# EDGAR Filing Document

**Accession Number:** 0000932101
**File Stem:** 0000928816-23-000247
**Filing Date:** 2023-2
**Character Count:** 4241
**Document Hash:** 7d4f650bb09c53dcdd64c2b01ef44038
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000928816-23-000247.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0000928816-23-000247

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**EFFECTIVENESS DATE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM INVESTMENT FUNDS
- **CENTRAL INDEX KEY:** 0000932101
- **IRS NUMBER:** 043251560
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-56339
- **FILM NUMBER:** 23679703

**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 Research Fund (Series ID: S000003853)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Class A Shares  | PNRAX         | C000010781 |
| Class B Shares  | PRFBX         | C000010782 |
| Class C Shares  | PRACX         | C000010783 |
| Class R Shares  | PRSRX         | C000010785 |
| Class Y Shares  | PURYX         | C000010786 |
| Class R6 Shares | nan           | C000158892 |

---

## Series and Classes Contracts Data

### Putnam Research Fund (Series ID: S000003853)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000010781 | Class A Shares  | PNRAX           |
| C000010782 | Class B Shares  | PRFBX           |
| C000010783 | Class C Shares  | PRACX           |
| C000010785 | Class R Shares  | PRSRX           |
| C000010786 | Class Y Shares  | PURYX           |
| C000158892 | Class R6 Shares |  |

Statement of Additional Information Supplement *February 28, 2023*

------

**Putnam Research Fund**

Statement of Additional Information dated November 30, 2022

Effective February 28, 2023, the sub-sections *Other accounts managed* and *Ownership of securities* in the *PORTFOLIO MANAGERS* section are restated in their entirety as follows to reflect that the fund's portfolio managers are now Kathryn Lakin, Jacquelyne Cavanaugh, Matthew LaPlant, Andrew O'Brien, William Rives and Walter Scully. These sub-sections are also supplemented with regards solely to Mr. LaPlante as follows:

**Other accounts managed**

The following table shows the number and approximate assets of other investment accounts (or portions of investment accounts) that the fund's portfolio manager managed as of January 31, 2023. The other accounts may include accounts for which the individual was not designated as a portfolio manager. Unless noted, none of the other accounts pays a fee based on the account's performance.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; <br>**Portfolio**<br> **manager** | &nbsp;&nbsp; <br>**Other SEC-registered open-end and closed-end funds** | &nbsp;&nbsp; <br>**Other SEC-registered open-end and closed-end funds** | &nbsp;&nbsp; <br>**Other accounts that pool assets from more than one client** | &nbsp;&nbsp; <br>**Other accounts that pool assets from more than one client** | &nbsp;&nbsp; <br>**Other accounts (including separate accounts, managed account programs and single-sponsor defined contribution plan offerings)** | &nbsp;&nbsp; <br>**Other accounts (including separate accounts, managed account programs and single-sponsor defined contribution plan offerings)** |
|  | &nbsp;&nbsp;Number of accounts | &nbsp;&nbsp; <br>Assets | &nbsp;&nbsp;Number of accounts | &nbsp;&nbsp; <br>Assets | &nbsp;&nbsp;Number of accounts | &nbsp;&nbsp; <br>Assets |
| &nbsp;&nbsp;Matthew LaPlant | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;$100000 |

---

**Ownership of securities**

The dollar range of shares of the fund owned by Mr. LaPlant as of January 31, 2023, including investments by immediate family members and amounts invested through retirement and deferred compensation plans, was $100,000-$500,000.

![](image_001.jpg)

SAI Supplement – 02/23