Subject: Re: INDL & the end of the month
Wild

Putnam Bdc Income ETF PBDC

The investment seeks current income. The fund invests mainly in exchange-traded business development companies (“BDCs”). BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held U.S. companies or thinly traded U.S. public companies. The fund is non-diversified.

Asset Classification
Sector Equity
Investment Philosophy
Actively Managed
Style Objective
Financial

GD_