Putnam Short Term Municipal income Fund (NC7) (0080) Incorporations by Reference for periods 11/30/14 5/31/15 1. Sub Management Contract between Putnam Investment Management, LLC and Putnam Investments Limited dated February 27, 2014 schedule A dated...

▇▇▇▇▇▇ Short Term Municipal income Fund (NC7) (0080)
Incorporations by Reference for periods 11/30/14 5/31/15

1.  Sub Management Contract between ▇▇▇▇▇▇ Investment Management,
LLC
and ▇▇▇▇▇▇ Investments Limited dated February 27, 2014 schedule A
dated November 20, 2014    Incorporated by reference to Post
Effective
Amendment No. 210 to the Registrants Registration Statement filed
on
May 26, 2015.