Putnam BDC Income ETF (PBDC)
PBDC is an actively managed ETF by Putnam. PBDC launched on Sep 29, 2022 and has a 6.79% expense ratio.
ETF Info
| ISIN | US7467295082 |
|---|---|
| Issuer | Putnam |
| Inception Date | Sep 29, 2022 |
| Region | North America (U.S.) |
| Category | Financials Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
PBDC has a high expense ratio of 6.79%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PBDC vs. BIZD, PBDC vs. COWZ, PBDC vs. SVOL, PBDC vs. QQQI, PBDC vs. BITO, PBDC vs. SPYI, PBDC vs. URA, PBDC vs. FSRNX, PBDC vs. GSG, PBDC vs. DBA
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Putnam BDC Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Putnam BDC Income ETF had a return of 13.92% year-to-date (YTD) and 19.82% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.92% | 25.82% |
| 1 month | 1.38% | 3.20% |
| 6 months | 2.56% | 14.94% |
| 1 year | 19.82% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of PBDC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.57% | 1.28% | 4.12% | 2.39% | 2.63% | -0.58% | 0.73% | -1.47% | 0.57% | 1.09% | 13.92% | ||
| 2023 | 8.29% | 2.04% | -4.41% | 0.89% | 2.17% | 5.43% | 5.40% | 0.41% | 1.75% | -4.19% | 6.29% | 3.68% | 30.49% |
| 2022 | 10.64% | 4.47% | -4.08% | 10.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PBDC is 56, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Putnam BDC Income ETF (PBDC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Putnam BDC Income ETF provided a 9.71% dividend yield over the last twelve months, with an annual payout of $3.26 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $3.26 | $3.12 | $0.92 |
Dividend yield | 9.71% | 9.86% | 3.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam BDC Income ETF. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.79 | $0.00 | $0.00 | $0.86 | $0.00 | $2.41 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.79 | $0.00 | $0.85 | $3.12 |
| 2022 | $0.92 | $0.92 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam BDC Income ETF. 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 BDC Income ETF was 10.57%, occurring on Mar 13, 2023. Recovery took 60 trading sessions.
The current Putnam BDC Income ETF drawdown is 1.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.57% | Mar 7, 2023 | 5 | Mar 13, 2023 | 60 | Jun 7, 2023 | 65 |
| -8.47% | Jul 9, 2024 | 20 | Aug 5, 2024 | 51 | Oct 16, 2024 | 71 |
| -6.44% | Nov 28, 2022 | 16 | Dec 19, 2022 | 15 | Jan 11, 2023 | 31 |
| -6.04% | Sep 29, 2023 | 21 | Oct 27, 2023 | 12 | Nov 14, 2023 | 33 |
| -5.38% | Oct 5, 2022 | 5 | Oct 11, 2022 | 10 | Oct 25, 2022 | 15 |
Volatility
Volatility Chart
The current Putnam BDC Income ETF volatility is 3.83%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.