Putnam Announces Distribution Rates for Open End Funds15:25 EDT Tuesday, July 19, 2011 BOSTON (Business Wire) -- The Trustees of The Putnam Funds have declared the following distributions.       RECORD       PAYMENTFUND NAME AND DISTRIBUTIONSDATEDATE   Putnam High Yield Advantage Fund - Class B Shares (PHYBX) $0.0320 per share investment income 7/19/2011 7/25/2011   Putnam High Yield Advantage Fund - Class C Shares (PHYLX) $0.0320 per share investment income 7/19/2011 7/25/2011   Putnam High Yield Advantage Fund - Class M Shares (PHYMX) $0.0340 per share investment income 7/19/2011 7/25/2011   Putnam High Yield Advantage Fund - Class R Shares (PFJAX) $0.0340 per share investment income 7/19/2011 7/25/2011   Putnam High Yield Advantage Fund - Class Y Shares (PHAYX) $0.0360 per share investment income 7/19/2011 7/25/2011   Putnam Income Fund - Class B Shares (PNCBX) $0.0250 per share investment income 7/19/2011 7/25/2011   Putnam Income Fund - Class C Shares (PUICX) $0.0250 per share investment income 7/19/2011 7/25/2011   Putnam Income Fund - Class M Shares (PNCMX) $0.0280 per share investment income 7/19/2011 7/25/2011   Putnam Income Fund - Class R Shares (PIFRX) $0.0270 per share investment income 7/19/2011 7/25/2011   Putnam Income Fund - Class Y Shares (PNCYX) $0.0300 per share investment income 7/19/2011 7/25/2011   (a) Quotron symbol pending Putnam InvestmentsShareholders1-800-225-1581orMedia Contact:Jennifer Santos, 617-760-8582