Morningstar

Putnam BDC Income ETF PBDC

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub

Morningstar’s Analysis PBDC

Will PBDC outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PBDC’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PBDC management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PBDC’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Putnam BDC Income ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PBDC

More PBDC Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 71.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ares Capital Corp

11.32 29M
Financial Services

Blue Owl Capital Corp Ordinary Shares

10.06 26M
Financial Services

Blue Owl Technology Finance Corp

9.34 24M
Financial Services

Main Street Capital Corp

9.19 24M
Financial Services

Hercules Capital Inc

9.02 23M
Financial Services

Golub Capital BDC Inc

5.28 14M
Financial Services

Trinity Capital Inc Ordinary Shares

4.77 12M
Financial Services

Blackstone Secured Lending Fund Ordinary Shares

4.50 12M
Financial Services

Sixth Street Specialty Lending Inc

4.27 11M
Financial Services

Capital Southwest Corp

3.72 10M
Financial Services

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