# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0002071691-26-012199
**Filing Date:** 2026-5
**Character Count:** 38202
**Document Hash:** 8fda27e5f6d8ef942329e6b9800b0764
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012199.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0002071691-26-012199

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260630

**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:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07513
- **FILM NUMBER:** 261024549

**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 Small Cap Growth Fund (Series ID: S000000777)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000002301 | Class C shares  |  |
| C000002302 | Class Y shares  |  |
| C000002303 | Class A shares  | PNSAX           |
| C000002306 | Class R shares  | PSGRX           |
| C000158897 | Class R6 Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Putnam Funds Trust

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

- **c. CIK number of Registrant:** 0001005942

- **d. LEI of Registrant:** 549300S9JYWEMKQCLW53

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Federal Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-292-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Putnam Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000000777

- **c. LEI of Series:** 549300T15YU3PSQ6QC72

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2934523306.02

**Total Liabilities:** $223529592.51

**Net Assets:** $2710993713.51

**Cash Not Reported:** $2828682.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002303 | 4.76%                | 2.00%                | -6.68%               |
| Class ID C000002306 | 4.73%                | 1.98%                | -6.70%               |
| Class ID C000158897 | 4.79%                | 2.02%                | -6.65%               |
| Class ID C000002302 | 4.78%                | 2.02%                | -6.66%               |
| Class ID C000002301 | 4.69%                | 1.93%                | -6.73%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $22158136.65             | $115737450.59                              |
| Month 2  | $-2983102.16             | $62427511.61                               |
| Month 3  | $-4779752.44             | $-188932448.26                             |

