PBDC vs. VPC ETF Comparison

Comparison of Putnam BDC Income ETF (PBDC) to Virtus Private Credit Strategy ETF (VPC)
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

$33.92

Average Daily Volume

33,028

Number of Holdings *

10

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

Virtus Private Credit Strategy ETF

VPC Description The investment seeks investment results that correspond the price and yield performance of the Indxx Private Credit Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed, registered closed-end investment companies that have elected to be regulated as "business development companies" under the Investment Company Act of 1940, as well as U.S.-listed, non-BDC registered closed-end funds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.58

Average Daily Volume

21,699

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period PBDC VPC
30 Days 3.30% 1.71%
60 Days 7.13% 2.78%
90 Days 8.43% 3.42%
12 Months 33.69% 25.07%
8 Overlapping Holdings
Symbol Grade Weight in PBDC Weight in VPC Overlap
ARCC B 12.17% 1.7% 1.7%
BCSF A 4.12% 1.85% 1.85%
BXSL A 10.05% 1.3% 1.3%
FSK B 7.22% 2.2% 2.2%
GBDC A 5.62% 1.55% 1.55%
HTGC A 6.83% 1.44% 1.44%
MAIN A 9.77% 1.3% 1.3%
TSLX B 5.48% 1.41% 1.41%
PBDC Overweight 2 Positions Relative to VPC
Symbol Grade Weight
OBDC A 12.65%
MFIC A 4.54%
PBDC Underweight 44 Positions Relative to VPC
Symbol Grade Weight
TCPC C -3.77%
OXLC A -3.16%
XFLT A -2.28%
GSBD B -2.18%
TPVG F -2.13%
WHF A -2.12%
SCM A -2.07%
SLRC A -2.06%
PSEC F -2.03%
CCAP A -1.97%
PFLT B -1.93%
KIO A -1.92%
PNNT B -1.92%
JQC A -1.91%
BBDC A -1.9%
VVR A -1.9%
FCT A -1.84%
CGBD A -1.83%
NMFC B -1.83%
BIGZ D -1.81%
JFR A -1.79%
SAR A -1.78%
CSWC A -1.78%
FDUS A -1.72%
ARDC A -1.71%
PHD A -1.65%
CION A -1.58%
GAIN A -1.56%
EFR A -1.53%
HRZN A -1.52%
BGB A -1.52%
BLW C -1.5%
FRA A -1.49%
EFT A -1.49%
EVF A -1.43%
BGT A -1.42%
BSL B -1.42%
DSU C -1.39%
PTMN B -1.04%
OXSQ A -1.03%
MRCC B -0.99%
IQI C -0.98%
OFS D -0.84%
BMN B -0.33%
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