-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>/in/edgar/work/0000869392-00-000215/0000869392-00-000215.txt : 20001030
<SEC-HEADER>0000869392-00-000215.hdr.sgml : 20001030
ACCESSION NUMBER:		0000869392-00-000215
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20000831
FILED AS OF DATE:		20001027

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUTNAM HIGH INCOME CONVERTIBLE & BOND FUND
		CENTRAL INDEX KEY:			0000810943
		STANDARD INDUSTRIAL CLASSIFICATION:	 [0000
]		IRS NUMBER:				046562068
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0831
</COMPANY-DATA>

		FILING VALUES:
			FORM TYPE:		NSAR-B
			SEC ACT:		
			SEC FILE NUMBER:	811-05133
			FILM NUMBER:		747229
</FILING-VALUES>

			BUSINESS ADDRESS:	
				STREET 1:		ONE POST OFFICE SQ
				STREET 2:		MAILSTOP A 14
				CITY:			BOSTON
				STATE:			MA
				ZIP:			02109
				BUSINESS PHONE:		8002251581
</BUSINESS-ADDRESS>
</FILER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-B
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>N-SAR (6.1)
<TEXT>

<PAGE>      PAGE  1
000 B000000 08/31/2000
000 C000000 0000810943
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 PUTNAM HIGH INCOME CONVERTIBLE AND BOND FUND
001 B000000 811-5133
001 C000000 6172921562
002 A000000 ONE POST OFFICE SQUARE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 PUTNAM INVESTMENT MANAGEMENT, INC.
008 B000001 A
008 C000001 801-7974
008 D010001 BOSTON
008 D020001 MA
008 D030001 02109
011 A000001 PUTNAM RETAIL MANAGEMENT, INC.
011 B000001 8-5088
011 C010001 BOSTON
011 C020001 MA
011 C030001 02109
012 A000001 PUTNAM INVESTOR SERVICES
012 B000001 84-401299
012 C010001 BOSTON
012 C020001 MA
012 C030001 02109
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 BOSTON
013 B020001 MA
<PAGE>      PAGE  2
013 B030001 02110
015 A000001 PUTNAM FIDUCIARY TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000   97
019 C000000 PUTNAMFUND
020 A000001 SALOMON SMITH BARNEY
020 B000001   -
020 C000001      6
020 A000002 PRUDENTIAL SECURITIES INC
020 B000002 22-2347336
020 C000002      2
020 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC
020 B000003 13-5674085
020 C000003      2
020 A000004 GOLDMAN SACHS & CO
020 B000004 13-5108880
020 C000004      1
020 A000005 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP
020 B000005 13-2741729
020 C000005      1
020 A000006 WARBURG DILLON READ
020 C000006      1
020 A000007 MORGAN STANLEY INC
020 B000007 13-2655998
020 C000007      0
020 A000008 BEAR STERNS & CO
020 B000008 13-4946705
020 C000008      0
020 A000009 MORGAN (J.P.) SECURITIES INC.
020 B000009 13-3224016
020 C000009      0
020 A000010 LEHMAN BROTHERS
020 B000010 13-2518466
020 C000010      0
021  000000       13
022 A000001 WARBURG DILLON READ
022 B000001 13-3340045
022 C000001    229259
022 D000001      1088
022 A000002 CREDIT SUISSE FIRST BOSTON
022 B000002 13-5659485
022 C000002    124140
022 D000002      1403
022 A000003 SALOMON SMITH BARNEY
022 B000003 13-3082694
<PAGE>      PAGE  3
022 C000003     98442
022 D000003     16649
022 A000004 JP MORGAN SECURITES INC
022 B000004 13-3224016
022 C000004     64564
022 D000004       525
022 A000005 MORGAN STANLEY INC.
022 B000005 13-2655998
022 C000005     40969
022 D000005      7468
022 A000006 GOLDMAN SACHS & CO
022 B000006 13-5108880
022 C000006     22399
022 D000006      4490
022 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000007 13-5674085
022 C000007     16162
022 D000007      3721
022 A000008 LEHMAN BROTHERS
022 B000008 13-2518466
022 C000008      8244
022 D000008      3969
022 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP
022 B000009 13-2741729
022 C000009      4973
022 D000009      5225
022 A000010 BEAR STERNS & CO
022 B000010 13-4946705
022 C000010      1781
022 D000010      1930
023 C000000     621212
023 D000000      58084
