Putnam BDC Income ETF

Price: $32.64
Change: $0.0 (0.0%)
Last Updated:


Brand Putnam
Structure ETF
Expense Ratio 6.79%
ETF Home Page Home page
Inception Sep 29, 2022
Index Tracked ACTIVE - No Index

Analyst Report


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ETF Database Themes

Asset Class Equity
Asset Class Size Multi-Cap
Sector (General) Financials
Sector (Specific) Business Development Company
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. Asset Management & Custody Banks
Category Sector
Focus Financials
Niche Asset Management & Custody Banks
Strategy Active
Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $24.14
  • 52 Week Hi $32.86
  • AUM $60.3 M
  • Shares 1.9 M

Historical Trading Data

  • 1 Month Avg. Volume 24,159
  • 3 Month Avg. Volume 25,114

Alternative ETFs in the ETF Database Financials Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest GABF 0.04% $11.6 M 3,757 7.90%
Largest (AUM) XLF 0.10% $37.1 B 43 M 6.94%
Most Liquid (Volume) XLF 0.10% $37.1 B 43 M 6.94%
Top YTD Performer KBWP 0.35% $226.8 M 23,373 13.23%

Alternative ETFs in the FactSet Equity: U.S. Asset Management & Custody Banks Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BDCZ 0.85% $25.9 M 3,194 0.05%
Largest (AUM) BIZD 11.17% $934.2 M 573,859 1.93%
Most Liquid (Volume) BIZD 11.17% $934.2 M 573,859 1.93%
Top YTD Performer LBO 6.82% $1.4 M N/A 5.48%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

PBDC ETF Database Category Average FactSet Segment Average
Number of Holdings 20 86 26
% of Assets in Top 10 81.10% 49.20% 70.67%
% of Assets in Top 15 95.49% 60.86% 84.34%
% of Assets in Top 50 100.01% 90.47% 95.72%

Size Comparison

PBDC ETF Database Category Average FactSet Segment Average
Large (>12.9B) 0.00% 56.36% 0.00%
Mid (>2.7B) 67.19% 24.99% 32.71%
Small (>600M) 20.58% 10.98% 12.95%
Micro (<600M) 7.91% 1.91% 2.76%

PBDC Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

PBDC Dividend

This section compares the dividend yield of this ETF to its peers.

PBDC ETF Database Category Average FactSet Segment Average
Dividend $ 0.85 $ 0.53 $ 0.52
Dividend Date 2023-12-26 N/A N/A
Annual Dividend Rate $ 3.12 $ 1.52 $ 1.30
Annual Dividend Yield 9.58% 3.73% 5.37%

PBDC Price and Volume Charts

View charts featuring PBDC price and volume data.

PBDC Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 1.61 M 3 Month Net Flows: 11.99 M 6 Month Net Flows: 18.87 M 1 Year Net Flows: 27.63 M 3 Year Net Flows: 54.5 M 5 Year Net Flows: 54.5 M 10 Year Net Flows: 54.5 M

PBDC Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 569.45 K
1 Month Net AUM Change: 1.98 M
3 Month Net AUM Change: 14.35 M
6 Month Net AUM Change: 22.17 M
1 Year Net AUM Change: 32.53 M
3 Year Net AUM Change: 60.33 M
5 Year Net AUM Change: 60.33 M
10 Year Net AUM Change: 60.33 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for PBDC on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Financials Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ XLF
Expenses n/a FNCL

A+ Overall Rated ETF:

PBDC Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores

PBDC does not have an ESG score. There are no ESG themes that map to this ETF.

PBDC Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

PBDC ETF Database
Category Average
Factset Segment
1 Month Return 0.12% 0.41% 0.22%
3 Month Return 6.57% 11.30% 7.15%
YTD Return 3.09% 2.09% 2.64%
1 Year Return 21.16% 7.63% 11.10%
3 Year Return N/A 4.99% 3.73%
5 Year Return N/A 5.85% 2.80%

Geographic Exposure

The following charts reflect the geographic spread of PBDC's underlying holdings.

Region Percentage
North, Central and South America 99.99%
Country Percentage
United States 99.89%
Other 0.1%

Holdings Analysis

The following charts reflect the allocation of PBDC's underlying holdings.

Sector Percentage
Finance 90.0%
Miscellaneous 9.89%
Other 0.1%
Market Cap Percentage
Mid 67.19%
Small 20.58%
Micro 7.91%
Large 0.0%
Region Percentage
Asset Percentage
Share/Common/Ordinary 95.68%
Closed-ended Fund 4.21%
Open-ended Fund 0.1%
Sector Percentage
Finance 90.0%
Miscellaneous 9.89%
Other 0.1%

PBDC Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 12.51%
20 Day Volatility 10.21%
50 Day Volatility 9.88%
200 Day Volatility 11.28%
Beta 1.47
Standard Deviation 2.38%
5 Day Volatility
32 of 33

20 Day Volatility
30 of 33

50 Day Volatility
31 of 32

200 Day Volatility
30 of 32

2 of 31

Standard Deviation
22 of 32


  • 20 Day MA $32.17
  • 60 Day MA $31.83
  • MACD 15 Period 0.46
  • MACD 100 Period 1.71
  • Williams % Range 10 Day 18.18
  • Williams % Range 20 Day 16.30
  • RSI 10 Day 65
  • RSI 20 Day 61
  • RSI 30 Day 60
  • Ultimate Oscillator 67

Bollinger Bands

  • Lower Bollinger (10 Day) $31.77
  • Upper Bollinger (10 Day) $32.95
  • Lower Bollinger (20 Day) $31.40
  • Upper Bollinger (20 Day) $32.89
  • Lower Bollinger (30 Day) $31.52
  • Upper Bollinger (30 Day) $32.86

Support & Resistance

  • Support Level 1 $32.40
  • Support Level 2 $32.15
  • Resistance Level 1 $32.81
  • Resistance Level 2 $32.97


  • Stochastic Oscillator %D (1 Day) 54.64
  • Stochastic Oscillator %D (5 Day) 69.47
  • Stochastic Oscillator %K (1 Day) 57.39
  • Stochastic Oscillator %K (5 Day) 74.52


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.07
  • Maximum Premium Discount (%) 0.42
  • Average Spread (%) 4.02
  • Average Spread ($) 4.02

Financial Advisor Report

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Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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