(PPIE) Putnam Trust - Putnam - Ratings and Ratios

The Putnam PanAgora ESG International Equity ETF (PPIE) is an exchange-traded fund that invests in a diverse portfolio of international equities, focusing on companies with strong environmental, social, and governance (ESG) metrics. The funds subadviser seeks to identify companies that not only demonstrate positive ESG characteristics but also offer attractive returns relative to the benchmark.

From a portfolio perspective, PPIEs investment universe includes a broad range of international equities, encompassing growth and value stocks across various market capitalizations. The funds holdings may also comprise preferred stocks, convertible securities, warrants, and depositary receipts, providing a flexible investment approach. With an AUM of $245.29 million, the fund has a sizable presence in the market.

To evaluate the funds performance, key metrics to consider include the tracking error, information ratio, and ESG scores. A low tracking error would indicate that the fund is closely aligned with its benchmark, while a high information ratio would suggest that the subadviser is generating excess returns relative to the benchmark. Additionally, a high ESG score would indicate that the fund is effectively capturing companies with strong ESG characteristics. Other relevant KPIs include the funds dividend yield, price-to-earnings ratio, and sector allocation, which can provide insights into the funds overall investment strategy and risk profile.

Investors should also consider the funds fees and expenses, as well as its tax efficiency, to gain a comprehensive understanding of its potential returns. By analyzing these metrics, investors can make informed decisions about whether PPIE aligns with their investment objectives and risk tolerance.