PHYD ETF ANALYSIS

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PHYD ETF FUNDAMENTALS
PHYD ETF PERFORMANCE

PHYD ISSUER

PHYD issuer, managed by Franklin Templeton Investments, strategically focuses on investing in bonds below investment grade quality, primarily targeting companies that adhere to sector-specific environmental, social, and governance (ESG) criteria as determined by Putnam Management, the fund's investment manager. The fund primarily seeks bonds with obligations from U.S. companies or issuers, coupled with intermediate- to long-term maturities spanning three years or more. By aligning its investments with ESG principles and emphasizing bonds with longer durations, PHYD aims to construct a portfolio that not only generates returns but also supports sustainable and responsible business practices within the market.

PHYD DIVIDEND

PHYD Dividend, overseen by Franklin Templeton Investments, specializes in investing primarily in bonds of below investment-grade quality, with a targeted focus on companies meeting specific environmental, social, and governance (ESG) criteria on a sector-specific basis, as determined by Putnam Management, the fund's investment manager. The fund predominantly allocates its assets to bonds issued by U.S. companies or issuers and favors those with intermediate- to long-term maturities of three years or longer. PHYD Dividend's investment strategy is designed to generate sustainable income through dividends while also promoting responsible investing practices and supporting companies committed to ESG principles.

PHYD TRACKING

PHYD Tracking, under the management of Franklin Templeton Investments, specializes in tracking the performance of a designated index by investing mainly in bonds that fall below investment-grade quality. With a keen focus on companies meeting specific environmental, social, and governance (ESG) criteria on a sector-specific basis, as determined by Putnam Management, the fund's investment manager, PHYD Tracking predominantly allocates its assets to bonds issued by U.S. companies or issuers. Moreover, it targets bonds with intermediate- to long-term maturities of three years or longer. PHYD Tracking aims to closely mirror the returns of its chosen index while also supporting sustainable investing practices and fostering responsible corporate behavior.

PHYD CORRELATION

PHYD Correlation, managed by Franklin Templeton Investments, focuses on maintaining a correlation with a specified benchmark index by primarily investing in bonds rated below investment grade. The fund places a significant emphasis on selecting bonds issued by companies that meet sector-specific environmental, social, and governance (ESG) criteria, as determined by Putnam Management, the fund's investment manager. PHYD Correlation predominantly allocates its assets to bonds issued by U.S. companies or issuers, with an inclination towards intermediate- to long-term maturities of three years or longer. Through its strategic investment approach, PHYD Correlation aims to closely align its performance with the movements of its benchmark index while also promoting sustainable investing principles and encouraging responsible corporate behavior within the market.

PHYD SECTOR

PHYD Sector, managed by Franklin Templeton Investments, specializes in sector-specific investments within the realm of below investment-grade bonds. The fund's strategy revolves around identifying and capitalizing on opportunities in sectors that align with specific environmental, social, and governance (ESG) criteria as determined by Putnam Management, the fund's investment manager. PHYD Sector primarily focuses on bonds issued by U.S. companies or issuers, prioritizing those with intermediate- to long-term maturities of three years or more. By targeting sectors that meet ESG standards and emphasizing bonds with longer durations, PHYD Sector aims to construct a portfolio that not only delivers returns but also supports sustainable business practices within various sectors of the economy.

PHYD EXPOSURE

PHYD Exposure, managed by Franklin Templeton Investments, specializes in providing exposure to below investment-grade bonds with a distinct focus on companies meeting specific environmental, social, and governance (ESG) criteria on a sector-specific basis, as determined by Putnam Management, the fund's investment manager. The fund primarily allocates its assets to bonds issued by U.S. companies or issuers, emphasizing those with intermediate- to long-term maturities of three years or longer. PHYD Exposure aims to offer investors an opportunity to gain exposure to the potential returns associated with below investment-grade bonds while also aligning their investments with sustainable and responsible business practices. Through its strategic approach, PHYD Exposure seeks to deliver a balanced blend of risk and return, catering to investors seeking diversification and ESG-conscious investment opportunities in the bond market.

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