matthew LaPlant, CFA, Portfolio Manager of Putnam Management<br>Mr. LaPlant has been a portfolio manager of the fund since April 2026. He joined Putnam Management in 2000.**

<br> **III. The following is added to the table in the section titled "PORTFOLIO MANAGERS – Other Accounts Managed by the Portfolio Managers" in the Fund's SAI:**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Portfolio**<br>**Manager**<br>| **Type of**<br>**Account**<br>| **Number of**<br>**Accounts**<br>**Managed** <br>| **Total<br>Assets<br>Managed<br>(Millions)**<br> **($)** <br>| **Number of<br>Accounts<br>Managed<br>for which<br>Advisory<br>Fee is<br>Performance-<br>Based** <br>| **Assets<br>Managed<br>for which<br>Advisory<br>Fee is<br>Performance-<br>Based<br>(Millions)** <br>**($)** <br>|
| Kathryn Lakin\* | Registered Investment Companies | 4 | 3379.10 |  |  |
|  | Other Pooled Investment Vehicles | 5 | 1818.20 |  |  |
|  | Other Accounts | 4 | 206.20 |  |  |
| Matthew LaPlant\* | Registered Investment Companies | 2 | 775.60 |  |  |
|  | Other Pooled Investment Vehicles | 3 | 1498.40 |  |  |
|  | Other Accounts | 4 | 206.20 |  |  |

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\*Information provided as of February 28, 2026.

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**IV. The following is added to the table in the section titled "PORTFOLIO MANAGERS – Portfolio managers' securities ownership" in the Fund's SAI:**

---

| | |
|:---|:---|
| **Portfolio Managers**<br>| **Dollar Range of Ownership of Securities ($)**<br>|
| Kathryn Lakin\* | 50001 – 100000 |
| Matthew LaPlant\* | 10001 - 50000 |

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\*Information provided as of April 15, 2026.

#### Shareholders should retain this Supplement for future reference.

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