PBDC ETF

PBDC ETF
$25.31
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Fund Essentials - as of Sep 16, 2026

Net Assets
$294M
Expense Ratio
11.77%
Dividend Yield (Current)
10.67%
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-1.26%
1 Year-6.36%
3 Year-2.66%

Asset Allocation

Stocks: 98.94%
Cash: 0.09%
Other: 0.97%
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Top Holdings

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TickerNameWeight
OBDCBlue Owl Capital Corp10.60%
OTFBlue Owl Technology Finance Corp10.28%
ARCCAres Capital Corp10.25%
HTGCHercules Capital Inc8.84%
MAINMain Street Capital Corp7.79%
Top 10 Concentration: 69.26%Report Date: Sep 16, 2026
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Dividend Summary

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Dividend Yield (Current)
10.67%
Frequency
Quarterly
Latest Distribution
$0.70
Jul 7, 2026
12M Distributions
3 payments
Total: $2.23

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 $293.8M 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 -1.26%. The 1-year return is -6.36%. PBDC dividend yield stands at 10.67%, paid quarterly.

PBDC top holdings include Blue Owl Capital Corp (10.6%), Blue Owl Technology Finance Corp (10.3%), Ares Capital Corp (10.3%), Hercules Capital Inc (8.8%), Main Street Capital Corp (7.8%). 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
+8.74%
YTD
-1.26%
1 Year
-6.36%
3 Year
-2.66%

Top 10 Holdings (69.3% of portfolio)

#TickerNameSectorWeight
1OBDCBlue Owl Capital CorpFinancials10.60%
2OTFBlue Owl Technology Finance CorpUnknown10.28%
3ARCCAres Capital CorpFinancials10.25%
4HTGCHercules Capital IncFinancials8.84%
5MAINMain Street Capital CorpFinancials7.79%
6GBDCGolub Capital Bdc Inc Common Stock Usd.001Financials5.06%
7TRINTrinity Capital IncFinancials4.77%
8BXSLBlackstone Secured Lending FundFinancials4.17%
9TSLXSixth Street Specialty Lending IncFinancials4.09%
10MSIFMsc Income Fund Inc Sedol Bmd6Tf6Unknown3.41%