# EDGAR Filing Document

**Accession Number:** 0000865177
**File Stem:** 0002071691-25-006452
**Filing Date:** 2025-11
**Character Count:** 35178
**Document Hash:** 776767900ee440a577be0362bea10a2d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-006452.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0002071691-25-006452

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM SUSTAINABLE LEADERS FUND
- **CENTRAL INDEX KEY:** 0000865177

**ORGANIZATION NAME:**
- **EIN:** 043091455
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06128
- **FILM NUMBER:** 251511819

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM MULTI-CAP GROWTH FUND
- **DATE OF NAME CHANGE:** 20101004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM NEW OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### PUTNAM SUSTAINABLE LEADERS FUND (Series ID: S000006295)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000017306 | Class A Shares  | PNOPX           |
| C000017308 | Class C Shares  | PNOCX           |
| C000017310 | Class R Shares  | PNORX           |
| C000017311 | Class Y Shares  | PNOYX           |
| C000202804 | Class R6 Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Putnam Sustainable Leaders Fund

- **b. Investment Company Act file number:** 811-06128

- **c. CIK number of Registrant:** 0000865177

- **d. LEI of Registrant:** DDMFQBZJICNCDITG4018

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Federal Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-292-1000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Putnam Sustainable Leaders Fund

- **b. EDGAR series identifier (if any):** S000006295

- **c. LEI of Series:** DDMFQBZJICNCDITG4018

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $6564305277.48

**Total Liabilities:** $10792698.24

**Net Assets:** $6553512579.24

**Cash Not Reported:** $882635.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017310 | 1.86%                | 0.66%                | 3.15%                |
| Class ID C000017306 | 1.88%                | 0.68%                | 3.16%                |
| Class ID C000017311 | 1.91%                | 0.70%                | 3.19%                |
| Class ID C000202804 | 1.91%                | 0.71%                | 3.19%                |
| Class ID C000017308 | 1.82%                | 0.62%                | 3.10%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $57475254.88             | $44872915.85                               |
| Month 2  | $21152383.45             | $29083311.15                               |
| Month 3  | $92990185.78             | $106230701.08                              |

