PBDC ETF

PBDC ETF
$25.20
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Fund Essentials - as of Oct 1, 2026

Net Assets
$269M
Expense Ratio
11.77%
Dividend Yield (Current)
11.33%
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-7.57%
1 Year-5.62%
3 Year-2.66%

Asset Allocation

Stocks: 99.93%
Cash: 0.07%
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Top Holdings

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TickerNameWeight
ARCCAres Capital Corp10.44%
OBDCBlue Owl Capital Corp10.29%
OTFBlue Owl Technology Finance Corp9.74%
HTGCHercules Capital Inc8.74%
MAINMain Street Capital Corp8.04%
Top 10 Concentration: 69.79%Report Date: Oct 1, 2026
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Dividend Summary

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Dividend Yield (Current)
11.33%
Frequency
Quarterly
Latest Distribution
$0.73
Oct 6, 2026
12M Distributions
4 payments
Total: $2.97

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 $268.5M in net assets. PBDC expense ratio is 11.77%, holding 28 positions across sectors including Financials. Inception date: 2022-09-29.

PBDC performance shows a YTD return of -7.57%. The 1-year return is -5.62%. PBDC dividend yield stands at 11.33%, paid quarterly.

PBDC top holdings include Ares Capital Corp (10.4%), Blue Owl Capital Corp (10.3%), Blue Owl Technology Finance Corp (9.7%), Hercules Capital Inc (8.7%), Main Street Capital Corp (8.0%). 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
-5.87%
YTD
-7.57%
1 Year
-5.62%
3 Year
-2.66%

Top 10 Holdings (69.8% of portfolio)

#TickerNameSectorWeight
1ARCCAres Capital CorpFinancials10.44%
2OBDCBlue Owl Capital CorpFinancials10.29%
3OTFBlue Owl Technology Finance CorpUnknown9.74%
4HTGCHercules Capital IncFinancials8.74%
5MAINMain Street Capital CorpFinancials8.04%
6GBDCGolub Capital Bdc Inc Common Stock Usd.001Financials5.30%
7TRINTrinity Capital IncFinancials4.84%
8TSLXSixth Street Specialty Lending IncFinancials4.37%
9BXSLBlackstone Secured Lending FundFinancials4.34%
10CSWCCapital Southwest Corp.Financials3.69%