C000237595 Fees and Costs — Putnam ESG High Yield ETF
Data updated: 2026-07-14
The net expense ratio is 0.55% (0.57% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $274 in broker commissions, 0.0002% of average net assets, and portfolio turnover was 36%.
C000237595 Fees and Expenses
Annual operating expenses and sales charges of C000237595. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.57% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.55% |
| 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 |
C000237595 Costs Over Time
On $10,000 invested in C000237595, assuming 5% a year before costs, total costs come to $347 over 5 years, cutting the return by 0.58% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $347 |
| Value after costs | $10,442 | $11,386 | $12,416 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
C000237595 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): 0.0002%
- Total broker commissions: $274
- Bought from dealers (principal trades, not a cost): $467.0M
- Portfolio turnover (prospectus): 36%
- Securities lending: none during the year
C000237595 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $274 | 100.00% |
C000237595 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $238.9M | 52.66% |
| J.P. Morgan Securities LLC | $44.9M | 9.89% |
| MORGAN STANLEY & CO. LLC | $38.0M | 8.39% |
| BOFA SECURITIES, INC. | $34.7M | 7.65% |
| BARCLAYS CAPITAL, INC. | $20.4M | 4.50% |
| CitiGroup Global Markets Inc. | $20.4M | 4.50% |
| JEFFERIES LLC | $17.7M | 3.91% |
| JANE STREET CAPITAL, LLC | $16.0M | 3.53% |
| WELLS FARGO SECURITIES, LLC | $13.8M | 3.05% |
| DEUTSCHE BANK SECURITIES, INC. | $8.7M | 1.93% |
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.