# EDGAR Filing Document

**Accession Number:** 0001005942
**File Stem:** 0002071691-26-003998
**Filing Date:** 2026-2
**Character Count:** 37678
**Document Hash:** 5e5ab8ad30d01ada54d4862f66a88abd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-003998.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0002071691-26-003998

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**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:** 26675153

**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:** 2025-12-31

**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:** $3011820975.25

**Total Liabilities:** $188273104.60

**Net Assets:** $2823547870.65

**Cash Not Reported:** $59782.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002301 | 1.44%                | -1.42%               | -2.41%               |
| Class ID C000002302 | 1.51%                | -1.32%               | -2.34%               |
| Class ID C000002303 | 1.50%                | -1.35%               | -2.35%               |
| Class ID C000002306 | 1.47%                | -1.36%               | -2.37%               |
| Class ID C000158897 | 1.53%                | -1.31%               | -2.33%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-36545694.88            | $84711509.92                               |
| Month 2  | $10868092.96             | $-53380114.81                              |
| Month 3  | $20575892.09             | $-87109816.70                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADMA Biologics, Inc.                      | ADMA Biologics, Inc.                       | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1774386 | NS      | $32364800.64  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide, Inc.                       | ACI Worldwide, Inc.                        | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |   1032972 | NS      | $49386391.32  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education, Inc.            | Adtalem Global Education, Inc.             | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |    366303 | NS      | $37901371.41  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries, Inc.          | Advanced Energy Industries, Inc.           | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |    305967 | NS      | $64060310.79  | 2.27%             |  |  |  | No            |                  1 | On Loan: —       |
| AeroVironment, Inc.                       | AeroVironment, Inc.                        | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |     74224 | NS      | $17954043.36  | 0.64%             |  |  |  | No            |                  1 | On Loan: —       |
| Agilysys, Inc.                            | Agilysys, Inc.                             | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |    274058 | NS      | $32569052.72  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp.                     | Applied Digital Corp.                      | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |    544185 | NS      | $13343416.20  | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Applied Industrial Technologies, Inc.     | Applied Industrial Technologies, Inc.      | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |    174265 | NS      | $44746024.05  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock, Inc.                            | Archrock, Inc.                             | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |   1069981 | NS      | $27840905.62  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcus Biosciences, Inc.                   | Arcus Biosciences, Inc.                    | CUSIP: 03969F109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    279963 | NS      | $6671518.29   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                       | Ascendis Pharma A/S                        | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |    104056 | NS      | $22188901.44  | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Axsome Therapeutics, Inc.                 | Axsome Therapeutics, Inc.                  | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |    192200 | NS      | $35103408.00  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                      | Axos Financial, Inc.                       | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |    208306 | NS      | $17947644.96  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp, Inc. (The)                       | Bancorp, Inc. (The)                        | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |    565518 | NS      | $38183775.36  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp.                        | Bloom Energy Corp., Class A                | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |    484889 | NS      | $42132005.21  | 1.49%             |  |  |  | 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      |
| Boot Barn Holdings, Inc.                  | Boot Barn Holdings, Inc.                   | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |    246786 | NS      | $43550325.42  | 1.54%             |  |  |  | No            |                  1 | On Loan: —       |
| Bridgebio Pharma, Inc.                    | Bridgebio Pharma, Inc.                     | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    430723 | NS      | $32946002.27  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Cash Collateral Pool LLC           | Putnam Cash Collateral Pool LLC            | CUSIP: 99311N9A5<br>LEI: 5493005HRIV7IFMKD774 | Long             | STIV             | PF                | US        | 184685582 | NS      | $184685582.15 | 6.54%             |  |  |  | No            |                  2 | On Loan: No      |
| CECO Environmental Corp.                  | CECO Environmental Corp.                   | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |    150855 | NS      | $9028671.75   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.                | Carpenter Technology Corp.                 | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |    224489 | NS      | $70678116.76  | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.               | Casella Waste Systems, Inc., Class A       | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |    171751 | NS      | $16821292.94  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries, Inc.                    | Cavco Industries, Inc.                     | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25829 | NS      | $15258223.46  | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| Centrus Energy Corp.                      | Centrus Energy Corp., Class A              | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |     58438 | NS      | $14186408.88  | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| CG oncology, Inc.                         | CG oncology, Inc.                          | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116371 | NS      | $4831723.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Coeur Mining, Inc.                        | Coeur Mining, Inc.                         | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    691352 | NS      | $12326806.16  | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Comfort Systems USA, Inc.                 | Comfort Systems USA, Inc.                  | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     79523 | NS      | $74218020.67  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems, Inc.                   | Commvault Systems, Inc.                    | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |    149963 | NS      | $18799361.68  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners, Inc.               | Construction Partners, Inc., Class A       | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |    365735 | NS      | $39700534.25  | 1.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Crane Co.                                 | Crane Co.                                  | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |    187656 | NS      | $34609396.08  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Dave, Inc.                                | Dave, Inc.                                 | CUSIP: 23834J201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77436 | NS      | $17145104.76  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group, Inc. (The)       | Descartes Systems Group, Inc. (The)        | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |    484934 | NS      | $42509314.44  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings, Inc.               | DigitalOcean Holdings, Inc.                | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |    291545 | NS      | $14029145.40  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity, Inc.                            | Doximity, Inc., Class A                    | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    492542 | NS      | $21809759.76  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                    | Dycom Industries, Inc.                     | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |    113667 | NS      | $38408079.30  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp.                    | Encompass Health Corp.                     | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |    530811 | NS      | $56340279.54  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Fuels, Inc.                        | Energy Fuels, Inc.                         | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |    569695 | NS      | $8283365.30   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International, Inc.                 | Enova International, Inc.                  | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |    300619 | NS      | $47257306.80  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group, Inc. (The)                  | Ensign Group, Inc. (The)                   | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |    339994 | NS      | $59226954.80  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp.                      | Federal Signal Corp.                       | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |    367274 | NS      | $39882283.66  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor, Inc.                          | FormFactor, Inc.                           | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    180372 | NS      | $10061150.16  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health, Inc.                     | Guardant Health, Inc.                      | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |    275830 | NS      | $28173276.20  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.               | Halozyme Therapeutics, Inc.                | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |    577541 | NS      | $38868509.30  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health, Inc.                  | Hims & Hers Health, Inc.                   | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |    405900 | NS      | $13179573.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Huron Consulting Group, Inc.              | Huron Consulting Group, Inc.               | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |    400159 | NS      | $69191492.69  | 2.45%             |  |  |  | No            |                  1 | On Loan: —       |
| IES Holdings, Inc.                        | IES Holdings, Inc.                         | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |     99851 | NS      | $38844036.02  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| iRhythm Technologies, Inc.                | iRhythm Technologies, Inc.                 | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |     67205 | NS      | $11924855.20  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed, Inc.                              | Insmed, Inc.                               | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    163149 | NS      | $28394451.96  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products, Inc.         | Installed Building Products, Inc.          | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |    170670 | NS      | $44270091.30  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                        | InterDigital, Inc.                         | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50237 | NS      | $15994456.06  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| IonQ, Inc.                                | IonQ, Inc.                                 | CUSIP: 46222L108<br>LEI: 529900RB2VEFGLQS7G28 | Long             | EC               | CORP              | US        |    504506 | NS      | $22637184.22  | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| Itron, Inc.                               | Itron, Inc.                                | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |    189064 | NS      | $17556483.04  | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| JBT Marel Corp.                           | JBT Marel Corp.                            | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |    103026 | NS      | $15522927.42  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group, Inc.               | Kinsale Capital Group, Inc.                | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |     40485 | NS      | $15834493.20  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc. | Kratos Defense & Security Solutions, Inc.  | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    590467 | NS      | $44822349.97  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Kymera Therapeutics, Inc.                 | Kymera Therapeutics, Inc.                  | CUSIP: 501575104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    216994 | NS      | $16884303.14  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp.                             | Legence Corp., Class A                     | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    463915 | NS      | $19966901.60  | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| Madrigal Pharmaceuticals, Inc.            | Madrigal Pharmaceuticals, Inc.             | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |     51019 | NS      | $29710404.46  | 1.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Medpace Holdings, Inc.                    | Medpace Holdings, Inc.                     | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     81101 | NS      | $45550376.65  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems, Inc.                     | Mercury Systems, Inc.                      | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    122864 | NS      | $8970300.64   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems, Inc.               | Merit Medical Systems, Inc.                | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |    268377 | NS      | $23654748.78  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies, Inc.                 | Mirion Technologies, Inc., Class A         | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |    708109 | NS      | $16583912.78  | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Nuvalent, Inc.                            | Nuvalent, Inc., Class A                    | CUSIP: 670703107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    132352 | NS      | $13313287.68  | 0.47%             |  |  |  | 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        |    205844 | NS      | $22562560.84  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp.                             | Parsons Corp.                              | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |    229385 | NS      | $14175993.00  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries, Inc.                  | Patrick Industries, Inc.                   | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |    324939 | NS      | $35233135.77  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems, Inc.                         | Pegasystems, Inc.                          | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |    653792 | NS      | $39044458.24  | 1.38%             |  |  |  | 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      | $15004480.30  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                        | Piper Sandler Cos.                         | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     78582 | NS      | $26695091.22  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness, Inc.                      | Planet Fitness, Inc., Class A              | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |    265490 | NS      | $28797700.30  | 1.02%             |  |  |  | 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        |   9497303 | NS      | $9497303.29   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet, Inc.                              | RadNet, Inc.                               | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |    341597 | NS      | $24372945.95  | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| Rambus, Inc.                              | Rambus, Inc.                               | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |    259122 | NS      | $23810720.58  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                        | RBC Bearings, Inc.                         | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    146116 | NS      | $65522797.88  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals, Inc.              | Rhythm Pharmaceuticals, Inc.               | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |    282279 | NS      | $30215144.16  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp.                          | Rocket Lab Corp.                           | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    283102 | NS      | $19749195.52  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                    | SPX Technologies, Inc.                     | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |    257154 | NS      | $51446229.24  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp.                     | GeneDx Holdings Corp., Class A             | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    217039 | NS      | $28228092.34  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                              | SiTime Corp.                               | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71388 | NS      | $25213527.72  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group, Inc.   | Skyward Specialty Insurance Group, Inc.    | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |    397092 | NS      | $20295372.12  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group, Inc.                     | StepStone Group, Inc., Class A             | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    795919 | NS      | $51074122.23  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure, Inc.             | Sterling Infrastructure, Inc.              | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |     49425 | NS      | $15135417.75  | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| Talen Energy Corp.                        | Talen Energy Corp.                         | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38058 | NS      | $14265660.72  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Tarsus Pharmaceuticals, Inc.              | Tarsus Pharmaceuticals, Inc.               | CUSIP: 87650L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66685 | NS      | $5460167.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                     | Texas Roadhouse, Inc., Class A             | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    119717 | NS      | $19873022.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies, Inc.                    | UFP Technologies, Inc.                     | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |     64697 | NS      | $14364674.91  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| VSE Corp.                                 | VSE Corp.                                  | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |    285558 | NS      | $49335855.66  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex, Inc.                              | Vertex, Inc., Class A                      | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |    309621 | NS      | $6183131.37   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| 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      |
| Waystar Holding Corp.                     | Waystar Holding Corp.                      | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    282333 | NS      | $9246405.75   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenon Pharmaceuticals, Inc.               | Xenon Pharmaceuticals, Inc.                | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Long             | EC               | CORP              | CA        |    322634 | NS      | $14460455.88  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Aritzia, Inc.                             | Aritzia, Inc.                              | CUSIP: 04045U102<br>LEI: 549300U83HKFRL1EX527 | Long             | EC               | CORP              | CA        |    595029 | NS      | $50873668.10  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group, Inc.        | Colliers International Group, Inc.         | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |    291689 | NS      | $42873001.97  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CES Energy Solutions Corp.                | CES Energy Solutions Corp.                 | CUSIP: 15713J104<br>LEI: 984500NF54914EB1B646 | Long             | EC               | CORP              | CA        |   2012647 | NS      | $17992188.77  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                           | Canadian Dollar                            | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CA        |        -0 | OU      | $-0.01        | -0.00%            |  |  |  | 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        |    326957 | NS      | $47045842.73  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Establishment Labs Holdings, Inc.         | Establishment Labs Holdings, Inc.          | CUSIP: N/A<br>LEI: 549300BCBQ714JNJ7V58       | Long             | EC               | CORP              | VG        |     94662 | NS      | $6898966.56   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                  | Fabrinet                                   | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | KY        |    104013 | NS      | $47355038.64  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd.                        | FTAI Aviation Ltd.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    130820 | NS      | $25751917.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Ltd.                               | Camtek Ltd.                                | CUSIP: N/A<br>LEI: 5493000H80W07HCKGS43       | Long             | EC               | CORP              | IL        |    274630 | NS      | $29205527.35  | 1.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Nova Ltd.                                 | Nova Ltd.                                  | CUSIP: N/A<br>LEI: 529900B2DSWE5V3SC292       | Long             | EC               | CORP              | IL        |    225684 | NS      | $74112368.76  | 2.62%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Putnam Funds Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer