# EDGAR Filing Document

**Accession Number:** 0000865177
**File Stem:** 0001752724-25-203501
**Filing Date:** 2025-8
**Character Count:** 35116
**Document Hash:** 5e09dfc46292eae6a03010134fc44400
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203501.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203501

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250630

**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:** 251253192

**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:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $6361863745.49

**Total Liabilities:** $25584833.77

**Net Assets:** $6336278911.72

**Cash Not Reported:** $1300285.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017310 | -0.78%               | 5.50%                | 4.36%                |
| Class ID C000017306 | -0.75%               | 5.52%                | 4.38%                |
| Class ID C000017311 | -0.73%               | 5.54%                | 4.41%                |
| Class ID C000202804 | -0.73%               | 5.55%                | 4.41%                |
| Class ID C000017308 | -0.82%               | 5.45%                | 4.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-42942536.89            | $24072200.47                               |
| Month 2  | $-6291033.94             | $326043023.21                              |
| Month 3  | $3255878.44              | $275194388.18                              |

**Designated Index Information**

- **Index Name:** SS&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      | $289390.11    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Cadence Design Systems, Inc.       | Cadence Design Systems, Inc.               | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    209000 | NS      | $64403350.00  | 1.02%             |  |  |  | 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      | $239499.61    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Novonesis Novozymes                | Novonesis Novozymes, Class B               | CUSIP: N/A<br>LEI: 529900T6WNZXD2R3JW38       | Long             | EC               | CORP              | DK        |   1199156 | NS      | $86095662.54  | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Walmart, Inc.                      | Walmart, Inc.                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   1412500 | NS      | $138114250.00 | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH plc                            | CRH plc                                    | CUSIP: N/A<br>LEI: 549300MIDJNNTH068E74       | Long             | EC               | CORP              | IE        |    594200 | NS      | $54547560.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                       | NVIDIA Corp.                               | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   2441400 | NS      | $385716786.00 | 6.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America           | U.S. Treasury Bills                        | CUSIP: 912797QS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   4300000 | PA      | $4223556.75   | 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        |   1745440 | NS      | $382932081.60 | 6.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.    | Hilton Worldwide Holdings, Inc.            | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    384136 | NS      | $102310782.24 | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                    | Eli Lilly & Co.                            | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    155200 | NS      | $120983056.00 | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde plc                          | Linde plc                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |     46200 | NS      | $21676116.00  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.            | Boston Scientific Corp.                    | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |   1034900 | NS      | $111158609.00 | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Danone SA                          | Danone SA                                  | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |    915581 | NS      | $74915891.63  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                          | Sanofi SA                                  | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    259799 | NS      | $25152105.99  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                            | GSK plc                                    | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |   1426064 | NS      | $27190005.89  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic Services, Inc.            | Republic Services, Inc., Class A           | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    373200 | NS      | $92034852.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International, Inc. | Mettler-Toledo International, Inc.         | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |     48800 | NS      | $57326336.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                        | Apple, Inc.                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   2149328 | NS      | $440977625.76 | 6.96%             |  |  |  | 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      | $-1001269.53  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.               | NextEra Energy, Inc.                       | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |   1437000 | NS      | $99756540.00  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                   | Kroger Co. (The)                           | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |   1453200 | NS      | $104238036.00 | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                   | Mastercard, Inc., Class A                  | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    236200 | NS      | $132730228.00 | 2.09%             |  |  |  | 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      | $-12891.12    | -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      | $88254.52     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Seagate Technology Holdings plc    | Seagate Technology Holdings plc            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |    140100 | NS      | $20220633.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology, Inc.           | Marvell Technology, Inc.                   | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1194400 | NS      | $92446560.00  | 1.46%             |  |  |  | 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      | $-576523.40   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| KKR & Co., Inc.                    | KKR & Co., Inc.                            | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    608000 | NS      | $80882240.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                    | ASML Holding NV                            | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |     64200 | NS      | $51449238.00  | 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      | $-2428322.10  | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Home Depot, Inc. (The)             | Home Depot, Inc. (The)                     | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    278100 | NS      | $101962584.00 | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America           | U.S. Treasury Bills                        | CUSIP: 912797QP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  15900000 | PA      | $15666319.45  | 0.25%             | 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      | $-256962.56   | -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      | $-1005824.87  | -0.02%            |  |  |  | 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      | $76072020.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI, Inc.                         | MSCI, Inc., Class A                        | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     82500 | NS      | $47581050.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.               | Otis Worldwide Corp.                       | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |    365000 | NS      | $36142300.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corp.                      | Fortive Corp.                              | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    534200 | NS      | $27847846.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                     | Broadcom, Inc.                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    852700 | NS      | $235046755.00 | 3.71%             |  |  |  | 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      | $19005.10     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Roper Technologies, Inc.           | Roper Technologies, Inc.                   | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    188800 | NS      | $107019392.00 | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group plc    | London Stock Exchange Group plc            | CUSIP: N/A<br>LEI: 213800QAUUUP6I445N30       | Long             | EC               | CORP              | GB        |    460918 | NS      | $67407975.22  | 1.06%             |  |  |  | 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      | $-527422.92   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.        | Capital One Financial Corp.                | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    456400 | NS      | $97103664.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.             | Costco Wholesale Corp.                     | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     44000 | NS      | $43557360.00  | 0.69%             |  |  |  | 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      | $-12116.06    | -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      | $-755771.52   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper, Inc.             | Keurig Dr Pepper, Inc.                     | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   1990932 | NS      | $65820211.92  | 1.04%             |  |  |  | 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      | $-900567.46   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Unilever plc                       | Unilever plc                               | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |   1818591 | NS      | $111001966.63 | 1.75%             |  |  |  | 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      | $-1054284.82  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.               | JPMorgan Chase & Co.                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    631900 | NS      | $183194129.00 | 2.89%             |  |  |  | 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      | $-555245.23   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| United States of America           | U.S. Treasury Bills                        | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  14800000 | PA      | $14638631.46  | 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      | $13450050.00  | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.         | Constellation Energy Corp.                 | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    397000 | NS      | $128135720.00 | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp.                         | Ball Corp.                                 | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |   1531800 | NS      | $85918662.00  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.            | Applied Materials, Inc.                    | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |    383300 | NS      | $70170731.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG, Inc.                          | TPG, Inc., Class A                         | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |   1086531 | NS      | $56988550.95  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings plc    | Seagate Technology Holdings plc            | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |    442200 | NS      | $63822726.00  | 1.01%             |  |  |  | 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      | $238355.94    | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FirstService Corp.                 | FirstService Corp.                         | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |    228200 | NS      | $39848284.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand, Inc.               | Ingersoll Rand, Inc.                       | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   1107900 | NS      | $92155122.00  | 1.45%             |  |  |  | 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      | $-575628.96   | -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      | $-505391.90   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ServiceNow, Inc.                   | ServiceNow, Inc.                           | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     62800 | NS      | $64563424.00  | 1.02%             |  |  |  | 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      | $-297317.91   | -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      | $-690881.60   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Putnam Funds Trust                 | Putnam Short Term Investment Fund, Class P | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        | 165159563 | NS      | $165159563.18 | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)              | Walt Disney Co. (The)                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    944600 | NS      | $117139846.00 | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                    | AstraZeneca plc                            | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |    395553 | NS      | $55048781.76  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Ralliant Corp.                     | Ralliant Corp.                             | CUSIP: 750940108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    178067 | NS      | $8634452.67   | 0.14%             |  |  |  | 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      | $52374.65     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp.                    | Microsoft Corp.                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   1162600 | NS      | $578288866.00 | 9.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.              | Bank of America Corp.                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   2379726 | NS      | $112608634.32 | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                     | Prologis, Inc.                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    789300 | NS      | $82971216.00  | 1.31%             |  |  |  | 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      | $-392104.74   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BXP, Inc.                          | BXP, Inc.                                  | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |    638600 | NS      | $43086342.00  | 0.68%             |  |  |  | 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      | $-677713.91   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Intuitive Surgical, Inc.           | Intuitive Surgical, Inc.                   | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    125400 | NS      | $68143614.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals, Inc.    | Regeneron Pharmaceuticals, Inc.            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     61900 | NS      | $32497500.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.     | Thermo Fisher Scientific, Inc.             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    146300 | NS      | $59318798.00  | 0.94%             |  |  |  | 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        |    639900 | NS      | $50834868.37  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                      | On Holding AG, Class A                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CH        |    529300 | NS      | $27550065.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture plc                      | Accenture plc, Class A                     | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |    177200 | NS      | $52963308.00  | 0.84%             |  |  |  | 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      | $-209784.89   | -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      | $-283618.96   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| American Tower Corp.               | American Tower Corp.                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    291300 | NS      | $64383126.00  | 1.02%             |  |  |  | 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      | $-1552827.57  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Salesforce, Inc.                   | Salesforce, Inc.                           | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    361200 | NS      | $98495628.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton, Inc.                    | DR Horton, Inc.                            | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |    368500 | NS      | $47507020.00  | 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      | $-1678123.15  | -0.03%            |  |  |  | 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      | $-1861041.30  | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Linde plc                          | Linde plc                                  | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |    151500 | NS      | $71080770.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer