[Translation]
Semi-annual Report
(including the amendment filed on July 1, 1998)
(During the Fourth Term)
From: October 1, 1997
To: March 31, 1998
AMENDMENT TO SECURITIES REGISTRATION STATEMENT
PUTNAM DIVERSIFIED INCOME TRUST
Semi-annual Report
(including the amendment filed on July 1, 1998)
(During the Fourth Term)
From: October 1, 1997
To: March 31, 1998
PUTNAM DIVERSIFIED INCOME TRUST
Semi-annual Report
(During the Fourth Term)
From: October 1, 1997
To: March 31, 1998
To: Minister of Finance
Filing Date: June 30, 1998
(including the amendment filed
on July 1, 1998)
Name of the Registrant Trust: PUTNAM DIVERSIFIED INCOME
TRUST
Name and Official Title of Trustees: George Putnam
William
F. Pounds
Jameson
A. Baxter
Hans H.
Estin
John A.
Hill
Ronald
J. Jackson
Paul L.
Joskow
Elizabeth T. Kennan
Lawrence J. Lasser
John H.
Mullin, III
Robert
E. Patterson
Donald
S. Perkins
George
Putnam, III
A.J.C.
Smith
W.
Thomas Stephens
W.
Nicholas Thorndike
Address of Principal Office: One Post Office Square
Boston,
Massachusetts 02109
U. S.
A.
Name and Title of Registration Agent: Harume Nakano
Attorney-at-Law
Signature [Harume Nakano]
(Seal)
Ken
Miura
Attorney-at-Law
Signature [Ken Miura]
(Seal)
Address or Place of Business Kasumigaseki Building,
25th Floor
2-5,
Kasumigaseki 3-chome
Chiyoda-
ku, Tokyo
Name of Liaison Contact: Harume Nakano
Ken
Miura
Attorneys-at-Law
Place of Liaison Contact: Hamada & Matsumoto
Kasumigaseki Building, 25th
Floor
2-5,
Kasumigaseki 3-chome
Chiyoda-
ku, Tokyo
Phone Number: 03-3580-3377
- ii -
Places where a copy of this Semi-annual Report
is available for Public Inspection
Not applicable.
(Total number of pages of this Semi-annual Report in Japanese
is
53 including front and back pages.)
C O N T E N T S
This
EnglishJapane
se
translationOr
iginal
I. STATUS OF INVESTMENT FUND
(1) Diversification of Investment Portfolio 1 1
(2) Results of Past Operations 2 3
(a) Record of Changes in Net Assets 2 3
(b) Record of Distributions Paid 2 3
(3) Record of Sales and Repurchases 3 4
II. OUTLINE OF THE TRUST
1. Trust 4 5
(1) Amount of Capital Stock 4 5
(2) Information Concerning Major Shareholders 4 5
(3) Information Concerning Directors, Officers and
Employees 45
(4) Description of Business and Outline of Operation 7
8
(5) Miscellaneous 7 8
2. Putnam Investment Management, Inc.
(Investment Management Company) 7 8
(1) Amount of Capital Stock 7 8
(2) Information Concerning Major Shareholders 7 9
(3) Information Concerning Officers and Employees 8
9
(4) Summary of Business Lines and Business Operation 19
19
(5) Miscellaneous 33 40
III. OUTLINE OF THE FINANCIAL STATUS OF THE FUND 33
41
IV. OUTLINE OF THE FINANCIAL STATUS OF THE
INVESTMENT MANAGEMENT COMPNAY 33 82
I. STATUS OF INVESTMENT FUND
(1) Diversification of Investment Portfolio
5. Status of the
Invesment Fund
(A)
Diversification of
Investment Fund:
139 (As of the
end of
May, 1998)
Types of Assets Name of Total Investment
Country U.S. Ratio (%)
Dollars
Corporate Bonds United 1,822,008, 32.65
States 495
Mexico 71,823,829 1.29
United 48,940,081 0.88
Kingdom
Canada 47,294,513 0.85
Indonesi 30,808,500 0.55
a
Luxembou 17,994,375 0.32
rg
Bermuda 16,755,795 0.30
Columbia 12,775,100 0.23
Japan 12,012,795 0.22
Brazil 11,351,100 0.20
India 8,490,450 0.15
Argentin 7,366,300 0.13
a
China 7,167,500 0.13
Germany 6,008,500 0.11
Korea 4,439,180 0.08
Greece 4,249,025 0.08
Sweden 2,659,588 0.05
Ireland 2,368,000 0.04
Switzerl 2,363,800 0.04
and
Poland 2,171,476 0.04
