PBDCPutnam BDC Income ETF

Get income3y track recordRanked #1,065 of 1,622 in this goal

Seeks current income.

By Franklin Templeton Investments · Launched 2022

Annual Cost

13.49%

#5,561 of 5,562 · expensive

Fund Size

$276M

#2,022 of 5,562 · mid-size

Dividend YieldGoal

11.50%

Track Record

3 years

#2,803 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$8,819-11.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

Sector

Financials

Focus

BDC

What it actually holds

By weight

Concentration

Top 10 holdings = 70.6% of fundconcentrated

Ares Capital Corp

12.0%

Blue Owl Technology Finance Co

10.5%

Main Street Capital Corp

7.8%

Blue Owl Capital Corp

7.5%

Hercules Capital Inc

7.3%

FS KKR Capital Corp

6.3%

Blackstone Secured Lending Fun

6.2%

Sixth Street Specialty Lending

5.1%

Trinity Capital Inc

4.4%

Kayne Anderson BDC Inc

3.7%

Asset allocation

Stocks

98.2%

Other

1.7%

Cash

0.1%

By sector

Financial Services

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

18.7%Moderate

Year-on-year price swings

Max drawdown

-20.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.26Below average

Sortino (3Y)

0.35Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks current income.
Strategy: Invests mainly in exchange-traded business development companies (BDCs) organized in the U.S. BDCs invest in, lend capital to, or provide services to privately-held U.S. companies or thinly traded U.S. public companies, with a focus on stability of dividend income and return potential.
Inception date: September 29, 2022
Fund family: Franklin Templeton Investments