Putnam Sustainable Future ETF (PFUT)
| Assets | $6.32M |
| NAV | $16.62 |
| Expense Ratio | 0.64% |
| PE Ratio | 29.27 |
| Shares Out | 380,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -38.48% |
| Volume | 200 |
| Open | 16.56 |
| Previous Close | 17.06 |
| Day's Range | 16.47 - 16.59 |
| 52-Week Low | 15.89 |
| 52-Week High | 30.60 |
| Beta | 1.02 |
| Holdings | 58 |
| Inception Date | May 25, 2021 |
About PFUT
The fund invests mainly in common stocks of U.S. companies of any size, with a focus on companies whose products and services Putnam Management believes provide solutions that directly contribute to sustainable social, environmental and economic development (Impact Companies). Under normal circumstances, the fund invests at least 80% of the value of its net assets in securities that meet Putnam Management's sustainability criteria. In applying these criteria, Putnam Management will assign each company a proprietary environmental, social and/or corporate governance (ESG) rating ranging from 1 to 4.
Top 10 Holdings
30.37% of assets| Name | Symbol | Weight |
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News
ESG Could Get Major Boost From Climate Conference
The 26th U.N. Climate Change Conference of the Parties (COP26) will be held October 31st–November 12th in Scotland, and as more reports are released regarding the effects of global warming, growing ESG ...
ETF Trends and Impact Investing
Sustainability might be on the minds of your clients. In the upcoming webcast, ETF trends and impact investing, Tom Lydon, co-CEO of ETF Flows LLC; Dave Nadig, CIO and director of research of ETF Trends...
New Global Survey Finds Biggest Investors Support Diversity and Engagement
A recent survey of 800 investors globally, ranging from small businesses to large firms, has found that ESG remains a focus for investors for various reasons. The survey by RBC Global Asset Management r...
Is Climate Change a Long-Term Alpha Generator? One CIO Believes So
The ESG investment industry is experiencing exponential growth as investors flood into the space, looking to either invest in alignment with personal values or to capture a piece of the market action. A...
Green Technology and Sustainability Market Forecast for Continued Growth
Sustainability practices continue to be a growing focus by regulatory agencies, investors, and the global community in a world of increasing emissions. While reducing carbon emissions is a major focus, ...
The Infrastructure Bill Is the Tip of ESG Iceberg
As the world works to meet the demands of the Paris Agreement and achieve net-zero emissions, challenges abound. There is going to be no magic bullet for the US to reach a 50% reduction in greenhouse ga...
In Wake of Ida, Sustainable Infrastructure Spending Could Get Boost
Hurricane Ida devastated New Orleans, leaving the city without power indefinitely. The remnants of Ida went on to pummel the East coast, causing tornados and flash floods in New Jersey and New York.
Climate Tech Companies on the Rise with Increased Focus on ESG
Venture capital is being increasingly poured into ESG-centric companies, and climate tech ones in particular have experienced a boom. According to Yahoo Finance, climate tech companies backed by venture...
Putnam Invests in Companies Building ESG from the Ground Up
A recent writeup in Forbes discussed establishing an environmental, social, and governance (ESG) framework for companies and feasible, sustainable ways to approach ESG integration. Having a viable, long...
Investing with Conviction and Principle: A Q&A with Putnam Investments
This spring, long-time mutual fund issuer Putnam Investments debuted its first ETFs, based on four of its leading equity mutual fund strategies. The initial launch included two ESG-focused ETFs, the Pu...
Putnam Investments on the 4 Types of ESG Strategies
Katherine Collins, Head of Sustainable Investing at Putnam Investments and Portfolio Manager for Putnam's two sustainability funds, recently appeared on a webcast with ETF Trends to discuss environmenta...
ESG Alpha: Bettering the World, Bettering Your Portfolio
Investors looking into the socially responsible theme can focus on ETF strategies that invest in companies aligned with investors' investment and sustainability goals. “Sustainable investing has both in...
Stewardship an Increasingly Integral Part of Investing
A recent report from Accenture found that investment stewardship is changing, reported Institutional Investor. The report found that 92% of the asset managers surveyed are looking to upgrade the way tha...
2 ETFs Investing in The ESG Leaders of Today and Tomorrow
ESG is a growing portion of the investment landscape–and growing larger everyday. But should investors focus on the companies that are adapting to today's greatest challenges; or the companies positioni...
Putnam Investments Launches Firm's First Active ETFs
On Wednesday, Putnam Investments announced the debut of its first actively managed ETFs, which are based on four of its leading equity strategies. The new ETFs – the Putnam Sustainable Leaders ETF (PLDR...