Australi 1,592,125 0.03
a
Ecuador 1,332,800 0.02
Netherla 478,500 0.01
nds
Sub-total 2,142,451, 38.40
827
U.S. Government United 1,248,389, 22.38
Obligations States 355
0.00
Foreign Government United 381,626,50 6.84
Bonds Kingdom 9
Germany 139,024,76 2.49
1
Russia 58,843,179 1.06
South 51,353,145 0.92
Africa
Panama 33,849,200 0.61
Korea 11,148,038 0.20
Denmark 155,638 0.00
Peru
Sub-total 676,000,47 12.12
0
Collateralized United 569,690,43 10.21
Mortgage States 1
Obligations
0.00
Brady Bonds Mexico 98,354,650 1.76
Argentin 71,655,248 1.29
a
Brazil 55,563,762 1.00
Bulgaria 50,310,000 0.90
Peru 37,382,975 0.67
Philippi 30,350,190 0.54
nes
Venezuel 22,130,938 0.40
a
France 4,085,854 0.07
Sub-total 369,833,61 6.63
7
Short-term United 254,308,61 4.56
States 9
Turkey 29,448,358 0.53
Russia 23,603,930 0.42
Sub-total 307,360,90 5.51
7
Preferred Stock United 143,418,00 2.57
States 0
Canada 19,845,030 0.35
Germany 2,090,000 0.04
Sub-total 165,353,03 2.96
0
Units United 114,910,58 2.06
States 7
Columbia 18,548,550 0.33
Australi 148,000 0.00
a
Sub-total 133,607,13 2.39
7
Convertile Bonds United 43,974,243 0.79
States
United 4,363,925 0.08
Kingdom
Sub-total 48,338,168 0.87
Common Stock United 36,407,750 0.65
States
Columbia 1,339,011 0.03
Sub-total 37,746,761 0.68
Asset-Backed United 33,734,566 0.60
Securities States
Warrants United 15,471,140 0.27
States
Columbia 868,000 0.02
Ireland 112,000 0.00
Sub-total 16,451,140 0.29
Convertible United 1,159,660 0.02
Preferred Stocks States
Cash, Deposit and - -3.07
Other Assets 171,037,33
(After deduction 6
of liabilities)
Total 5,579,079, 100.00
733
(Net Asset (Yen775,49
Value) 2 million)
Note 1: Investment ratio is calculated by dividing each
asset at its market value by the total Net Asset
Value of the Fund. The same applies hereinafter.
Note 2: Dollar amount is translated for convenience at
the rate of $1.00=Yen139.00 (the mean of the
exchange rate quotations by The Bank of Tokyo-
Mitsubishi, Ltd. for buying and selling spot dollars
by telegraphic transfer against yen on 29th May,
1998). The same applies hereinafter.
Note 3: In this document, money amounts and percentages
have been rounded. Therefore, there are cases in
which the amount of the "total column" is not equal
to the aggregate amount. Also, translation into yen
is made simply by multiplying the corresponding
amount by the conversion rate specified and rounded
up when necessary. As a result, in this document,
there are cases in which Japanese yen figures for
the same information differ from each other.
(B) Results of Past Operations
(1) Record of Changes in Net Assets (Class M Shares)
Record of changes in net assets at the end of June
1997 to May 1998 is as follows:
(2)Record of Distributions Paid
Record of distribution paid from June 1997 to May 1998
are as follows:
(3) Record of Sales and Repurchases
Record of sales and repurchases during the following
period and number of outstanding Class M shares of the Fund as
of the end of May 1998 are as follows:
Number of Number of Number of
Shares Sold Shares Outstanding
Repurchased Shares
From: June 1, 91,807,491 6,089,006 92,382,931
1997 (89,702,110) (4,012,120) (85,689,990)
To: May
31, 1998
Note: The number of Shares sold, repurchased and
outstanding in the parentheses represents those sold,
repurchased and outstanding in Japan.
II. OUTLINE OF THE TRUST
1. Trust
(1) Amount of Capital Stock
Not applicable.
(2) Information Concerning Major Shareholders
Not applicable.
