PBDC - Putnam BDC Income ETF

The fund seeks current income. The fund invests mainly in BDCs (business development companies) that contribute to stability of dividend income and return potential.

Sector
Financial Services
Industry
Asset Management - Income
Market Cap
$282.3M
Beta
0.36
52-Week Range
26.22-35.179
Dividend Yield
$3.15
IPO Date
Sep 30, 2022
Exchange
AMEX

PBDC Options Snapshot

Options pricing data for PBDC is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The PBDC overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked PBDC overview questions

What is PBDC?
PBDC is the ticker symbol for Putnam BDC Income ETF, an listed exchange-traded fund. The fund seeks current income. The fund invests mainly in BDCs (business development companies) that contribute to stability of dividend income and return potential. Listed on AMEX. PBDC is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are PBDC's key statistics?
Putnam BDC Income ETF (PBDC) carries a market capitalization of $282.3M, 52-week range of 26.22-35.179. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does PBDC belong to?
Putnam BDC Income ETF operates in the Financial Services sector, in the Asset Management - Income industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare PBDC's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the PBDC data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for PBDC, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.