PUTNAM FUNDS TRUST
497J, 1998-02-19
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VIA EDGAR

                              February 19, 1998

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549

RE:  Putnam Funds Trust (the "Trust") (Reg. No. 33-3315)    
     (811-07513)

Ladies and Gentlemen:

     Pursuant to Rule 497(j) under the Securities Act of 1933, as
amended, the Trust hereby certifies that the form of prospectus
and Statement of Additional Information that would have been
filed on behalf of Putnam Investment Fund 98, as series of the
Trust, pursuant to Rule 497(c) upon the effectiveness of Post-
Effective Amendment No. 13 to the Fund's Registration Statement
on Form N-1A (the "Amendment") would not have differed from that
contained in the Amendment, which is the most recent amendment to
such Registration Statement and was filed electronically on
February 13, 1998.

      Comments or questions concerning this certificate may be
directed to Carol Gould at 1-800-225-2465, ext. 11107.

                              Very truly yours,

                                   
                              Putnam  Fund

                              /s/ Gordon H. Silver
                         By:  ----------------------------------
                              Gordon H. Silver
                              Vice President


cc:  Bryan Chegwidden, Esq.


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