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PUTNAM DIVERSIFIED INCOME TRUST Prospectus Supplement dated October 24, 1994 to Prospectus dated February 1, 1994 The Trustees have approved a proposal to temporarily waive sales charges on Class A shares of the Fund for shareholders investing redemption proceeds received within the preceding ninety days from other front-end load funds (excluding other Putnam funds). This waiver is currently expected to apply through November 30, 1994. No commissions will be paid to brokers on such purchases.
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