On June 24, Putnam [profile] is dropping the 100-basis point short-term trading fee from the following mutual funds: the Putnam Capital Opportunities Fund, the Putnam Capital Spectrum Fund, the Putnam Convertible Securities Fund, the Putnam Dynamic Asset Allocation Equity Fund, the Putnam Equity Spectrum Fund, the Putnam Floating Rate Income Fund, the Putnam High Yield Advantage Fund, the Putnam High Yield Trust, the Putnam International Capital Opportunities Fund, the Putnam Small Cap Growth Fund, the Putnam Small Cap Value Fund and the Putnam Tax-Free High-Yield Fund. [SEC Filing]. 

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