(3) Information Concerning Directors, Officers and Employees
(1) Trustees and Officers of the Trust
(as of May, 1998)
Shares
Name Office and Resume Owned
Title
George Putnam Chairman and present: Chairman and
President Director of 5,627.558
Putnam Management
and Putnam Mutual
Funds Corp.
Director, Marsh &
McLennan
Companies, Inc.
William F. Vice present: Professor of
Pounds Chairman Management, 960.354
Alfred P. Sloan
School of
Management,
Massachusetts
Institute of
Technology
Jameson Adkins Trustee present: President,
Baxter Baxter 390.482
Associates, Inc.
Hans H. Estin Trustee present: Vice Chairman,
North American 230.212
Management Corp.
John A. Hill Trustee present: Chairman and
Managing 1,061.152
Director, First
Reserve
Corporation
Ronald J. Trustee present: Former
Jackson Chairman, 473.513
President and
Chief Executive
Officer of Fisher-
Price, Inc.,
Trustee of Salem
Hospital and the
Peabody Essex
Museum
Paul L. Joskow Trustee present: Professor of
Economics and 243.517
Management and
former Head of
the Department of
Economics at the
Massachusetts
Institute of
Technology
Director, New
England Electric
System, State
Farm Indemnity
Company and
Whitehead
Institute for
Biomedical
Research
Elizabeth T. Trustee present: President
Kennan Emeritus and 298.809
Professor, Mount
Holyoke College
Lawrence J. Trustee and present: President,
Lasser Vice Chief Executive 140.228
President Officer and
Director of
Putnam
Investments, Inc.
and Putnam
Management
Director, Marsh &
McLennan
Companies, Inc.
John H. Trustee present: Chairman and
Mullin, III Chief Executive 412.432
Offficer of
Ridgeway Farm,
Director of ACX
Technologies,
Inc., Alex. Brown
Realty, Inc. and
The Liberty
Corporation
Robert E. Trustee present: President and
Patterson Trustee of Cabot 550.196
Industrial Trust
and Trustee of
Sea Education
Association
Donald S. Trustee present: Director of
Perkins various 3,286.294
corporations,
including Cummins
Engine Company,
Lucent
Technologies,
Inc., Nanophase
Technologies,
Inc. and Springs
Industries, Inc.
George Putnam, Trustee present: President, New
III Generation 1,494.580
Research, Inc.
A.J.C. Smith Trustee present: Chairman and
Chief Executive 225.467
Officer, Marsh &
McLennan
Companies, Inc.
W. Thomas Trustee present: President and
Stephens Chief Executive 107.661
Officer of
MacMillian
Bloedel, Ltd.
Director of Qwest
Communications
and New Century
Energies
W. Nicholas Trustee present: Director of
Thorndike various 150.484
corporations and
charitable
organizations,
including Data
General
Corporation,
Bradley Real
Estate, Inc. and
Providence
Journal Co.
Trustee of Cabot
Industrial Trust,
Massachusetts
General Hospital
and Eastern
Utilities
Associations
Charles E. Executive present: Managing 0
Porter Vice Director of
President Putnam
Investments, Inc.
and Putnam
Management
Patricia C. Senior Vice present: Senior Vice 0
Flaherty President President of
Putnam
Investments, Inc.
and Putnam
Management
William N. Vice present: Director and
Shiebler President Senior Managing 1,451.426
Director of
Putnam
Investments, Inc.
President and
Director of
Putnam Mutual
Funds
Gordon H. Vice present: Director and 0
Silver President Senior Managing
Director of
Putnam
Investments, Inc.
and Putnam
Management
John D. Hughes Vice present Senior Vice 0
President President of
and Putnam Management
Treasurer
Beverly Marcus Clerk and N/A 0
Assistant
Treasurer
Ian C. Vice present Senior 0
Ferguson President Managing Director
of Putnam
Management
John R. Verani Vice present Senior Vice 0
President President of
Putnam
Investments, Inc.
and Putnam
Management
David L. Vice present: Managing 0
Waldman President Director of
Putnam Management
William J. Vice present Managing 0
Curtin President Director of
Putnam
Investments, Inc.
and Putnam
Management
Jennifer E. Vice present Managing 0
Leichter President Director of
Putnam Management
Robert M. Vice present: SeniorVice 0
Paine President President of
Putnam Management
D. William Vice present: Managing 0
Kohli President Director of
Putnam
Investments, Inc.
