Putnam Tax Exempt Income Fund (PTBEX) CORRESP Correspondence with SEC

Putnam Investments 

One Post Office Square 

Boston, MA 02109 

April 20, 2017

BY EDGAR

Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, D.C. 20549
Attn: Jaea Hahn

Re:	Putnam Tax Exempt Income Fund (the “Fund”)
	Pre-Effective Amendment No. 1 to the Registration Statement on Form N-14
	File Number: 333-215840

Dear Ms. Hahn:

Pursuant to Rule 461(a) under the Securities Act of 1933, as amended, the Fund respectfully requests the effectiveness of the above-referenced pre-effective amendment to its registration statement (the “Registration Statement”) on Form N-14 be accelerated to April 21, 2017, or as soon thereafter as practicable.

Please call Caitlin Robinson at (617) 760-0044 as soon as the Registration Statement has been declared effective.

Very truly yours,
	By:/s/ Caitlin E. Robinson
	Name: Caitlin E. Robinson
	Title: Counsel

cc:	Peter T. Fariel, Esq., Putnam Investments
	James E. Thomas, Esq., Ropes & Gray LLP

Putnam Retail Management 

One Post Office Square 

Boston, MA 02109 

April 20, 2017

BY EDGAR

Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, D.C. 20549
Attn: Jaea Hahn

Re:	Putnam Tax Exempt Income Fund (the “Fund”)
	Pre-Effective Amendment No. 1 to the Registration Statement on Form N-14
	File Number: 333-215840

Dear Ms. Hahn:

Pursuant to Rule 461(a) under the Securities Act of 1933, as amended, Putnam Retail Management, as principal underwriter of shares of the Fund hereby joins in the request of the Fund for acceleration of the effective date of the above-referenced pre-effective amendment to the Fund’s registration statement on Form N-14 so that it becomes effective on April 21, 2017, or as soon thereafter as practicable.

Very truly yours,
	By:/s/ Caitlin E. Robinson
	Name: Caitlin E. Robinson
	Title: Counsel

cc:	Peter T. Fariel, Esq., Putnam Investments
	James E. Thomas, Esq., Ropes & Gray LLP