Putnam BDC Income ETF (PBDC)

PBDC, the only actively managed BDC ETF, continues to outperform its passive peer BIZD across multiple timeframes, justifying its higher expense ratio. Active management allows PBDC to be more selecti...

Putnam BDC Income ETF offers a 9.4% yield and diversified exposure to top U.S. business development companies, mitigating individual BDC risks. The ETF's portfolio includes high-quality BDCs like Blue...

PBDC offers diversified BDC exposure, reducing binary credit risk versus single-name picks, and benefits from active management in uncertain rate environments. Current high yields (~10%) are attractiv...

BDCs offer investors very strong yields and strong recent returns. BIZD and PBDC are the largest BDC ETFs in the market, with yields in the 9.0–11.0% range, positive dividend growth, and strong return...

I am increasingly cautious on BDCs due to rising non-accruals, weaker earnings, and looser underwriting amid intense competition for private credit deals. Elevated interest rates are suppressing BDC v...

The investment provides a dividend yield of nearly 10%, while offering diversified exposure to BDCs. The fund has outperformed its passive counterpart BIZD since the end of 2022 through active managem...

I'm consolidating my BDC holdings into PBDC due to rising risks from prolonged high interest rates and increased competition for quality deals. PBDC offers strong total returns, a nearly 10% dividend ...