Symbols

PLDR

Putnam Sustainable Leaders ETF·ARCA

--(--)

Key Stats

Assets Under Management

544.87MUSD

Fund Flows (1Y)

-472.56MUSD

Dividend Yield

0.39%

Discount/Premium to NAV

0.03%

Shares Outstanding

7.72M

Expense Ratio

0.60%

About Putnam Sustainable Leaders ETF

Issuer

Putnam Investment Management, LLC

Brand

Putnam

Home Page

https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/39435/SINGLCLASS/putnam-sustainable-leaders-etf/PLDR

Inception Date

May 25, 2021

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Putnam Investment Management LLC

Distributor

Franklin Distributors LLC

PLDR mainly invests in US companies (typically with a growth focus) exhibiting sustainable business practices that are relevant and material to their long-term financial returns and risk profiles, regardless of size. The fund advisor's approach to sustainable investing not only considers ESG factors but fundamental factors as well, including: valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends. Unlike other ETFs, PLDR publishes its full portfolio holdings quarterly with an 8-day lag. A Tracking Basket Structure is in place which acts as a proxy portfolio and may include holdings from recent disclosures, other liquid ETFs as well as cash and cash equivalents in order to track the fund's daily performance and facilitate arbitrage opportunities.