Trend Table for PBDC - Putnam BDC Income ETF

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 23	A	Weak or Absent	N/A	Up	Up	29.96%
Jan 20	A	Weak or Absent	N/A	Up	Up	31.24%
Jan 19	C	Weak or Absent	N/A	Up	Up	32.10%
Jan 17	B	Weak or Absent	N/A	Up	Up	30.20%
Jan 13	B	Weak or Absent	N/A	Up	Up	31.06%
Jan 12	B	Weak or Absent	N/A	Up	Up	29.98%
Jan 11	C	Weak or Absent	N/A	Up	Up	31.19%
Jan 9	D	Weak or Absent	N/A	Down	Up	35.39%
Jan 6	D	Weak or Absent	N/A	Down	Up	36.36%
Jan 5	D	Weak or Absent	N/A	Down	Flat	37.37%