PUTNAM INCOME FUND
Prospectus Supplement dated May 1, 1995
to Prospectuses dated March 1, 1995
Kenneth J. Taubes, Rosemary H. Thomsen, and D. William Kohli,
each of whom is a Senior Vice President of Putnam Management and
Vice President of the Fund, have had primary responsibility for
the day-to-day management of the Fund's portfolio since 1993,
1993 and 1994, respectively. Mr. Taubes has been employed by
Putnam Management since 1991. Prior to 1991, Mr. Taubes was
Senior Vice President of the Finance Division of U.S. Trust
Company. Ms. Thomsen has been employed by Putnam Management
since 1986. Mr. Kohli has been employed by Putnam Management
since September, 1994. Prior to September, 1994, Mr. Kohli was
Executive Vice President, and Co-Director of Global Bond
Management and, prior to October, 1993, Senior Portfolio Manager,
at Franklin Advisors/Templeton Investment Counsel.
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