<DOCUMENT>
<TYPE>EX-99.14 OTH CONSENT
<SEQUENCE>4
<FILENAME>exnnfta4.txt
<DESCRIPTION>EX-99.14 OTH CONSENT
<TEXT>

EXHIBIT 3.

Consent of Independent Registered Public Accounting Firm

We hereby consent to the incorporation by reference in this Registration
Statement on Form N-14 (the "Registration Statement") of Putnam High Income
Bond Fund of our report dated October 12, 2004 relating to the financial
statements and financial highlights included in the August 31, 2004 Annual
Report of Putnam High Income Bond Fund, which financial statements and
financial highlights are incorporated by reference into such Registration
Statement. We also consent to the reference to us under the heading
"Financial Highlights" and "Independent Registered Public Accounting Firm
and Financial Statements" in such Registration Statement.

PricewaterhouseCoopers LLP

/s/  PricewaterhouseCoopers LLP
Boston, Massachusetts
November 22, 2004

</TEXT>
</DOCUMENT>
