PBDC vs. VWI ETF Comparison

Comparison of Putnam BDC Income ETF (PBDC) to Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund (VWI)

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

$34.19

Average Daily Volume

40,039

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VWI

Trust For Advised Portfolios Arch Indices VOI Absolute Income Fund

VWI Description

The fund is an exchange-traded fund ("ETF") that uses a "passive management" (or indexing) investment approach to track the performance, before fees and expenses, of the index. The fund primarily invests in securities comprising the index.

Grade (RS Rating)

Last Trade

$27.36

Average Daily Volume

1,478

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PBDC	VWI
30 Days	1.79%	-1.13%
60 Days	1.15%	-0.64%
90 Days	3.23%	0.23%
12 Months	17.79%	11.38%

2 Overlapping Holdings

	Symbol	Grade	Weight in PBDC	Weight in VWI	Overlap
	ARCC	A	12.06%	3.9%	3.9%
	BXSL	A	10.26%	1.91%	1.91%

PBDC Overweight 13 Positions Relative to VWI

Symbol	Grade	Weight
MAIN	A	9.38%
HTGC	D	6.84%
FSK	A	6.36%
GBDC	C	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 6 Positions Relative to VWI

Symbol	Grade	Weight
JAAA	A	-28.51%
OBDC	B	-6.1%
USHY	B	-3.17%
CME	A	-1.66%
VCIT	D	-1.52%
BND	C	-1.51%

PBDC: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance