Putnam Etf Trust Etf Profile
PHYD Etf | 51.57 0.04 0.08% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Putnam ETF is trading at 51.57 as of the 28th of November 2024, a 0.08 percent increase since the beginning of the trading day. The etf's lowest day price was 51.53. Putnam ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Putnam ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Putnam ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Putnam ETF Trust
Moving together with Putnam Etf
Putnam Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Corporate ETFs, High Yield ETFs, High Yield Bond (View all Sectors) |
Issuer | Putnam Investments |
Inception Date | 2023-01-20 |
Entity Type | Regulated Investment Company |
Asset Under Management | 173.23 Million |
Asset Type | Fixed Income |
Category | Corporate |
Focus | High Yield |
Market Concentration | Developed Markets |
Region | North America |
Administrator | State Street Bank and Trust Company |
Advisor | Putnam Investment Management, LLC |
Custodian | State Street Bank and Trust Company |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Robert Salvin, Norman Boucher |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Apr |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 627 |
Market Maker | Citadel |
Total Expense | 0.55 |
Management Fee | 0.55 |
200 Day M A | 51.0249 |
Country Name | USA |
50 Day M A | 51.6194 |
Code | PHYD |
Updated At | 27th of November 2024 |
Returns Y T D | 7.47 |
Name | Putnam ETF Trust - Putnam ESG High Yield ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01C50KMM1 |
Type | ETF |
1y Volatility | 5.53 |
Putnam ETF Trust [PHYD] is traded in USA and was established null. The fund is listed under High Yield Bond. The entity is thematically classified as Corporate ETFs. Putnam ETF Trust at this time have in assets. , while the total return for the last year was 11.9%.
Check Putnam ETF Probability Of Bankruptcy
Geographic Allocation (%)
Putnam ETF Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0299 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.53) |
Putnam ETF Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of Putnam ETF Trust is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam ETF's value that differs from its market value or its book value, called intrinsic value, which is Putnam ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam ETF's market value can be influenced by many factors that don't directly affect Putnam ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.