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Trending ETFs

Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$122.49

$6.31 B

0.03%

$0.03

1.17%

Vitals

YTD Return

20.2%

1 yr return

33.2%

3 Yr Avg Return

9.0%

5 Yr Avg Return

14.8%

Net Assets

$6.31 B

Holdings in Top 10

40.8%

52 WEEK LOW AND HIGH

$121.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.17%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$122.49

$6.31 B

0.03%

$0.03

1.17%

PNORX - Profile

Distributions

  • YTD Total Return 20.2%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 14.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    PUTNAM SUSTAINABLE LEADERS FUND
  • Fund Family Name
    Putnam Family of Funds
  • Inception Date
    Jul 30, 2003
  • Shares Outstanding
    N/A
  • Share Class
    R
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Katherine Collins

Fund Description

Investments

We invest mainly in common stocks of U.S. companies of any size, with a focus on companies that we believe exhibit a commitment to financially material sustainable business practices. We may also invest in non-U.S. companies. In evaluating investments for the fund, we view “financially material sustainable business practices” as business practices that we believe are reasonably likely to impact the financial condition or operating performance of a company and that relate to environmental, social, or corporate governance (“ESG”) issues. We identify relevant ESG issues on a sector-specific basis using an internally developed materiality map, which is informed by the industry-specific financial materiality framework of the Sustainability Accounting Standards Board (“SASB,” now incorporated in the International Financial Reporting Standards Foundation). As part of this analysis, we

may utilize metrics and information such as emissions data, carbon intensity, sources of energy used for operations, water use and re-use, water generation and diversion from landfill, employee safety and diversity data, supplier audits, product safety, board composition, and incentive compensation structures. Stocks of companies that exhibit a commitment to financially material sustainable business practices are typically, but not always, considered to be growth stocks. Growth stocks are stocks of companies whose revenues, earnings, or cash flows are expected to grow faster than those of similar firms, and whose business growth and other characteristics may lead to an increase in stock price. We may consider, among other factors, a company’s sustainable business practices (as described above), valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.

Under normal circumstances, the fund invests at least 80% of the value of its net assets in securities that meet our sustainability criteria. These criteria are based on a proprietary materiality map that is informed by the industry-specific financial materiality framework of SASB. In applying these criteria, we will assign each company a proprietary ESG rating ranging from 1 to 4 (1 indicating the highest (best) ESG rating and 4 indicating the lowest (worst) ESG rating). In order to meet our sustainability criteria for purposes of this investment policy, a company must be rated 2 or 1 by us. This policy is non-fundamental and may be changed only after 60 days’ notice to shareholders. In selecting each investment, we focus on companies that have a demonstrated commitment to sustainable business practices in areas that are relevant and material to their long-term financial returns and risk profiles. We believe that companies that have exhibited such a commitment also often demonstrate potential for strong financial growth. This commitment may be reflected through ESG policies, practices, or outcomes. The fund’s approach to sustainable investing incorporates fundamental research together with consideration of ESG factors. Environmental factors include, for example, a company’s carbon intensity and use of resources like water or minerals. Sustainability measures in this area might include plans to reduce waste, increase recycling, raise the proportion of energy supply from renewable sources, or improve product design to be less resource intensive. Social factors include, for example, labor practices and supply chain management. Sustainability measures in this area might include programs to improve employee well-being, commitment to workplace equality and diversity, or improved stewardship of supplier relationships and working conditions. Corporate governance factors include, for example, board composition and executive compensation. Sustainability measures in this area might include improvements in board independence or diversity, or alignment of management incentives with the company’s strategic sustainability objectives. The integrated approach of the fund combines analysis of the growing body of ESG data and deep fundamental analysis and looks for companies that demonstrate leadership, beyond compliance, on relevant sustainability issues. The characteristics that we may use when considering sustainability leadership include:

(1) Material. Focused on strategic, business-relevant issues.
(2) Proactive. Actions that go beyond basic requirements to create potential business benefit.
(3) Transparent. Reporting that is relevant, timely, and candid.
(4) Effective. Creating benefits both within the firm and beyond its corporate borders.
Read More

PNORX - Performance

Return Ranking - Trailing

Period PNORX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.2% -14.1% 35.1% 42.72%
1 Yr 33.2% -20.0% 61.9% 42.78%
3 Yr 9.0%* -30.5% 24.9% 41.91%
5 Yr 14.8%* -16.1% 29.6% 56.11%
10 Yr 13.7%* -6.3% 19.7% 42.79%

* Annualized

Return Ranking - Calendar

Period PNORX Return Category Return Low Category Return High Rank in Category (%)
2023 22.1% -74.1% 72.4% 82.01%
2022 -29.1% -85.9% 4.7% 24.37%
2021 9.7% -52.4% 60.5% 45.42%
2020 19.0% -34.3% 145.0% 74.55%
2019 26.0% -21.8% 49.4% 42.80%

Total Return Ranking - Trailing

Period PNORX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.2% -14.1% 35.1% 42.72%
1 Yr 33.2% -20.0% 61.9% 42.78%
3 Yr 9.0%* -30.5% 24.9% 41.91%
5 Yr 14.8%* -16.1% 29.6% 56.11%
10 Yr 13.7%* -6.3% 19.7% 42.79%

* Annualized

Total Return Ranking - Calendar

Period PNORX Return Category Return Low Category Return High Rank in Category (%)
2023 25.9% -4.6% 72.4% 84.48%
2022 -23.0% -61.7% 5.6% 17.74%
2021 23.0% -39.8% 118.1% 41.98%
2020 28.2% 2.8% 149.2% 76.90%
2019 35.5% -5.2% 49.4% 29.68%

NAV & Total Return History


PNORX - Holdings

Concentration Analysis

PNORX Category Low Category High PNORX % Rank
Net Assets 6.31 B 242 K 269 B 26.44%
Number of Holdings 78 2 3211 35.14%
Net Assets in Top 10 2.62 B 109 K 129 B 30.67%
Weighting of Top 10 40.81% 0.7% 205.0% 81.99%

Top 10 Holdings

  1. COMMON STOCK 9.12%
  2. COMMON STOCK 6.62%
  3. COMMON STOCK 5.88%
  4. COMMON STOCK 4.74%
  5. COMMON STOCK 2.55%
  6. COMMON STOCK 2.53%
  7. COMMON STOCK 2.47%
  8. COMMON STOCK 2.37%
  9. COMMON STOCK 2.36%
  10. COMMON STOCK 2.17%

Asset Allocation

Weighting Return Low Return High PNORX % Rank
Stocks
98.66% 0.00% 134.69% 53.99%
Other
7.23% -44.39% 50.04% 1.40%
Cash
1.33% 0.00% 173.52% 43.38%
Bonds
0.05% 0.00% 104.29% 5.43%
Preferred Stocks
0.00% 0.00% 8.99% 84.84%
Convertible Bonds
0.00% 0.00% 1.94% 83.71%

Stock Sector Breakdown

Weighting Return Low Return High PNORX % Rank
Technology
30.73% 0.00% 65.70% 68.66%
Healthcare
15.65% 0.00% 39.76% 21.65%
Financial Services
13.11% 0.00% 43.06% 21.92%
Consumer Cyclical
11.90% 0.00% 62.57% 75.26%
Consumer Defense
8.56% 0.00% 25.50% 7.39%
Industrials
7.80% 0.00% 30.65% 25.88%
Basic Materials
5.38% 0.00% 18.91% 7.13%
Utilities
3.71% 0.00% 16.07% 2.99%
Communication Services
1.67% 0.00% 66.40% 96.83%
Real Estate
1.49% 0.00% 16.05% 42.61%
Energy
0.00% 0.00% 41.09% 91.64%

Stock Geographic Breakdown

Weighting Return Low Return High PNORX % Rank
US
93.09% 0.00% 134.69% 88.08%
Non US
5.57% 0.00% 74.83% 7.80%

Bond Sector Breakdown

Weighting Return Low Return High PNORX % Rank
Derivative
7.23% -44.87% 15.57% 1.23%
Cash & Equivalents
1.33% 0.00% 173.52% 38.39%
Securitized
0.00% 0.00% 43.70% 82.87%
Corporate
0.00% 0.00% 100.00% 83.98%
Municipal
0.00% 0.00% 0.57% 82.87%
Government
0.00% 0.00% 12.45% 83.24%

Bond Geographic Breakdown

Weighting Return Low Return High PNORX % Rank
US
0.05% 0.00% 104.29% 5.43%
Non US
0.00% 0.00% 0.00% 83.00%

PNORX - Expenses

Operational Fees

PNORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.17% 0.01% 28.71% 34.36%
Management Fee 0.50% 0.00% 1.50% 30.54%
12b-1 Fee 0.50% 0.00% 1.00% 72.32%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

PNORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PNORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PNORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 316.74% 33.90%

PNORX - Distributions

Dividend Yield Analysis

PNORX Category Low Category High PNORX % Rank
Dividend Yield 0.03% 0.00% 27.58% 16.32%

Dividend Distribution Analysis

PNORX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

PNORX Category Low Category High PNORX % Rank
Net Income Ratio -0.10% -6.13% 3.48% 33.21%

Capital Gain Distribution Analysis

PNORX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

PNORX - Fund Manager Analysis

Managers

Katherine Collins


Start Date

Tenure

Tenure Rank

Jan 17, 2018

4.37

4.4%

Ms. Collins is Head of Sustainable Investing. She is responsible for leading Putnam's investment research, strategy implementation, and thought leadership on environmental, social, and governance (ESG) principles. Ms. Collins collaborates with portfolio managers and analysts on ESG integration, assessing the fundamental relevance of ESG issues at a security level, and the potential for alpha generation and risk mitigation at a portfolio level. In addition, she is a portfolio manager of Putnam Sustainable Future Fund and Putnam Sustainable Leaders Fund. A recognized thought leader, Ms. Collins provides analysis on current and emerging trends in sustainable investing. She is the author of The Nature of Investing: Resilient Investment Strategies through Biomimicry. In 2009, Ms. Collins founded Honeybee Capital, an independent investment research firm focused on ESG principles. She joined Putnam in 2017 and has been in the investment industry since 1990. Ms. Collins serves on numerous boards, including Last Mile Health, Santa Fe Institute, Omega Institute, and Harvard Divinity School Dean's Council.

Stephanie Dobson


Start Date

Tenure

Tenure Rank

Mar 21, 2018

4.2

4.2%

Ms. Dobson is a Portfolio Manager and an Analyst in the Equity Research group, specializing in sustainable investing. She is an assistant portfolio manager of Putnam Sustainable Future Fund and Putnam Sustainable Leaders Fund. Ms. Dobson is responsible for conducting fundamental analysis and valuation of companies, evaluating their performance across environmental, social, and governance (ESG) factors, and identifying potential risks and opportunities related to these factors. She is a partner and member of the Investment Committee at Social Venture Partners, a global philanthropic network that works to strengthen nonprofit organizations in local communities. Ms. Dobson joined Putnam in 2017 and has been in the investment industry since 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.23 3.08