Putnam Etf Trust Etf Profile

PHYD Etf   51.57  0.04  0.08%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
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

  0.91HYG iShares iBoxx HighPairCorr
  0.94USHY iShares Broad USDPairCorr
  0.94JNK SPDR Bloomberg HighPairCorr
  0.89SHYG iShares 0 5PairCorr
  0.94HYLB Xtrackers USD HighPairCorr
  0.89SJNK SPDR Bloomberg ShortPairCorr

Putnam Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCorporate ETFs, High Yield ETFs, High Yield Bond (View all Sectors)
IssuerPutnam Investments
Inception Date2023-01-20
Entity TypeRegulated Investment Company
Asset Under Management173.23 Million
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorPutnam Investment Management, LLC
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerRobert Salvin, Norman Boucher
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents627
Market MakerCitadel
Total Expense0.55
Management Fee0.55
200 Day M A51.0249
Country NameUSA
50 Day M A51.6194
CodePHYD
Updated At27th of November 2024
Returns Y T D7.47
NamePutnam ETF Trust - Putnam ESG High Yield ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01C50KMM1
TypeETF
1y Volatility5.53
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.

Putnam ETF Against Markets

When determining whether Putnam ETF Trust is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Putnam Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Putnam Etf Trust Etf. Highlighted below are key reports to facilitate an investment decision about Putnam Etf Trust Etf:
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.