Putnam ESG High Yield ETF ETF Analysis

Putnam ESG High Yield ETF Profile

About Putnam ESG High Yield ETF

The fund invests mainly in bonds that are below investment grade in quality with a focus on companies or issuers that Putnam Management, the fund’s investment manager, believes meet relevant environmental, social or governance criteria on a sector-specific basis (“ESG criteria”). The fund invests mainly in bonds that also have one or more of the following characteristics: (1) are obligations of U.S. companies or issuers and (2) have intermediate- to long-term maturities (three years or longer).

Putnam ESG High Yield ETF Sectors