PBDC ETF

PBDC ETF
$28.33
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Fund Essentials - as of Jul 29, 2026

Net Assets
$314M
Expense Ratio
13.49%
Dividend Yield (Current)
11.60%
Holdings
28
Inception Date
Sep 29, 2022
Fund Family
Putnam Investments
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Quarterly
SEC 30-Day Yield
PRO

Performance

YTD-9.69%
1 Year-13.18%
3 Year+4.75%

Asset Allocation

Stocks: 99.68%
Cash: 0.29%
Other: 0.03%
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Top Holdings

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TickerNameWeight
ORCCOwl Rock Capital Corp Com Usd 110.84%
ARCCAres Capital Corp10.35%
OTFBlue Owl Technology Finance Corp10.04%
HTGCHercules Capital Inc8.26%
GBDCGolub Capital Bdc Inc Common Stock Usd.0017.49%
Top 10 Concentration: 71.22%Report Date: Jul 29, 2026
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Dividend Summary

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Dividend Yield (Current)
11.60%
Frequency
Quarterly
Latest Distribution
$0.70
Jul 7, 2026
12M Distributions
4 payments
Total: $3.05

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

PBDC ETF Overview

PBDC ETF (Putnam BDC Income ETF) is managed by Putnam Investments with $314.1M in net assets. PBDC expense ratio is 13.49%, holding 28 positions across sectors including Financials. Inception date: 2022-09-29.

PBDC performance shows a YTD return of -9.69%. The 1-year return is -13.18%. PBDC dividend yield stands at 11.60%, paid quarterly.

PBDC top holdings include Owl Rock Capital Corp Com Usd 1 (10.8%), Ares Capital Corp (10.3%), Blue Owl Technology Finance Corp (10.0%), Hercules Capital Inc (8.3%), Golub Capital Bdc Inc Common Stock Usd.001 (7.5%). Go to all PBDC holdings, PBDC sectors, or PBDC dividends.

PBDC can be compared against other funds. Use PBDC overlap to find shared positions, or PBDC vs another fund for a side-by-side view. PBDC alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
-0.76%
YTD
-9.69%
1 Year
-13.18%
3 Year
+4.75%

Top 10 Holdings (71.2% of portfolio)

#TickerNameSectorWeight
1ORCCOwl Rock Capital Corp Com Usd 1Financials10.84%
2ARCCAres Capital CorpFinancials10.35%
3OTFBlue Owl Technology Finance CorpUnknown10.04%
4HTGCHercules Capital IncFinancials8.26%
5GBDCGolub Capital Bdc Inc Common Stock Usd.001Financials7.49%
6MAINMain Street Capital CorpFinancials6.70%
7TRINTrinity Capital IncFinancials4.76%
8TSLXSixth Street Specialty Lending IncFinancials4.36%
9BXSLBlackstone Secured Lending FundFinancials4.28%
10BBDCBarings Bdc, Inc.Financials4.14%