# EDGAR Filing Document

**Accession Number:** 0001845809
**File Stem:** 0000869392-25-001154
**Filing Date:** 2025-6
**Character Count:** 36967
**Document Hash:** 7e7475daeca55663442b925111ee233b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000869392-25-001154.hdr.sgml**: 20250618

**ACCESSION NUMBER**: 0000869392-25-001154

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250618

**DATE AS OF CHANGE**: 20250618

**PERIOD START**: 20250430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Putnam ETF Trust
- **CENTRAL INDEX KEY:** 0001845809

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23643
- **FILM NUMBER:** 251056148

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111
- **BUSINESS PHONE:** 6177601060

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111

## Series and Classes Contracts Data

### Putnam PanAgora ESG International Equity ETF (Series ID: S000077301)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000237598 | -            |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Putnam ETF Trust

- **b. Investment Company Act file number:** 811-23643

- **c. CIK number of Registrant:** 0001845809

- **d. LEI of Registrant:** 549300EMFKH8ETCKNO35

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 FEDERAL STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 1-800-225-1581

**Item A.2. Information about the Series.**

- **a. Name of Series:** Putnam Panagora ESG International Equity ETF

- **b. EDGAR series identifier (if any):** S000077301

- **c. LEI of Series:** 549300JZREZTV1HA5N68

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-04-30

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $238181871.86

**Total Liabilities:** $3808345.75

**Net Assets:** $234373526.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237598 | 5.41%                | 0.77%                | 2.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6209264.88              | $5082953.18                                |
| Month 2  | $299472.54               | $318238.87                                 |
| Month 3  | $442337.38               | $4304461.79                                |

