Putnam ETF Trust Putnam ESG Ultra Short ETFPutnam ETF Trust Putnam ESG Ultra Short ETFPutnam ETF Trust Putnam ESG Ultra Short ETF

Putnam ETF Trust Putnam ESG Ultra Short ETF

No trades
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Key stats


Assets under management (AUM)
‪162.09 M‬USD
Fund flows (1Y)
‪70.54 M‬USD
Dividend yield (indicated)
4.94%
Discount/Premium to NAV
0.1%
Shares outstanding
‪3.20 M‬
Expense ratio
0.25%

About Putnam ETF Trust Putnam ESG Ultra Short ETF


Brand
Putnam
Home page
Inception date
Jan 19, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Ultra-short term
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Cash
Stock breakdown by region
5%68%23%3%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to PULT via country, focus, and more.

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.
PULT trades at 50.49 USD today, its price has fallen −0.04% in the past 24 hours. Track more dynamics on PULT price chart.
PULT net asset value is 50.43 today — it's risen 0.45% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PULT assets under management is ‪162.09 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.
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.
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.
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.
PULT invests in bonds. See more details in our Analysis section.
PULT expense ratio is 0.25%. 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, PULT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PULT technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PULT shows the sell signal. See more of PULT technicals for a more comprehensive analysis.
Yes, PULT pays dividends to its holders with the dividend yield of 4.94%.
PULT trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PULT shares are issued by Franklin Resources, Inc.
PULT 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 Jan 19, 2023.
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.