Putnam ESG High Yield ETF (PHYD)
50.79
-0.02
(-0.04%)
USD |
NYSEARCA |
May 17, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.55% | 0.35% | 131.60M | 3841.90 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
7.40% | 10.00% | 22.67M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks high current income; capital growth is the secondary goal when consistent with achieving high current income. The fund invests mainly in bonds that are below investment grade in quality with a focus on companies or issuers that Putnam Management, the fund’s investment manager, believes meet relevant environmental, social or governance criteria on a sector-specific basis (“ESG criteria”). The fund invests mainly in bonds that also have one or more of the following characteristics: (1) are obligations of U.S. companies or issuers and (2) have intermediate- to long-term maturities (three years or longer). |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Franklin Templeton Investments |
Prospectus Benchmark Index | |
N/A | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Norman Boucher | 1.28 yrs |
Robert Salvin | 1.28 yrs |
Performance Versus Category
As of May 17, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 17, 2024.
Basic Info
Investment Strategy | |
The investment seeks high current income; capital growth is the secondary goal when consistent with achieving high current income. The fund invests mainly in bonds that are below investment grade in quality with a focus on companies or issuers that Putnam Management, the fund’s investment manager, believes meet relevant environmental, social or governance criteria on a sector-specific basis (“ESG criteria”). The fund invests mainly in bonds that also have one or more of the following characteristics: (1) are obligations of U.S. companies or issuers and (2) have intermediate- to long-term maturities (three years or longer). |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | High Yield Bond |
Category Index | ICE BofA US High Yield TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Franklin Templeton Investments |
Prospectus Benchmark Index | |
N/A | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Norman Boucher | 1.28 yrs |
Robert Salvin | 1.28 yrs |