PCRB Putnam ESG Core Bond ETF
What is PCRB?
PCRB broadly invests in investment grade US fixed income securities that meet certain environmental, social and governance criteria on a sector-specific basis. The actively managed targets bonds with maturities of three years or more.
PCRB Factset Analytics Insight
PCRB invests in investment grade fixed income securities located in the US that meet ESG standards on a sector-specific basis. The portfolio may include government and corporate debt securities that have intermediate- to long-term maturities (three years or longer). The fund assesses fundamentals that include the industry, location, strategic position, and key relationships. Securities are assigned an ESG rating and only the highest-rated ones are considered. To identify relevant ESG criteria on a sector-specific basis, the fund uses an internally developed materiality map that determines which criteria are deemed important for a given sector. For example, securitized debt securities are broadly evaluated due to various asset types, counterparties, complex market structure, and scarce ESG data. Sovereign debt securities are evaluated using quantitative models and research, as better ESG scores may influence a country’s credit risk and borrowing costs. The actively managed fund may use derivatives for hedging and non-hedging purposes.
PCRB Summary Data
PCRB Portfolio Data
PCRB Index Data
PCRB Portfolio Management
PCRB Tax Exposures
PCRB Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PCRB. PCRB is rated a N/A out of 5.
PCRB Sector/Industry Breakdown
PCRB Top 10 Holdings
PCRB Performance Statistics
PCRB Avg Life Maturity Distribution
PCRB OAS Breakdown
PCRB Holdings Statistics
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.