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Putnam BDC Income ETF (PBDC)

33.98 +0.28 (+0.82%)
At close: April 26 at 3:40 PM EDT
Key Events
Loading Chart for PBDC
DELL
  • Previous Close 33.71
  • Open 33.73
  • Bid 30.78 x 1000
  • Ask 37.23 x 1000
  • Day's Range 33.88 - 34.06
  • 52 Week Range 26.62 - 34.06
  • Volume 25,814
  • Avg. Volume 30,490
  • Net Assets 72.85M
  • NAV 33.98
  • PE Ratio (TTM) 15.48
  • Yield 9.19%
  • YTD Daily Total Return 9.82%
  • Beta (5Y Monthly) 0.00
  • Expense Ratio (net) 6.79%

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.S. companies or thinly traded U.S. public companies. The fund is non-diversified.

Franklin Templeton Investments

Fund Family

Financial

Fund Category

72.85M

Net Assets

2022-09-29

Inception Date

Performance Overview: PBDC

Trailing returns as of 4/26/2024. Category is Financial.

YTD Return

PBDC
9.82%
Category
7.57%
 

1-Year Return

PBDC
38.01%
Category
27.76%
 

3-Year Return

PBDC
0.00%
Category
5.12%
 

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Holdings: PBDC

Top 10 Holdings (78.44% of Total Assets)

SymbolCompany% Assets
OBDC
Blue Owl Capital Corporation 12.65%
ARCC
Ares Capital Corporation 12.17%
BXSL
Blackstone Secured Lending Fund 10.05%
MAIN
Main Street Capital Corporation 9.77%
FSK
FS KKR Capital Corp. 7.22%
HTGC
Hercules Capital, Inc. 6.83%
GBDC
Golub Capital BDC, Inc. 5.62%
TSLX
Sixth Street Specialty Lending, Inc. 5.48%
MFIC
MidCap Financial Investment Corporation 4.54%
BCSF
Bain Capital Specialty Finance, Inc. 4.12%

Sector Weightings

SectorPBDC
Real Estate   0.00%
Technology   0.00%
Utilities   0.00%
Industrials   0.00%
Energy   0.00%
Healthcare   0.00%

Recent News: PBDC

Research Reports: PBDC

  • Analyst Report: Rithm Capital Corporation

    Rithm Capital Corp. is a publicly traded REIT focused on residential housing. The company's investment portfolio consists of servicing assets, residential securities and loans, non-agency securitization call rights, and consumer loans. Operating businesses include mortgage lending, servicing, appraisal, title insurance, diversified mortgage services, insurance, and property management.

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  • Market Digest: CMI, DINO, KO, BABA, NEWR, RITM, DINO, KO, CMI, BABA, NEWR, RITM

    While not at all a sure thing, the possibility that the Fed might engineer a so-called soft landing is in play. On an admittedly less-impactful basis, insiders may be crafting a soft landing of their own. For the better part of a month, insider-sentiment data from Vickers Stock Research was trending in a bearish direction -- driven somewhat by low transaction volume during earnings season, but more noticeably by bearish spikes in response to the surprise moves from Fitch and Moody's that clouded the outlook for the U.S. economy and the banking sector. But now, we see evidence that insider sentiment is calming while transaction volume is growing (as the end of earnings season nears).

     
  • Analyst Report: IDEXX Laboratories, Inc.

    Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets close to 40% of its revenue from outside the United States.

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  • Analyst Report: Invitation Homes Inc.

    Invitation Homes owns a portfolio of over 83,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $300,000 and generally less than 1,800 square feet. The portfolio is spread across 16 target markets that feature high employment and household formation growth with nearly 70% of the portfolio in the Western U.S. and Florida; 15 of the 16 markets featuring average rents lower than homeownership costs.

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