Key stats
About Putnam ESG High Yield 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
US7467298888
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
Bonds, Cash & Other100.00%
Corporate88.17%
Mutual fund6.27%
Loans4.85%
Miscellaneous0.53%
UNIT0.09%
Cash0.08%
Stock breakdown by region
North America88.61%
Europe10.30%
Oceania0.55%
Asia0.54%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHYD last dividends amounted to 0.24 USD. The month before, the issuer paid 0.27 USD in dividends, which shows a 9.79% decrease.
PHYD assets under management is 212.31 M USD. It's risen 1.11% over the last month.
PHYD fund flows account for 57.95 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, PHYD pays dividends to its holders with the dividend yield of 6.14%. The last dividend (Sep 25, 2025) amounted to 0.24 USD. The dividends are paid monthly.
PHYD 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.
PHYD expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
PHYD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHYD invests in bonds.
PHYD price has risen by 0.87% over the last month, and its yearly performance shows a 0.87% increase. See more dynamics on PHYD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.14% over the last month, showed a 3.15% increase in three-month performance and has increased by 7.46% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.14% over the last month, showed a 3.15% increase in three-month performance and has increased by 7.46% in a year.
PHYD trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.