PBDC vs. GSIB ETF Comparison

Comparison of Putnam BDC Income ETF (PBDC) to Themes Global Systemically Important Banks ETF (GSIB)
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

$33.81

Average Daily Volume

39,882

Number of Holdings *

15

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

Themes Global Systemically Important Banks ETF

GSIB Description The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.53

Average Daily Volume

2,375

Number of Holdings *

16

* may have additional holdings in another (foreign) market
Performance
Period PBDC GSIB
30 Days 0.21% 4.25%
60 Days 0.12% 7.94%
90 Days 2.08% 8.25%
12 Months 16.48%
0 Overlapping Holdings
Symbol Grade Weight in PBDC Weight in GSIB Overlap
PBDC Overweight 15 Positions Relative to GSIB
Symbol Grade Weight
ARCC A 12.06%
BXSL A 10.26%
MAIN A 9.38%
HTGC D 6.84%
FSK A 6.36%
GBDC D 5.9%
TSLX C 5.18%
BCSF C 4.21%
CCAP A 4.11%
CION C 3.63%
CSWC D 3.44%
BBDC A 2.68%
TRIN A 2.47%
NMFC D 2.32%
FDUS A 2.01%
PBDC Underweight 16 Positions Relative to GSIB
Symbol Grade Weight
WFC A -4.31%
MS A -4.29%
BK A -4.13%
STT B -4.08%
GS A -3.99%
BAC A -3.74%
C A -3.73%
JPM A -3.72%
MUFG B -3.7%
MFG A -3.69%
BCS A -3.61%
SMFG B -3.59%
HSBC A -3.29%
SAN D -3.0%
TD D -2.89%
ING F -2.77%
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