Putnam BDC Income ETF (PBDC)
| Assets | $313.37M |
| Expense Ratio | 13.49% |
| PE Ratio | 11.11 |
| Shares Out | 11.10M |
| Dividend (ttm) | $3.05 |
| Dividend Yield | 10.81% |
| Ex-Dividend Date | Jul 7, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 120.07% |
| Volume | 34,312 |
| Open | 28.24 |
| Previous Close | 28.27 |
| Day's Range | 28.23 - 28.47 |
| 52-Week Low | 25.95 |
| 52-Week High | 34.00 |
| Beta | 0.58 |
| Holdings | 25 |
| Inception Date | Sep 29, 2022 |
About PBDC
Fund Home PageThe Putnam BDC Income ETF (PBDC) is an exchange-traded fund that mostly invests in financials equity. The fund is actively managed to hold a portfolio of US business development companies (BDCs) whose principal business is to invest in, lend capital to, or provide services to privately held or thinly traded US companies. PBDC was launched on Sep 29, 2022 and is issued by Putnam.
Top 10 Holdings
70.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Blue Owl Technology Finance Corp. | OTF | 10.69% |
| Blue Owl Capital Corporation | OBDC | 10.52% |
| Ares Capital Corporation | ARCC | 10.25% |
| Hercules Capital, Inc. | HTGC | 8.56% |
| Main Street Capital Corporation | MAIN | 7.87% |
| Golub Capital BDC, Inc. | GBDC | 5.54% |
| Trinity Capital Inc. | TRIN | 4.89% |
| Blackstone Secured Lending Fund | BXSL | 4.21% |
| Sixth Street Specialty Lending, Inc. | TSLX | 4.19% |
| Barings BDC, Inc. | BBDC | 3.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 7, 2026 | $0.6955 | Jul 14, 2026 |
| Apr 7, 2026 | $0.71273 | Apr 14, 2026 |
| Dec 19, 2025 | $0.8251 | Dec 31, 2025 |
| Oct 6, 2025 | $0.82046 | Oct 17, 2025 |
| Jul 7, 2025 | $0.7868 | Jul 18, 2025 |
| Apr 4, 2025 | $0.7911 | Apr 17, 2025 |
Performance
PBDC had a total return of -6.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.55%.
News
Putnam Investments Launches Fixed Income and Non-U.S. Equity Exchange-Traded Funds
BOSTON--(BUSINESS WIRE)--Putnam Investments today announced that it has officially launched five new transparent, actively managed exchange-traded funds (ETFs) that begin trading today on the New Yo...
Putnam Investments to Launch Two Innovative Active ETFs
BOSTON--(BUSINESS WIRE)--On Friday, September 30, Putnam Investments will begin to offer two new transparent, actively managed, equity exchange-traded funds (ETFs). The firm will be launching Putnam B...