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PBDC
-1.65 · -5.17%
$30.29 · NYSE ARCA

Putnam ETF Trust - Putnam BDC Income ETF (PBDC) ETF Analysis | Financial

Franklin Templeton Investments · USA
AUM:$236.3M
#– of – in Financial ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 15.2% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 6.79% — above average for this category.

What is PBDC?

The fund invests mainly in exchange-traded business development companies ("BDCs"). BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held U.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Negative 12-Month Return
PBDC returned -15.2% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 6.79% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 71.0% of the ETF — significant weight in a small number of names.
ETF Information
AUM$236.3M
Expense Ratio6.79%
Dividend Yield10.69%
Holdings22
Inception DateSept 2022
Domicile–
Distribution–
Index–
ProviderFranklin Templeton Investments
Beta0.68
CategoryFinancial
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+8.3%
1Y
-9.4%
3Y
+19.7%
5Y
+60.9%
OpenBook InsightIf you had invested £10,000 in PBDC 5 years ago, it would have grown to £16,087 — a gain of £6,087.

Annual Returns

Calendar year performance

PBDC delivered positive returns in 3 of the last 5 calendar years.
YearPBDC
2026 YTD-5.7%
2025-2.6%
2024+19.2%
2023+28.8%
2022+10.9%
CAGR 4yr+13.5%
3/5 positive yearsAvg return: +10.1%Worst year: -5.7% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
19.6%
Low
Momentum
+6.0%
30-day change
Support Level
26.98
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Monitor key support and resistance levels as part of broader risk assessment.
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