and Putnam
Management
Michael Vice present: Managing 0
Martino President Director of
Putnam Management
Gail S. Vice present: SeniorVice 0
Attridge President President of
Putnam Management
Paul G. Assistant present: N/A 0
Bucuvalas Treasurer
Mary A. Eaton Associate present: N/A 0
Treasurer
and
Assistant
Clerk
Judith Cohen Associate present: N/A 0
Treasurer
and
Assistant
Clerk
Katharine Senior present: N/A 0
Howard Associate
Treasurer
Wanda M. Assistant present: N/A 0
McManus Clerk
Joanne M. Assistant present: N/A 0
Neary Clerk
(2) Employees of the Trust
The Trust does not have any employees.
(4) Description of Business and Outline of Operation
The Trust may carry out any administrative and
managerial act, including the purchase, sale,
subscription and exchange of any securities, and the
exercise of all rights directly or indirectly pertaining
to the Fund's assets. The Trust has retained Putnam
Investment Management, Inc., the investment adviser, to
render investment advisory services and Putnam Fiduciary
Trust Company, to hold the assets of the Fund in custody
and act as Investor Servicing Agent.
(5) Miscellaneous
There has been, or is, no litigation or fact which
had or would have, a material effect on the Trust during
the six months before the filing of this report.
2. Putnam Investment Management, Inc. (Investment Management
Company)
(1) Amount of Capital Stock (as of the end of May, 1998)
1. Amount of Capital (issued capital stock at par
value):
Common Stock 1,000 shares at $1 par value
2. Number of authorized shares of capital stock:
Common Stock 1,000 shares
3. Number of outstanding shares of capital stock:
Common Stock 1,000 shares
4. Amount of capital (for the purposes of this Item,
"Amount of Capital" means total stockholders' equity
for the past five years:
Amount of Capital
Year (Total Stockholders' Equity)
End of 1993 $49,847,760
End of 1994 $48,149,491
End of 1995 $45,521,351
End of 1996 $45,817,658
End of 1997 $48,617,160
(2) Information Concerning Major Stockholders
As of the end of May, 1998, all the outstanding shares of
capital stock of Investment Management Company were owned
by Putnam Investments, Inc. See subsection D above.
(3) Information Concerning Officers and Employees
The following table lists the names of various officers
and directors of Investment Management Company and their
respective positions with Investment Management Company.
For each named individual, the table lists: (i) any other
organizations (excluding other Investment Management
Company's funds) with which the officer and/or director
has recently had or has substantial involvement; and (ii)
positions held with such organization:
List of Officers and Directors of Putnam Investment
Management, Inc.
Position
with Putnam
Name Investment Other Business Affiliation
Management,
Inc.
Putnam, Chairman Director of Putnam Mutual
George Funds Corp.
Lasser, President
Lawrence J. and Director
Silver, Director and Director of Putnam Fiduciary
Gordon Senior Trust Company, Senior
Managing Administrative Officer and
Director Senior Managing Director of
Putnam Mutual Funds Corp.
Burke, Senior Senior Managing Director of
Robert W. Managing Putnam Mutual Funds Corp.
Director
Collman, Senior Senior Managing Director of
Kathleen M. Managing Putnam Mutual Funds Corp.
Director
Ferguson, Senior
Ian C. Managing
Director
Regan, Senior
Anthony W. Managing
Director
Spiegel, Director and Senior Managing Director of
Steven Senior Putnam Mutual Funds Corp.
Managing
Director
Anderson, Managing
Blake E. Director
Antill, Managing
Jennifer Director
Beck, Managing
Robert R. Director
Bogan, Managing
Thomas R. Director
Browchuk, Managing
Brett Director
Cassaro, Managing
Jeseph A. Director
Cotner, C. Managing
Beth Director
Cronin, Managing Managing Director of Putnam
Kevin M. Director Fiduciary Trust Company
Curtin, Managing
William J. Director
D'Alelio, Managing
Edward H. Director
Daly, Managing Managing Director of Putnam
Kenneth L. Director Mutual Funds Corp.
DeTore, Managing Managing Director of Putnam
John A. Director Fiduciary Trust Company
Durgarian, Managing
Karnig H. Director
Esteves, Managing Treasurer and CFO of Putnam
Irene M. Director Fiduciary Trust Company
Gillis, Managing
Roland Director
Haslett, Managing
Thomas R. Director
Hurley, Managing Managing Director and CFO of
William J. Director Putnam Mutual Funds Corp.
