Key stats
About Putnam PanAgora ESG International Equity ETF
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Inception date
Jan 19, 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
US7467298706
PPIE aims for long-term capital appreciation through investments primarily in common stocks of companies outside of the US. Selection is based on a proprietary framework using quantitative models that recognizes companies offering above-market return potential based on ESG metrics and other proprietary factors. The funds sub-adviser looks for companies that generate a positive, measurable ESG impact with the potential to outperform its benchmark index. The sub-adviser uses advanced statistical and machine learning techniques that evaluate companies activities in rating positive impact under the following ESG metrics: environmental efficiencies, social equity and quality of life, and governance practices. The fund may use third-party data and its own independent data analysis in investment decisions. The fund is actively managed and managers have full discretion in adjusting the portfolio.
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
Health Technology
Electronic Technology
Stocks99.74%
Finance23.80%
Health Technology10.24%
Electronic Technology10.13%
Technology Services8.36%
Producer Manufacturing7.93%
Retail Trade5.49%
Non-Energy Minerals4.93%
Industrial Services3.57%
Consumer Non-Durables3.17%
Distribution Services2.86%
Communications2.83%
Miscellaneous2.77%
Utilities2.47%
Energy Minerals2.32%
Process Industries2.20%
Consumer Durables2.05%
Transportation1.70%
Commercial Services1.51%
Health Services1.08%
Consumer Services0.31%
Bonds, Cash & Other0.26%
Cash0.17%
Mutual fund0.09%
Stock breakdown by region
Europe66.22%
Asia26.85%
Oceania5.60%
North America0.88%
Middle East0.45%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PPIE invests in stocks. The fund's major sectors are Finance, with 23.80% stocks, and Health Technology, with 10.24% of the basket. The assets are mostly located in the Europe region.
PPIE top holdings are Novartis AG and Sony Group Corporation, occupying 4.05% and 3.99% of the portfolio correspondingly.
PPIE last dividends amounted to 0.10 USD. The year before, the issuer paid 0.32 USD in dividends, which shows a 203.84% decrease.
PPIE assets under management is 261.14 M USD. It's risen 4.00% over the last month.
PPIE fund flows account for 21.83 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, PPIE pays dividends to its holders with the dividend yield of 2.53%. The last dividend (Dec 31, 2024) amounted to 1.13 USD. The dividends are paid annually.
PPIE shares are issued by Franklin Resources, Inc. under the brand Putnam. The ETF was launched on Jan 19, 2023, and its management style is Active.
PPIE expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
PPIE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PPIE invests in stocks.
PPIE price has risen by 3.62% over the last month, and its yearly performance shows a 12.68% increase. See more dynamics on PPIE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.26% over the last month, showed a 5.29% increase in three-month performance and has increased by 18.57% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.26% over the last month, showed a 5.29% increase in three-month performance and has increased by 18.57% in a year.
PPIE trades at a premium (0.34%) meaning the ETF is trading at a higher price than the calculated NAV.