Annual report - Putnam Investments

Note 8: Offsetting of financial and derivative assets and liabilities
The following table summarizes any derivatives, repurchase agreements and reverse repurchase agreements, at
the end of the reporting period, that are subject to an enforceable master netting agreement or similar agreement.
For securities lending transactions or borrowing transactions associated with securities sold short, if any, see
Note 1. For financial reporting purposes, the fund does not offset financial assets and financial liabilities that are
subject to the master netting agreements in the Statement of assets and liabilities.
Barclays Bank PLC
Citibank, N.A.
Credit Suisse
International
Deutsche Bank AG
Assets:
Forward currency contracts # $184,676 $99,145 $639,551 $169,372 $96,931 $241,937 $210,496 $— $64,451 $1,706,559
Total Assets $184,676 $99,145 $639,551 $169,372 $96,931 $241,937 $210,496 $— $64,451 $1,706,559
Liabilities:
Forward currency contracts # 373,827 184,728 363,023 167,107 521,349 281,807 651,390 613,118 — 3,156,349
Total Liabilities $373,827 $184,728 $363,023 $167,107 $521,349 $281,807 $651,390 $613,118 $— $3,156,349
Total Financial and Derivative Net Assets $(189,151) $(85,583) $276,528 $2,265 $(424,418) $(39,870) $(440,894) $(613,118) $64,451 $(1,449,790)
Total collateral received (pledged)† ## $(127,987) $— $276,528 $2,265 $(424,418) $— $— $(613,118) $—
Net amount $(61,164) $(85,583) $— $— $— $(39,870) $(440,894) $— $64,451
HSBC Bank USA,
National Association
JPMorgan Chase Bank
N.A.
State Street Bank and
Trust Co.
UBS AG
WestPac Banking Corp.
Total
†Additional collateral may be required from certain brokers based on individual agreements.
#
Covered by master netting agreement. (Note 1)
##
Any over-collateralization of total financial and derivative net assets is not shown. Collateral may include amounts related to
unsettled agreements.
50 International Capital Opportunities Fund International Capital Opportunities Fund51