VWI vs. PBDC ETF Comparison

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

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

$27.75

Average Daily Volume

438

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

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

$33.24

Average Daily Volume

36,703

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	VWI	PBDC
30 Days	0.79%	-0.61%
60 Days	5.26%	5.06%
90 Days	4.76%	-3.62%
12 Months	16.69%	20.41%

2 Overlapping Holdings

	Symbol	Grade	Weight in VWI	Weight in PBDC	Overlap
	ARCC	A	3.85%	11.95%	3.85%
	BXSL	B	1.83%	10.14%	1.83%

VWI Overweight 7 Positions Relative to PBDC

	Symbol	Grade	Weight
	JAAA	C	28.2%
	OBDC	B	6.09%
	USHY	B	3.15%
	PDI	A	1.89%
	CME	A	1.58%
	VCIT	B	1.53%
	BND	C	1.52%

VWI Underweight 13 Positions Relative to PBDC

	Symbol	Grade	Weight
	MAIN	A	-9.66%
	HTGC	B	-6.68%
	FSK	A	-6.55%
	TSLX	B	-6.05%
	GBDC	B	-4.91%
	BCSF	A	-4.68%
	CION	B	-3.97%
	CCAP	C	-3.8%
	CSWC	B	-3.31%
	BBDC	A	-2.92%
	CGBD	B	-2.52%
	TRIN	C	-2.1%
	FDUS	C	-1.87%

VWI: Top Represented Industries & Keywords

Industries: Asset Management Financial Data & Stock Exchanges Internet Software & Services

Keywords: Exchange Traded Fund Bond ETF Bloomberg Barclays Us Aggregate Bond Index Bond Market Indices Business Development Company Corporate Bond Credit Fixed Income Loan Swaps U.S. Securities And Exchange Commission Allianz Global Investors Blackstone Blackstone Credit Bond Market Business Development CBOT CME Group Catastrophe Bond

PBDC: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Specialty Finance

Keywords: Private Equity Business Development Credit Loan Venture Capital Mezzanine Capital Business Development Company Debt Golub Capital Refinancing Second Lien Loan Leveraged Buyout Subordinated Debt Aerospace Bankruptcy Consumer Products Debt Financing Entrepreneurship Healthcare Service Niche Manufacturing