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 Y
026 G020000 Y
026 H000000 N
027  000000 N
<PAGE>      PAGE  4
028 A010000         0
028 A020000         0
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028 C030000         0
028 C040000         0
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028 D030000         0
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028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
028 G010000         0
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
035  000000      0
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038  000000      0
042 A000000   0
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042 D000000   0
042 E000000   0
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042 H000000   0
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045  000000 Y
046  000000 N
<PAGE>      PAGE  5
047  000000 Y
048  000000  0.000
048 A010000   500000
048 A020000 0.750
048 B010000   500000
048 B020000 0.650
048 C010000   500000
048 C020000 0.600
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000  1500000
048 K020000 0.550
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 N
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
<PAGE>      PAGE  6
060 B000000 Y
061  000000     1000
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   3.9
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000  32.8
062 Q000000  44.8
062 R000000  18.5
063 A000000   0
063 B000000  7.6
064 A000000 N
064 B000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
<PAGE>      PAGE  7
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000     28514
071 B000000     32569
071 C000000    108366
071 D000000   29
072 A000000 12
072 B000000     9691
072 C000000     1657
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072 K000000       16
072 L000000        0
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072 S000000        9
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000       77
072 X000000     1240
072 Y000000        0
072 Z000000    10108
072AA000000        0
072BB000000     1560
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072DD010000    10108
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072EE000000        0
<PAGE>      PAGE  8
073 A010000   0.8520
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0000
074 A000000       15
074 B000000     4254
074 C000000       50
074 D000000    85618
074 E000000    19082
074 F000000      394
074 G000000        0
074 H000000        0
074 I000000      795
074 J000000      374
074 K000000        0
074 L000000     1983
074 M000000        0
074 N000000   112565
074 O000000      435
074 P000000      260
074 Q000000        0
074 R010000        0
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074 R030000        0
074 R040000     1031
074 S000000        0
074 T000000   110839
074 U010000    13694
074 U020000        0
074 V010000     8.09
074 V020000     0.00
074 W000000   0.0000
074 X000000     1943
074 Y000000        0
075 A000000        0
075 B000000   111944
076  000000     7.94
077 A000000 Y
077 B000000 Y
077 C000000 Y
080 A000000 FEDERAL INSURANCE COMPANY
080 B000000 NATIONAL UNION FIRE INSURANCE COMPANY
080 C000000    85000
081 A000000 Y
081 B000000  96
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
<PAGE>      PAGE  9
085 A000000 Y
085 B000000 N
086 A010000     35
086 A020000    286
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 COMMON STOCK
087 A020000 7467798107
087 A030000 PCF/PTMHUI
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE   PAUL BUCUVALAS
TITLE       YNNAGING DIRECTOR


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-27
<SEQUENCE>2
<FILENAME>0002.txt
<FLAWED>
<TEXT>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam High Income Convertible and Bond Fund
</LEGEND>
<SERIES>
   <NUMBER> 1
   <NAME> CLASS A

