BDC Income ETF Hit a 52-Week High
BDCBelden(BDC) ZACKS·2024-06-03 19:45

For investors seeking momentum, Putnam BDC Income ETF (PBDC) is probably on the radar. The fund just hit a 52-week high and is up 21.3% from its 52-week low price of $28.77/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:PBDC In FocusThis ETF is active and does not track a benchmark. The Putnam BDC ETF seeks current income. The fund charges 679 bps in fees and yields 9.07% annually.Why the Mo ...