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
US7467295082
Sep 29, 2022
North America (U.S.)
1x
No Index (Active)
Small-Cap
Value
Expense Ratio
PBDC has a high expense ratio of 6.79%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 17.25% year-to-date (YTD) and 17.79% in the last 12 months.
PBDC
17.25%
1.11%
5.01%
17.79%
N/A
N/A
^GSPC (Benchmark)
25.25%
0.08%
9.66%
25.65%
13.17%
11.11%
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% | 4.39% | 17.25% | |
| 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 71, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
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 9.43% 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 | 9.43% | 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 | $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 0.52%.
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 2.79%, 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.