Jacobs, Managing
Jerome J. Director
Joseph, Managing
Joseph P. Director
Kamshad, Managing
Omid Director
King, David Managing
L. Director
Kohli, D. Managing
William Director
Kreisel, Managing
Anthony I. Director
Kuenstner, Managing
Deborah F. Director
Landes, Managing
William J. Director
Leichter, Managing
Jennifer Director
Maloney, Managing
Kevin J. Director
Martino, Managing Managing Director of Putnam
Michael Director Fiduciary Trust Company
Maxwell, Managing
Scott M. Director
McGue, Managing
William F. Director
McMullan, Managing
Carol C. Director
Miller, Managing
Daniel L. Director
Morgan Jr., Managing Managing Director of Putnam
John J. Director Fiduciary Trust Company
O'Donnell Managing
Jr., C. Director
Patrick
Peacher, Managing
Stephen C. Director
Porter, Managing
Charles E. Director
Reilly, Managing
Thomas V. Director
Schultz, Managing Managing Director of Putnam
Mitchell D. Director Mutual Funds Corp.
Scott, Managing Managing Director of Putnam
Justin M. Director Fiduciary Trust Company
Shadek Jr., Managing
Edward T. Director
Starr, Managing Managing Director of Putnam
Loren Director Mutual Funds Corp.
Swift, Managing
Robert Director
Talanian, Managing Managing Director of Putnam
John C. Director Mutual Funds Corp.
Tibbetts, Managing Managing Director of Putnam
Richard B. Director Mutual Funds Corp.
Waldman, Managing
David L. Director and
Chief
Financial
Officer
Wetlaufer, Managing Managing Director of Putnam
Eric Director Mutual Funds Corp.
Woolverton, Managing Managing Director of Putnam
William H. Director Mutual Funds Corp.
Zieff, Managing
William E. Director
Arends, Senior Vice Senior Vice President of
Michael K. President Putnam Mutual Funds Corp.
Asher, Senior Vice Senior Vice President of
Steven E. President Putnam Mutual Funds Corp.
and Senior Vice President of
Putnam Fiduciary Trust
Company
Atkin, Senior Vice
Michael J. President
Attridge, Senior Vice Senior Vice President of
Gail S. President Putnam Fiduciary Trust
Company
Agustine, Senior Vice
Jeffrey B. President
Bakshi, Senior Vice
Manjit S. President
Bamford, Senior Vice
Dolores President
Snyder
Baumbach, Senior Vice
Robert K. President
Berka, Senior Vice Senior Vice President of
Sharon A. President Putnam Mutual Funds Corp.
Blaisdell, Senior Vice
Geoffrey C. President
Boselli, Senior Vice
John A. President
Bousa, Senior Vice
Edward P. President
Bresnahan, Senior Vice Senior Vice President of
Leslee R. President Putnam Mutual Funds Corp.
Burke, Senior Vice
Andrea President
Burns, Senior Vice
Cheryl A. President
Byrne, Senior Vice
Joshua L. President
Callahan, Senior Vice
Ellen S. President
Carlson, Senior Vice
David G. President
Chapman, Senior Vice
Susan President
Chrostowski Senior Vice Senior Vice President of
, Louis F. President Putnam Mutual Funds Corp.
Curran, Senior Vice Senior Vice President of
Peter J. President Putnam Mutual Funds Corp.
Dalferro, Senior Vice
John R. President
Danoff, Ami Senior Vice
K. President
Derbyshire, Senior Vice Senior Vice President of
Ralph C. President Putnam Fiduciary Trust
Company
England, Senior Vice
Richard B. President
Eurkus, Senior Vice
David J. President
Farrell, Senior Vice Senior Vice President of
Deborah S. President Putnam Mutual Funds Corp.
Finch, Ted Senior Vice
President
Fitzgerald, Senior Vice
Michael T. President
Flaherry, Senior Vice Senior Vice President of
Patricia C. President Putnam Mutual Funds Corp.
Fontana, Senior Vice
Forrest N. President
Francis, Senior Vice
Jonathan H. President
Frucci, Senior Vice Senior Vice President of
Richard M. President Putnam Fiduciary Trust
Company
Fullerton, Senior Vice Senior Vice President of
Brian J. President Putnam Mutual Funds Corp.
