Trend Table for PBDC - Putnam BDC Income ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 21	A	Strong	N/A	Up	Up	24.45%
Jul 20	A	Weak or Absent	N/A	Up	Up	25.12%
Jul 19	A	Weak or Absent	N/A	Up	Up	24.06%
Jul 18	A	Weak or Absent	N/A	Up	Up	23.78%
Jul 17	A	Weak or Absent	N/A	Up	Up	25.12%
Jul 14	A	Weak or Absent	N/A	Up	Flat	26.01%
Jul 13	A	Weak or Absent	N/A	Up	Flat	26.26%
Jul 12	A	Weak or Absent	N/A	Up	Flat	26.58%
Jul 11	A	Weak or Absent	N/A	Up	Flat	27.52%
Jul 10	B	Weak or Absent	N/A	Up	Down	28.51%