Putnam BDC Income ETF (PBDC) — ()

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Inside The Income Factory: Credit Asset Investing With Steven Bavaria

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Sentiment: Positive ()

Steven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and discounts. Expense …

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image for news Inside The Income Factory: Credit Asset Investing With Steven Bavaria
PBDC: It Has Become Even Less Attractive Way To Capture BDC Exposure

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Sentiment: Neutral ()

PBDC remains the best ETF for BDC exposure, but its heavy tilt toward large-cap, first-lien BDCs is increasingly problematic. Rising competition and likely interest rate cuts threaten earnings and dividends …

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image for news PBDC: It Has Become Even Less Attractive Way To Capture BDC Exposure
PBDC: I Consolidated My BDC Positions Into This ETF

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Sentiment: Positive ()

I'm consolidating my BDC holdings into PBDC due to rising risks from prolonged high interest rates and increased competition for quality deals. PBDC offers strong total returns, a nearly 10% …

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image for news PBDC: I Consolidated My BDC Positions Into This ETF
PBDC: Recent Sell-Off Creates An Opportunity

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Sentiment: Positive ()

Fear-driven volatility creates investment opportunities, with Business Development Corporations performing well in the current economic environment. Initiating a buy rating on Putnam BDC Income ETF due to its strong performance, …

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image for news PBDC: Recent Sell-Off Creates An Opportunity
My BDC Portfolio: 2 Months In And A Clear Alpha Performance

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Sentiment: Positive ()

My BDC Portfolio: 2 Months In And A Clear Alpha Performance

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image for news My BDC Portfolio: 2 Months In And A Clear Alpha Performance
My BDC Portfolio And The Strategy For Alpha Going Forward

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Sentiment: Positive ()

This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. …

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image for news My BDC Portfolio And The Strategy For Alpha Going Forward

About Putnam BDC Income ETF PBDC

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.