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).
Frequently asked questions
What is the Putnam ETF Trust - Putnam ESG High Yield ETF (PHYD) expense ratio?
The Putnam ETF Trust - Putnam ESG High Yield ETF funds expense ratio is 0.55%.
What is Putnam ETF Trust - Putnam ESG High Yield ETF (PHYD) current stock price?
As of the latest data, Putnam ETF Trust - Putnam ESG High Yield ETF stock price is $50.86, with a previous close of $50.77. Putnam ETF Trust - Putnam ESG High Yield ETF gained $0.09 in the last trading session, representing a 0.17% increase.
Does Putnam ETF Trust - Putnam ESG High Yield ETF (PHYD) pay dividends?
No. Putnam ETF Trust - Putnam ESG High Yield ETF does not pay a dividend.