# EDGAR Filing Document

**Accession Number:** 0000868648
**File Stem:** 0001193125-26-199648
**Filing Date:** 2026-5
**Character Count:** 6301
**Document Hash:** 476dbc1980e3ebdcaa18ad1d5b20abba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-199648.hdr.sgml**: 20260501

**ACCESSION NUMBER**: 0001193125-26-199648

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20260501

**DATE AS OF CHANGE**: 20260501

**EFFECTIVENESS DATE**: 20260501

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM INTERNATIONAL EQUITY FUND
- **CENTRAL INDEX KEY:** 0000868648

**ORGANIZATION NAME:**
- **EIN:** 046661045
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-37214
- **FILM NUMBER:** 26929491

**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 INTERNATIONAL EQUITY FUND /MA/
- **DATE OF NAME CHANGE:** 20030430

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM INTERNATIONAL GROWTH FUND /MA/
- **DATE OF NAME CHANGE:** 19960805

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM OVERSEAS GROWTH FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### PUTNAM INTERNATIONAL EQUITY FUND /MA/ (Series ID: S000006181)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| Class A Shares | POVSX         | C000017024 |
| Class C Shares | PIGCX         | C000017026 |
| Class R Shares | PIERX         | C000017028 |
| Class Y Shares | POVYX         | C000017029 |
| Class R5       | nan           | C000118015 |
| Class R6       | nan           | C000118016 |

---

## Series and Classes Contracts Data

### PUTNAM INTERNATIONAL EQUITY FUND /MA/ (Series ID: S000006181)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000017024 | Class A Shares | POVSX           |
| C000017026 | Class C Shares | PIGCX           |
| C000017028 | Class R Shares | PIERX           |
| C000017029 | Class Y Shares | POVYX           |
| C000118015 | Class R5       |  |
| C000118016 | Class R6       |  |

?xml version='1.0' encoding='ASCII'? Putnam International Equity Fund

------

39047-P1 05/26

---

| | |
|:---|:---|
| ![LOGO](g150705g01x01.jpg) | ![LOGO](g150705g02x02.jpg) |

---

#### SUPPLEMENT DATED MAY 1, 2026

#### TO THE SUMMARY PROSPECTUS AND PROSPECTUS

#### EACH DATED NOVEMBER 1, 2025

#### OF PUTNAM INTERNATIONAL EQUITY FUND (THE "FUND")
**Effective May 1, 2026, the following replaces the "Annual Fund Operating Expenses" table, accompanying footnotes and expense example in the sections of the Fund's Summary Prospectus and Prospectus titled "Fund summary - Fees and expenses" and "Fund summary - Example":** 

Annual Fund Operating Expenses <br>(expenses you pay each year as a percentage of the value of your investment)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Share <br>class** | **Management<br>fees<sup>1</sup>** | **Distribution<br>and<br>service<br>(12b-1)<br>fees** | **Other<br>expenses** | **Total<br>annual<br>fund <br>operating<br>expenses** | **Expense<br>reimburse-<br>ment<sup>2</sup>** | **Total<br>annual<br>fund<br>operating<br>expenses<br>after<br>expense reim-<br>bursement<sup>3</sup>** |
|  Class A | 0.72% | 0.25% | 0.22% | 1.19% |  | 1.19% |
|  Class C | 0.72% | 1.00% | 0.22% | 1.94% |  | 1.94% |
|  Class R | 0.72% | 0.50% | 0.22% | 1.44% |  | 1.44% |
|  Class R5 | 0.72% |  | 0.22% | 0.94% |  | 0.94% |
|  Class R6 | 0.72% |  | 0.10% | 0.82% | (0.05)% | 0.77% |
|  Class Y | 0.72% |  | 0.22% | 0.94% | (0.17)% | 0.77% |

---

<sup>1</sup> Management fees are subject to a performance adjustment, restated for the current year. The fund's base management fee is subject to adjustment, up or down, based on the fund's performance relative to the performance of the MSCI EAFE Index-NR. For the current year, the fund's base management fee prior to any performance adjustment was 0.67%.

<sup>2</sup> Effective May 1, 2026, the fund's investment manager has contractually agreed to waive fees and/or reimburse operating expenses of the fund (excluding payments under the fund's distribution plans, payments under the fund's investor servicing contract, brokerage, interest, taxes, investment-related expenses (including borrowing costs, i.e., short selling and lines of credit costs), extraordinary expenses, and acquired fund fees and expenses) so that the expenses will not exceed 0.79% of the fund's average net assets. Additionally, the Investment Manager has agreed to reduce its fees by an amount equal to the management fees paid by Franklin Templeton affiliated funds with respect to assets the fund invests in such affiliated funds. In addition, the fund's investor servicing agent has agreed to waive all investor servicing fees with respect to Class R6 and Y shares of the fund. These obligations may not be modified or discontinued prior to October 31, 2027 without approval of the Board of Trustees.

------

<sup>3</sup> Total annual fund operating expenses after expense reimbursement have been restated to reflect current waiver arrangements and operating caps.

Example

The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund's operating expenses remain the same (except that any applicable fee waiver or expense reimbursement is reflected only through its expiration date). Your actual costs may be higher or lower.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Share class** | **1 year** | **3 years** | **5 years** | **10 years** |
|  Class A | $689 | $931 | $1192 | $1935 |
|  Class C | $297 | $609 | $1047 | $2069 |
|  Class C (no redemption) | $197 | $609 | $1047 | $2069 |
|  Class R | $147 | $456 | $788 | $1726 |
|  Class R5 | $96 | $300 | $520 | $1155 |
|  Class R6 | $79 | $257 | $451 | $1010 |
|  Class Y | $79 | $283 | $504 | $1139 |

---

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