Putnam BDC Income ETF (PBDC)
| Bid | 31.55 |
| Market Cap | 239.56M |
| AUM | 233.02M |
| NAV | 31.99 |
| EPS (ttm) | 3.17 |
| PE Ratio (ttm) | 10.03 |
| Shares Out | 7.54M |
| Inception Date | Sep 29, 2022 |
| Ask | 32.27 |
| Volume | 141,229 |
| Open | 31.81 |
| Previous Close | 31.95 |
| Day's Range | 31.61 - 32.04 |
| 52-Week Range | 27.85 - 36.86 |
| Holdings | 24 |
| Expense Ratio | 13.49% |
About PBDC
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.
Top 10 Holdings 59.22% of assets
| Name | Symbol | Weight |
|---|---|---|
| Ares Capital Corpora... | ARCC | 10.85% |
| Blue Owl Capital Cor... | OBDC | 9.66% |
| Hercules Capital, In... | HTGC | 7.63% |
| Golub Capital Bdc, I... | GBDC | 7.03% |
| Sixth Street Special... | TSLX | 5.10% |
| Fs Kkr Capital Corp. | FSK | 4.27% |
| Trinity Capital Inc. | TRIN | 3.91% |
| Midcap Financial Inv... | MFIC | 3.83% |
| Crescent Capital Bdc... | CCAP | 3.53% |
| Barings Bdc, Inc. | BBDC | 3.41% |
Dividends Dividend Yield 9.65%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| Jul 7, 2025 | $0.7868 | Jul 18, 2025 |
| Apr 4, 2025 | $0.7911 | Apr 17, 2025 |
| Dec 27, 2024 | $0.7896 | Dec 31, 2024 |
| Oct 4, 2024 | $0.8571 | Oct 18, 2024 |
| Jul 5, 2024 | $0.7864 | Jul 18, 2024 |
18 hours ago · seekingalpha.com
PBDC: Active BDC ETF, Strong 10.1% Dividend Yield, Strong Performance Track-RecordPutnam BDC Income ETF is an actively-managed BDC ETF. It currently yields 10.1%, significantly more than most equities, bonds, and other asset classes. Although Federal Reserve cuts are an important h...
1 month ago · seekingalpha.com
Inside The Income Factory: Credit Asset Investing With Steven BavariaSteven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and ...
1 month ago · seekingalpha.com
PBDC: It Has Become Even Less Attractive Way To Capture BDC ExposurePBDC remains the best ETF for BDC exposure, but its heavy tilt toward large-cap, first-lien BDCs is increasingly problematic. Rising competition and likely interest rate cuts threaten earnings and div...
