Putnam Sustainable Retirement 2050 Fund

Shareclass
Putnam Sustainable Retirement 2050 Y (PRRUX)
Type
Open-end mutual fund
Sustainability mandate
Prison industrial complex grade: One or more holdings were flagged as private prison operators by our prison industrial complex screen. Assigned a grade of F.
F
$14.12 MILLION
Prison industrial complex
10
flagged holdings
9.91%
of assets flagged
Data as of 30 Apr 2024
Flagged investments:
$14.12 MILLION, 9.91% of assets
Higher risk:
$90,706, 0.06% of assets
 Private prison operators:
$90,706, 0.06% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
6
holdings
$10.35M
invested
7.26%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
7
holdings
$12.26M
invested
8.6%
of portfolio
This fund is invested in the following private prison operator companies:
Sodexo
All flagged holdings
10 holdings
10 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $5.48M
    3.85%
  • 2.  Amazon.com Inc
    Prison industryBorder industry
    $2.81M
    1.97%
  • 3.  Thermo Fisher Scientific Inc
    Border industry
    $1.57M
    1.1%
  • 4.  Salesforce Inc
    Border industry
    $1.54M
    1.08%
  • 5.  Walmart Inc
    Prison industry
    $1.51M
    1.06%
Higher risk
Private prison operator
See all
Putnam Sustainable Retirement 2050 Fund $PRRUX is 9.91% ($14.12 MILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on PRRUX at Morningstar.com
Current fund
PRRUX
Putnam Sustainable Retirement 2050 Fund
Family
Franklin Templeton Investments
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: 5/31/24
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 
-4.41% less in annualized returns
More invested in private prison operators 
0.06% more invested
Less invested in higher risk companies, prison industry 
0.19% less invested
Less invested in higher risk companies, border industry 
1.33% less invested
Less invested in higher risk companies 
1.26% less invested
Less invested in all screened prison industry companies 
8.26% less invested
Less invested in all screened border industry companies 
10.07% less invested
Less invested in all screened companies 
13.22% less invested
Current fund
PRRUX
Putnam Sustainable Retirement 2050 Fund
Family
Franklin Templeton Investments
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: 5/31/24
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 
-4.41% less in annualized returns
More invested in private prison operators 
0.06% more invested
Less invested in higher risk companies, prison industry 
0.19% less invested
Less invested in higher risk companies, border industry 
1.33% less invested
Less invested in higher risk companies 
1.26% less invested
Less invested in all screened prison industry companies 
8.26% less invested
Less invested in all screened border industry companies 
10.07% less invested
Less invested in all screened companies 
13.22% less invested
Current fund
PRRUX
Putnam Sustainable Retirement 2050 Fund
Family
Franklin Templeton Investments
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: 5/31/24
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 
-4.41% less in annualized returns
More invested in private prison operators 
0.06% more invested
Less invested in higher risk companies, prison industry 
0.19% less invested
Less invested in higher risk companies, border industry 
1.33% less invested
Less invested in higher risk companies 
1.26% less invested
Less invested in all screened prison industry companies 
8.26% less invested
Less invested in all screened border industry companies 
10.07% less invested
Less invested in all screened companies 
13.22% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
PRRUX - Putnam Sustainable Retirement 2050 Fund
25%
6.5%
11%
8.24%
0.06% 
Benchmark
IVV - iShares Core S&P 500 ETF
28%
9.54%
16%
13%
0% 
Fund compared to benchmark
 
-3.2%
-3.04%
-4.85%
-4.41%
0.06%  higher
Find more financial data on PRRUX at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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More from Invest Your Values
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