PUTNAM INCOME FUND
NSAR-A, EX-27, 2000-06-28
OIL ROYALTY TRADERS
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Income Fund
</LEGEND>
<SERIES>
   <NUMBER> 5
   <NAME> CLASS A

<S>                             <C>
<PERIOD-TYPE>                   SEMI
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                    3,073,092,917
<INVESTMENTS-AT-VALUE>                   2,880,305,823
<RECEIVABLES>                              184,198,848
<ASSETS-OTHER>                               1,461,469
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           3,065,966,140
<PAYABLE-FOR-SECURITIES>                   104,654,399
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  117,373,513
<TOTAL-LIABILITIES>                        222,027,912
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 3,237,204,673
<SHARES-COMMON-STOCK>                      154,906,113
<SHARES-COMMON-PRIOR>                      180,075,908
<ACCUMULATED-NII-CURRENT>                      677,531
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                 (207,510,735)
<ACCUM-APPREC-OR-DEPREC>                 (186,433,241)
<NET-ASSETS>                             2,843,938,228
<DIVIDEND-INCOME>                            1,309,066
<INTEREST-INCOME>                          121,399,186
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              18,051,245
<NET-INVESTMENT-INCOME>                    104,657,007
<REALIZED-GAINS-CURRENT>                  (62,412,706)
<APPREC-INCREASE-CURRENT>                 (41,162,008)
<NET-CHANGE-FROM-OPS>                        1,082,293
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (34,875,395)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     26,422,083
<NUMBER-OF-SHARES-REDEEMED>               (55,932,237)
<SHARES-REINVESTED>                          4,340,359
<NET-CHANGE-IN-ASSETS>                   (655,752,466)
<ACCUMULATED-NII-PRIOR>                         85,462
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>               (145,098,029)
<GROSS-ADVISORY-FEES>                        8,118,228
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             18,484,122
<AVERAGE-NET-ASSETS>                     1,060,517,280
<PER-SHARE-NAV-BEGIN>                             6.44
<PER-SHARE-NII>                                    .21
<PER-SHARE-GAIN-APPREC>                          (.20)
<PER-SHARE-DIVIDEND>                             (.21)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.24
<EXPENSE-RATIO>                                    .47
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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