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Managed Fund Since 2018
Equity
Putnam VT Sustainable Leaders Fund
Popular Documents
Total Net Assets
$943.20M
As of 12/31/2025 (Updated Monthly)
Overview
Fund Facts
Fund description
The fund seeks long-term capital appreciation. The fund invests in companies that have demonstrated leadership in key sustainability issues that are financially material to their business context.
- Benchmark
- S&P 500 Index
- Additional Benchmark
- Putnam VT Sustainable Leaders Linked Benchmark
- Fund Inception Date
- 05/02/1994
- Share Class Inception Date
- 04/30/1998
Identifiers
- Ticker
- —
- Fund Number
- 5458
- CUSIP Code
- 746896554
- Bloomberg Code
- VPNOIBV US
Top Sectors
As of 12/31/2025 % of Total (Updated Monthly)
Information Technology33.43% | |
Health Care12.77% | |
Consumer Discretionary12.33% | |
Financials11.45% | |
Communication Services8.13% |
Additional Fund Info
- Asset Class
- Equity
- Morningstar Category
4 - Large Growth
- Lipper Classification
- N/A
- Investment Style
- Growth
Manager and Commentary
About the Team
Putnam Investments
Putnam Investments has been serving clients and shareholders for over 85 years. We manage a range of equity portfolios with a focus on stock-specific opportunities. Our approach — stock-driven rather than style-driven — is designed to offer consistent outperformance, regardless of the market environment. Our portfolios are fueled by a variety of independent views and perspectives, enhanced by fundamental research and ongoing dialogue and debate. We combine this with portfolio construction that aims to reduce broader macro exposures and manage downside risk.
Putnam Investments
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Managed Fund Since 2025
Latest Insights
January 8, 2026
December 10, 2025
August 14, 2025
Portfolio
Assets
As of11/30/2025 (Updated Monthly)
- Total Net Assets
- $960.26 Million
Positions
As of 11/30/2025 (Updated Monthly)
Number of Issuers
- Fund
- 55
Portfolio Statistics
As of 11/30/2025 (Updated Monthly)
Price to Book
- Fund
- 6.01x
- Fund
- $1,577.75 Billion
- Fund
- 24.75x
Geographic Allocation
As of 12/31/2025 % of Total (Updated Monthly)
| Geography | Fund |
|---|---|
United States | 89.55% |
United Kingdom | 3.27% |
Canada | 1.48% |
Netherlands | 1.32% |
Denmark | 1.15% |
Switzerland | 0.89% |
France | 0.86% |
Ireland | 0.59% |
Cash & Other Net Assets | 0.90% |
Holdings
As of 11/30/2025 (Updated Monthly)
MICROSOFT CORP SEDOL 2588173
APPLE INC SEDOL 2046251
NVIDIA CORP SEDOL 2379504
ALPHABET INC-CL A SEDOL BYVY8G0
AMAZON.COM INC SEDOL 2000019
BROADCOM INC SEDOL BDZ78H9
ELI LILLY & CO SEDOL 2516152
JPMORGAN CHASE & CO SEDOL 2190385
TESLA INC SEDOL B616C79
MASTERCARD INC - A SEDOL B121557
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
Federal ID Number 04-6754874
For information on tax years prior to 2008, please contact us2025 tax information will be available in early February
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Data not currently available.
Documents
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Financial Statements and Other Information - Putnam VT Sustainable Leaders Fund | |||
| Annual Report - Putnam VT Sustainable Leaders Fund - Class IB | |||
| Semi-Annual Report - Putnam VT Sustainable Leaders Fund - Class IB | |||
| Semi-Annual Financial Statements and Other Information - Putnam VT Sustainable Leaders Fund | |||
| Prospectus - Putnam VT Sustainable Leaders Fund | |||
| Summary Prospectus - Putnam VT Sustainable Leaders Fund | |||
| Statement Of Additional Information - Putnam Variable Trust | |||
| Fiscal Q1 Holdings - Putnam VT Sustainable Leaders Fund | |||
| Fiscal Q3 Holdings - PUTNAM VARIABLE TRUST |
Risks
All investments involve risks, including possible loss of principal. The investment style may become out of favor, which may have a negative impact on performance. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The managers’ environmental, social and governance (ESG) strategies may limit the types and number of investments available and, as a result, may forgo favorable market opportunities or underperform strategies that are not subject to such criteria. There is no guarantee that the strategy's ESG directives will be successful or will result in better performance. Active management does not ensure gains or protect against market declines. These and other risks are discussed in the fund’s prospectus.
Important Information
Past performance is no guarantee of future results. These portfolios are available as investment options under a variable annuity or variable life contract. Shares of the portfolios are offered only to insurance company separate accounts that fund certain variable annuity or life contracts. These portfolios may not be available in all states and may only be offered in certain variable products. Please refer to the prospectuses. Variable annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Withdrawals made prior to age 59 1/2 are subject to a 10% IRS penalty charge and/or surrender charges. Investments in a variable annuity are subject to market risks, including loss of principal. Guarantees are based on the claims-paying ability of the insurer.
VARIABLE ANNUITIES ARE SOLD BY PROSPECTUS ONLY. AN INVESTOR SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO CAREFULLY BEFORE INVESTING. THE PROSPECTUSES CONTAIN THIS AND OTHER IMPORTANT INFORMATION ABOUT THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO. FOR A FREE PROSPECTUS ON THE UNDERLYING PORTFOLIO, PLEASE CLICK ON THE PROSPECTUS LINK. AN INVESTOR SHOULD READ THE PROSPECTUSES CAREFULLY BEFORE INVESTING.
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CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The Putnam VT Sustainable Leaders Linked Benchmark represents the performance of the Russell 3000® Growth Index through August 31, 2019, and the performance of the S&P 500® Index thereafter.
The S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization. Source: © S&P
Franklin Distributors, LLC. Member FINRA/SIPC. Putnam Investment is a Franklin Templeton company. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) 530-2432 for more information.