Trend Table for PBDC - Putnam BDC Income ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	B	Strong	Up	Up	Flat	1.69%
May 17	B	Strong	Up	Up	Flat	1.96%
May 16	B	Strong	Up	Up	Down	2.29%
May 15	B	Strong	Up	Up	Flat	1.88%
May 14	A	Strong	Up	Up	Up	0.93%
May 13	A	Strong	Up	Up	Flat	1.75%
May 10	A	Strong	Up	Up	Up	1.25%
May 9	A	Strong	Up	Up	Up	1.78%
May 8	A	Strong	Up	Up	Flat	2.08%
May 7	A	Strong	Up	Up	Up	1.69%