# EDGAR Filing Document

**Accession Number:** 0000932101
**File Stem:** 0002071691-26-008601
**Filing Date:** 2026-4
**Character Count:** 43939
**Document Hash:** 8c00b0fb94211ae3be659fbafec07b3f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-008601.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0002071691-26-008601

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM INVESTMENT FUNDS
- **CENTRAL INDEX KEY:** 0000932101

**ORGANIZATION NAME:**
- **EIN:** 043251560
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07237
- **FILM NUMBER:** 26887679

**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 EQUITY FUNDS
- **DATE OF NAME CHANGE:** 19941028

## Series and Classes Contracts Data

### Putnam Small Cap Value Fund (Series ID: S000003854)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000010787 | Class A Shares | PSLAX           |
| C000010789 | Class C Shares | PSLCX           |
| C000010791 | Class Y Shares | PYSVX           |
| C000049250 | CLASS R        |  |
| C000135941 | Class R6       |  |

## 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 Investment Funds

- **b. Investment Company Act file number:** 811-07237

- **c. CIK number of Registrant:** 0000932101

- **d. LEI of Registrant:** 549300SRAF55EHI5J317

- **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 Value Fund

- **b. EDGAR series identifier (if any):** S000003854

- **c. LEI of Series:** EYW12E59V2I5PAIL1O80

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2026-02-28

**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:** $313833948.59

**Total Liabilities:** $31451086.97

**Net Assets:** $282382861.62

**Cash Not Reported:** $13439.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010787 | 1.05%                | 5.38%                | 2.21%                |
| Class ID C000010789 | 0.98%                | 5.25%                | 2.16%                |
| Class ID C000010791 | 1.06%                | 5.39%                | 2.27%                |
| Class ID C000049250 | 1.01%                | 5.32%                | 2.24%                |
| Class ID C000135941 | 1.03%                | 5.42%                | 2.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1689476.89             | $4052929.16                                |
| Month 2  | $4109730.02              | $10484983.94                               |
| Month 3  | $1548823.72              | $4300970.30                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abacus Global Management, Inc.           | Abacus Global Management, Inc.             | CUSIP: 00258Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    367500 | NS      | $3355275.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Academy Sports & Outdoors, Inc.          | Academy Sports & Outdoors, Inc.            | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     60500 | NS      | $3637865.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Algonquin Power & Utilities Corp.        | Algonquin Power & Utilities Corp.          | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |    380600 | NS      | $2656588.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Laundry Holdings, Inc.          | Alliance Laundry Holdings, Inc.            | CUSIP: 01862Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68300 | NS      | $1531969.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Amneal Pharmaceuticals, Inc.             | Amneal Pharmaceuticals, Inc.               | CUSIP: 03168L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    228500 | NS      | $3155585.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp.                   | Antero Resources Corp.                     | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     96600 | NS      | $3555846.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp.                    | Applied Digital Corp.                      | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |     41000 | NS      | $1118070.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Aviat Networks, Inc.                     | Aviat Networks, Inc.                       | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |    123349 | NS      | $3088658.96   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidbank Holdings, Inc.                  | Avidbank Holdings, Inc.                    | CUSIP: 05368J103<br>LEI: 54930029UJ8M0B84EE44 | Long             | EC               | CORP              | US        |     85248 | NS      | $2461962.24   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidia Bancorp, Inc.                     | Avidia Bancorp, Inc.                       | CUSIP: 05369T100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54740 | NS      | $1025280.20   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                     | Axos Financial, Inc.                       | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     37450 | NS      | $3251409.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp, Inc. (The)                      | Bancorp, Inc. (The)                        | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |     26100 | NS      | $1369989.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California, Inc.                 | Banc of California, Inc.                   | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    132400 | NS      | $2445428.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical, Inc.            | BioMarin Pharmaceutical, Inc.              | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     28000 | NS      | $1728440.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackBox, Inc.                           | BlackBox, Inc., CVR                        | CUSIP: 092CVR018<br>LEI: N/A                  | Long             |  | CORP              | US        |     55200 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Blue Bird Corp.                          | Blue Bird Corp.                            | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     16300 | NS      | $949801.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| BrightSpring Health Services, Inc.       | BrightSpring Health Services, Inc.         | CUSIP: 10950A106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66200 | NS      | $2742666.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.             | Brixmor Property Group, Inc.               | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     87900 | NS      | $2660733.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadstone Net Lease, Inc.               | Broadstone Net Lease, Inc.                 | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    133000 | NS      | $2578870.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Cash Collateral Pool LLC          | Putnam Cash Collateral Pool LLC            | CUSIP: 99311N9A5<br>LEI: 5493005HRIV7IFMKD774 | Long             | STIV             | PF                | US        |  30897989 | NS      | $30897989.40  | 10.94%            |  |  |  | No            |                  2 | On Loan: No      |
