PBDC Distribution History & Yield

Putnam BDC Income ETF · NYSEArca

ETF Financial Quarterly payer BDCHigh yield
$27.80
-1.42% today
as of Sep 8, 2026
TTM yield
10.99%
$3.055/share over the last 12 months
Forward yield
10.01%
$2.784/share indicated annual rate
Annual distribution
$2.784
per share, forward
Per payment
$0.696
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Oct 6, 2026 Estimated
in 28 days
Next pay date
Oct 20, 2026
in 42 days
Last ex-distribution date
Jul 7, 2026
$0.696 per share
Expense ratio
11.77%
AUM 317.8M
Consistency
94/100
very stable payouts
5y distribution CAGR
n/a
needs 6+ years of history
Growth streak
1 yr
consecutive annual raises
Years paying
3.7
since Dec 27, 2022
1y total return
-9.2%
price -18.2% + distributions 9.0%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Oct 6, 2026 (in 28 days) Oct 20, 2026 $0.696 $69.60 Estimated
Tue, Jan 5, 2027 (in 119 days) Jan 19, 2027 $0.696 $69.60 Estimated
Tue, Apr 6, 2027 (in 210 days) Apr 20, 2027 $0.696 $69.60 Estimated
Tue, Jul 6, 2027 (in 301 days) Jul 20, 2027 $0.696 $69.60 Estimated

Estimated dates and amounts are projected from PBDC's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $2.784 per share.

Distribution payment history

Last 15 payments per share. RegularSpecial

Last 15 payments per share from Dec 27, 2022 to Jul 7, 2026; most recent $0.696$0.00$0.50$1.00Dec 27, 2022: $0.916Dec '22Apr 6, 2023: $0.729Jul 7, 2023: $0.756Jul '23Oct 5, 2023: $0.785Dec 26, 2023: $0.853Dec '23Apr 4, 2024: $0.765Jul 5, 2024: $0.786Jul '24Oct 4, 2024: $0.857Dec 27, 2024: $0.79Dec '24Apr 4, 2025: $0.791Jul 7, 2025: $0.787Jul '25Oct 6, 2025: $0.821Dec 19, 2025: $0.825Dec '25Apr 7, 2026: $0.713Jul 7, 2026: $0.696Jul '26

Annual distributions per share

Annual dividend per share by calendar year, 2022 to 2026 (year to date)$0.00$2.00$4.002022: $0.916$0.91620222023: $3.123$3.12320232024: $3.198$3.19820242025: $3.224$3.22420252026 (YTD): $1.409$1.4092026 YTD

How much PBDC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month432$11,983$1,200
$500 / month2,156$59,914$6,000
$1,000 / month4,311$119,828$12,000

Based on the forward yield of 10.01%. $10,000 in PBDC would currently pay about $1,001 a year ($83 a month on average). Model reinvestment and growth →

PBDC distribution history

Ex-datePay dateAmountChange
Jul 7, 2026 $0.696 -2.4%
Apr 7, 2026 $0.713 -13.6%
Dec 19, 2025 $0.825 +0.5%
Oct 6, 2025 $0.821 +4.3%
Jul 7, 2025 $0.787 -0.5%
Apr 4, 2025 $0.791 +0.1%
Dec 27, 2024 $0.79 -7.8%
Oct 4, 2024 $0.857 +9.0%
Jul 5, 2024 $0.786 +2.7%
Apr 4, 2024 $0.765 -10.3%
Dec 26, 2023 $0.853 +8.7%
Oct 5, 2023 $0.785 +3.8%
Jul 7, 2023 $0.756 +3.7%
Apr 6, 2023 $0.729 -20.4%
Dec 27, 2022 $0.916

Payout risk check

Distribution stabilityElevated risk

PBDC's last 12 distributions were very stable (consistency score 94/100).

Its share price moved -18.2% over the past year.

A 11.0% yield paired with a falling share price is the classic sign of NAV erosion: part of each distribution may be a return of your own capital rather than income the fund earned, and the share price can keep grinding lower even while the headline yield looks attractive.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Putnam BDC Income ETF

The fund invests mainly in exchange-traded business development companies (“BDCs”). BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held U.S. companies or thinly traded U.S. public companies. The fund is non-diversified.

Fund family: Franklin Templeton Investments. Category: Financial. First distribution on our records: Dec 27, 2022. 15 payments tracked.

PBDC distribution FAQ

When is PBDC's next ex-distribution date?

PBDC's next ex-distribution date is Oct 6, 2026 (in 28 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.696 per share, expected on Oct 20, 2026.

How often does PBDC pay distributions?

PBDC pays distributions every quarter, 4 times a year. The most recent payment was $0.696 per share with an ex-date of Jul 7, 2026.

What is PBDC's distribution yield?

PBDC's trailing 12-month distribution yield is 10.99%, based on $3.055 per share paid over the last year and a share price of $27.80. The forward yield, using the indicated annual rate of $2.784 per share, is 10.01%.

How much does PBDC pay per share?

PBDC pays about $0.696 per share each quarter, which works out to roughly $2.784 per share a year. 100 shares would collect about $278.40 a year.

Has PBDC grown or cut its distribution?

PBDC has raised its annual distribution for 1 consecutive year. Over the last year the regular payout changed -5.3%.

How many shares of PBDC do I need to earn $100 a month?

At the current forward yield of 10.01%, you would need about 432 shares of PBDC (roughly $11,983 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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