PUTNAM CONVERTIBLE INCOME GROWTH TRUST
NSAR-A, 1999-06-28
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<PAGE>      PAGE  1
000 A000000 04/30/99
000 C000000 0000081247
000 D000000 N
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000 F000000 Y
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000 J000000 A
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001 C000000 6172921000
002 A000000 ONE POST OFFICE SQUARE
002 B000000 BOSTON
002 C000000 MA
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008 B000001 A
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008 D030001 02109
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011 B000001 8-5088
011 C010001 BOSTON
011 C020001 MA
011 C030001 02109
012 A000001 PUTNAM INVESTOR SERVICES
012 B000001 84-401299
012 C010001 BOSTON
012 C020001 MA
012 C030001 02109
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 BOSTON
013 B020001 MA
<PAGE>      PAGE  2
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020 A000001 MERRILL LYNCH, PIERCE,FENNER & SMITH, INC.
020 B000001 13-5674085
020 C000001     85
020 A000002 SALOMON BROTHERS INC.
020 B000002 13-3082694
020 C000002     82
020 A000003 PRUDENTIAL SECURITIES
020 B000003 22-2347336
020 C000003     51
020 A000004 CREDIT SUISSE FIRST BOSTONNERE & SMITH, INC.
020 B000004 13-5659485
020 C000004     48
020 A000005 GOLDMAN SACHS & CO.
020 B000005 13-5108880
020 C000005     38
020 A000006 EDWARDS (A.G.) & SONS INC.
020 B000006 43-0895477
020 C000006     37
020 A000007 STANDARD & POORS SECURITIES, INC.
020 B000007 22-2294525
020 C000007     30
020 A000008 PAINEWEBBER INC.
020 B000008 13-2638166
020 C000008     21
020 A000009 MORGAN STANLEY INC.
020 B000009 13-2655998
020 C000009     17
020 A000010 ROYAL ALLIANCE ASSOCIATES, INC.
020 B000010 93-0987232
020 C000010     13
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022 C000001    987363
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<PAGE>      PAGE  3
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022 A000008 MORGAN (J.P.) SECURITIES INC.
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022 C000008     49428
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022 C000009     17036
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022 A000010 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
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<PAGE>      PAGE  6
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<PAGE>      PAGE  9
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SIGNATURE   PAUL BUCUVALAS
TITLE       MANAGING DIRECTOR


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

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Convertible-Income Growth Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS A

<S>                             <C>
<PERIOD-TYPE>                   SEMI
<FISCAL-YEAR-END>                          APR-30-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                    1,365,729,405
<INVESTMENTS-AT-VALUE>                   1,419,988,025
<RECEIVABLES>                               19,800,504
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         2,047,319
<TOTAL-ASSETS>                           1,441,835,848
<PAYABLE-FOR-SECURITIES>                    22,718,994
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,180,215
<TOTAL-LIABILITIES>                         26,899,209
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,277,371,481
<SHARES-COMMON-STOCK>                       51,581,523
<SHARES-COMMON-PRIOR>                       52,728,787
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                     (8,293,854)
<ACCUMULATED-NET-GAINS>                     91,600,392
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    54,258,620
<NET-ASSETS>                             1,414,936,639
<DIVIDEND-INCOME>                           14,522,310
<INTEREST-INCOME>                           16,709,816
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               7,729,697
<NET-INVESTMENT-INCOME>                     23,502,429
<REALIZED-GAINS-CURRENT>                    87,876,986
<APPREC-INCREASE-CURRENT>                   88,435,674
<NET-CHANGE-FROM-OPS>                      199,815,089
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (24,777,149)
<DISTRIBUTIONS-OF-GAINS>                  (95,643,215)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,446,419
<NUMBER-OF-SHARES-REDEEMED>                (9,171,146)
<SHARES-REINVESTED>                          5,577,463
<NET-CHANGE-IN-ASSETS>                      50,510,854
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  127,863,184
<OVERDISTRIB-NII-PRIOR>                      (240,540)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,947,565
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              7,872,967
<AVERAGE-NET-ASSETS>                     1,055,031,237
<PER-SHARE-NAV-BEGIN>                            20.04
<PER-SHARE-NII>                                    .35
<PER-SHARE-GAIN-APPREC>                           2.54
<PER-SHARE-DIVIDEND>                             (.48)
<PER-SHARE-DISTRIBUTIONS>                       (1.87)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.58
<EXPENSE-RATIO>                                    .48
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Convertible-Income Growth Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS B

