Putnam Absolute Return 100/300 Fund reduces portfolio management team

By Toni Weeks

San Diego, Nov. 21 - Putnam Absolute Return 100/300 Fund announced that Rob A. Bloemker and Carl Bell are no longer portfolio managers for the fund, according to a 497K filing with the Securities and Exchange Commission.

D. William Kohli, Kevin Murphy, Michael Salm, Paul Scanlon and Raman Srivastava will remain as portfolio managers for the fund.

The fund's investment adviser is Putnam Investment Management, LLC, which has offices in Portland, Maine, Wellesley, Mass., and Portsmouth, N.H.

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