Putnam Investments
One Post Office Square
Boston, MA 02109
February 1, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Putnam Investment Funds (Reg. No. 33-56339) (811-7237)
(the "Trust")
Putnam Balanced Fund
Putnam Global Growth and Income Fund
Putnam International New Opportunities Fund
(collectively, the "Funds")
Post-Effective Amendment No. 30 to Registration Statement
on Form N-1A
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as
amended, the Funds hereby certify that the form of Prospectuses and
Statements of Additional Information that would have been filed on
behalf of the Funds pursuant to Rule 497(c) upon the effectiveness of
Post-Effective Amendment No. 30 to the Trust's Registration Statement on
Form N-1A (the "Amendment") would not have differed from that contained
in the Amendment, which is the most recent amendment to such
Registration Statement and was filed electronically on January 28, 2000.
Comments or questions concerning this certificate may be directed
to Jill Grossberg at 1-800-225-2465, ext. 11913.
Very truly yours,
PUTNAM INVESTMENT FUNDS
/s/ Gordon H. Silver
By: ------------------------------------
Gordon H. Silver
Vice President
cc: David Coombs, Esq.
