# Putnam ESG Ultra Short ETF (PULT): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pult for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Fixed Income - Strategy: Leveraged · Inception: 2023-01-19 This fund aims to generate the highest possible current income, prioritizing the preservation of capital and maintaining high liquidity, all as determined by its investment manager. It achieves this by investing in a diverse portfolio of short-duration, investment-grade fixed-income securities, encompassing both money market instruments and other debt types. This can include U.S. dollar-denominated securities from foreign issuers. A key part of its investment strategy is to select companies and entities that, in the manager's view, meet appropriate environmental, social, and governance (ESG... ## Key Facts | Metric | Value | |---|---| | Price | $50.45 | | Expense Ratio | 0.25% | | Assets Under Management | $36.5M | | NAV | $50.36 | | Holdings Count | 56 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $50.24 – $50.84 | | Beta | 0.05 | ## Latest Distribution - Amount: $0.1565 /share - Ex-date: 2026-06-01 - Pay date: 2026-06-04 ## Frequently Asked Questions ### What does PULT invest in? This fund aims to generate the highest possible current income, prioritizing the preservation of capital and maintaining high liquidity, all as determined by its investment manager. It achieves this by investing in a diverse portfolio of short-duration, investment-grade fixed-income securities, encompassing both money market instruments and other debt types. This can include U.S. dollar-denominated securities from foreign issuers. A key part of its investment strategy is to select companies and entities that, in the manager's view, meet appropriate environmental, social, and governance (ESG) criteria relevant to their specific industries. ### What is the expense ratio of PULT? Putnam ESG Ultra Short ETF (PULT) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations. ### What is the duration of PULT? Effective duration measures PULT's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PULT's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of PULT? PULT's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of PULT? Yield to maturity (YTM) is the total return you'd earn from PULT if every bond in the portfolio is held to maturity at the current price. PULT's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Is PULT a good long-term hold? PULT is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days. ### Does PULT pay a dividend? Putnam ESG Ultra Short ETF (PULT) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PULT pay dividends? Putnam ESG Ultra Short ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PULT's dividend yield? PULT's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is PULT's next ex-dividend date? The most recently announced ex-dividend date for PULT was 2026-06-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will PULT's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.25% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PULT charge its expense ratio? The expense ratio is deducted in tiny daily slices from PULT's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PULT cost more than a fund like VOO? PULT is a leveraged fund (current expense ratio 0.25%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to PULT? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as PULT (0.25%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pult - Distribution history: https://www.dividenddata.com/funds/pult/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pult/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pult/expenses - Peer comparison: https://www.dividenddata.com/funds/pult/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.