Putnam International Value Fund Earns 2021 Refinitiv Lipper Fund Awards

BOSTON, March 12, 2021Putnam Investments announced today that Putnam International Value Fund has received 2021 Refinitiv Lipper Fund Awards for Best International Large-Cap Value Fund in the five-year and 10-year performance categories, recognizing the fund’s superior risk-adjusted long-term investment results compared to its peers.

“We are pleased to be celebrated by Refinitiv Lipper with these prestigious honors acknowledging the strong, long-term performance of Putnam International Value Fund,” said Robert L. Reynolds, Putnam Investments President and CEO. “Receiving these highly sought-after awards is a testament to Putnam’s talented investment professionals, who are dedicated to delivering consistently outstanding performance on behalf of our clients and fund shareholders.”

Putnam International Value Fund R6 (PIGWX) received an award as the top performer for the five-year period within the International Large-Cap Value Fund category, out of 33 funds. Putnam International Value Fund Y (PNGYX) was honored as the leading performer out of 29 funds for the 10-year period in the category.

Managed by Darren A. Jaroch and Lauren B. DeMore, Putnam International Value Fund pursues its goal of capital growth by seeking to benefit from broad exposure to established large-cap non-U.S. companies.

In addition to its Refinitiv Lipper Fund awards, Putnam International Value Fund Y (PNGYX) outperformed its benchmark MSCI EAFE Value Index for the one-, three-, five- and 10-year periods ended December 31, 2020.

Putnam Investments has built a reputation for its strong long-term active management performance beyond Putnam International Value Fund. In February 2021, Barron’s Best Fund Families of 2020 ranked Putnam as the third-best fund family (out of 44) for its performance over the past 10 years.

About the Refinitiv Lipper Fund Awards

Since 2006, the Lipper Fund Awards have annually recognized funds and fund management firms for their consistently strong risk-adjusted three-, five- and 10-year performance relative to their peers based upon Lipper’s quantitative, proprietary methodology. The awards are sponsored by Refinitiv, formerly the Financial and Risk business of Thomson Reuters and now part of LSEG (London Stock Exchange Group) a leading global financial markets infrastructure and data provider. For more information, visit www.lipperfundawards.com.

About Putnam Investments

Founded in 1937, Putnam Investments is a global money management firm with over 80 years of investment experience. At the end of February 2021, Putnam had $193 billion in assets under management. Putnam has offices in Boston, London, Frankfurt, Tokyo, Singapore and Sydney. For more information, visit www.putnam.com.