63923 7/00
Prospectus Supplement
dated July 24, 2000 to:
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PUTNAM VOYAGER FUND
to Prospectuses dated November 30, 1999
The second paragraph under the heading "Who manages the fund?" is replaced
with the following:
The following officers of Putnam Management have had primary responsibility
for the day-to-day management of the fund's portfolio since the years
shown below. Their experience as portfolio managers or investment analysts
over at least the last five years is also shown.
Manager Since Experience
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Robert R. Beck 1995 1989-Present Putnam Management
Managing Director
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Roland W. Gillis 1995 1995-Present Putnam Management
Managing Director Prior to March 1995 Keystone Custodian
Funds, Inc
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Paul E. Marrkand 1999 1987-Present Putnam Management
Senior Vice President
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Michael P. Stack 1997 1997-Present Putnam Management
Senior Vice President Prior to Nov. 1997 Independence Investment
Associates Inc.
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Charles H. Swanberg 1994 1984-Present Putnam Management
Senior Vice President
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Kevin M. Divney 2000 1997-Present Putnam Management
Senior Vice President Prior to July 1997 Franklin Portfolio
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James C. Wiess 2000 2000-Present Putnam Management
Senior Vice President Prior to April 2000 J.P. Morgan
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