Trend Table for PBDC - Putnam BDC Income ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 16	A	Weak or Absent	N/A	Up	Flat	32.37%
May 15	A	Weak or Absent	N/A	Up	Up	31.98%
May 12	A	Weak or Absent	N/A	Flat	Flat	32.58%
May 11	A	Weak or Absent	N/A	Flat	Flat	32.50%
May 10	A	Weak or Absent	N/A	Flat	Flat	32.01%
May 9	C	Weak or Absent	N/A	Flat	Flat	32.37%
May 8	C	Weak or Absent	N/A	Up	Up	31.44%
May 5	D	Weak or Absent	N/A	Flat	Flat	32.81%
May 4	C	Weak or Absent	N/A	Down	Down	36.47%
May 3	D	Weak or Absent	N/A	Down	Down	33.24%