POWER OF ATTORNEY

We, the undersigned Trustees and officers of the Trusts listed on Schedule A hereto, hereby severally constitute and appoint Barbara M. Baumann, Jonathan S. Horwitz, Michael J. Higgins, Bryan Chegwidden and James E. Thomas, and each of them singly, our true and lawful attorneys, with full power to them and each of them, to sign for us, and in our names and in the capacities indicated below, the Registration Statement on Form N-14 of the Trusts listed on Schedule A hereto and any and all amendments (including post-effective amendments) to said Registration Statement and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto our said attorneys, and each of them acting alone, full power and authority to do and perform each and every act and thing requisite or necessary to be done in the premises, as fully to all intents and purposes as he might or could do in person, and hereby ratify and confirm all that said attorneys or any of them may lawfully do or cause to be done by virtue thereof.

[Signature page follows]


WITNESS my hand and seal on the date set forth below.

 

Signature    Title   Date

 /s/ Barbara Baumann   

Barbara Baumann

  

Chair, Board of Trustees

 

May 21, 2026

 /s/ Robert L. Reynolds   

Robert L. Reynolds

  

President and Trustee

 

May 21, 2026

 /s/ Jonathan S. Horwitz  

Jonathan S. Horwitz

  

Executive Vice President,

Principal Executive Officer and

Compliance Liaison

 

May 21, 2026

 /s/ Michael J. Higgins   

Michael J. Higgins

  

Vice President, Treasurer, and Clerk

 

May 21, 2026

 /s/ Jeffrey W. White   

Jeffrey W. White

  

Vice President, Principal Financial

Officer, Principal Accounting

Officer and Assistant Treasurer

 

May 29, 2026

 /s/ Liaquat Ahamed   

Liaquat Ahamed

  

Trustee

 

May 21, 2026

 /s/ Jonathan de St. Paer  

Jonathan de St. Paer

  

Trustee

 

May 21, 2026

 /s/ Katinka Domotorffy  

Katinka Domotorffy

  

Trustee

 

May 21, 2026

 /s/ Catharine Bond Hill  

Catharine Bond Hill

  

Trustee

 

May 21, 2026


 /s/ Gregory G. McGreevey  

Gregory G. McGreevey

  

Trustee

 

May 21, 2026

 /s/ Jennifer Williams Murphy 

Jennifer Williams Murphy

  

Trustee

 

May 21, 2026

 /s/ Marie Pillai      

Marie Pillai

  

Trustee

 

May 21, 2026

 /s/ George Putnam III   

George Putnam III

  

Trustee

 

May 21, 2026

 /s/ Warren Lowell Putnam  

Warren Lowell Putnam

  

Trustee

 

May 21, 2026

 /s/ Manoj P. Singh    

Manoj P. Singh

  

Trustee

 

May 21, 2026

 /s/ Mona K. Sutphen   

Mona K. Sutphen

  

Trustee

 

May 21, 2026

 /s/ Kenneth Yutaka Tanji  

Kenneth Yutaka Tanji

  

Trustee

 

May 21, 2026

 /s/ Jane E. Trust     

Jane E. Trust

  

Trustee

 

May 21, 2026


Schedule A

 

  1.

Registration Statement of Putnam Diversified Income Trust on Form N-14 relating to the proposed merger of Putnam Global Income Trust with and into Putnam Diversified Income Trust.

 

  2.

Registration Statement of Putnam ETF Trust on Form N-14 relating to the proposed merger of Putnam Income Fund with and into Franklin Core Plus ETF.

 

  3.

Registration Statement of Putnam ETF Trust on Form N-14 relating to the proposed merger of Putnam Mortgage Opportunities Fund with and into Franklin Multisector Bond ETF.

 

  4.

Registration Statement of Putnam ETF Trust on Form N-14 relating to the proposed merger of Putnam Mortgage Securities Fund with and into Franklin Securitized ETF.

 

  5.

Registration Statement of Putnam ETF Trust on Form N-14 relating to the proposed merger of Putnam Short Duration Bond Fund with and into Franklin Short Term Bond ETF.

 

  6.

Registration Statement of Putnam Investment Funds on Form N-14 relating to the proposed merger of Putnam Sustainable Future Fund with and into Putnam U.S. Research Fund.

 

  7.

Registration Statement of Putnam Variable Trust on Form N-14 relating to the proposed merger of Putnam VT Sustainable Future Fund with and into Putnam VT U.S. Research Fund.