**Designated Index Information**

- **Index Name:** S&P 500 Daily Index

- **Index Identifier:** BM0129

### Schedule of Portfolio Investments

| Name                               | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1433.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cadence Design Systems, Inc.       | Cadence Design Systems, Inc.               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    171800 | NS      | $60346468.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                     | Alphabet, Inc., Class A                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1305400 | NS      | $317342740.00 | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Novonesis Novozymes                | Novonesis Novozymes, Class B               | CUSIP: N/A<br>LEI: 529900T6WNZXD2R3JW38       | Long             | EC               | CORP              | DK        |   1199156 | NS      | $73800898.36  | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Walmart, Inc.                      | Walmart, Inc.                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   1026900 | NS      | $105832314.00 | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH plc                            | CRH plc                                    | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |    594200 | NS      | $71244580.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                       | NVIDIA Corp.                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   2441400 | NS      | $455516412.00 | 6.95%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America           | U.S. Treasury Bills                        | CUSIP: 912797QS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   4300000 | PA      | $4270241.12   | 0.07%             | 2025-12-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                   | Amazon.com, Inc.                           | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1674640 | NS      | $367700704.80 | 5.61%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-5116.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1155401.77   | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $30124.83     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.    | Hilton Worldwide Holdings, Inc.            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    384136 | NS      | $99660243.84  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7035.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Eli Lilly & Co.                    | Eli Lilly & Co.                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    220100 | NS      | $167936300.00 | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde plc                          | Linde plc                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |     46200 | NS      | $21945000.00  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.            | Boston Scientific Corp.                    | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    793300 | NS      | $77449879.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                          | Danone SA                                  | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |    915581 | NS      | $79777563.32  | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                            | GSK plc                                    | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |   2258296 | NS      | $48490083.85  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic Services, Inc.            | Republic Services, Inc., Class A           | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    315000 | NS      | $72286200.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International, Inc. | Mettler-Toledo International, Inc.         | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     48800 | NS      | $59907368.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                        | Apple, Inc.                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   2073928 | NS      | $528084286.64 | 8.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.               | NextEra Energy, Inc.                       | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |   1120200 | NS      | $84563898.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $466171.70    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1481.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $266889.49    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mastercard, Inc.                   | Mastercard, Inc., Class A                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    219800 | NS      | $125024438.00 | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings plc    | Seagate Technology Holdings plc            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |    140100 | NS      | $33072006.00  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                        | Tesla, Inc.                                | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    116200 | NS      | $51676464.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America           | U.S. Treasury Note                         | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    713000 | PA      | $713000.00    | 0.01%             | 2031-05-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| Becton Dickinson & Co.             | Becton Dickinson & Co.                     | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    176500 | NS      | $33035505.00  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.           | Marvell Technology, Inc.                   | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1028200 | NS      | $86440774.00  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $545.42       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KKR & Co., Inc.                    | KKR & Co., Inc.                            | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    770500 | NS      | $100126475.00 | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                    | ASML Holding NV                            | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     95400 | NS      | $92355786.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. (The)             | Home Depot, Inc. (The)                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    278100 | NS      | $112683339.00 | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America           | U.S. Treasury Bills                        | CUSIP: 912797QP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  15900000 | PA      | $15836121.75  | 0.24%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-65.28       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chipotle Mexican Grill, Inc.       | Chipotle Mexican Grill, Inc., Class A      | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1354800 | NS      | $53094612.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-122.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $4258.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7140.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $27.66        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $285051.19    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Otis Worldwide Corp.               | Otis Worldwide Corp.                       | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |    656300 | NS      | $60005509.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $87747.54     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortive Corp.                      | Fortive Corp.                              | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |   1200200 | NS      | $58797798.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                     | Broadcom, Inc.                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    925800 | NS      | $305430678.00 | 4.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies, Inc.           | Roper Technologies, Inc.                   | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    216800 | NS      | $108115992.00 | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $524115.71    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.        | Capital One Financial Corp.                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    560700 | NS      | $119193606.00 | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.             | Costco Wholesale Corp.                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     57300 | NS      | $53038599.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper, Inc.             | Keurig Dr Pepper, Inc.                     | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   2536732 | NS      | $64712033.32  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $133235.82    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $5765.58      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-17324.17    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $175125.96    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $122851.57    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever plc                       | Unilever plc                               | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |   1557685 | NS      | $92520941.68  | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.               | JPMorgan Chase & Co.                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    631900 | NS      | $199320217.00 | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America           | U.S. Treasury Bills                        | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  14800000 | PA      | $14798348.91  | 0.23%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Accenture plc                      | Accenture plc, Class A                     | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |     45000 | NS      | $11097000.00  | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.         | Constellation Energy Corp.                 | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    288900 | NS      | $95068323.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp.                         | Ball Corp.                                 | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   1296900 | NS      | $65389698.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG, Inc.                          | TPG, Inc., Class A                         | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |   1380231 | NS      | $79294270.95  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings plc    | Seagate Technology Holdings plc            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |    219700 | NS      | $51862382.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $126398.98    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America           | U.S. Treasury Bond                         | CUSIP: 912810UD8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    136000 | PA      | $136000.00    | 0.00%             | 2044-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Vistra Corp.                       | Vistra Corp.                               | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    214300 | NS      | $41985656.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp.                 | FirstService Corp.                         | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |    228200 | NS      | $43469818.00  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand, Inc.               | Ingersoll Rand, Inc.                       | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   1107900 | NS      | $91534698.00  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                   | ServiceNow, Inc.                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     91000 | NS      | $83745480.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-136551.92   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Putnam Funds Trust                 | Putnam Short Term Investment Fund, Class P | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        |  49612401 | NS      | $49612401.34  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)              | Walt Disney Co. (The)                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    735700 | NS      | $84237650.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                    | AstraZeneca plc                            | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    395553 | NS      | $60599160.74  | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp.                    | Microsoft Corp.                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   1124500 | NS      | $582434775.00 | 8.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.              | Bank of America Corp.                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1844526 | NS      | $95159096.34  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                     | Prologis, Inc.                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    427500 | NS      | $48957300.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-162493.73   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $21702.87     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $718396.07    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BXP, Inc.                          | BXP, Inc.                                  | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |    638600 | NS      | $47473524.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                       | AbbVie, Inc.                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    457500 | NS      | $105929550.00 | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.    | Regeneron Pharmaceuticals, Inc.            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     89300 | NS      | $50210711.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.     | Thermo Fisher Scientific, Inc.             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    200800 | NS      | $97392016.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd.  | Canadian Pacific Kansas City Ltd.          | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    857700 | NS      | $63879144.21  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-68348.32    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| On Holding AG                      | On Holding AG, Class A                     | CUSIP: N/A<br>LEI: 506700FB3467B9W95526       | Long             | EC               | CORP              | CH        |    881400 | NS      | $37327290.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1027.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Accenture plc                      | Accenture plc, Class A                     | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |    177200 | NS      | $43697520.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-153531.57   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DR Horton, Inc.                    | DR Horton, Inc.                            | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |    445400 | NS      | $75481938.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                | Forward Foreign Currency Contract          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $99408.62     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Linde plc                          | Linde plc                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |    151500 | NS      | $71962500.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Putnam Sustainable Leaders Fund

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer