Putnam ETF Trust

04/17/2026 | Press release | Distributed by Public on 04/17/2026 07:01

Prospectus by Investment Company (Form 497)

PGOF-P7 04/26

PUTNAM ETF TRUST

SUPPLEMENT DATED APRIL 17, 2026 TO THE

SUMMARY PROSPECTUS, PROSPECTUS

AND STATEMENT OF ADDITIONAL INFORMATION ("SAI")

OF EACH FUND LISTED IN SCHEDULE A

Effective June 30, 2026, the following supersedes any and all disclosure to the contrary in the Summary Prospectus, Prospectus and SAI of each fund listed in Schedule A:

The portfolio managers primarily responsible for the day-to-day management of the fund are John Bonelli, Michael Conn, Garrett L. Hamilton, CFA and Christopher Sperry, CFA.

SCHEDULE A

Fund

Date of Summary Prospectus, Prospectus and SAI

Putnam ETF Trust

Franklin California Municipal Income ETF

February 1, 2026

Franklin Massachusetts Municipal Income ETF

October 8, 2025

Franklin Minnesota Municipal Income ETF

October 8, 2025

Franklin New Jersey Municipal Income ETF

October 8, 2025

Franklin New York Municipal Income ETF

April 1, 2026

Franklin Ohio Municipal Income ETF

October 8, 2025

Franklin Pennsylvania Municipal Income ETF

October 8, 2025

Shareholders should retain this Supplement for future reference.

Putnam ETF Trust published this content on April 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 17, 2026 at 13:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]