| Business First Bancshares, Inc.          | Business First Bancshares, Inc.            | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |     89600 | NS      | $2446080.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Camping World Holdings, Inc.             | Camping World Holdings, Inc., Class A      | CUSIP: 13462K109<br>LEI: 549300E828QQI7MWI432 | Long             | EC               | CORP              | US        |    189725 | NS      | $1578512.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.              | Casella Waste Systems, Inc., Class A       | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     31500 | NS      | $2934540.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries, Inc.                   | Cavco Industries, Inc.                     | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1520 | NS      | $877435.20    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Aluminum Co.                     | Century Aluminum Co.                       | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |     10800 | NS      | $556848.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory, Inc. (The)           | Cheesecake Factory, Inc. (The)             | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     34700 | NS      | $2247866.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| Coastal Financial Corp.                  | Coastal Financial Corp.                    | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |     32502 | NS      | $2411323.38   | 0.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Codexis, Inc.                            | Codexis, Inc.                              | CUSIP: 192005106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    529200 | NS      | $534492.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu, Inc.                               | Cohu, Inc.                                 | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    127800 | NS      | $3859560.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbus McKinnon Corp.                  | Columbus McKinnon Corp.                    | CUSIP: 199333105<br>LEI: 549300W3HQB0HO1F3G69 | Long             | EC               | CORP              | US        |     77600 | NS      | $1472848.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Bancgroup, Inc.               | Commercial Bancgroup, Inc.                 | CUSIP: 20112C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70041 | NS      | $1821766.41   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp.                         | Concentrix Corp.                           | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     66600 | NS      | $2184480.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp, Inc.                 | ConnectOne Bancorp, Inc.                   | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |     84324 | NS      | $2237115.72   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources, Inc.             | Core Natural Resources, Inc.               | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     37700 | NS      | $3094416.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Covenant Logistics Group, Inc.           | Covenant Logistics Group, Inc., Class A    | CUSIP: 22284P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111800 | NS      | $3291392.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Diebold Nixdorf, Inc.                    | Diebold Nixdorf, Inc.                      | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |     39700 | NS      | $3176000.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Major Drilling Group International, Inc. | Major Drilling Group International, Inc.   | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |    184600 | NS      | $2465754.19   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| DocGo, Inc.                              | DocGo, Inc.                                | CUSIP: 256086109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    352000 | NS      | $252736.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions, Inc.      | Donnelley Financial Solutions, Inc.        | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     49200 | NS      | $2448192.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp, Inc.                      | Eagle Bancorp, Inc.                        | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |     87500 | NS      | $2226875.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group, Inc.               | Encore Capital Group, Inc.                 | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |     42100 | NS      | $2875009.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Star Bancorp                        | Five Star Bancorp                          | CUSIP: 33830T103<br>LEI: 5493008ZRBIHKWC0JA73 | Long             | EC               | CORP              | US        |     90797 | NS      | $3534727.21   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT, Inc.           | American Healthcare REIT, Inc.             | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     54200 | NS      | $2831408.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp.                                | HNI Corp.                                  | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     77632 | NS      | $3490334.72   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust, Inc.            | Healthcare Realty Trust, Inc., Class A     | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |    117600 | NS      | $2169720.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne, Inc.                  | Helmerich & Payne, Inc.                    | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |     36200 | NS      | $1274964.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Holley, Inc.                             | Holley, Inc.                               | CUSIP: 43538H103<br>LEI: 254900EEM9JI9G1A4D88 | Long             | EC               | CORP              | US        |   1204256 | NS      | $4913364.48   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.              | Horace Mann Educators Corp.                | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |     53331 | NS      | $2320431.81   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals, Inc.                    | Hudbay Minerals, Inc.                      | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |    133300 | NS      | $3776389.00   | 1.34%             |  |  |  | No            |                  1 | On Loan: —       |
| ICF International, Inc.                  | ICF International, Inc.                    | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |     30000 | NS      | $2493900.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corp.                           | Ingevity Corp.                             | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |     24225 | NS      | $1744926.75   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| J Jill, Inc.                             | J Jill, Inc.                               | CUSIP: 46620W201<br>LEI: 529900I19PJIF8MIDL12 | Long             | EC               | CORP              | US        |    130565 | NS      | $2254857.55   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics, Inc.                 | Janux Therapeutics, Inc.                   | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49342 | NS      | $671544.62    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferson Capital, Inc.                  | Jefferson Capital, Inc.                    | CUSIP: 47248R103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134100 | NS      | $2766483.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                      | DHT Holdings, Inc.                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |   4050000 | NC      | $437714.79    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                      | Turning Point Brands, Inc.                