PBDC vs. PCIG ETF Comparison

Comparison of Putnam BDC Income ETF (PBDC) to Polen Capital International Growth ETF (PCIG)

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

$33.70

Average Daily Volume

38,924

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PCIG

Polen Capital International Growth ETF

PCIG Description

PCIG aims to deliver sustainable, above-average earnings growth and long-term stock price appreciation within the global ex-US equity market. The strategy is rooted in fundamental research, selecting 25-35 large-cap growth companies with a sustainable edge like consistent earnings growth, robust balance sheets, and shareholder-oriented management teams. Such companies are selected within industries characterized by high barriers to entry, such as those requiring substantial capital investment, government approvals, or significant intellectual property. Moreover, it integrates ESG factors into the investment process. While the fund may concentrate investments in the consumer discretionary and financial sectors, it avoids over-concentration in any one industry. Investments are typically held for the long term but are subject to period review and potential sale based on changing market conditions, company performance, or perceived threats to competitive advantage.

Grade (RS Rating)

Last Trade

$9.24

Average Daily Volume

5,793

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PBDC	PCIG
30 Days	-0.36%	-5.59%
60 Days	-0.33%	-6.83%
90 Days	2.04%	-5.97%
12 Months	16.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in PBDC	Weight in PCIG	Overlap

PBDC Overweight 16 Positions Relative to PCIG

Symbol	Grade	Weight
ARCC	A	11.8%
BXSL	B	9.79%
MAIN	A	9.75%
HTGC	D	6.8%
FSK	A	6.35%
TSLX	D	6.0%
GBDC	A	4.95%
BCSF	A	4.52%
CCAP	A	4.24%
CION	D	3.82%
CSWC	D	3.48%
BBDC	A	2.83%
NMFC	D	2.4%
TRIN	A	2.26%
FDUS	A	2.04%
CGBD	D	1.05%

PBDC Underweight 10 Positions Relative to PCIG

Symbol	Grade	Weight
ICLR	F	-10.24%
AON	A	-6.61%
MDT	D	-5.31%
MELI	D	-4.35%
HDB	C	-4.08%
SHOP	A	-3.84%
GLOB	C	-1.64%
UL	D	-1.28%
ONON	A	-0.89%
ACN	C	-0.82%

PBDC: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance