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001 C000000 6172921562
002 A000000 ONE POST OFFICE SQUARE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
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004 000000 N
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007 C010600 6
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007 C010800 8
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007 C011000 10
008 A000001 PUTNAM INVESTMENT MANAGEMENT, INC.
008 B000001 A
008 C000001 801-7974
008 D010001 BOSTON
008 D020001 MA
008 D030001 02109
011 A000001 PUTNAM MUTUAL FUNDS CORP.
011 B000001 8-5088
011 C010001 BOSTON
011 C020001 MA
011 C030001 02109
012 A000001 PUTNAM INVESTOR SERVICES
012 B000001 84-401299
012 C010001 BOSTON
012 C020001 MA
012 C030001 02109
013 A000001 COOPERS & LYBRAND L.L.P.
013 B010001 BOSTON
013 B020001 MA
<PAGE> PAGE 2
013 B030001 02109
015 A000001 PUTNAM FIDUCIARY TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 98
019 C000000 PUTNAMFUND
020 A000001 PRUDENTIAL SECURITIES INC.
020 B000001 22-2347336
020 C000001 4
020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000002 13-5674085
020 C000002 3
020 A000003 GOLDMAN SACHS & CO.
020 B000003 13-5108880
020 C000003 1
020 A000004 SOLMAN BROTHERS
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020 C000004 1
020 A000005 FERRIS BAKER WATTS & COMPANY
020 C000005 1
020 A000006 LEHMAN BROTHERS
020 B000006 13-2518466
020 C000006 1
020 A000007 MCMAHAN & CO.
020 B000007 13-3041515
020 C000007 1
020 A000008 MORGAN (J.P.) SECURITIES INC.
020 B000008 13-3224016
020 C000008 0
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020 B000009 95-2622900
020 C000009 0
020 A000010 FOURM CAPITAL MARKETS
020 B000010 62-1287496
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022 B000001 13-3224016
022 C000001 175145
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022 B000002 13-2655998
022 C000002 39978
022 D000002 4421
022 A000003 LEHMAN BROTHERS
022 B000003 13-2518466
<PAGE> PAGE 3
022 C000003 35518
022 D000003 3327
022 A000004 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000004 13-5674085
022 C000004 17419
022 D000004 6126
022 A000005 UBS SECURITIE
022 B000005 13-2932996
022 C000005 15800
022 D000005 2053
022 A000006 DONLODSON, LUFKIN, & JENRETTE SECURITIES
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022 C000006 6617
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022 C000007 8116
022 D000007 3280
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022 C000008 6031
022 D000008 5165
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022 B000009 13-4946705
022 C000009 5025
022 D000009 3665
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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SIGNATURE PAUL BUCUVALAS
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Financial Data Schedule for Putnam Convertible Opportunities and Income Trust
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> CLASS A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> FEB-28-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 93,512,957
<INVESTMENTS-AT-VALUE> 98,266,582
<RECEIVABLES> 1,574,285
<ASSETS-OTHER> 20,075
<OTHER-ITEMS-ASSETS> 24,294
<TOTAL-ASSETS> 99,885,236
<PAYABLE-FOR-SECURITIES> 1,117,645
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 977,069
<TOTAL-LIABILITIES> 2,094,714
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 920,004,703
<SHARES-COMMON-STOCK> 3,704,000
<SHARES-COMMON-PRIOR> 3,704,000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (636,454)
<ACCUMULATED-NET-GAINS> 1,617,773
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,804,500
<NET-ASSETS> 97,790,522
<DIVIDEND-INCOME> 1,164,920
<INTEREST-INCOME> 7,054,117
<OTHER-INCOME> 0
<EXPENSES-NET> 1,669,025
<NET-INVESTMENT-INCOME> 6,550,012
<REALIZED-GAINS-CURRENT> 5,138,840
<APPREC-INCREASE-CURRENT> 576,794
<NET-CHANGE-FROM-OPS> 12,265,646
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6,781,670)
<DISTRIBUTIONS-OF-GAINS> (4,938,258)
<DISTRIBUTIONS-OTHER> (636,454)
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (90,736)
<ACCUMULATED-NII-PRIOR> 124,797
<ACCUMULATED-GAINS-PRIOR> 1,513,941
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,323,367
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,691,706
<AVERAGE-NET-ASSETS> 98,413,815
<PER-SHARE-NAV-BEGIN> 26.43
<PER-SHARE-NII> 1.77
<PER-SHARE-GAIN-APPREC> 1.54
<PER-SHARE-DIVIDEND> (2.00)
<PER-SHARE-DISTRIBUTIONS> (1.34)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 26.40
<EXPENSE-RATIO> 1.72
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
