PBDC vs. BDCX ETF Comparison

Comparison of Putnam BDC Income ETF (PBDC) to ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX)
PBDC

Putnam BDC Income ETF

PBDC Description

Putnam BDC Income ETF is an exchange traded fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across business development companies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Putnam BDC Income ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.98

Average Daily Volume

32,486

Number of Holdings *

10

* may have additional holdings in another (foreign) market
BDCX

ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN

BDCX Description The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Wells Fargo Business Development Company Index, reduced by the Accrued Fees. The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange, NYSE AMEX or The Nasdaq Stock Market, Inc. that satisfy specified market capitalization and other eligibility requirements. It is a proprietary index of Wells Fargo Securities, LLC.

Grade (RS Rating)

Last Trade

$33.25

Average Daily Volume

3,863

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period PBDC BDCX
30 Days 3.44% 3.40%
60 Days 6.53% 6.79%
90 Days 6.66% 4.79%
12 Months 32.16% 40.47%
7 Overlapping Holdings
Symbol Grade Weight in PBDC Weight in BDCX Overlap
ARCC A 12.17% 17.86% 12.17%
BCSF A 4.12% 2.09% 2.09%
FSK A 7.22% 11.43% 7.22%
GBDC A 5.62% 4.5% 4.5%
HTGC A 6.83% 4.42% 4.42%
MAIN A 9.77% 5.85% 5.85%
TSLX A 5.48% 4.71% 4.71%
PBDC Overweight 3 Positions Relative to BDCX
Symbol Grade Weight
OBDC A 12.65%
BXSL A 10.05%
MFIC A 4.54%
PBDC Underweight 16 Positions Relative to BDCX
Symbol Grade Weight
PSEC D -5.48%
GSBD A -4.48%
NMFC B -3.68%
OCSL A -3.54%
TCPC D -2.36%
CGBD A -2.28%
SLRC A -2.05%
NEWT D -1.96%
CSWC A -1.82%
BBDC B -1.72%
GAIN A -1.69%
TPVG D -1.57%
PFLT A -1.45%
PNNT A -1.4%
FDUS A -1.28%
GLAD A -1.22%
Compare ETFs