Putnam Sustainable Leaders ETF
PLDR
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Federal Street Boston MA United States of America 2110
- IPO Date
- May 26, 2021
- Website
- franklintempleton.com
- Similar Companies
- Business
- Putnam Sustainable Leaders ETF (PLDR) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in common stocks of mid- and large-cap U.S. companies exhibiting leadership in financially material sustainable business practices. The fund employs a fundamental research framework integrated with Putnam's equity research and quantitative/risk analysis teams to select holdings focused on environmental, social, and governance factors relevant to business performance; its portfolio typically comprises around 57 stocks with significant exposure to technology (approximately 36%) and healthcare sectors, benchmarked against the S&P 500 Index. Shares trade on the NYSE Arca exchange with an expense ratio of 0.60%, annual dividend distributions, and assets under management exceeding $750 million as of late 2025. Sponsored and managed by Putnam Investments, a subsidiary of Franklin Templeton since the $925 million acquisition completed on January 1, 2024, PLDR operates within the sustainable equity segment targeting institutional and retail investors seeking ESG-integrated strategies. Putnam Investments, founded in 1937 by George Putnam and headquartered in Boston, Massachusetts, maintains a global presence with offices in London, Tokyo, Frankfurt, Sydney, and Singapore; the firm specializes in diversified equity strategies, including actively managed ETFs, mutual funds, and institutional portfolios emphasizing stock-specific opportunities and downside risk management. Recent developments include heightened institutional interest, with investors such as Bond & Devick Financial Network, Elevation Capital Advisory, and Bailard increasing positions in PLDR during 2025's second quarter, alongside elevated trading volumes reflecting market momentum. Franklin Templeton continues to integrate Putnam's ETF capabilities, extending them internationally as of December 2025 while leveraging combined sustainable assets exceeding $2 billion across 14 actively managed ETFs. Originally launched on May 25, 2021, as part of Putnam's expansion into transparent active ETFs, PLDR has maintained its non-transparent structure under the Fidelity model post-acquisition, with no major portfolio or strategic shifts announced in the last year.