Putnam Sustainable Leaders Fund

Frequently Asked Questions About PNOPX

What does PNOPX invest in?

The Putnam Sustainable Leaders Fund primarily allocates capital to equity securities of U.S.-based companies, irrespective of their market capitalization. A core tenet of its strategy is to concentrate on firms that the fund's management identifies as demonstrating robust, financially pertinent sustainable business practices. In addition to these sustainability considerations, the advisor conducts a thorough analysis of prospective investments, scrutinizing factors such as a company's intrinsic valuation, overall financial strength, future growth potential, competitive standing within its sector, projected earnings and cash flows, and its dividend policy, when making buy or sell determinations.

What is the expense ratio of PNOPX?

Putnam Sustainable Leaders Fund (PNOPX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PNOPX?

Putnam Sustainable Leaders Fund (PNOPX) manages $6.81B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PNOPX actively managed or an index fund?

PNOPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PNOPX launched?

Putnam Sustainable Leaders Fund (PNOPX) launched in August 1990 and is managed by the fund issuer.

How has PNOPX performed?

PNOPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.