Fixed Income Active

PHYD Putnam ESG High Yield ETF

Income-focused. Pursues a higher level of income than most bonds offer by investing in higher-yielding, lower-rated corporate bonds.
Bottom-up process. Invests across a range of industries and companies with the ability to adjust fund holdings to capitalize on market opportunities.
Integrated ESG approach. Incorporates consideration of material environmental, social and governance (ESG) factors that managers view as additive to the fundamental understanding of each issuer.

Distributions & Tax

Federal ID Number 88-3619942

For information on tax years prior to 2008, please contact us

These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.

Distributions per Share ($)

Year

Tax Information
Record Date	Ordinary Dividends Dividends paid by a fund that are derived from interest, dividends, net short-term capital gains and other types of ordinary income earned by the fund. For a fund that elects to pass through its foreign taxes paid (a non-cash item), a shareholder's allotted share of foreign taxes has been added to the “Ordinary Dividends” cash distributions received by the shareholder. If the fund passed through foreign taxes paid and later is refunded any portion of those taxes by a foreign tax authority, any interest paid to the fund on that refund is also required to be included in “Ordinary Dividends”.	Qualified Dividends The portion of a fund’s “Ordinary Dividends” that may be eligible for a reduced capital gain tax rate. To be eligible for the lower tax rates, certain holding periods apply and shareholders should consult their tax advisor to determine the amount eligible for the reduced rate. This amount represents both cash distributions and non-cash amounts, such as foreign taxes paid, that have been allocated to shareholders.	Capital Gain Distributions	Unrecaptured Section 1250 Gain	Non-Taxable Return Of Capital	Section 199a Dividends The portion of a fund’s “Ordinary Dividends” generated by a real estate investment trust or earned by a fund from its investments in real estate investment trusts, subject to limitations. Individual (non-corporate) shareholders may be entitled to a special deduction from gross income for “Section 199A Dividends” received from a fund. To qualify for this deduction certain holding periods apply and shareholders should consult their tax advisor.	Foreign Tax Paid	Exempt Interest Dividends	Interest on Tax Reclaim Refunds
Jan 23	0.25	—	—	—	—	—	—	—	—
Feb 21	0.25	—	—	—	—	—	—	—	—
Mar 21	0.2501	—	—	—	—	—	—	—	—
Apr 23	0.2514	—	—	—	—	—	—	—	—
May 22	0.2679	—	—	—	—	—	—	—	—
Jun 23	0.265	—	—	—	—	—	—	—	—
Jul 23	0.2636	—	—	—	—	—	—	—	—
Aug 21	0.26669	—	—	—	—	—	—	—	—
Sep 23	0.24292	—	—	—	—	—	—	—	—
Oct 23	0.28279	—	—	—	—	—	—	—	—
Nov 21	0.25547	—	—	—	—	—	—	—	—
Dec 19	0.42295	—	0.18504	—	—	—	—	—	—
	3.26882	—	0.18504	—	—	—	—	—	—

Jan 23

Feb 21

Mar 21

Apr 23

May 22

Jun 23

Jul 23

Aug 21

Sep 23

Oct 23

Nov 21

Dec 19

Supplemental Tax Information

Foreign Source Income: —
Foreign Source Qualified Dividends: —
Direct U.S. Government Obligations The portion of “Ordinary Dividends” attributable to earnings from US Treasury and certain other government securities may be categorized as a fund containing US government obligations. This income may be exempt from state personal income taxes. The percentage for direct US government obligation interests available for tax-exempt treatment may be limited in states that require the fund to meet certain minimum thresholds. Shareholders should consult their tax advisor to determine the availability of exemptions in their state.: 0.02%
Specified Private Activity Bond Interest: —
Dividends Received Deduction: —
Section 163(j): 91.43%
Indiana Resident Taxable Income: —
Utah Resident Taxable Income The portion of “Exempt-Interest Dividends” subject to Utah income tax. Subject to certain exceptions, the state of Utah provides that income earned from non-federal government entities outside of Utah (non-Utah municipal bonds) is taxable to Utah resident shareholders. Income earned from states that do not tax Utah obligations are also exempt. Shareholders should consult their tax advisor about applicability.: —

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.