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About Putnam ESG Core Bond ETF
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Inception date
Jan 19, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Franklin Advisers, Inc.
Distributor
Franklin Distributors LLC
ISIN
US7467296072
PCRB invests in investment grade US fixed income securities that meet ESG standards on a sector-specific basis. The portfolio may include government and corporate debt securities that have maturities three years or longer. The fundamentals of Issuers such as industry, location, strategic position, and key relationships are considered. Securities are rated for ESG criteria and only the highest-rated considered. To identify relevant sector-specific ESG criteria, the fund uses an internally developed materiality map that determines which criteria are deemed important for a given sector. For example, securitized debt securities are broadly evaluated due to various asset types, counterparties, complex market structure, and scarce ESG data. Sovereign debt securities are evaluated using quantitative models and research, as better ESG scores may influence a countrys credit risk and borrowing costs. The actively managed fund may use derivatives for hedging and non-hedging purposes.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Government
Corporate
Bonds, Cash & Other100.00%
Securitized35.14%
Government34.27%
Corporate25.39%
Mutual fund2.98%
ETF1.91%
Miscellaneous0.29%
Cash0.02%
Stock breakdown by region
North America95.74%
Europe3.51%
Oceania0.42%
Asia0.33%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PCRB invests in bonds. The fund's major sectors are Securitized, with 35.14% stocks, and Government, with 34.27% of the basket. The assets are mostly located in the North America region.
PCRB last dividends amounted to 0.19 USD. The month before, the issuer paid 0.17 USD in dividends, which shows a 10.64% increase.
PCRB assets under management is 838.75 M USD. It's risen 2.24% over the last month.
PCRB fund flows account for 180.14 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PCRB pays dividends to its holders with the dividend yield of 4.27%. The last dividend (Aug 25, 2025) amounted to 0.19 USD. The dividends are paid monthly.
PCRB shares are issued by Franklin Resources, Inc. under the brand Putnam. The ETF was launched on Jan 19, 2023, and its management style is Active.
PCRB expense ratio is 0.36% meaning you'd have to pay 0.36% of your investment to help manage the fund.
PCRB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PCRB invests in bonds.
PCRB price has risen by 1.39% over the last month, and its yearly performance shows a −1.14% decrease. See more dynamics on PCRB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.73% increase in three-month performance and has increased by 3.12% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.73% increase in three-month performance and has increased by 3.12% in a year.
PCRB trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.