Putnam Sustainable Leaders Fund
PNOPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 2109 Boston MA United States of America 2109
- IPO Date
- Aug 31, 1990
- CIK
- 0000865177
- Website
- putnam.com
- Similar Companies
- Business
- Putnam Sustainable Leaders Fund (PNOPX) is an actively managed open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of mid- and large-cap U.S. companies, with a focus on those demonstrating leadership in key sustainability issues that are financially material to their business context; it integrates forward-looking environmental, social, and governance (ESG) analysis with fundamental research to identify high-quality growth opportunities across sectors such as information technology (35%), consumer discretionary, health care, financials, and communication services; the fund maintains a diversified portfolio of approximately 56 issuers, with total net assets of $6.74 billion as of late 2025, a portfolio turnover rate of 44%, and an annual dividend frequency. Launched on August 31, 1990, with share class A inception on the same date, the fund is domiciled in the United States and benchmarked against the S&P 500 Index and Putnam Sustainable Leaders Linked Benchmark; it falls within the Morningstar Large Growth category and Lipper Large-Cap Core Funds classification, featuring a growth investment style with exposure predominantly to U.S. stocks (about 90%), supplemented by non-U.S. equities and minimal cash or bond holdings; geographic allocations emphasize the United States, with minor positions in regions including the United Kingdom, Netherlands, Canada, and Europe. Managed by a dedicated sustainable investing team at Putnam Investments—a subsidiary of Franklin Templeton headquartered in Boston, Massachusetts, and founded in 1937—the fund is led by portfolio managers Katherine Collins (since 2018), Stephanie Dobson (since 2018), and Rob Forker (since January 2025); it targets institutional and retail investors seeking ESG-integrated equity exposure, with a net expense ratio of 0.87% for Class A shares and a front-end load of 5.75%; operations are supported by Putnam's global equity research, quantitative, and risk analysis groups, now enhanced by Franklin Templeton's infrastructure. In recent developments, Putnam Investments was acquired by Franklin Templeton from Great-West Lifeco on January 1, 2024, for approximately $925 million, adding complementary capabilities in sustainable investing, target-date funds, stable value, and large-cap value strategies while boosting Franklin Templeton's defined contribution assets under management beyond $100 billion and total AUM to over $1.5 trillion; post-acquisition, Franklin Templeton extended Putnam's investment strategies, including Sustainable Leaders approaches, to international clients in 2025; additionally, in July 2024, Putnam transferred management contracts for its closed-end funds to Franklin Advisers, reflecting ongoing integration and operational enhancements.