### Schedule of Portfolio Investments

| Name                                      | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| InterDigital, Inc.                        | InterDigital, Inc.                           | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63328 | NS      | $19125056.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies, Inc.                 | Mirion Technologies, Inc., Class A           | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |    712146 | NS      | $13238794.14  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings, Inc.                  | FirstCash Holdings, Inc.                     | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111221 | NS      | $20909548.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals, Inc.            | Madrigal Pharmaceuticals, Inc.               | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |     40560 | NS      | $21231943.20  | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Bloom Energy Corp.                        | Bloom Energy Corp., Class A                  | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |    484371 | NS      | $65627426.79  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd.       | Credo Technology Group Holding Ltd.          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    312059 | NS      | $29292978.33  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart, Inc.                          | PriceSmart, Inc.                             | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |     62961 | NS      | $9475630.50   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Kymera Therapeutics, Inc.                 | Kymera Therapeutics, Inc.                    | CUSIP: 501575104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    216994 | NS      | $18073430.26  | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Bancorp, Inc. (The)                       | Bancorp, Inc. (The)                          | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |    391133 | NS      | $21015576.09  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Semtech Corp.                             | Semtech Corp.                                | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |    208766 | NS      | $16052017.74  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group, Inc.               | Kinsale Capital Group, Inc.                  | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |     39413 | NS      | $13465845.58  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings, Inc.                    | Medpace Holdings, Inc.                       | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     83300 | NS      | $39999827.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet, Inc.                              | RadNet, Inc.                                 | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |    307203 | NS      | $17169575.67  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed, Inc.                              | Insmed, Inc.                                 | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    139578 | NS      | $22823794.56  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure, Inc.       | Solaris Energy Infrastructure, Inc., Class A | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |    210577 | NS      | $11899706.27  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals, Inc.              | Rhythm Pharmaceuticals, Inc.                 | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |    276855 | NS      | $24078079.35  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services, Inc.                 | Kodiak Gas Services, Inc.                    | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    231479 | NS      | $13499855.28  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Tarsus Pharmaceuticals, Inc.              | Tarsus Pharmaceuticals, Inc.                 | CUSIP: 87650L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    131761 | NS      | $9243034.15   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems, Inc.               | Merit Medical Systems, Inc.                  | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |    173751 | NS      | $11976656.43  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Establishment Labs Holdings, Inc.         | Establishment Labs Holdings, Inc.            | CUSIP: N/A<br>LEI: 549300BCBQ714JNJ7V58       | Long             | EC               | CORP              | VG        |    152530 | NS      | $8660653.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Fuels, Inc.                        | Energy Fuels, Inc.                           | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |    684693 | NS      | $12495647.25  | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Putnam                                    | Putnam Cash Collateral Pool LLC, Class A     | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             | RF                | US        |        -0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp.                     | Applied Digital Corp.                        | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |    604073 | NS      | $14340693.02  | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Nextpower, Inc.                           | Nextpower, Inc., Class A                     | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99427 | NS      | $11985924.85  | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Putnam Cash Collateral Pool LLC           | Putnam Cash Collateral Pool LLC              | CUSIP: 99311N9A5<br>LEI: 5493005HRIV7IFMKD774 | Long             | STIV             | PF                | US        | 219773753 | NS      | $219773752.55 | 8.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Lumentum Holdings, Inc.                   | Lumentum Holdings, Inc.                      | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      6637 | NS      | $4664218.12   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Dave, Inc.                                | Dave, Inc.                                   | CUSIP: 23834J201<br>LEI: 25490061SUVXCW51RZ82 | Long             | EC               | CORP              | US        |     81386 | NS      | $14168488.74  | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| SPX Technologies, Inc.                    | SPX Technologies, Inc.                       | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |    238479 | NS      | $47681491.26  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                        | RBC Bearings, Inc.                           | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144213 | NS      | $78324964.56  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                  | Fabrinet                                     | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | KY        |    111529 | NS      | $58164604.08  | 2.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Viavi Solutions, Inc.                     | Viavi Solutions, Inc.                        | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    768020 | NS      | $25559705.60  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group, Inc. (The)       | Descartes Systems Group, Inc. (The)          | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |    362128 | NS      | $25913879.68  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.               | Casella Waste Systems, Inc., Class A         | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |    150164 | NS      | $11914011.76  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp.                             | Legence Corp., Class A                       | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    482441 | NS      | $27238618.86  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenon Pharmaceuticals, Inc.               | Xenon Pharmaceuticals, Inc.                  | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |    354797 | NS      | $20631445.55  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems, Inc.                     | Mercury Systems, Inc.                        | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    226834 | NS      | $16538466.94  | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Agilysys, Inc.                            | Agilysys, Inc.                               | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |    215363 | NS      | $15320923.82  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group, Inc. (The)                  | Ensign Group, Inc. (The)                     | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |    327838 | NS      | $66059357.00  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                           | Canadian Dollar                              | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CA        |        -0 | OU      | $-0.02        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Nuvalent, Inc.                            | Nuvalent, Inc., Class A                      | CUSIP: 670703107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    143396 | NS      | $14690920.20  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp.                                 | VSE Corp.                                    | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |    252910 | NS      | $46636604.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: —       |
| Axos Financial, Inc.                      | Axos Financial, Inc.                         | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |    308900 | NS      | $26284301.00  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Covista, Inc.                             | Covista, Inc.                                | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |    360130 | NS      | $41504982.50  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp.                    | Encompass Health Corp.                       | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    455688 | NS      | $44078700.24  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Ltd.                                 | Nova Ltd.                                    | CUSIP: N/A<br>LEI: 529900B2DSWE5V3SC292       | Long             | EC               | CORP              | IL        |    197580 | NS      | $85805042.40  | 3.17%             |  |  |  | No            |                  1 | On Loan: —       |
| JBT Marel Corp.                           | JBT Marel Corp.                              | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |    135491 | NS      | $17325234.17  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp.                      | Federal Signal Corp.                         | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |    362724 | NS      | $39224973.36  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies, Inc.                    | UFP Technologies, Inc.                       | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |     48925 | NS      | $9471880.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                         | CG oncology, Inc.                            | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    172481 | NS      | $11673514.08  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining, Inc.                        | Coeur Mining, Inc.                           | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |   1579223 | NS      | $29642015.71  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                       | Ascendis Pharma A/S                          | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |    103216 | NS      | $23608595.68  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holdings, Inc.     | Ollie's Bargain Outlet Holdings, Inc.        | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |    184372 | NS      | $16969598.88  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics, Inc.                 | Axsome Therapeutics, Inc.                    | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |    192200 | NS      | $32485644.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings, Inc.                        | IES Holdings, Inc.                           | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |    100278 | NS      | $47779458.66  | 1.76%             |  |  |  | No            |                  1 | On Loan: —       |
| ADMA Biologics, Inc.                      | ADMA Biologics, Inc.                         | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1450687 | NS      | $13070689.87  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Blueprint Medicines Corp.                 | Blueprint Medicines Corp., CVR               | CUSIP: 096CVR048<br>LEI: 5299004CC60O9T5HVM83 | Long             |  | CORP              | US        |     78498 | NS      | $36109.08     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Cavco Industries, Inc.                    | Cavco Industries, Inc.                       | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32584 | NS      | $15780105.36  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp.                     | GeneDx Holdings Corp., Class A               | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    225955 | NS      | $14510830.10  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group, Inc.                     | StepStone Group, Inc., Class A               | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    633867 | NS      | $30248133.24  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Optoelectronics, Inc.             | Applied Optoelectronics, Inc.                | CUSIP: 03823U102<br>LEI: 529900I8U6Q5SYDNLT48 | Long             | EC               | CORP              | US        |     30479 | NS      | $2578218.61   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                        | Piper Sandler Cos.                           | CUSIP: 724078209<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |    320212 | NS      | $24512228.60  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Ltd.                               | Camtek Ltd.                                  | CUSIP: N/A<br>LEI: 5493000H80W07HCKGS43       | Long             | EC               | CORP              | IL        |    178272 | NS      | $27027817.92  | 1.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Patrick Industries, Inc.                  | Patrick Industries, Inc.                     | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |    347045 | NS      | $38546288.15  | 1.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Arrowhead Pharmaceuticals, Inc.           | Arrowhead Pharmaceuticals, Inc.              | CUSIP: 04280A100<br>LEI: 549300O3CSB8T7OZ3D66 | Long             | EC               | CORP              | US        |    197019 | NS      | $12353091.30  | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| Installed Building Products, Inc.         | Installed Building Products, Inc.            | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |    138896 | NS      | $36828274.40  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Dollar                         | Australian Dollar                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |       250 | OU      | $172.49       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CES Energy Solutions Corp.                | CES Energy Solutions Corp.                   | CUSIP: 15713J104<br>LEI: 984500NF54914EB1B646 | Long             | EC               | CORP              | CA        |   1946822 | NS      | $25764497.89  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners, Inc.               | Construction Partners, Inc., Class A         | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |    370355 | NS      | $41153847.60  | 1.52%             |  |  |  | No            |                  1 | On Loan: —       |
| CECO Environmental Corp.                  | CECO Environmental Corp.                     | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     87532 | NS      | $5215156.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpring Health Services, Inc.        | BrightSpring Health Services, Inc.           | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    702173 | NS      | $29919591.53  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                  | Boot Barn Holdings, Inc.                     | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    246786 | NS      | $36119598.96  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide, Inc.                       | ACI Worldwide, Inc.                          | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |    865624 | NS      | $35499240.24  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group, Inc.              | Huron Consulting Group, Inc.                 | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |    403315 | NS      | $51418629.35  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation, Inc.                     | Onto Innovation, Inc.                        | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     28587 | NS      | $5862336.09   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Short Term Investment Fund         | Putnam Short Term Investment Fund, Class P   | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        |  14381440 | NS      | $14381439.56  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners                 | Perella Weinberg Partners, Class A           | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    867311 | NS      | $15750367.76  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma, Inc.                    | Bridgebio Pharma, Inc.                       | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    430723 | NS      | $31985489.98  | 1.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Advanced Energy Industries, Inc.          | Advanced Energy Industries, Inc.             | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |    285584 | NS      | $92160812.64  | 3.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Terawulf, Inc.                            | Terawulf, Inc.                               | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |    285158 | NS      | $4114829.94   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp.                          | Rocket Lab Corp.                             | CUSIP: 773121108<br>LEI: 254900LNRW7906KUMM93 | Long             | EC               | CORP              | US        |    204885 | NS      | $13157714.70  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA, Inc.                 | Comfort Systems USA, Inc.                    | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     63204 | NS      | $87157683.96  | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse, Inc.                            | Bel Fuse, Inc., Class B                      | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     52154 | NS      | $10325448.92  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                  | Modine Manufacturing Co.                     | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     79133 | NS      | $17148912.43  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.               | Halozyme Therapeutics, Inc.                  | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |    553614 | NS      | $35780072.82  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings, Inc.               | DigitalOcean Holdings, Inc.                  | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |    537447 | NS      | $46102203.66  | 1.70%             |  |  |  | No            |                  1 | On Loan: —       |
| FormFactor, Inc.                          | FormFactor, Inc.                             | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    293424 | NS      | $28459193.76  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IRhythm Holdings, Inc.                    | IRhythm Holdings, Inc.                       | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |     63747 | NS      | $7523420.94   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure, Inc.             | Sterling Infrastructure, Inc.                | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |     43031 | NS      | $17525235.37  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.                | Carpenter Technology Corp.                   | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |    203577 | NS      | $80239874.55  | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                              | SiTime Corp.                                 | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74047 | NS      | $25572131.45  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health, Inc.                     | Guardant Health, Inc.                        | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |    294420 | NS      | $27195575.40  | 1.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Enova International, Inc.                 | Enova International, Inc.                    | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |    300619 | NS      | $40833078.77  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Aritzia, Inc.                             | Aritzia, Inc.                                | CUSIP: 04045U102<br>LEI: 549300U83HKFRL1EX527 | Long             | EC               | CORP              | CA        |    590860 | NS      | $48216826.40  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                     | Texas Roadhouse, Inc., Class A               | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     74553 | NS      | $12311682.42  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co.                                 | Crane Co.                                    | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |    210358 | NS      | $35971218.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock, Inc.                            | Archrock, Inc.                               | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |   1248008 | NS      | $43430678.40  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus, Inc.                              | Rambus, Inc.                                 | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |    147875 | NS      | $12721686.25  | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| FTAI Aviation Ltd.                        | FTAI Aviation Ltd.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    102819 | NS      | $25190655.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group, Inc.        | Colliers International Group, Inc.           | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |    242329 | NS      | $25908699.71  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                    | Dycom Industries, Inc.                       | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |    117070 | NS      | $39665657.40  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc. | Kratos Defense & Security Solutions, Inc.    | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    493981 | NS      | $34830600.31  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies, Inc.     | Applied Industrial Technologies, Inc.        | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |    170515 | NS      | $45241039.80  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Putnam Funds Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer