0000928816-19-002032.txt : 20191230 0000928816-19-002032.hdr.sgml : 20191230 20191230105450 ACCESSION NUMBER: 0000928816-19-002032 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20191230 DATE AS OF CHANGE: 20191230 EFFECTIVENESS DATE: 20191230 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM SUSTAINABLE LEADERS FUND CENTRAL INDEX KEY: 0000865177 IRS NUMBER: 043091455 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-35576 FILM NUMBER: 191315335 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 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 0000865177 S000006295 PUTNAM SUSTAINABLE LEADERS FUND C000017306 Class A Shares PNOPX C000017307 Class B Shares PNOBX C000017308 Class C Shares PNOCX C000017310 Class R Shares PNORX C000017311 Class Y Shares PNOYX C000202804 Class R6 Shares 497 1 a_sustleadsupp.htm PUTNAM SUSTAINABLE LEADERS FUND a_sustleadsupp.htm
Prospectus Supplement   December 30, 2019 
 
Putnam Sustainable Leaders Fund   
Prospectus dated October 30, 2019   

 

Effective December 31, 2019, the sub-section Your fund’s management in the section Fund summary is replaced in its entirety with the following:

Your fund’s management

Investment advisor

Putnam Investment Management, LLC

Portfolio managers

Katherine Collins, Head of Sustainable Investing, portfolio manager of the fund since 2018

Stephanie Dobson, Portfolio Manager, portfolio manager of the fund since 2018

Sub-advisor

Putnam Investments Limited*

* Though the investment advisor has retained the services of Putnam Investments Limited (PIL), PIL does not currently manage any assets of the fund.

 

 

Effective December 31, 2019, the following replaces similar disclosure under the subsection The fund’s investment manager – Portfolio managers in the section Who oversees and manages the fund?:

Portfolio managers. The officers of Putnam Management identified below are primarily responsible for the day-to-day management of the fund’s portfolio.

       
  Joined     
Portfolio managers  fund  Employer  Positions over past five years 
Katherine Collins  2018  Putnam Management  Head of Sustainable Investing 
    2017–Present   
    Honeybee Capital  Founder and Chief Executive Officer, 
    2009–2017  Honeybee Capital 
Stephanie Dobson  2018  Putnam Management  Portfolio Manager 
    2017–Present  Previously, Portfolio Manager, Analyst, 
    Fidelity Investments  Equity Research Analyst 
    2011–2017   

 


319917 12/19 

 

 GRAPHIC 3 sustleadsuppx1x1.jpg GRAPHIC begin 644 sustleadsuppx1x1.jpg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end