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |  -1756480 | NC      | $-16042.44    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                      | Turning Point Brands, Inc.                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |   1067040 | NC      | $58234.32     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                      | CMB Tech NV                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |   4272765 | NC      | $110878.64    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| La-Z-Boy, Inc.                           | La-Z-Boy, Inc.                             | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |     68200 | NS      | $2436104.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Ladder Capital Corp.                     | Ladder Capital Corp., Class A              | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |    270653 | NS      | $2806671.61   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp.                               | Lear Corp.                                 | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     18900 | NS      | $2480625.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt, Inc.                    | Leggett & Platt, Inc.                      | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |    198200 | NS      | $2314976.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| LifeStance Health Group, Inc.            | LifeStance Health Group, Inc.              | CUSIP: 53228F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    593697 | NS      | $4298366.28   | 1.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Lumexa Imaging Holdings, Inc.            | Lumexa Imaging Holdings, Inc.              | CUSIP: 550249106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160500 | NS      | $2269470.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                          | M/I Homes, Inc.                            | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     19600 | NS      | $2786336.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp.                 | Magnolia Oil & Gas Corp., Class A          | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129625 | NS      | $3606167.50   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCraft Boat Holdings, Inc.          | MasterCraft Boat Holdings, Inc.            | CUSIP: 57637H103<br>LEI: 549300IXWX41555YJ117 | Long             | EC               | CORP              | US        |    147924 | NS      | $3210690.42   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                    | Matador Resources Co.                      | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     60100 | NS      | $3089140.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxLinear, Inc.                          | MaxLinear, Inc., Class A                   | CUSIP: 57776J100<br>LEI: 549300EMOI0SM2IY4F64 | Long             | EC               | CORP              | US        |    145500 | NS      | $2536065.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: —       |
| McGraw Hill, Inc.                        | McGraw Hill, Inc.                          | CUSIP: 580907103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94928 | NS      | $1328992.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| MediaAlpha, Inc.                         | MediaAlpha, Inc., Class A                  | CUSIP: 58450V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    256600 | NS      | $2550604.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan Bank Holding Corp.          | Metropolitan Bank Holding Corp.            | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40046 | NS      | $3369870.90   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp, Inc.                   | Mid Penn Bancorp, Inc.                     | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87000 | NS      | $2798790.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                      | Rithm Capital Corp.                        | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |    228050 | NS      | $2291902.50   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group, Inc.                      | Newmark Group, Inc., Class A               | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    184800 | NS      | $2683296.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: —       |
| NewtekOne, Inc.                          | NewtekOne, Inc.                            | CUSIP: 652526203<br>LEI: 549300YLU78IA8GKJ688 | Long             | EC               | CORP              | US        |    169222 | NS      | $2078046.16   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Nicolet Bankshares, Inc.                 | Nicolet Bankshares, Inc.                   | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26833 | NS      | $4099009.08   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrim BanCorp, Inc.                   | Northrim BanCorp, Inc.                     | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |    130100 | NS      | $3056049.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NWPX Infrastructure, Inc.                | NWPX Infrastructure, Inc.                  | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |     42500 | NS      | $3298000.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass, Inc.                          | O-I Glass, Inc.                            | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    163116 | NS      | $2185754.40   | 0.77%             |  |  |  | No            |                  1 | On Loan: —       |
| Onity Group, Inc.                        | Onity Group, Inc.                          | CUSIP: 675746606<br>LEI: 549300DDD1YQ8EIAT278 | Long             | EC               | CORP              | US        |     50200 | NS      | $2103882.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health, Inc.                 | Option Care Health, Inc.                   | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     76650 | NS      | $2488059.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries, Inc.                  | Oxford Industries, Inc.                    | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     26400 | NS      | $1045176.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Perdoceo Education Corp.                 | Perdoceo Education Corp.                   | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     86200 | NS      | $2874770.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp.                  | Permian Resources Corp., Class A           | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    216437 | NS      | $3958632.73   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                            | Popular, Inc.                              | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     23200 | NS      | $3140352.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co.            | Portland General Electric Co.              | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     54648 | NS      | $2948806.08   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Precigen, Inc.                           | Precigen, Inc.                             | CUSIP: 74017N105<br>LEI: 549300XCWNQU35K64G19 | Long             | EC               | CORP              | US        |    290500 | NS      | $1100995.