Grant, Senior Vice Senior Vice President of
Peter J. President Putnam Fiduciary Trust
Company
Graviere, Senior Vice
Patrice President
Grim, Senior Vice
Daniel J. President
Haagensen, Senior Vice
Paul E. President
Hadden, Senior Vice
Peter J. President
Halperin, Senior Vice
Matthew C. President
Healey, Senior Vice
Deborah R. President
Holding, Senior Vice
Pamela President
Hotchkiss, Senior Vice
Michael F. President
Kay, Karen Senior Vice Clerk, Director and Senior
R. President Vice President of Putnam
Fiduciary Trust Company and
Senior Vice President of
Putnam Mutual Funds Corp.
Kirson, Senior Vice
Steven L. President
Knight, Senior Vice
Jeffrey L. President
Kobylarz, Senior Vice
Jeffrey J. President
Koontz, Senior Vice Senior Vice President of
Jill A. President Putnam Mutual Funds Corp.
Korn, Karen Senior Vice
R. President
Lannum III, Senior Vice
Coleman N. President
Lindsey, Senior Vice
Jeffrey R. President
Lomba, Senior Vice
Rufino R. President
Lukens, Senior Vice
James W. President
MacElwee, Senior Vice
Elizabeth President
M.
Madore, Senior Vice Senior Vice President of
Robert A. President Putnam Fiduciary Trust
Company
Malloy, Senior Vice
Julie M. President
Manning, Senior Vice
Howard K. President
Marrkand, Senior Vice
Paul E. President
Matteis, Senior Vice
Andrew S. President
McAuley, Senior Vice
Alexander President
J.
McDonald, Senior Vice
Richard E. President
Meehan, Senior Vice
Thalia President
Mehta, Senior Vice
Sandeep President
Mikami, Senior Vice
Darryl K. President
Miller, Senior Vice
William H. President
Minn, Seung Senior Vice
H. President
Mockard, Senior Vice
Jeanne L. President
Morgan, Senior Vice
Kelly A. President
Mufson, Senior Vice
Michael J. President
Mullen, Senior Vice Senior Vice President of
Donald E. President Putnam Mutual Funds Corp.
Mullin, Senior Vice
Hugh H. President
Netols, Senior Vice Senior Vice President of
Jeffrey W. President Putnam Fiduciary Trust
Company
Oler, Senior Vice
Stephen S. President
Paine, Senior Vice
Robert M. President
Parker, Senior Vice
Margery C. President
Perry, Senior Vice
William President
Peters, Senior Vice
Carmel President
Plapinger, Senior Vice Senior Vice President of
Keith President Putnam Mutual Funds Corp.
Pohl, Senior Vice
Charles G. President
Polland, Senior Vice
Mark D. President
Prusko, Senior Vice Senior Vice President of
James M. President Putnam Fiduciary Trust
Company
Quinton, Senior Vice
Keith P. President
Quistberg, Senior Vice
Paul T. President
Ray, Senior Vice
Christophe President
r A.
Reeves, Senior Vice
William H. President
Rosalanko, Senior Vice
Thomas J. President
Ruys de Senior Vice Senior Vice President of
Perez, President Putnam Fiduciary Trust
Charles A. Company and Senior Vice
President of Putnam Mutual
Funds Corp.
Santos, Senior Vice Senior Vice President of
David J. President Putnam Fiduciary Trust
Company
Santosus, Senior Vice
Anthony C. President
Schwister, Senior Vice Senior Vice President of
Jay E. President Putnam Fiduciary Trust
Company
Scordato, Senior Vice Senior Vice President of
Christine President Putnam Mutual Funds Corp.
A.
Senter, Senior Vice
Max S. President
Silk, Senior Vice
David M. President
Simon, Senior Vice
Sheldon N. President
Simozar, Senior Vice
Saied President
Smith Jr., Senior Vice
Leo J. President
Smith, Senior Vice
Margaret President
D.
Spatz, Senior Vice
Erin J. President
Stack, Senior Vice Senior Vice President of
Michael P. President Putnam Mutual Funds Corp.