<S>                             <C>
<PERIOD-TYPE>                   ANNUAL
<FISCAL-YEAR-END>                          AUG-31-2000
<PERIOD-END>                               AUG-31-2000
<INVESTMENTS-AT-COST>                      123,474,334
<INVESTMENTS-AT-VALUE>                     110,192,828
<RECEIVABLES>                                2,357,096
<ASSETS-OTHER>                                  15,012
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             112,564,936
<PAYABLE-FOR-SECURITIES>                       434,643
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,291,280
<TOTAL-LIABILITIES>                          1,725,923
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   128,410,971
<SHARES-COMMON-STOCK>                       13,694,062
<SHARES-COMMON-PRIOR>                       13,648,608
<ACCUMULATED-NII-CURRENT>                      219,880
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (4,529,268)
<ACCUM-APPREC-OR-DEPREC>                  (13,262,570)
<NET-ASSETS>                               110,839,013
<DIVIDEND-INCOME>                            1,657,130
<INTEREST-INCOME>                            9,691,046
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,239,706
<NET-INVESTMENT-INCOME>                     10,108,470
<REALIZED-GAINS-CURRENT>                     2,193,272
<APPREC-INCREASE-CURRENT>                  (3,753,700)
<NET-CHANGE-FROM-OPS>                        8,548,042
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (11,655,991)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                             45,454
<NET-CHANGE-IN-ASSETS>                     (2,736,531)
<ACCUMULATED-NII-PRIOR>                      1,736,704
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                 (6,810,638)
<GROSS-ADVISORY-FEES>                          839,677
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,245,212
<AVERAGE-NET-ASSETS>                       111,943,652
<PER-SHARE-NAV-BEGIN>                             8.32
<PER-SHARE-NII>                                    .74
<PER-SHARE-GAIN-APPREC>                          (.12)
<PER-SHARE-DIVIDEND>                             (.85)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.09
<EXPENSE-RATIO>                                   1.11
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>0003.txt
<TEXT>





October 10, 2000


To the Board of Trustees of Putnam High Income Convertible and
Bond Fund:

In planning and performing our audit of the financial
statements of Putnam High Income Convertible and Bond Fund for
the year ended August 31, 2000, we considered its internal
control, including control activities for safeguarding
securities, in order to determine our auditing procedures for
the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR,
not to provide assurance on internal control.

The management of Putnam High Income Convertible and Bond Fund
is responsible for establishing and maintaining internal
control.  In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected
benefits and related costs of controls.  Generally, controls
that are relevant to an audit pertain to the entity's objective
of preparing financial statements for external purposes that
are fairly presented in conformity with generally accepted
accounting principles.  Those controls include the safeguarding
of assets against unauthorized acquisition, use or disposition.

Because of inherent limitations in internal controls, errors or
fraud may occur and may not be detected.  Also, projection of
any evaluation of internal control to future periods is subject
to the risk that it may become inadequate because of changes in
conditions or that the effectiveness of the design and
operation may deteriorate.

Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American
Institute of Certified Public Accountants.  A material weakness
is a condition in which the design or operation of one or more
of the internal control components does not reduce to a
relatively low level the risk that misstatements caused by
errors or fraud in amounts that would be material in relation
to the financial statements being audited may occur and not be
detected within a timely period by employees in the normal
course of performing their assigned functions.  However, we
noted no matters involving internal control and its operation,
including controls for safeguarding securities, that we
consider to be material weaknesses as defined above as of
August 31, 2000.

This report is intended solely for the information and use of
management and the Board of Trustees and the Securities and
Exchange Commission and is not intended to be and should not be
used by anyone other than these specified parties.

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>0004.txt
<TEXT>

          Results of June 1, 2000 shareholder meeting
          (Unaudited)



               An annual meeting of shareholders of the fund
was held on
               June, 2000.  At the meeting, each of the
nominees for
               Trustees was elected, as follows:

                                         Votes
                                 Votes for   withheld
               Jameson Adkins Baxter    11,691,188
245,110
               Hans H. Estin  11,673,748          262,550
               John A. Hill   11,698,553          237,745
               Ronald J. Jackson      11,694,819     241,478
               Paul L. Joskow 11,689,608          246,690
               Elizabeth T. Kennan    11,688,535
247,763
               Lawrence J. Lasser     11,691,456
244,842
               John H. Mullin III     11,694,208
242,842
               Robert E. Patterson    11,694,338
241,960
               George Putnam, III     11,693,918
242,380
               A.J.C. Smith   11,686,238           250,060
               W. Thomas Stephens     11,691,816
244,482
               W. Nicholas Thorndike  11,683,301
252,997


               A proposal to ratify the selection of
               PricewaterhouseCoopers LLP as the independent
               auditors of your fund was approved as
               follows:
               11,764,260 votes for, and 84,724 votes
against, with 87,314
               abstentions and broker non-votes.


               All tabulations are rounded to nearest whole
number.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
