Putnam Sustainable Retirement 2050 Fund

Shareclass

Putnam Sustainable Retirement 2050 Y (PRRUX)

Type

Open-end mutual fund

Manager

Franklin Templeton Investments

Target date

Putnam Sustainable Retirement Series

Investments in major fossil fuel companies

Top 200 carbon reserves

$446,169

Top 200 carbon reserves

$310,030

Top 50 coal-fired power

$296,369

Top 200 carbon reserves

$251,840

Top 200 carbon reserves

$195,228

Fossil fuel holdings

Energy sector

Top 200 owners of carbon reserves

Carbon Underground 200

holdings

$1.2M

invested

0.64%

of portfolio

Coal industry

Coal miners, coal services, owners of coal reserves

holdings

$497,139

invested

0.27%

of portfolio

Oil/gas industry

Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators

holdings

$5.82M

invested

3.12%

of portfolio

Utility sector

Top 50 coal-fired utilities

Macroclimate 50

holdings

$296,369

invested

0.16%

of portfolio

Fossil-fired utilities

Utilities burning fossil fuels or distributing gas

holdings

$5.37M

invested

2.88%

of portfolio

When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.

All fossil fuel companies

23 holdings

1. Constellation Energy Corp
$1.95M
1.05%
2. NextEra Energy Inc
$1.84M
0.98%
3. KKR & Co Inc Ordinary Shares
$1.01M
0.54%
4. ITOCHU Corp
$573,752
0.31%
5. Mitsubishi Heavy Industries Ltd
$459,652
0.25%

See all

Share to spread the word.
Business as usual is fueling climate destruction.

Putnam Sustainable Retirement 2050 Fund $PRRUX is 4.5% ($8.39 MILLION) invested in fossil fuel stocks

Sustainability report card

As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.

Putnam Sustainable Retirement 2050 Fund PRRUX

Environment

Fossil fuels

Investments in coal, oil, and natural gas energy and utility companies, and related financial companies

Deforestation

Investments in deforestation-risk agricultural commodities, and related financial companies and consumer brands

Social

Gender equality

Gender equality group ranking, based on Equileap company data

Civilian firearms

Investments in civilian firearms manufacturers, and related gun retailers

Prison industrial complex

Investments in prisons and borders industry, including private prison operators

Military weapons

Investments in military arms manufacturers and services companies, including nuclear weapon manufacturers and servicers

Tobacco

Investments in tobacco and e-cigarette manufacturers, and tobacco-promoting entertainment companies

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Financial performance

Performance data provided by

Find more financial data on PRRUX at Morningstar.com

Current fund

PRRUX

Putnam Sustainable Retirement 2050 Fund

Family

Franklin Templeton Investments

Category

Target-Date 2050

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 11/30/24

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-4.73% less in annualized returns

Less invested in fossil fuels

3.91% less invested

Lower fossil finance risk score

4 points lower

Lower fossil insurance risk score

15 points lower

Less invested in Clean200

6.19% less invested

Current fund

PRRUX

Putnam Sustainable Retirement 2050 Fund

Family

Franklin Templeton Investments

Category

Target-Date 2050

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 11/30/24

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-4.73% less in annualized returns

Less invested in fossil fuels

3.91% less invested

Lower fossil finance risk score

4 points lower

Lower fossil insurance risk score

15 points lower

Less invested in Clean200

6.19% less invested

Current fund

PRRUX

Putnam Sustainable Retirement 2050 Fund

Family

Franklin Templeton Investments

Category

Target-Date 2050

Find another fund

vs.

Benchmark

IVV

iShares Core S&P 500 ETF

Family

iShares from BlackRock

Category

Large Blend

Change benchmark

Fund comparison settings

Investment timeline

Performance as of: 11/30/24

1 year

3 years

5 years

10 years

Benchmark

Suggested: Not available

Fund comparison results

Compared to the benchmark, this fund has:

Lower

10-yr returns

-4.73% less in annualized returns

Less invested in fossil fuels

3.91% less invested

Lower fossil finance risk score

4 points lower

Lower fossil insurance risk score

15 points lower

Less invested in Clean200

6.19% less invested

Month-end trailing returns

Performance as of date: 11/30/24

Morningstar suggested benchmark: Morningstar Mod Tgt Risk TR USD

Annualized returns

Climate analysis

1-yr

3-yr

5-yr

10-yr

This fund
PRRUX - Putnam Sustainable Retirement 2050 Fund

26%

8.33%

11%

8.58%

4.5%

Benchmark

34%

11%

16%

13%

8.4%

Fund compared to benchmark

-7.8%

-3.08%

-4.94%

-4.73%

3.91% lower

Find more financial data on PRRUX at Morningstar.com

What's next?

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Fossil fuel companiesare fueling the climate crisis.

Environment

Social

Disclaimer: As You Sow is not an investment adviser