Stairs, Senior Vice
George W. President
Storkerson Senior Vice Senior Vice President of
, John K. President Putnam Fiduciary Trust
Company
Strumpf, Senior Vice
Casey President
Sullivan, Senior Vice
Roger R. President
Svensson, Senior Vice
Lisa H. President
Swanberg, Senior Vice
Charles H. President
Thomas, Senior Vice
David K. President
Thomsen, Senior Vice Senior Vice President of
Rosemary President Putnam Fiduciary Trust
H. Company
Till, Senior Vice
Hilary F. President
Troped, Senior Vice Senior Vice President of
Bonnie L. President Putnam Mutual Funds Corop.
Tumer, Senior Vice
Virginia President
M.
Van Vleet, Senior Vice .
Charles C. President
Verani, Senior Vice Senior Vice President of
John R. President Putnam Fiduciary Trust
Company and Senior Vice
President of Putnam Mutal
Funds Corp.
Walsh, Senior Vice
Francis P. President
Warren, Senior Vice
Paul C. President
Weinstein, Senior Vice
Michael R. President
Weiss, Senior Vice
Manuel President
Whalen, Senior Vice Senior Vice President of
Edward F. President Putnam Mutual Funds Corp.
Wheeler, Senior Vice
Diane D.F. President
Wyke, Senior Vice
Richard P. President
Yogg, Senior Vice
Michael R. President
Zukowski, Senior Vice
Gerald S. President
(4) Summary of Business Lines and Business Operation
Investment Management Company is engaged in the business
of providing investment management and investment
advisory services to mutual funds. As of the end of May,
1998, Investment Management Company managed, advised,
and/or administered the following111 funds and fund
portfolios (having an aggregate net asset value of
approximately $205 billion):
(5) Miscellaneous
There has been, or is, no litigation or fact which caused
or would cause, a material effect on the Fund and/or the
Investment Management Company during the six months
before the filing of this report.
III. OUTLINE OF THE FINANCIAL STATUS OF THE FUND
[Translation of Unaudited Semi-annual Accounts will be
attached.]
IV. OUTLINE OF THE FINANCIAL STATUS OF THE INVESTMENT
MANAGEMENT COMPANY
[Translation of Unaudited Semi-annual Accounts will be
attached.]
AMENDMENT TO SECURITIES REGISTRATION STATEMENT
PUTNAM DIVERSIFIED INCOME TRUST
AMENDMENT TO THE SECURITIES REGISTRATION STATEMENT
To: Minister of Finance
Filing Date: June 30, 1998
Name of the Registrant Trust: PUTNAM DIVERSIFIED INCOME
TRUST
Name and Official Title of Trustees: George Putnam
William
F. Pounds
Jameson
A. Baxter
Hans H.
Estin
John A.
Hill
Ronald
J. Jackson
Paul L.
Joskow
Elizabeth T. Kennan
Lawrence J. Lasser
John H.
Mullin, III
Robert
E. Patterson
Donald
S. Perkins
George
Putnam, III
A.J.C.
Smith
W.
Thomas Stephens
W.
Nicholas Thorndike
Address of Principal Office: One Post Office Square
Boston,
Massachusetts 02109
U. S.
A.
Name and Title of Registration Agent: Harume Nakano
Attorney-at-Law
Signature [Harume Nakano]
(Seal)
Ken
Miura
Attorney-at-Law
Signature [Ken Miura]
(Seal)
Address or Place of Business Kasumigaseki Building,
25th Floor
2-5,
Kasumigaseki 3-chome
Chiyoda-
ku, Tokyo
Name of Liaison Contact: Harume Nakano
Ken
Miura
Attorneys-at-Law
Place of Liaison Contact: Hamada & Matsumoto
Kasumigaseki Building, 25th
Floor
2-5,
Kasumigaseki 3-chome
Chiyoda-
ku, Tokyo
Phone Number: 03-3580-3377
- ii -
Public Offering or Sale for Registration
Name of the Fund Making Public PUTNAM DIVERSIFIED
INCOME TRUST
Offering or Sale of Foreign
Investment Fund Securities:
Type and Aggregate Amount of Up to 220 million Class M
Shares
Foreign Investment Fund Securities Up to the total
amount aggregating the
to be Publicly Offered or Sold: amounts calculated by
multiplying the respective net
asset value per Class M Share by
the respective number of Class M
Shares in respect of 220 million
Class M Shares
(The
Maximum amount expected to be
sold is 2,761 million U.S.
dollars (approximately Yen384
billion).
