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 27	A	Strong	N/A	Up	Up	18.55%
Jul 26	A	Strong	N/A	Up	Up	17.44%
Jul 25	A	Strong	N/A	Up	Up	19.39%
Jul 24	A	Strong	N/A	Up	Up	18.85%
Jul 21	A	Strong	N/A	Up	Up	19.76%
Jul 20	A	Weak or Absent	N/A	Up	Up	20.41%
Jul 19	A	Weak or Absent	N/A	Up	Up	19.39%
Jul 18	A	Weak or Absent	N/A	Up	Up	19.12%
Jul 17	A	Weak or Absent	N/A	Up	Up	20.41%
Jul 14	A	Weak or Absent	N/A	Up	Flat	21.27%