BOSTON, MA--(Marketwired - Jan 23, 2014) - The Trustees of The Putnam Funds declared the following distributions.

   RECORD/  PAYMENT
FUND NAME AND DISTRIBUTIONS  EX DATE  DATE
Putnam Emerging Markets Income Fund - Class B Shares (PEMHX)        
$0.0300 per share investments income   1/23/2014   1/27/2014
         
Putnam Emerging Markets Income Fund - Class C Shares (PEMJX)        
$0.0300 per share investments income   1/23/2014   1/27/2014
         
Putnam Emerging Markets Income Fund - Class M Shares (PEMKX)        
$0.0340 per share investments income   1/23/2014   1/27/2014
         
Putnam Emerging Markets Income Fund - Class Y Shares (PEMOX)        
$0.0380 per share investments income   1/23/2014   1/27/2014
         
Putnam High Yield Trust - Class B Shares (PHBBX)        
$0.0300 per share investment income   1/23/2014   1/27/2014
         
Putnam High Yield Trust - Class C Shares (PCHYX)        
$0.0300 per share investment income   1/23/2014   1/27/2014
         
Putnam High Yield Trust - Class M Shares (PHIMX)        
$0.0330 per share investment income   1/23/2014   1/27/2014
         
Putnam High Yield Trust - Class R Shares (PHDRX)        
$0.0330 per share investment income   1/23/2014   1/27/2014
         
Putnam High Yield Trust - Class Y Shares (PHYYX)        
$0.0370 per share investment income   1/23/2014   1/27/2014