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59707 2/00
Prospectus Supplement
dated March 6, 2000 to:
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Putnam International Voyager Fund (the "fund")
to Prospectuses dated December 30, 1999
The second paragraph under the heading "Who manages the fund?" is replaced
with the following:
The following officers of Putnam Management have had primary responsibility
for the day-to-day management of the fund's portfolio. Their length of
service to the fund and their experience as portfolio managers or
investment analysts over at least the last five years are shown.
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Manager Since Experience
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<S> <C> <C> <C>
Joseph P. Joseph 1999 1994 - Present Putnam Management
Managing Director
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Omid Kamshad 1997 1996 - Present Putnam Management
Managing Director 1995 - 1996 Lombard Odier International
Prior to April 1995 Barring Asset Management
Company
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Joshua L. Byrne 1997 1993 - Present Putnam Management
Senior Vice President
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Andrew Graham 2000 1999 - Present Putnam Management
Senior Vice President 1998 - 1999 Scottish Widows Investment
Management
Prior to February 1998 Zurich Investment Management
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Nigel P. Hart 1997 1997 - Present Putnam Management
Senior Vice President Prior to November 1997 IAI International
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