BOSTON, MA--(Marketwired - Jan 27, 2014) - The Trustees of The Putnam Funds have declared the following distributions.

         
   RECORD  PAYMENT
FUND NAME AND DISTRIBUTIONS  DATE  DATE
         
Putnam Retirement Income Fund Lifestyle 1 - Class A Shares (PRMAX)        
$0.0060 per share investment income   1/28/2014   1/30/2014