All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

PBDC: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

PBDC real return snapshot: after CPI-U inflation, PBDC returned −9.14% over the past year and −10.26% YTD, with dividends reinvested. Since Sep. 30, 2022, PBDC is up +39.55% in real purchasing-power return, or +8.73%/yr, and is currently −19.06% below its real total-return high on Feb. 19, 2025.

Data ending Thu Sep. 24, 2026

Growth of $10,000

Fri 2022-09-30💬 to Thu 2026-09-24 Overall
Return 		Exponential
Trendline
PBDC × 		+39.55%
+8.73%/yr 		+7.43%/yr
R2=0.458
Putnam ETF Trust - Putnam BDC Income ETF Exchange-Traded Fund

Growth of $10,000 Summary

Fri 2022-09-30💬 to Thu 2026-09-24 Start
Value 		End
Value
PBDC × 		$10,000.00
2022-09-30 		$13,955.41
2026-09-24

This Year’s Performance

through 2026-09-24

  YTD YoY
PBDC × 		−10.26% −9.14%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
PBDC × 		−19.06%
on 2026-09-24
from 2025-02-19 peak 		−23.14%
on 2026-06-24
from 2025-02-19 peak

Rolling Returns

Period ending Thu 2026-09-24 1 yr 2 yr 3 yr 5 yr 10 yr
PBDC × 		−9.14% −8.31%
−4.25%/yr 		+6.46%
+2.11%/yr 		— —

Annual Returns

Year PBDC
2026 (YTD) −10.26%
2025 −4.32%
2024 +16.09%
2023 +26.30%
2022 +10.86%