- ISIN
- US7468025116
- CUSIP
- 746802511
- Issuer
- Putnam
- Inception Date
- Nov 1, 1999
- Category
- Mid Cap Growth Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
PMVAX Performance Chart
Putnam Sustainable Future Fund (PMVAX) is up 5.5% since the beginning of the year. PMVAX is currently trading at $19 per share. Investors who bought $1,000 worth of PMVAX shares 5 years ago would now be looking at an investment worth $1,031.
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Returns By Period
Putnam Sustainable Future Fund (PMVAX) has returned 5.46% so far this year and 10.57% over the past 12 months. Over the last ten years, PMVAX has returned 9.33% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Putnam Sustainable Future Fund
- 1D
- 1.77%
- 1M
- 4.30%
- YTD
- 5.46%
- 6M
- 3.50%
- 1Y
- 10.57%
- 3Y*
- 11.92%
- 5Y*
- 0.62%
- 10Y*
- 9.33%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PMVAX Monthly Returns History
Based on dividend-adjusted daily data since Oct 29, 1999, PMVAX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +19.1%, while the worst month was Oct 2008 at -21.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PMVAX closed higher 53% of trading days. The best single day was Nov 16, 2000 with a return of +10.9%, while the worst single day was Dec 20, 2000 at -12.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.45% | 0.40% | -6.14% | 8.61% | 3.29% | 2.27% | 5.46% | ||||||
| 2025 | 7.31% | -8.78% | -8.96% | 1.91% | 8.55% | 3.05% | 2.51% | -1.44% | 1.56% | 0.48% | 0.29% | -2.30% | 2.64% |
| 2024 | 1.91% | 6.53% | 2.76% | -5.74% | 5.35% | 0.98% | 0.18% | 1.57% | 2.31% | -1.73% | 7.44% | -6.58% | 14.87% |
| 2023 | 7.56% | -1.73% | 2.76% | -2.50% | 2.38% | 5.88% | 3.06% | -2.30% | -5.17% | -3.63% | 12.44% | 8.27% | 28.60% |
| 2022 | -13.90% | -2.60% | 1.46% | -12.00% | -3.63% | -7.47% | 11.29% | -4.07% | -9.10% | 5.07% | 4.25% | -6.92% | -33.93% |
| 2021 | 0.96% | 2.21% | -0.85% | 4.48% | -1.83% | 7.29% | 1.80% | 2.05% | -5.35% | 6.19% | -7.59% | -2.44% | 5.99% |
Benchmark Metrics
Putnam Sustainable Future Fund has an annualized alpha of 2.92%, beta of 1.01, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since October 29, 1999.
- This fund captured 110.09% of S&P 500 Index gains but only 97.37% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 2.92% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.01 and R2 of 0.83, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.92%
- Beta
- 1.01
- R²
- 0.83
- Upside Capture
- 110.09%
- Downside Capture
- 97.37%
Expense Ratio
PMVAX has a high expense ratio of 1.00%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PMVAX ranks 8 for risk / return — in the bottom 8% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Putnam Sustainable Future Fund (PMVAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PMVAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.79 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.37 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 2.78 | -2.10 |
| Martin ratioReturn relative to average drawdown | 1.99 | 12.44 | -10.45 |
Dividends
Dividend History
Putnam Sustainable Future Fund provided a 13.50% dividend yield over the last twelve months, with an annual payout of $2.56 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.56 | $2.56 | $2.50 | $0.00 | $0.00 | $3.72 | $2.52 | $0.48 | $4.47 | $0.89 | $0.42 | $1.42 |
Dividend yield | 13.50% | 14.24% | 12.53% | 0.00% | 0.00% | 16.32% | 10.06% | 2.67% | 31.09% | 4.49% | 2.25% | 8.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Sustainable Future Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.56 | $2.56 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.50 | $2.50 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.72 | $3.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Sustainable Future Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Putnam Sustainable Future Fund was 61.94%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.
The current Putnam Sustainable Future Fund drawdown is 6.04%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -61.94%Mar 2009 | 1y 9mo | 3y 10mo | 5y 7moJun 2007 - Jan 2013 |
Bear market2022 | -44.20%Oct 2022 | 11mo 9d | — | 4y 7moNov 2021 - now |
Dot-com crash2000–2002 | -34.22%Oct 2002 | 5mo 24d | 1y 2mo | 1y 8moApr 2002 - Dec 2003 |
COVID crash2020 | -31.43%Mar 2020 | 1mo 2d | 2mo 12d | 3mo 14dFeb 2020 - Jun 2020 |
Rate-hike selloffLate 2018 | -21.53%Dec 2018 | 3mo 8d | 2mo 27d | 6mo 5dSep 2018 - Mar 2019 |
Drawdown Indicators
| PMVAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.94% | -56.78% | -5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -14.96% | -9.10% | -5.86% |
Max Drawdown (3Y)Largest decline over 3 years | -27.38% | -18.90% | -8.48% |
Max Drawdown (5Y)Largest decline over 5 years | -44.20% | -25.43% | -18.77% |
Max Drawdown (10Y)Largest decline over 10 years | -44.20% | -33.92% | -10.28% |
Current DrawdownCurrent decline from peak | -6.04% | -1.80% | -4.24% |
Average DrawdownAverage peak-to-trough decline | -11.00% | -10.71% | -0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.10% | 2.03% | +3.07% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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