Putnam Sustainable Retirement 2050 Fund

Shareclass
Putnam Sustainable Retirement 2050 Y (PRRUX)
Type
Open-end mutual fund
Manager
Sustainability mandate
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
11.22%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
48
holdings flagged
11%
of assets flagged
This fund contains
 $11.32 MILLION invested 
in holdings flagged for deforestation risk
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producers
Commodity producers
8 holdings
0.44% of assets
$445,556 invested
banks
Banks and lenders
9 holdings
2.28% of assets
$2.3 MILLION invested
consumers
Major consumer brands
33 holdings
8.64% of assets
$8.72 MILLION invested
Commodity producers
Commodity producers
8 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
8 HOLDINGS
  • % of portfolio
    $ invested
  • 1. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.16%0.16% of portfolio
    $157,445$157,445 invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 2. Mitsubishi Corp
    Palm oil producer
    0.08%0.08% of portfolio
    $81,417$81,417 invested
    Palm oil producer
  • 3. Stora Enso Oyj Class R
    Timber producerPaper/pulp producer
    0.06%0.06% of portfolio
    $63,348$63,348 invested
    Timber producerPaper/pulp producer
  • 4. Marubeni Corp
    Timber producerRubber producerPaper/pulp producer
    0.04%0.04% of portfolio
    $38,737$38,737 invested
    Timber producerRubber producerPaper/pulp producer
  • 5. Samsung C&T Corp
    Palm oil producer
    0.04%0.04% of portfolio
    $35,367$35,367 invested
    Palm oil producer
View next 3
Banks and lenders
Banks and lenders
9 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
9 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Bank of America Corp
    0.67%0.67% of portfolio
    $676,136$676,136 invested
  • 2. JPMorgan Chase & Co
    0.64%0.64% of portfolio
    $645,952$645,952 invested
  • 3. Mitsubishi UFJ Financial Group Inc
    0.21%0.21% of portfolio
    $211,381$211,381 invested
  • 4. HSBC Holdings PLC
    0.17%0.17% of portfolio
    $167,409$167,409 invested
  • 5. Barclays PLC
    0.15%0.15% of portfolio
    $152,695$152,695 invested
View next 4
Major consumer brands
Major consumer brands
33 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
33 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.64%1.64% of portfolio
    $1.66M$1.66M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Chipotle Mexican Grill Inc
    Soy major consumer brandCattle major consumer brand
    1.18%1.18% of portfolio
    $1.19M$1.19M invested
    Soy major consumer brandCattle major consumer brand
  • 3. Walmart Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.12%1.12% of portfolio
    $1.13M$1.13M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. The Home Depot Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.71%0.71% of portfolio
    $717,570$717,570 invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 5. Unilever PLC ADR
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.56%0.56% of portfolio
    $569,750$569,750 invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 30 Jun 2023
Financial performance
Performance data provided byMorningstarFind more financial data on PRRUX at Morningstar.com
Current fund
PRRUX
Putnam Sustainable Retirement 2050 Fund
Family
Putnam
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.62% less in annualized returns
More invested in commodity producers 
0.15% more invested
Less invested in banks and lenders 
0.05% less invested
Less invested in major consumer brands 
3.98% less invested
Current fund
PRRUX
Putnam Sustainable Retirement 2050 Fund
Family
Putnam
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.62% less in annualized returns
More invested in commodity producers 
0.15% more invested
Less invested in banks and lenders 
0.05% less invested
Less invested in major consumer brands 
3.98% less invested
Current fund
PRRUX
Putnam Sustainable Retirement 2050 Fund
Family
Putnam
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 7/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.62% less in annualized returns
More invested in commodity producers 
0.15% more invested
Less invested in banks and lenders 
0.05% less invested
Less invested in major consumer brands 
3.98% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
PRRUX - Putnam Sustainable Retirement 2050 Fund
10%
8.41%
6.36%
7.99%
0.44% 
Benchmark
IVV - iShares Core S&P 500 ETF
13%
14%
12%
13%
0.29% 
Fund compared to benchmark
 
-2.84%
-5.27%
-5.8%
-4.62%
0.15%  higher
Find more financial data on PRRUX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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