2024-02-13 12:30:41 ET
Summary
- Putnam BDC Income ETF is recommended for exposure to the business development company (BDC) sector.
- PBDC is a small and relatively new ETF managed by Michael Petro, offering BDC diversification and the ability to be pro-active in the fund's asset allocation.
- PBDC has outperformed the VanEck BDC Income fund since its inception on Sept. 29, 2022, and offers a current 9.8% yield paid quarterly.
I'm going to go ahead and get some Business Development Company exposure by initiating a Buy on the Putnam BDC Income ETF (PBDC) at $31.70 real time market price. ...
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Gaining BDC Exposure: Initiating Buy On The PBDC ETF