Key stats
About Putnam Sustainable Leaders ETF
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Inception date
May 25, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Putnam Investment Management LLC
Distributor
Franklin Distributors LLC
ISIN
US7467291024
PLDR mainly invests in US companies (typically with a growth focus) exhibiting sustainable business practices that are relevant and material to their long-term financial returns and risk profiles, regardless of size. The fund advisors approach to sustainable investing not only considers ESG factors but fundamental factors as well, including: valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends. Unlike other ETFs, PLDR publishes its full portfolio holdings quarterly with an 8-day lag. A Tracking Basket Structure is in place which acts as a proxy portfolio and may include holdings from recent disclosures, other liquid ETFs as well as cash and cash equivalents in order to track the funds daily performance and facilitate arbitrage opportunities.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Retail Trade
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PLDR assets under management is 763.54 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PLDR invests in stocks. See more details in our Analysis section.
PLDR expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PLDR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, PLDR pays dividends to its holders with the dividend yield of 0.36%.
PLDR shares are issued by Franklin Resources, Inc.
PLDR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 25, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.