# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0001193125-26-030900
**Filing Date:** 2026-1
**Character Count:** 2538
**Document Hash:** 6a2a875df20ae758c79bce7e4b86b6f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-030900.hdr.sgml**: 20260130

**ACCESSION NUMBER**: 0001193125-26-030900

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 13

**FILED AS OF DATE**: 20260130

**DATE AS OF CHANGE**: 20260130

**EFFECTIVENESS DATE**: 20260130

**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:** 26581145

**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 Dynamic Asset Allocation Equity Fund (Series ID: S000024760)

---

|  |  |
|:---|:---|
| Class Name     | Class ID   |
| Class A        | C000073568 |
| Class P Shares | C000170451 |

---

## Series and Classes Contracts Data

### Putnam Dynamic Asset Allocation Equity Fund (Series ID: S000024760)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000073568 | Class A        |  |
| C000170451 | Class P Shares |  |

?xml version='1.0' encoding='ASCII'? Putnam Dynamic Asset Allocation Equity Fund

------

#### 39117-P2 01/26

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| | |
|:---|:---|
| ![LOGO](g57861g01g01.jpg) | ![LOGO](g57861g02g02.jpg) |

---

#### PUTNAM FUNDS TRUST

#### SUPPLEMENT DATED JANUARY 30, 2026

#### TO THE PROSPECTUS

#### DATED OCTOBER 1, 2025 OF

#### PUTNAM DYNAMIC ASSET ALLOCATION EQUITY FUND (THE "FUND")

#### The following paragraph supplements and supersedes the information regarding the Putnam Equity Blended Benchmark contained in the section of the Fund's Prospectus titled "Performance":
Effective February 1, 2026, the composition of the Putnam Equity Blended Benchmark will change from 75% Russell 3000<sup>®</sup> Index, 19% MSCI EAFE Index-NR and 6% MSCI Emerging Markets Index-GD to 75% Russell 3000<sup>®</sup> Index and 25% MSCI All Country World Ex-U.S. Index-NR (the "New Composition"). The Fund's investment manager believes the New Composition better reflects the Fund's current portfolio.

The Fund will continue to compare its performance to the Russell 3000<sup>®</sup> Index, a broad-based securities market index.

#### Please retain this supplement for future reference.