Putnam Sustainable Leaders Etf Profile
PLDR Etf | USD 34.95 0.21 0.60% |
Performance13 of 100
| Odds Of DistressLess than 9
|
Putnam Sustainable is selling at 34.95 as of the 30th of November 2024; that is 0.60 percent increase since the beginning of the trading day. The etf's lowest day price was 34.94. Putnam Sustainable has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Putnam Sustainable Leaders are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests mainly in common stocks of U.S. companies of any size, with a focus on companies that Putnam Management believes exhibit a commitment to financially material sustainable business practices. Putnam Sustainable is traded on NYSEARCA Exchange in the United States. More on Putnam Sustainable Leaders
Moving together with Putnam Etf
Putnam Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Theme ETFs, Large Growth, Putnam (View all Sectors) |
Issuer | Putnam Investments |
Inception Date | 2021-05-25 |
Entity Type | Regulated Investment Company |
Asset Under Management | 704.08 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Theme |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Putnam Investment Management LLC |
Advisor | Putnam Investment Management, LLC |
Custodian | State Street Bank and Trust Company |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Katherine Collins, Stephanie Dobson |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Market Maker | RBC Capital Markets |
Total Expense | 0.59 |
Management Fee | 0.58 |
Country Name | USA |
Returns Y T D | 28.99 |
Name | Putnam Sustainable Leaders ETF |
Currency Code | USD |
Open Figi | BBG0115R1410 |
In Threey Volatility | 18.52 |
1y Volatility | 12.1 |
200 Day M A | 31.9999 |
50 Day M A | 33.9416 |
Code | PLDR |
Updated At | 30th of November 2024 |
Currency Name | US Dollar |
Type | ETF |
Putnam Sustainable Leaders [PLDR] is traded in USA and was established 2021-05-25. The fund is listed under Large Growth category and is part of Putnam family. The entity is thematically classified as Strategy ETFs. Putnam Sustainable at this time have 5.57 M in assets. , while the total return for the last 3 years was 9.0%.
Check Putnam Sustainable Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam Sustainable Leaders Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Putnam Sustainable Leaders Etf Constituents
AAPL | Apple Inc | Stock | Information Technology | |
ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
AMZN | Amazon Inc | Stock | Consumer Discretionary | |
BLK | BlackRock | Stock | Financials | |
DHR | Danaher | Stock | Health Care | |
FIS | Fidelity National Information | Stock | Financials | |
LLY | Eli Lilly and | Stock | Health Care | |
MSFT | Microsoft | Stock | Information Technology |
Putnam Sustainable 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 Sustainable. 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 | 0.0963 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.05) |
Putnam Sustainable Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Sustainable Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Putnam Sustainable 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 Sustainable's value that differs from its market value or its book value, called intrinsic value, which is Putnam Sustainable'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 Sustainable's market value can be influenced by many factors that don't directly affect Putnam Sustainable'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 Sustainable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Sustainable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Sustainable'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.