41386 3/98
Prospectus Supplement
dated March 9, 1998 to:
- -----------------------------------------------------------------
Putnam Voyager Fund II
Prospectus for class A, B and M shares dated April 30, 1997, as
revised October 30, 1997
Prospectus for class A shares dated April 30, 1997
The third paragraph under the heading "How the fund is managed"
is replaced with the following:
The following officers of Putnam Investment Management, Inc.
("Putnam Management") have had primary responsibility for the
day-to-day management of the fund's portfolio since the years
stated below:
Business experience
Year (at least 5 years)
---- -----------------
Roland W. Gillis 1995 Employed as an investment
Senior Vice President professional by Putnam
Management since 1995. Prior
to 1995, Mr. Gillis served
as a Vice President of
Keystone Custodian Funds,
Inc.
Jeffrey R. Lindsey 1998 Employed as an investment
Senior Vice President professional by Putnam
Management since April,
1994. Prior to April, 1994,
Mr. Lindsey wass a Vice
President at Strategic
Portfolio Management, Inc.
Charles H. Swanberg 1993 Employed as an investment
Senior Vice President professional by Putnam
Management since 1984.
