Key stats
About Putnam ETF Trust Putnam ESG High Yield ETF
Expense ratio
0.58%
Home page
Inception date
Jan 19, 2023
PHYD invests in high-yield bonds from companies that meet ESG standards on a sector-specific basis. The fund selects US corporate bonds that have intermediate- to long-term maturities (three years or longer). The fund assesses fundamentals that include the industry, location, strategic position, and key relationships. Securities are assigned an ESG rating and only the highest-rated ones are considered. To identify relevant ESG criteria on a sector-specific basis, the fund uses an internally developed materiality map that determines which criteria are deemed important for a given sector. The fund combines fundamental analysis with relevant ESG insights with a forward-looking perspective. 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
Corporate
Stocks2.44%
Electronic Technology0.65%
Finance0.27%
Utilities0.26%
Producer Manufacturing0.13%
Bonds, Cash & Other97.56%
Corporate171.49%
Loans8.95%
Miscellaneous2.61%
Cash−85.48%
Top 10 holdings
Dividends
Dividend payout history