Putnam BDC Income ETF (PBDC) 2023 | Private Market Income Fund

Putnam BDC Income ETF (PBDC) is an actively managed ETF that provides exposure to business development companies offering attractive income distribution. The fund invests in BDCs that finance small and midsize private companies and distribute most of their net investment income to shareholders. With 20+ years of portfolio management experience, the fund seeks current income through diversified exposure to the private lending market.