(PBDC) Putnam Trust - Putnam BDC - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US7467295082

Etf: BDC, Exchange-Traded, Non-Diversified, Private

Total Rating 23
Risk 43
Buy Signal -0.73

Dividends

Dividend Yield 10.33%
Yield on Cost 5y 17.89%
Yield CAGR 5y 1.60%
Payout Consistency 100.0%
Payout Ratio -
Risk 5d forecast
Volatility 27.2%
Relative Tail Risk 5.98%
Reward TTM
Sharpe Ratio -0.63
Alpha -23.49
Character TTM
Beta 0.737
Beta Downside 0.827
Drawdowns 3y
Max DD 20.28%
CAGR/Max DD 0.50

Description: PBDC Putnam Trust - Putnam BDC January 01, 2026

The Putnam BDC Income ETF (PBDC) concentrates its assets in exchange-traded Business Development Companies, which primarily invest in, lend to, or provide services for privately-held U.S. firms and thinly traded public companies. Because it is classified as non-diversified, the fund’s holdings are relatively concentrated within the BDC sub-sector of the broader financial category.

Key metrics to watch include its expense ratio of roughly 0.70% and a trailing 12-month distribution yield near 7.2%, reflecting the high-yield nature of BDCs. Performance is tightly linked to U.S. small-cap credit conditions and the Federal Reserve’s interest-rate stance: rising rates can boost BDC loan income but also widen credit spreads, raising default risk. Additionally, BDCs must distribute at least 90% of taxable income, making dividend sustainability a critical driver of investor returns.

If you want a more granular, risk-adjusted analysis of PBDC’s profile, ValueRay’s toolkit offers data that can help you dig deeper.

What is the price of PBDC shares?

As of February 09, 2026, the stock is trading at USD 28.72 with a total of 94,380 shares traded.
Over the past week, the price has changed by -3.01%, over one month by -6.99%, over three months by -2.48% and over the past year by -10.91%.

Is PBDC a buy, sell or hold?

Putnam Trust - Putnam BDC has no consensus analysts rating.

What are the forecasts/targets for the PBDC price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 33.2 15.7%

PBDC Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 254.7m USD (254.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 254.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 254.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.63% (E(254.7m)/V(254.7m) * Re(8.63%) + (debt-free company))
Discount Rate = 8.63% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for PBDC ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle