PUTNAM U S GOVERNMENT INCOME TRUST
NSAR-A, 1997-05-30
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<PAGE>      PAGE  1
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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SIGNATURE   PAUL BUCAVALAS                               
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam U.S. Government Income Fund
</LEGEND>
<SERIES>
   <NUMBER> 4
   <NAME> CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-END>                               MAR-31-1997
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<INVESTMENTS-AT-VALUE>                   3,593,219,939
<RECEIVABLES>                               34,443,315
<ASSETS-OTHER>                                  11,376
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           3,627,674,630
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                          140,979,623
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<NET-INVESTMENT-INCOME>                    119,553,798
<REALIZED-GAINS-CURRENT>                    13,607,638
<APPREC-INCREASE-CURRENT>                 (19,377,573)
<NET-CHANGE-FROM-OPS>                      113,783,863
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<PER-SHARE-GAIN-APPREC>                          (.04)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam U.S. Government Income Fund
</LEGEND>
<SERIES>
   <NUMBER> 4
   <NAME> CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                    3,629,511,707
<INVESTMENTS-AT-VALUE>                   3,593,219,939
<RECEIVABLES>                               34,443,315
<ASSETS-OTHER>                                  11,376
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           3,627,674,630
<PAYABLE-FOR-SECURITIES>                             0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam U.S. Government Income Fund
</LEGEND>
<SERIES>
   <NUMBER> 4
   <NAME> CLASS M
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
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<INVESTMENTS-AT-VALUE>                   3,593,219,939
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam U.S. Government Income Fund
</LEGEND>
<SERIES>
   <NUMBER> 4
   <NAME> CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
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</TABLE>


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