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Proficient Auto Logistics, Inc.          | Proficient Auto Logistics, Inc.            | CUSIP: 74317M104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37349 | NS      | $282731.93    | 0.10%             |  |  |  | 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        |   1131143 | NS      | $1131142.96   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Realloys, Inc.                           | Realloys, Inc.                             | CUSIP: 75606V101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55200 | NS      | $1018992.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Regal Rexnord Corp.                      | Regal Rexnord Corp.                        | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     14000 | NS      | $3093720.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RingCentral, Inc.                        | RingCentral, Inc., Class A                 | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |     77200 | NS      | $2813940.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Riot Platforms, Inc.                     | Riot Platforms, Inc.                       | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |     73800 | NS      | $1202202.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| SkyWest, Inc.                            | SkyWest, Inc.                              | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |     30700 | NS      | $3195256.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings, Inc.             | Southwest Gas Holdings, Inc.               | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     37000 | NS      | $3262290.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings, Inc.           | Spectrum Brands Holdings, Inc.             | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |     44700 | NS      | $3503586.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: —       |
| TPG RE Finance Trust, Inc.               | TPG RE Finance Trust, Inc.                 | CUSIP: 87266M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    336000 | NS      | $2842560.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp.               | Taylor Morrison Home Corp., Class A        | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     53550 | NS      | $3528409.50   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Third Coast Bancshares, Inc.             | Third Coast Bancshares, Inc.               | CUSIP: 88422P109<br>LEI: 254900LW0YOTBYSQCK19 | Long             | EC               | CORP              | US        |     64900 | NS      | $2570689.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands, Inc.               | Turning Point Brands, Inc.                 | CUSIP: 90041L105<br>LEI: 549300IYG00QF0VVP302 | Long             | EC               | CORP              | US        |     21955 | NS      | $3007615.45   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp.                       | Tutor Perini Corp.                         | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     26600 | NS      | $2004842.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                      | UMB Financial Corp.                        | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     20300 | NS      | $2352364.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries, Inc.                     | UFP Industries, Inc.                       | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     27400 | NS      | $2819734.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp.                           | UniFirst Corp.                             | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      5700 | NS      | $1338474.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp                  | Valley National Bancorp                    | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    239700 | NS      | $3022617.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                 | Valmont Industries, Inc.                   | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      6880 | NS      | $3164318.40   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte, Inc.                            | Vaxcyte, Inc.                              | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |     41934 | NS      | $2589005.16   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Veracyte, Inc.                           | Veracyte, Inc.                             | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |     99240 | NS      | $3631191.60   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology, Inc.             | Vishay Intertechnology, Inc.               | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    185500 | NS      | $3472560.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp.                    | Wabash National Corp.                      | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |    221600 | NS      | $2249240.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop, Inc.                    | Walker & Dunlop, Inc.                      | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42261 | NS      | $1944428.61   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp.                  | WillScot Holdings Corp.                    | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    116400 | NS      | $2515404.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| WisdomTree, Inc.                         | WisdomTree, Inc.                           | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |    100200 | NS      | $1714422.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Titan America SA                         | Titan America SA                           | CUSIP: N/A<br>LEI: 9845007APCB6462D6C46       | Long             | EC               | CORP              | BE        |    154892 | NS      | $2806643.04   | 0.99%             |  |  |  | No            |                  1 | On Loan: —       |
| Critical Metals Corp.                    | Critical Metals Corp.                      | CUSIP: N/A<br>LEI: 984500158752F66VAE27       | Long             | EC               | CORP              | VG        |     32992 | NS      | $334868.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Gates Industrial Corp. plc               | Gates Industrial Corp. plc                 | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |     87582 | NS      | $2414635.74   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| IBEX Holdings Ltd.                       | IBEX Holdings Ltd.                         | CUSIP: N/A<br>LEI: 5493000GRFLPVYU2CX17       | Long             | EC               | CORP              | BM        |    115597 | NS      | $3340753.30   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd.                      | Ichor Holdings Ltd.                        | CUSIP: N/A<br>LEI: 529900PS8R2JVLJ2H892       | Long             | EC               | CORP              | KY        |     83189 | NS      | $3955636.95   | 1.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Tronox Holdings plc                      | Tronox Holdings plc                        | CUSIP: N/A<br>LEI: 549300NRVC84SGJSXV06       | Long             | EC               | CORP              | GB        |    152000 | NS      | $1136960.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Putnam Investment Funds

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer