PUTNAM TAX FREE INCOME TRUST /MA/
NSAR-B, EX-27, 2000-09-27
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Tax-Free High Yield Fund
</LEGEND>
<SERIES>
   <NUMBER> 4
   <NAME> CLASS A

<S>                             <C>
<PERIOD-TYPE>                   ANNUAL
<FISCAL-YEAR-END>                          JUL-31-2000
<PERIOD-END>                               JUL-31-2000
<INVESTMENTS-AT-COST>                    1,581,894,853
<INVESTMENTS-AT-VALUE>                   1,556,925,773
<RECEIVABLES>                               27,832,150
<ASSETS-OTHER>                               1,662,739
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,586,420,662
<PAYABLE-FOR-SECURITIES>                     4,898,285
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    7,817,181
<TOTAL-LIABILITIES>                         12,715,466
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,708,424,572
<SHARES-COMMON-STOCK>                       84,010,481
<SHARES-COMMON-PRIOR>                       81,918,713
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (10,682)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                 (109,794,589)
<ACCUM-APPREC-OR-DEPREC>                  (24,914,105)
<NET-ASSETS>                             1,573,705,196
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                          116,393,247
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              17,770,598
<NET-INVESTMENT-INCOME>                     98,622,649
<REALIZED-GAINS-CURRENT>                  (12,962,114)
<APPREC-INCREASE-CURRENT>                (100,449,900)
<NET-CHANGE-FROM-OPS>                     (14,789,365)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (68,370,451)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     21,175,407
<NUMBER-OF-SHARES-REDEEMED>               (21,728,411)
<SHARES-REINVESTED>                          2,644,772
<NET-CHANGE-IN-ASSETS>                   (354,101,541)
<ACCUMULATED-NII-PRIOR>                        710,692
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (96,699,849)
<GROSS-ADVISORY-FEES>                        9,460,007
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             18,077,640
<AVERAGE-NET-ASSETS>                     1,138,043,140
<PER-SHARE-NAV-BEGIN>                            14.13
<PER-SHARE-NII>                                    .80
<PER-SHARE-GAIN-APPREC>                          (.85)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.81)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.27
<EXPENSE-RATIO>                                    .86
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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