Key stats
About Putnam Emerging Markets ex-China ETF
Home page
Inception date
May 17, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Putnam Investment Management LLC
Distributor
Franklin Distributors LLC
ISIN
US7467298474
PEMX actively seeks long-term capital appreciation by investing in high-conviction ideas for stocks in emerging markets. The fund's geographic exposure excludes China and Hong Kong. The fund combines qualitative and quantitative analysis to identify high-quality companies with opportunities in perceived earnings growth mispricing and potential growth. Aspects such as financials, economic development, and market structure, along with various individual fundamental factors, such as a companys valuation, industry position, projected future earnings, cash flows, dividends, and balance sheets are taken into consideration. Non-emerging markets countries may be considered based on the fund manager's evaluation of their economic development and market structure. The fund may have significant investments in the information technology and financial sectors and is considered non-diversified, which means it may invest a greater percentage of its assets in fewer issuers.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks96.08%
Finance27.27%
Electronic Technology27.14%
Communications8.51%
Retail Trade5.71%
Utilities5.26%
Non-Energy Minerals3.76%
Producer Manufacturing3.47%
Consumer Durables2.94%
Transportation2.85%
Technology Services2.83%
Industrial Services2.29%
Consumer Services1.79%
Health Services1.63%
Consumer Non-Durables0.62%
Bonds, Cash & Other3.92%
Mutual fund3.40%
Cash0.53%
Stock breakdown by region
Asia70.08%
Middle East9.24%
Europe9.02%
Latin America8.88%
North America1.46%
Africa1.32%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PEMX invests in stocks. The fund's major sectors are Finance, with 27.27% stocks, and Electronic Technology, with 27.14% of the basket. The assets are mostly located in the Asia region.
PEMX top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Samsung Electronics Co., Ltd., occupying 15.50% and 4.28% of the portfolio correspondingly.
PEMX last dividends amounted to 1.19 USD. The year before, the issuer paid 0.90 USD in dividends, which shows a 24.68% increase.
PEMX assets under management is 14.99 M USD. It's risen 0.93% over the last month.
PEMX fund flows account for 5.54 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PEMX pays dividends to its holders with the dividend yield of 0.82%. The last dividend (Dec 31, 2024) amounted to 2.57 USD. The dividends are paid annually.
PEMX shares are issued by Franklin Resources, Inc. under the brand Putnam. The ETF was launched on May 17, 2023, and its management style is Active.
PEMX expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
PEMX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PEMX invests in stocks.
PEMX price has risen by 0.74% over the last month, and its yearly performance shows a 8.95% increase. See more dynamics on PEMX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.61% over the last month, showed a 8.93% increase in three-month performance and has increased by 9.22% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.61% over the last month, showed a 8.93% increase in three-month performance and has increased by 9.22% in a year.
PEMX trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.