Putnam BDC Income ETF (PBDC)
- Expense ratio6.98%
- Net assets$265.3M
- Dividend yield11.65%
- 1-year return-5.81%
- Holdings23
PBDC ETF price chart
PBDC quote & trading statistics
PBDC performance
Total return · as of October 18, 2026- YTD-10.79%
- 1 year-5.81%
- 3 years+3.79%/yr
- 1Y volatility
- 18.04%
- 3Y volatility
- 14.03%
- 3Y Sharpe ratio
- 0.09
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
PBDC top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | ARCC | Ares Capital Corporation | 10.47% |
| 2 | ORCC | Owl Rock Capital Corp | 10.29% |
| 3 | OTF | Blue Owl Technology Finance Corp. | 9.26% |
| 4 | HTGC | Hercules Capital, Inc. | 8.69% |
| 5 | MAIN | Main Street Capital Corporation | 8.56% |
| 6 | GBDC | Golub Capital BDC Inc | 4.98% |
| 7 | TRIN | Trinity Capital Inc. | 4.71% |
| 8 | TSLX | Sixth Street Specialty Lending Inc | 4.51% |
| 9 | BXSL | Blackstone Secured Lending Fund | 4.38% |
| 10 | CSWC | Capital Southwest Corporation | 3.86% |
The top 10 holdings make up 69.7% of the fund (23 holdings in total). As of October 18, 2026.
About Putnam BDC Income ETF
The fund invests mainly in exchange-traded business development companies ("BDCs"). BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held U.S. companies or thinly traded U.S. public companies. The fund is non-diversified.
PBDC ETF FAQ
What is the PBDC expense ratio?
Putnam BDC Income ETF has a net expense ratio of 6.98%, or $698.00 a year for every $10,000 invested.
How much money is in PBDC?
Putnam BDC Income ETF has about $265.3M in net assets.
What are the top holdings of PBDC?
The largest positions in PBDC are Ares Capital Corporation (10.47%), Owl Rock Capital Corp (10.29%), Blue Owl Technology Finance Corp. (9.26%). The fund holds 23 securities in total.
How has PBDC performed?
PBDC returned -5.81% over the past year, including reinvested distributions.
Does PBDC pay dividends?
PBDC has a dividend yield of 11.65%.
When was PBDC launched?
Putnam BDC Income ETF began trading on September 29, 2022.
ETFs similar to PBDC
Funds that track the same index or whose top-10 holdings overlap most with PBDC's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| PBDC | Putnam BDC Income ETF | — | 6.98% | $265.3M | -5.81% |
| FBDC | FT Confluence BDC & Specialty Finance Income ETF | 62% | — | $35.3M | -2.72% |
| BIZD | VanEck BDC Income ETF | 51% | 11.29% | $1.42B | -2.49% |