March - Putnam Investments

The following is a summary of realized and change in unrealized gains or losses of derivative instruments on theStatement of operations for the reporting period (see Note 1):Amount of realized gain or (loss) on derivatives recognized in net gain or (loss) on investmentsDerivativesnot accountedfor as hedginginstrumentsunder ASC 815 Warrants Options FuturesForwardcurrencycontracts Swaps TotalCreditcontracts $— $— $— $— $6,643,623 $6,643,623Foreignexchangecontracts — — — (6,038,946) — $(6,038,946 )Equitycontracts 40,639 (11,085) 36,979,848 — 354,862 $37,364,264Interest ratecontracts — — (388,517) — (1,531,587) $(1,920,104 )Total $40,639 $(11,085 ) $36,591,331 $(6,038,946 ) $5,466,898 $36,048,837Change in unrealized appreciation or (depreciation) on derivatives recognized in net gain or (loss) on investmentsDerivativesnot accountedfor as hedginginstrumentsunder ASC 815 Warrants Options FuturesForwardcurrencycontracts Swaps TotalCreditcontracts $— $— $— $— $(1,399,664 ) $(1,399,664 )Foreignexchangecontracts — — — 4,869,824 — $4,869,824Equitycontracts 25,609 47,526 202,013 — 509,493 $784,641Interest ratecontracts — 19,453 263,298 — 1,341,021 $1,623,772Total $25,609 $66,979 $465,311 $4,869,824 $450,850 $5,878,573Note 9: Offsetting of financial and derivative assets and liabilitiesThe following table summarizes any derivatives, repurchase agreements and reverse repurchase agreements, atthe 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, see Note 1,if any. For financial reporting purposes, the fund does not offset financial assets and financial liabilities that aresubject to the master netting agreements in the Statement of assets and liabilities.Dynamic Asset Allocation Growth Fund 115