<S>                             <C>
<PERIOD-TYPE>                   SEMI
<FISCAL-YEAR-END>                          APR-30-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                    1,365,729,405
<INVESTMENTS-AT-VALUE>                   1,419,988,025
<RECEIVABLES>                               19,800,504
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         2,047,319
<TOTAL-ASSETS>                           1,441,835,848
<PAYABLE-FOR-SECURITIES>                    22,718,994
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,180,215
<TOTAL-LIABILITIES>                         26,899,209
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,277,371,481
<SHARES-COMMON-STOCK>                       14,749,038
<SHARES-COMMON-PRIOR>                       14,603,784
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                     (8,293,854)
<ACCUMULATED-NET-GAINS>                     91,600,392
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    54,258,620
<NET-ASSETS>                             1,414,936,639
<DIVIDEND-INCOME>                           14,522,310
<INTEREST-INCOME>                           16,709,816
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               7,729,697
<NET-INVESTMENT-INCOME>                     23,502,429
<REALIZED-GAINS-CURRENT>                    87,876,986
<APPREC-INCREASE-CURRENT>                   88,435,674
<NET-CHANGE-FROM-OPS>                      199,815,089
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (5,949,061)
<DISTRIBUTIONS-OF-GAINS>                  (26,827,275)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,344,406
<NUMBER-OF-SHARES-REDEEMED>                (2,592,647)
<SHARES-REINVESTED>                          1,393,495
<NET-CHANGE-IN-ASSETS>                      50,510,854
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  127,863,184
<OVERDISTRIB-NII-PRIOR>                      (240,540)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,947,565
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              7,872,967
<AVERAGE-NET-ASSETS>                       296,651,072
<PER-SHARE-NAV-BEGIN>                            19.83
<PER-SHARE-NII>                                    .28
<PER-SHARE-GAIN-APPREC>                           2.51
<PER-SHARE-DIVIDEND>                             (.40)
<PER-SHARE-DISTRIBUTIONS>                       (1.87)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.35
<EXPENSE-RATIO>                                    .86
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Convertible-Income Growth Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS M

<S>                             <C>
<PERIOD-TYPE>                   SEMI
<FISCAL-YEAR-END>                          APR-30-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                    1,365,729,405
<INVESTMENTS-AT-VALUE>                   1,419,988,025
<RECEIVABLES>                               19,800,504
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         2,047,319
<TOTAL-ASSETS>                           1,441,835,848
<PAYABLE-FOR-SECURITIES>                    22,718,994
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,180,215
<TOTAL-LIABILITIES>                         26,899,209
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,277,371,481
<SHARES-COMMON-STOCK>                          857,385
<SHARES-COMMON-PRIOR>                          907,507
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                     (8,293,854)
<ACCUMULATED-NET-GAINS>                     91,600,392
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    54,258,620
<NET-ASSETS>                             1,414,936,639
<DIVIDEND-INCOME>                           14,522,310
<INTEREST-INCOME>                           16,709,816
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               7,729,697
<NET-INVESTMENT-INCOME>                     23,502,429
<REALIZED-GAINS-CURRENT>                    87,876,986
<APPREC-INCREASE-CURRENT>                   88,435,674
<NET-CHANGE-FROM-OPS>                      199,815,089
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (383,013)
<DISTRIBUTIONS-OF-GAINS>                   (1,669,288)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         73,066
<NUMBER-OF-SHARES-REDEEMED>                  (216,978)
<SHARES-REINVESTED>                             93,790
<NET-CHANGE-IN-ASSETS>                      50,510,854
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  127,863,184
<OVERDISTRIB-NII-PRIOR>                      (240,540)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,947,565
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              7,872,967
<AVERAGE-NET-ASSETS>                        18,140,267
<PER-SHARE-NAV-BEGIN>                            19.92
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                           2.53
<PER-SHARE-DIVIDEND>                             (.43)
<PER-SHARE-DISTRIBUTIONS>                       (1.87)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.45
<EXPENSE-RATIO>                                    .73
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Convertible-Income Growth Fund
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> CLASS Y

<S>                             <C>
<PERIOD-TYPE>                   SEMI
<FISCAL-YEAR-END>                          APR-30-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                    1,365,729,405
<INVESTMENTS-AT-VALUE>                   1,419,988,025
<RECEIVABLES>                               19,800,504
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         2,047,319
<TOTAL-ASSETS>                           1,441,835,848
<PAYABLE-FOR-SECURITIES>                    22,718,994
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,180,215
<TOTAL-LIABILITIES>                         26,899,209
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,277,371,481
<SHARES-COMMON-STOCK>                        1,736,527
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                     (8,293,854)
<ACCUMULATED-NET-GAINS>                     91,600,392
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    54,258,620
<NET-ASSETS>                             1,414,936,639
<DIVIDEND-INCOME>                           14,522,310
<INTEREST-INCOME>                           16,709,816
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               7,729,697
<NET-INVESTMENT-INCOME>                     23,502,429
<REALIZED-GAINS-CURRENT>                    87,876,986
<APPREC-INCREASE-CURRENT>                   88,435,674
<NET-CHANGE-FROM-OPS>                      199,815,089
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (446,520)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,851,218
<NUMBER-OF-SHARES-REDEEMED>                  (137,374)
<SHARES-REINVESTED>                             22,683
<NET-CHANGE-IN-ASSETS>                      50,510,854
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  127,863,184
<OVERDISTRIB-NII-PRIOR>                      (240,540)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,947,565
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              7,872,967
<AVERAGE-NET-ASSETS>                        32,928,712
<PER-SHARE-NAV-BEGIN>                            19.32
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                           1.20
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.58
<EXPENSE-RATIO>                                    .24
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


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