C000237596 Fees and Costs — Putnam ESG Ultra Short ETF
Data updated: 2026-07-14
The net expense ratio is 0.25%. There are no sales loads or redemption fees. Portfolio turnover was 26%.
C000237596 Fees and Expenses
Annual operating expenses and sales charges of C000237596. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
C000237596 Costs Over Time
On $10,000 invested in C000237596, assuming 5% a year before costs, total costs come to $159 over 5 years, cutting the return by 0.26% 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 0.25%) | $26 | $83 | $144 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $26 | $87 | $159 |
| Value after costs | $10,474 | $11,490 | $12,604 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
C000237596 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
C000237596 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $613.1M | 26.41% |
| CitiGroup Global Markets Inc. | $455.6M | 19.63% |
| J.P. Morgan Securities LLC | $374.6M | 16.14% |
| WELLS FARGO SECURITIES, LLC | $193.8M | 8.35% |
| GOLDMAN SACHS & CO. LLC | $184.2M | 7.94% |
| MIZUHO SECURITIES (USA) INC. | $181.9M | 7.84% |
| TRUIST SECURITIES, INC. | $111.8M | 4.82% |
| BARCLAYS CAPITAL, INC. | $91.6M | 3.95% |
| RBC CAPITAL MARKETS, LLC | $69.7M | 3.00% |
| BNY MELLON CAPITAL MARKETS, LLC | $44.5M | 1.92% |
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.