# EDGAR Filing Document

**Accession Number:** 0000822671
**File Stem:** 0000928816-23-000373
**Filing Date:** 2023-3
**Character Count:** 2156
**Document Hash:** f587a0b5ead1b2d76e2a2cfd178e581b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000928816-23-000373.hdr.sgml**: 20230315

**ACCESSION NUMBER**: 0000928816-23-000373

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230315

**DATE AS OF CHANGE**: 20230315

**EFFECTIVENESS DATE**: 20230315

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0000822671
- **IRS NUMBER:** 046649095
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-17486
- **FILM NUMBER:** 23735772

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM CAPITAL MANAGER TRUST /MA/
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Putnam VT Diversified Income Fund (Series ID: S000003893)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000010881 | Class IA Shares |  |
| C000010882 | Class IB Shares |  |

---

| | |
|:---|:---|
| Summary Prospectus Supplement | *March 15, 2023* |
| **Putnam VT Diversified Income Fund** |  |
| Summary Prospectus dated April 30, 2022 |  |

---

Effective March 31, 2023, the section *Your fund's management* is replaced in its entirety with the following:

**Your fund's management**

**Investment advisor**

Putnam Investment Management, LLC

**Portfolio managers**

Michael Salm, Chief Investment Officer, Fixed Income, portfolio manager of the fund since 2011

Albert Chan, Head of Portfolio Construction, portfolio manager of the fund since 2020

Robert Davis, Portfolio Manager, portfolio manager of the fund since 2017

Brett Kozlowski, Co-Head of Structured Credit, portfolio manager of the fund since 2017

Robert Salvin, Head of Corporate and Tax-exempt Credit, portfolio manager of the fund since 2022

**Sub-advisor**

Putnam Investments Limited ![](vtditsumsuppx1x1.jpg) <br>

333353 3/23