Trend Table for PBDC - Putnam BDC Income ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 23	A	Weak or Absent	Up	Up	Up	9.88%
Feb 22	A	Weak or Absent	Up	Up	Up	9.77%
Feb 21	A	Weak or Absent	Up	Up	Up	10.81%
Feb 20	A	Weak or Absent	Up	Up	Up	10.59%
Feb 16	A	Weak or Absent	Up	Up	Up	10.60%
Feb 15	B	Weak or Absent	Up	Up	Up	11.27%
Feb 14	B	Weak or Absent	Up	Flat	Flat	12.52%
Feb 13	B	Weak or Absent	Up	Flat	Flat	12.80%
Feb 12	B	Weak or Absent	Up	Up	Flat	12.25%
Feb 9	C	Strong	Up	Flat	Down	13.10%