Trend Table for PBDC - Putnam BDC Income ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 27	A	Strong	Up	Up	Up	12.73%
Dec 26	B	Strong	Up	Up	Up	13.34%
Dec 22	B	Strong	Up	Up	Up	14.07%
Dec 21	B	Strong	Up	Up	Flat	14.81%
Dec 20	A	Strong	Up	Up	Up	14.61%
Dec 19	B	Strong	Up	Up	Up	13.98%
Dec 18	B	Strong	Up	Up	Up	14.58%
Dec 15	B	Strong	Up	Up	Up	15.17%
Dec 14	B	Strong	Up	Up	Up	14.80%
Dec 13	A	Weak or Absent	Up	Up	Up	15.35%