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Putnam ESG High Yield ETF is listed at the AMEX Exchange
Putnam ESG High Yield ETF [PHYD]
AMEX Sector: Financial Services Industry:Asset Management

Is Putnam ESG High Yield ETF stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Putnam ESG High Yield ETF pays dividends. Last time was Friday 25th of October 2024 where the investors holding the stock on Wednesday 23rd of October 2024 were paid $0.29 per share. Over the last 20 times between 2023 and 2024, Putnam ESG High Yield ETF has paid $6.0369 with an average of $0.3 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Putnam ESG High Yield ETF 10 years ago, but if you had invested on Friday 20th of January 2023 when the price was $50.30, you would have made a profit of $1.310 per share or 2.60%

No, the average daily trading liquidity for Putnam ESG High Yield ETF is $10 210 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Putnam ESG High Yield ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Putnam ESG High Yield ETF to be medium [0.6 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.