Note 1: U.S.$ amount is translated into Japanese Yen at the
rate of U.S.$l.00=Yen139.00 the ean of the exchange rate
quotations by The Bank of Tokyo-Mitsubishi, Ltd. for
buying and selling spot dollars by telegraphic transfer
against yen on May 29, 1998,.
Note 2: The maximum amount expected to be sold is an amount
calculated by multiplying the net asset value per Class M
Share as of May 29, 1998 (U.S.$12.55) by 220 million
Class M Shares for convenience.
Places where a copy of this Amendment to the Securities
Registration
Statement is available for Public Inspection
Not applicable.
(Total number of pages of this Securities Registration
Statement in Japanese is
2 including front and back pages.)
I. Reason For Filing This Amendment To Securities
Registration Statement:
This statement purports to amend and update the relevant
information of the Securities Registration Statement
("SRS") filed on February 4, 1998 due to the fact that
the aforementioned Semi-annual Report was filed today.
The exchange rates used in this statement to translate
the amended amounts of foreign currencies are different
from those used before these amendments, as the latest
exchange rates are used in this statement.
II. Contents of the Amendments:
Part II. INFORMATION ON THE ISSUER (page 3 of the original
Japanese SRS)
The following matters in the original Japanese SRS are
amended to have the same contents as those provided in
the following items of the aforementioned Semi-annual
Report:
Before amendment After amendment
[Original Japanese SRS] [Aforementioned Semi-annual
Report]
IDescription of the Fund I. Status of Investment
.Status of Investment Portfolio of the Fund
5Portfolio
.
(Diversification of (1 Diversification of
AInvestment Portfolio ) Investment Portfolio
) (the aforementioned
Japanese Semi-annual
Report, page 1)
(Results of Past Operations (2 Results of Past Operations
B )
)
Record of Changes in Net Record of Changes in Net
(Assets (Class M Shares) a) Assets (Class M Shares)
1(Regarding the amounts as (Ditto, page 3)
)at the end of each month (Regarding the amounts as
during one-year period at the end of each month
from, and including, the during one-year period
latest relevant date from, and including, the
appertaining to the filing latest relevant date
date of the original appertaining to the filing
Japanese SRS) date of the afore-mentioned
Semi-annual Report)
Record of Distributions Record of Distributions
(Paid (Class M Shares) b) Paid (Class M Shares)
2(Regarding the dividends (Ditto, page 4)
)paid at the end of each (Regarding the dividends
month up to the latest paid at the end of each
relevant date of the month up to the latest
original Japanese SRS) relevant date of the afore-
mentioned Semi-annual
Report)
IOutline of the Trust II Outline of the Trust
I .
.
1Trust 1. Trust
.
(Amount of Capital Share (1 Amount of Capital Share
E ) (Ditto, page 5)
)
(Information Concerning (2 Information Concerning
GMajor Shareholders ) Major Shareholders (Ditto,
) page 5)
(Information Concerning (3 Information Concerning
HDirectors, Officers and ) Directors, Officers and
)Employees Employees (Ditto, page 5)
(Description of Business and (4 Description of Business and
IOutline of Operation ) Outline of Operation
) (Ditto, page 8)
2Putnam Investment 2. Putnam Investment
.Management, Inc. Management, Inc.
(Investment Management (Investment Management
Company) Company)
(Amount of Capital Share (1 Amount of Capital Share
E ) (Ditto, page 8)
)
(Information Concerning (2 Information Concerning
GMajor Shareholders ) Major Shareholders (Ditto,
) page [ ])
(Information Concerning (3 Information Concerning
HOfficers and Employees ) Officers and Employees
) (Ditto, page 9)
(Description of Business and (4 Description of Business and
IOutline of Operation ) Outline of Operation
) (Ditto, page 19)
With respect to Section IV the Financial Conditions of
the Fund in the original SRS, Item III Financial
Conditions of the Fund in the aforementioned Semi-annual
Report (Ditto, from page 41 to 81) is added to the
original SRS.
Part III. SPECIAL INFORMATION (page 4 of the original Japanese
SRS)
With respect to Section II the Financial Conditions of
the Investment Management Company in the original SRS,
Item IV Financial Conditions of the Investment Management
Company in the aforementioned Semi-annual Report (Ditto,
page 82 to 102) is added to the original SRS.
