Key stats
About Putnam ETF Trust Putnam ESG Ultra Short 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
PULT invests in short-term, investment grade fixed income securities from around the world that meet ESG standards on a sector-specific basis. The fund maintains a portfolio duration of no more than one year and a maturity of four years or less. It may include government and corporate debt securities. 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. For example, securitized debt securities are broadly evaluated due to various asset types, counterparties, complex market structures, and scarce ESG data. Sovereign debt is evaluated using quantitative models and research, as better ESG scores may influence a countrys credit risk and borrowing costs.
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
Cash
Bonds, Cash & Other100.00%
Corporate81.36%
Cash12.26%
Securitized3.61%
Government1.67%
Miscellaneous1.10%
Stock breakdown by region
North America68.08%
Europe23.67%
Oceania5.11%
Asia3.13%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PULT invests in bonds. The fund's major sectors are Corporate, with 81.36% stocks, and Securitized, with 3.61% of the basket. The assets are mostly located in the North America region.
PULT last dividends amounted to 0.20 USD. The month before, the issuer paid 0.17 USD in dividends, which shows a 14.69% increase.
PULT assets under management is 162.09 M USD. It's risen 1.60% over the last month.
PULT fund flows account for 70.54 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, PULT pays dividends to its holders with the dividend yield of 4.94%. The last dividend (Jun 9, 2025) amounted to 0.20 USD. The dividends are paid monthly.
PULT 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.
PULT expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
PULT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PULT invests in bonds.
PULT price has fallen by −0.04% over the last month, and its yearly performance shows a 0.36% increase. See more dynamics on PULT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.45% over the last month, showed a 1.05% increase in three-month performance and has increased by 5.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.45% over the last month, showed a 1.05% increase in three-month performance and has increased by 5.37% in a year.
PULT trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.