Putnam Investment Funds
One Post Office Square
Boston, Massachusetts 02109
November 21, 1995
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Via EDGAR
RE: Rule 24f-2 Notice for Putnam Investment Funds (the "Trust"):
Putnam Balanced Fund, Putnam Global Utilities Fund and
Putnam International New Opportunities Fund (Reg. No. 33-
56339) (the "Funds")
Ladies and Gentlemen:
Pursuant to Rule 24f-2 under the Investment Company Act of
1940, you are hereby notified as follows:
(a) the fiscal year of the Trust for which this notice
is filed is the year ended September 30, 1995.
(b) the number or amount of securities of the Trust
which had been registered under the Securities Act of 1933
other than pursuant to Rule 24f-2 but which remained
unsold at the beginning of the year was: NONE.
(c) the number or amount of securities of the Trust
registered during such fiscal year other than pursuant to
Rule 24f-2 was: NONE.
(d) the number or amount of securities of the Trust
sold during such fiscal year was: 2,697,079 shares.
(e) the number or amount of securities of the Trust
sold during such fiscal year in reliance upon registration
pursuant to Rule 24f-2 was: 2,697,079 shares.*
We are including in this filing, as an exhibit, an opinion
of counsel for the Trust to the effect that the securities, the
registration of which this notice makes definite in number, were
legally issued, fully paid and non-assessable. The amount of the
filing fee required by Rule 24f-2(c) was wired on November 21,
1995, to the Commission's lockbox at the Mellon Bank, American
Bankers' Association number 043000261, SEC Account Number: 910-
8729.
<PAGE>
Securities and Exchange Commission
November 21, 1995
Page Two
Very truly yours,
Putnam Investment Funds -
Putnam Balanced Fund, Putnam Global
Utilities Fund and Putnam
International New
By: -------------------------
John D. Hughes
Vice President and Treasurer
- -----------------------------------------------------------------
*Calculation of filing fee pursuant to Rule 24f-2(c):
(1) Aggregate sales price of securities
sold pursuant to Rule 24f-2 during
the fiscal year (see Para. (e) above):
$ 27,327,292
(2) (a) Aggregate redemption or repurchase
price of securities redeemed or
repurchased during fiscal year:
$ 590,406
(b) Amount previously applied
during fiscal year:
NONE
(c) Available credit:
$ 590,406
(d) Amount of available credit
applied in this notice:
$ 590,406
- --------------
(3) Securities deemed sold for filing
fee calculation:
$ 26,736,886
4) Filing fee due: (1/29 of 1% of #3):
$ 9,219.62
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Putnam Investment Funds
Certificate of Treasurer
I, John D. Hughes, hereby certify that I am the Vice
President and Treasurer of Putnam Investment Funds (the "Trust"),
on behald of Putnam Balanced Fund, Putnam Global Utilities Fund
and Putnam International New Opportunities Fund, and that of the
2,697,079 shares indicated in Paragraph (e) of the attached
Notice pursuant to Rule 24f-2 as having been sold in reliance
upon registration under Rule 24f-2 during the Trust's fiscal year
ended September 30, 1995, 2,419,182 of such Shares were issued
and the full consideration therefor authorized or specified to be
received by the Trust in its Bylaws had been received by that
date and 277,897 of such Shares had then been recorded as sold
and issued on the books of the Trust but payment had not been
received therefor and was not then due in the ordinary course of
business.
Executed this the 21st day of November, 1995.
----------------------------------
John D. Hughes
Vice President and Treasurer
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