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001 C000000 6172921562
002 A000000 ONE POST OFFICE SQUARE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003 000000 N
004 000000 N
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006 000000 N
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007 C010700 7
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008 B000001 A
008 C000001 801-7974
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011 B000001 8-5088
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012 B000001 84-401299
012 C010001 BOSTON
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<PAGE> PAGE 2
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020 A000001 PRUDENTIAL SECURITIES INC.
020 B000001 22-2347336
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020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 9
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SIGNATURE PAUL BUCUVALAS
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM Putnam High Income Convertible Bond Fund AND IS QUALIFIED IN IT
S ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END>
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<INVESTMENTS-AT-COST > 121,368,559 <INVESTMENTS-AT-VALUE> 125,725,354
<RECEIVABLES> 3,787,664
<ASSETS-OTHER> 642,963
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 130,155,981
<PAYABLE-FOR-SECURITIES> 1,346,549
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,292,957
<TOTAL-LIABILITIES> 2,639,506
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 123,587,494
<SHARES-COMMON-STOCK> 13,217,739
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??
</TABLE>
