Putnam ESG High Yield ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Putnam ESG High Yield ETF - PHYD
Morningstar’s Analysis PHYD
Will PHYD outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PHYD 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 PHYD’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Putnam Government Money Market P | 33.39 | 3M | Cash and Equivalents |
Apld Computeco LLC 9.25% | 7.67 | 575,113 | Corporate |
Neptune BidCo US Inc. 9.5% | 4.93 | 370,132 | Corporate |
Ccp Initial Margin Jpmusd | 1.87 | 140,262 | Cash and Equivalents |
Kinetik Holdings LP 5.875% | 0.89 | 66,452 | Corporate |
Wynn Resorts Finance Llc / Wynn Resorts Capital Corp 7.125% | 0.82 | 61,153 | Corporate |
Firstcash Inc 6.875% | 0.77 | 57,442 | Corporate |
R.R. Donnelley & Sons Co. 9.5% | 0.74 | 55,789 | Corporate |
Wesco Distribution, Inc. 6.625% | 0.69 | 51,412 | Corporate |
Beach Acquisition Bidco LLC 10% | 0.68 | 51,391 | Corporate |
United States