PMG Patriot Risk Management

Putnam Investments recently posted updated monthly information, including portfolio information, regarding a number of its closed-end funds: -- Putnam California Investment Grade Municipal Trust (PCA) -- Putnam High Income Bond Fund (PCF) -- Putnam High Yield Municipal Trust (PYM) -- Putnam Investment Grade Municipal Trust (PGM) -- Putnam Managed High Yield Trust (PTM) -- Putnam Managed Municipal Income Trust (PMM) -- Putnam Master Intermediate Income Trust (PIM) -- Putnam Municipal Bond Fund (PMG) -- Putnam Municipal Opportunities Trust (PMO) -- Putnam New York Investment Grade Municipal Trust (PMN) -- Putnam Premier Income Trust (PPT) -- Putnam Tax-Free Health Care Fund (PMH) To access information about Putnam's closed-end funds, please visit www.putnaminvestments.com and select "Mutual funds" from the "Products" tab on the Advisor site home page, or select "Mutual funds" from the "Investment Choices" tab on the Individual Investor site home page. Within the mutual fund section, scroll down to find Putnam closed-end funds. This link provides fund details, daily pricing and yield information, semiannual and annual reports, and other information about Putnam closed-end funds. An analyst update containing additional information about the funds, including additional portfolio information, will also be posted to the same website in our around March 20. About Putnam Investments: At Putnam Investments, our top priority remains prudently managing money for our more than 10 million individual and institutional investors worldwide. Since 1937, our values have been rooted in a profound sense of responsibility for the money entrusted to us. We use a research-driven team approach to seek consistent, dependable, superior investment results over time, although there is no guarantee a fund will meet its objectives. We are committed to doing what's right for investors, including maintaining stringent investor protections for every Putnam fund. Founded in 1937, Putnam Investments is one of the nation's oldest and largest money management firms. As of February 28, 2006, Putnam managed $190 billion in assets, of which $126 billion is for mutual fund investors and $64 billion is for institutional clients. Putnam has headquarters in Boston and offices in London and Tokyo. For more information, go to www.putnaminvestments.com.