C000237594 Fees and Costs — Putnam ESG Core Bond ETF
Data updated: 2026-07-14
The net expense ratio is 0.36% (0.37% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $8K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 237%.
C000237594 Fees and Expenses
Annual operating expenses and sales charges of C000237594. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.37% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.36% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000237594 Costs Over Time
On $10,000 invested in C000237594, assuming 5% a year before costs, total costs come to $229 over 5 years, cutting the return by 0.38% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $125 | $229 |
| Value after costs | $10,462 | $11,451 | $12,534 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
C000237594 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0012%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $11.1B
- Portfolio turnover (prospectus): 237%
- Securities lending: none during the year
C000237594 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $7K | 95.68% |
| J.P. Morgan Securities LLC | $330 | 4.32% |
C000237594 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $4.1B | 37.94% |
| MORGAN STANLEY & CO. LLC | $2.2B | 20.33% |
| WELLS FARGO SECURITIES, LLC | $1.1B | 10.54% |
| GOLDMAN SACHS & CO. LLC | $1.0B | 9.52% |
| CitiGroup Global Markets Inc. | $913.4M | 8.45% |
| BOFA SECURITIES, INC. | $804.8M | 7.44% |
| MIZUHO SECURITIES (USA) INC. | $374.2M | 3.46% |
| TD SECURITIES (USA) LLC | $105.0M | 0.97% |
| NATWEST MARKETS SECURITIES INC. | $83.6M | 0.77% |
| MUFG SECURITIES AMERICAS INC. | $63.7M | 0.59% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.