# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0001193125-25-240172
**Filing Date:** 2025-10
**Character Count:** 3107
**Document Hash:** 385be3753086dde8f263e7ca84998af9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-240172.hdr.sgml**: 20251015

**ACCESSION NUMBER**: 0001193125-25-240172

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251015

**DATE AS OF CHANGE**: 20251015

**EFFECTIVENESS DATE**: 20251015

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-00515
- **FILM NUMBER:** 251394681

**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 MORTGAGE OPPORTUNITIES FUND (Series ID: S000048370)

---

|  |  |
|:---|:---|
| Class Name      | Class ID   |
| CLASS I         | C000152757 |
| Class Y Shares  | C000213253 |
| Class A Shares  | C000213254 |
| Class C Shares  | C000213255 |
| Class R6 Shares | C000219743 |

---

## Series and Classes Contracts Data

### PUTNAM MORTGAGE OPPORTUNITIES FUND (Series ID: S000048370)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000152757 | CLASS I         |  |
| C000213253 | Class Y Shares  |  |
| C000213254 | Class A Shares  |  |
| C000213255 | Class C Shares  |  |
| C000219743 | Class R6 Shares |  |

39234-P1 10/25

![LOGO](g91837g00s01.jpg)

**SUPPLEMENT DATED OCTOBER 15, 2025** 

**TO THE PROSPECTUS AND** 

**STATEMENT OF ADDITIONAL INFORMATION (SAI)** 

**OF PUTNAM MORTGAGE OPPORTUNITIES FUND (THE "FUND")** 

**The following changes are made to Fund's Prospectus and SAI:** 

**1)** **The following replaces the fifth paragraph of the section titled "The fund's investment manager" in the Fund's Prospectus:** 

The fund pays a monthly management fee to the Investment Manager. The fee is calculated by applying a rate to the fund's "Average Net Assets," which means the average of all of the determinations of the fund's net asset value at the close of business on each business day during the month.

**2)** **The following replaces the first paragraph of the section titled "CHARGES AND EXPENSES-Management fees" in the Fund's SAI:** 

Franklin Advisers, Inc. (the "Investment Manager") serves as the Fund's investment manager. Under the Fund's management agreement with the Investment Manager (the "Management Contract"), the Fund pays a monthly fee to the Investment Manager. The fee is calculated by applying a rate to the Fund's "Average Net Assets," which means the average of all of the determinations of the Fund's net asset value at the close of business on each business day during the month, as set forth below:

0.550% of the first $500 million of Average Net Assets;

0.500% of the next $500 million of Average Net Assets;

0.450% of any excess thereafter.

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