Putnam ESG Ultra Short ETF

This fund aims to generate the highest possible current income, prioritizing the preservation of capital and maintaining high liquidity, all as determined by its investment manager. It achieves this by investing in a diverse portfolio of short-duration, investment-grade fixed-income securities, encompassing both money market instruments and other debt types. This can include U.S. dollar-denominated securities from foreign issuers. A key part of its investment strategy is to select companies and entities that, in the manager's view, meet appropriate environmental, social, and governance (ESG) criteria relevant to their specific industries.