New
Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →
Help us improve your experience. Please confirm your investor type:
Compare ETFs Easily
The Ultimate ETF Comparison Tool - Try Now!
Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.
PBDC ETF · Putnam BDC Income ETF
The PBDC Exchange Traded Fund (ETF) is provided by Putnam. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofUS Financials1M perf.+5.31%
Last price
$28.56
1M perf.
+5.47%
1M flows
+€12M
AuM
€237M
TER
13.49%
Rating
Not rated
ESG Consensus®
PBDC
$28.56
Performance & flows
Segment for quartile rank
February 6, 2026 → May 6, 2026
Create a free account to view the flows graph
PBDC
$28.51
+1.87%
US Financials
-3.57%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +5.47%  | +1.87%  | +0.99%  | +38.80% | N/A | +0.24% | +6.31% | -4.19% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
5/6/2026
$28.51
1D NAV change
-1.15%
Dividend policy
No. of holdings
18
Inception date
9/29/2022
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Investment strategy
Putnam BDC Income ETF – Seeks current income by investing mainly in exchange traded BDCs based in the U.S. and registered with the SEC. BDCs generally invest in, lend capital to or provide services to privately-held U.S. companies or thinly traded U.S. public companies.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
New to Trackinsight?
For individual investors
Essentials
A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.
More fund data
Compare up to 3 funds
More screener filters
Choose your own screener columns from 100+ metrics
Lists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring
For professional investors
Enterprise
Trackinsight Enterprise addresses the everyday operational, regulatory, and analytical pain points faced by professional and institutional ETF investors, from selection to execution.
Request a free trialAdvertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.87% | +0.99% | +38.80% | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
73.80%
Unavailable
26.20%
Sectors
Financials
68.11%
Unavailable
31.89%
Diversification
Total weight of top 15 holdings out of 18
Top 15 holdings
Data as of March 31, 2026
ARES CAPITAL
OWL ROCK CAPITAL CORP
MAIN STREET CAPITAL
HERCULES CAPITAL INC
GOLUB CAPITAL BDC
US09261X1028
FS KKR CAPITAL CORP
TRINITY CAPITAL
Create a free account to view top holdings
BARINGS BDC INC
SLR INVESTMENT CORP
CAPITAL SOUTHWEST
BAIN CAPITAL SPECIALTY FINANCE INC
APOLLO INVESTMENT
CRESCENT CAPITAL BDC INC
RUNWAY GROWTH FINANCE
Create a free account to view top holdings
More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
Putnam
Putnam ID Card
Number of funds
12
Total AuM
€9.17B
Expense ratio range
0.25% - 13.49%
Average expense ratio
1.6108%
Top 5 funds by Putnam
| AuM | ||
|---|---|---|
PVAL | Putnam Focused Large Cap Value ETF | €8.75B |
PBDC | Putnam BDC Income ETF | €237M |
PGRO | Putnam Focused Large Cap Growth ETF | €95M |
PULT | Putnam ESG Ultra Short ETF | €35M |
PEMX | Putnam Emerging Markets ex-China ETF | €18M |
Frequently asked questions about PBDC
What does Putnam BDC Income ETF, PBDC, invest in?
PBDC is a Active ETF. This ETF provides exposure to Other US Closed End Investments Equities.
What is the Total Expense ratio (TER) of PBDC?
PBDC carries a total expense ratio (TER) of 13.49%, indicating the annual cost for holding the fund.
When was PBDC launched?
PBDC was introduced to the market on September 29, 2022. It trades on United States
Who is the ETF issuer of PBDC?
Putnam BDC Income ETF, PBDC, is provided by Putnam. Learn more about Putnam here.
What is the current assets under management (AUM) of PBDC?
PBDC oversees €237M in assets as of May 6, 2026.
How has PBDC performed lately?
Based on data from May 6, 2026, PBDC returned 5.47% over the past month, 1.87% over the last three months and -4.19% year-to-date.
What are the latest inflows or outflows for PBDC?
As of May 6, 2026, PBDC recorded net flows of +€12M over the last month and +€38M year-to-date.
Does PBDC distribute dividends?
PBDC follows a distributing dividend policy, meaning it pays out income to investors. As of May 6, 2026, its 12-month trailing yield was 11.03%.
What are the main country or region exposures of PBDC?
As of March 31, 2026, PBDC has significant geographic allocations in USA.
In which sector or theme does PBDC invest in?
As of March 31, 2026, PBDC focuses largely on Financials.
How many securities does PBDC hold and how diversified is it?
As of March 31, 2026, PBDC holds 18 positions in its portfolio, with 70.97% of assets concentrated in its top 15 holdings.
What are the main positions in PBDC?
As of March 31, 2026, PBDC top three holdings include ARES CAPITAL, OWL ROCK CAPITAL CORP and MAIN STREET CAPITAL.
What is the base currency of PBDC?
The base currency of PBDC is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