### Schedule of Portfolio Investments

| Name                                                        | Title               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CRH PLC                                                     | COMMON STOCK        | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | US        |      6642 | NS      | $633779.64    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| VODAFONE GROUP PLC                                          | COMMON STOCK - ADR  | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |     44920 | NS      | $438419.20    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS PLC                                                | COMMON STOCK - ADR  | CUSIP: 06738E204<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |    209950 | NS      | $3371797.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NOKIA OYJ                                                   | COMMON STOCK - ADR  | CUSIP: 654902204<br>LEI: 549300A0JPRWG1KI7U06 | Long             | EC               | CORP              | FI        |    297935 | NS      | $1486695.65   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                                             | COMMON STOCK - ADR  | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      7324 | NS      | $4893017.92   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SYMRISE AG                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900D82I6R9601CF26       | Long             | EC               | CORP              | DE        |     13599 | NS      | $1564442.14   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| GETLINK SE                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 9695007ZEQ7M0OE74G82       | Long             | EC               | CORP              | FR        |     39880 | NS      | $753570.35    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DAI-ICHI LIFE HOLDINGS INC                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300ZUFXI7JXZVTZ25       | Long             | EC               | CORP              | JP        |    113200 | NS      | $811116.24    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AMADEUS IT GROUP SA                                         | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 9598004A3FTY3TEHHN09       | Long             | EC               | CORP              | ES        |     30843 | NS      | $2417184.37   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PANDORA A/S                                                 | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |      7505 | NS      | $1107354.83   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN STAR RESOURCES LTD                                 | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 254900XFXCRYYZAX6M78       | Long             | EC               | CORP              | AU        |    159115 | NS      | $1954847.43   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SWISS RE AG                                                 | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |     32981 | NS      | $5904092.51   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ZALANDO AG                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900YRFFGH5AXU4S86       | Long             | EC               | CORP              | DE        |     30218 | NS      | $1094412.28   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCORDIA FINANCIAL GROUP LTD                               | ORDINARY SHARES     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    173300 | NS      | $1112911.32   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ASR NEDERLAND NV                                            | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     18379 | NS      | $1153464.54   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SIEMENS HEALTHINEERS AG                                     | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900QBVWXMWANH7H45       | Long             | EC               | CORP              | DE        |     15069 | NS      | $808820.40    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCON AG                                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300LDT5AP8S0NBM78       | Long             | EC               | CORP              | CH        |     44962 | NS      | $4339580.69   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSUS NV                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |     49520 | NS      | $2295841.65   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     70833 | NS      | $2303812.28   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| TELSTRA GROUP LTD                                           | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 894500WRW54CVN62K416       | Long             | EC               | CORP              | AU        |    611982 | NS      | $1767943.30   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| DSM-FIRMENICH AG                                            | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 506700G44V67MPM4BI12       | Long             | EC               | CORP              | CH        |     13034 | NS      | $1407454.47   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SAGE GROUP PLC/THE                                          | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |     88651 | NS      | $1462047.52   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                       | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |     16534 | NS      | $3824778.39   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCEDES-BENZ GROUP AG                                      | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     13904 | NS      | $826463.03    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLICIS GROUPE SA                                          | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 2138004KW8BV57III342       | Long             | EC               | CORP              | FR        |      8582 | NS      | $867796.71    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE TELECOMMUNICATIONS LTD                            | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |    171400 | NS      | $496050.84    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ORKLA ASA                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               | CORP              | NO        |     64442 | NS      | $716063.52    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVO NORDISK A/S                                            | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300DAQ1CVT6CXN342       | Long             | EC               | CORP              | DK        |     55385 | NS      | $3657309.68   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL GRID PLC                                           | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |    114409 | NS      | $1651282.15   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| KONINKLIJKE AHOLD DELHAIZE NV                               | ORDINARY SHARES     | CUSIP: N0139V100<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |     45923 | NS      | $1880143.53   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP GROUP LTD                                               | ORDINARY SHARES     | CUSIP: Q1498M100<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    124630 | NS      | $3048775.14   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANTEST CORP                                              | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |     53400 | NS      | $2189706.25   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVARTIS AG                                                 | ORDINARY SHARES     | CUSIP: H5820Q150<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     79333 | NS      | $9015135.48   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI HEAVY INDUSTRIES LTD                             | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 353800TJ98PCAZROVE69       | Long             | EC               | CORP              | JP        |    186990 | NS      | $3657277.49   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FANUC CORP                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               | CORP              | JP        |    150100 | NS      | $3835958.88   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANZ SE                                                  | ORDINARY SHARES     | CUSIP: D03080112<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |     12919 | NS      | $5328711.19   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPGEMINI SE                                                | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |     18893 | NS      | $2993201.82   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| UNICREDIT SPA                                               | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |     45580 | NS      | $2631852.58   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG  AND  CHINA GAS CO LTD                            | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |   1245000 | NS      | $1122098.87   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SONY GROUP CORP                                             | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |    368300 | NS      | $9713661.35   | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU CORP                                                 | ORDINARY SHARES     | CUSIP: N/A<br>LEI: J48DJYXDTLHM30UMYI18       | Long             | EC               | CORP              | JP        |     90100 | NS      | $4588811.02   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AEGON LTD                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: O4QK7KMMK83ITNTHUG69       | Long             | EC               | CORP              | NL        |    143117 | NS      | $913117.09    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HOYA CORP                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 353800X4VR3BHEUCJB42       | Long             | EC               | CORP              | JP        |     14100 | NS      | $1654762.90   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TESCO PLC                                                   | ORDINARY SHARES     | CUSIP: G87621101<br>LEI: 2138002P5RNKC5W2JZ46 | Long             | EC               | CORP              | GB        |   1097314 | NS      | $5421084.13   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED OVERSEAS BANK LTD                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |     53500 | NS      | $1418911.26   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CIE GENERALE DES ETABLISSEMENTS MICHELIN SCA                | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |     48853 | NS      | $1780389.01   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SEKISUI HOUSE LTD                                           | ORDINARY SHARES     | CUSIP: 816078109<br>LEI: 529900GMNDOYQSAJAE76 | Long             | EC               | CORP              | JP        |     28200 | NS      | $646126.73    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KOMATSU LTD                                                 | ORDINARY SHARES     | CUSIP: J35759125<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |     34600 | NS      | $992408.73    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| INTESA SANPAOLO SPA                                         | ORDINARY SHARES     | CUSIP: T55067101<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |   1488186 | NS      | $7893347.62   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| 3I GROUP PLC                                                | ORDINARY SHARES     | CUSIP: G88473114<br>LEI: 35GDVHRBMFE7NWATNM84 | Long             | EC               | CORP              | GB        |    123903 | NS      | $6991418.77   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTAL S.A.                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     59618 | NS      | $3455258.50   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GENMAB A/S                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900MTJPDPE4MHJ122       | Long             | EC               | CORP              | DK        |      3193 | NS      | $673587.80    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DANONE SA                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |     42594 | NS      | $3665270.13   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIVA PLC                                                   | ORDINARY SHARES     | CUSIP: G0683Q109<br>LEI: YF0Y5B0IB8SM0ZFG9G81 | Long             | EC               | CORP              | GB        |    146886 | NS      | $1096228.46   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| NEC CORP                                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 5493000QYMPFRTEY4K28       | Long             | EC               | CORP              | JP        |    287800 | NS      | $6996732.41   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-KYMMENE OYJ                                             | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |     37737 | NS      | $996938.86    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| INFORMA PLC                                                 | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 5493006VM2LKUPSEDU20       | Long             | EC               | CORP              | GB        |    124346 | NS      | $1206081.10   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| KONINKLIJKE KPN NV                                          | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |    303506 | NS      | $1407971.27   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CIE DE SAINT-GOBAIN SA                                      | ORDINARY SHARES     | CUSIP: N/A<br>LEI: NFONVGN05Z0FMN5PEC35       | Long             | EC               | CORP              | FR        |     37861 | NS      | $4096076.49   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDVIK AB                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 5299008ZUAXN43LVZF54       | Long             | EC               | CORP              | SE        |     82180 | NS      | $1701331.33   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRICA PLC                                                | ORDINARY SHARES     | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |    675220 | NS      | $1441135.71   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| MARKS  AND  SPENCER GROUP PLC                               | ORDINARY SHARES     | CUSIP: G5824M107<br>LEI: 213800EJP14A79ZG1X44 | Long             | EC               | CORP              | GB        |    289175 | NS      | $1499142.74   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| VINCI SA                                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |     51397 | NS      | $7138399.44   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| REED ELSEVIER                                               | ORDINARY SHARES     | CUSIP: 758212708<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     93011 | NS      | $5041283.56   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBISHI UFJ FINANCIAL GROUP INC                          | ORDINARY SHARES     | CUSIP: J44497105<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |    216500 | NS      | $2730855.71   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG EXCHANGES  AND  CLEARING LTD                      | ORDINARY SHARES     | CUSIP: Y3506N121<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |     36400 | NS      | $1599504.87   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BOERSE AG                                          | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |      3287 | NS      | $1055663.18   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CSL LTD                                                     | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900ECSECK5ZDQTE14       | Long             | EC               | CORP              | AU        |     16498 | NS      | $2653890.73   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI SA                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |      8492 | NS      | $922573.97    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUSTRIA DE DISENO TEXTIL SA                               | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300TTCXZOGZM2EY83       | Long             | EC               | CORP              | ES        |     34676 | NS      | $1855715.90   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ASAHI GROUP HOLDINGS LTD                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |    197406 | NS      | $2723341.27   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TERUMO CORPORATION                                          | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 353800JX1R4582QVK932       | Long             | EC               | CORP              | JP        |     67700 | NS      | $1296896.77   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKELEY GROUP HOLDINGS PLC                                 | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 2138009OQSSLVVHQAL78       | Long             | EC               | CORP              | GB        |     17501 | NS      | $972593.94    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR WIMPEY PLC                                           | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 21380089BTRXTD8S3R66       | Long             | EC               | CORP              | GB        |    543008 | NS      | $849947.09    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MOWI ASA                                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300W1OGQF5LZIH349       | Long             | EC               | CORP              | NO        |     49481 | NS      | $904160.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESENIUS SE  AND  CO KGAA                                  | ORDINARY SHARES     | CUSIP: D27348123<br>LEI: XDFJ0CYCOO1FXRFTQS51 | Long             | EC               | CORP              | DE        |     53434 | NS      | $2530268.29   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KESKO OYJ                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 743700OX6HSVMCAHPB95       | Long             | EC               | CORP              | FI        |     48174 | NS      | $1102393.60   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GEA GROUP AG                                                | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300PHUU0ZZWO8EO07       | Long             | EC               | CORP              | DE        |     12997 | NS      | $843665.61    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SKANDINAVISKA ENSKILDA BANKEN AB                            | ORDINARY SHARES     | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |     91429 | NS      | $1442072.43   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| HENKEL AG  AND  CO KGAA                                     | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     14123 | NS      | $993553.29    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ERSTE GROUP BANK AG                                         | ORDINARY SHARES     | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |     63743 | NS      | $4292961.20   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| KLEPIERRE SA                                                | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |     18480 | NS      | $674946.90    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTUM OYJ                                                  | ORDINARY SHARES     | CUSIP: X2978Z118<br>LEI: 635400IUIZZIUJSAMF76 | Long             | EC               | CORP              | FI        |    108477 | NS      | $1811986.88   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BOLIDEN AB                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |     60261 | NS      | $1846079.57   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| LONZA GROUP AG                                              | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300EFW4H2TCZ71055       | Long             | EC               | CORP              | CH        |      2853 | NS      | $2034622.64   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| INFINEON TECHNOLOGIES AG                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: TSI2PJM6EPETEQ4X1U25       | Long             | EC               | CORP              | DE        |     24381 | NS      | $797942.62    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KDDI CORP                                                   | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |    187800 | NS      | $3314542.59   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| DAITO TRUST CONSTRUCTION CO LTD                             | ORDINARY SHARES     | CUSIP: J11151107<br>LEI: 353800QQ4DRI3KXS3038 | Long             | EC               | CORP              | JP        |     12100 | NS      | $1342187.72   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTOCRAT LEISURE LTD                                      | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900TE2HO3OZKYKC27       | Long             | EC               | CORP              | AU        |     17366 | NS      | $743514.39    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ISUZU MOTORS LTD                                            | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |     56400 | NS      | $759928.66    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUI OSK LINES LTD                                        | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 353800P8O843TMAZ6S09       | Long             | EC               | CORP              | JP        |     41700 | NS      | $1382125.47   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| QBE INSURANCE GROUP LTD                                     | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |    174450 | NS      | $2412552.41   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI TRUST GROUP INC                             | ORDINARY SHARES     | CUSIP: J7772M102<br>LEI: 353800P843RLCDBLNT17 | Long             | EC               | CORP              | JP        |     77600 | NS      | $1913134.70   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITALAND INTEGRATED COMMERCIAL TRUST                      | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 54930031292WUTXF0L29       | Long             | EC               | CORP              | SG        |    530608 | NS      | $873445.52    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC HONG KONG HOLDINGS LTD                                  | ORDINARY SHARES     | CUSIP: Y0920U103<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |    239908 | NS      | $996059.31    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                         | ORDINARY SHARES     | CUSIP: J7771X109<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |     32300 | NS      | $768079.45    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITALAND ASCENDAS REIT                                    | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 549300ILIBAEMQZK3L20       | Long             | EC               | CORP              | SG        |    343900 | NS      | $700385.88    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| RENESAS ELECTRONICS CORP                                    | ORDINARY SHARES     | CUSIP: J4881U109<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |     86100 | NS      | $1007149.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGRAND SA                                                  | ORDINARY SHARES     | CUSIP: N/A<br>LEI: 969500XXRPGD7HCAFA90       | Long             | EC               | CORP              | FR        |     10544 | NS      | $1150281.91   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAMBLES LTD                                                | ORDINARY SHARES     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    178982 | NS      | $2352555.37   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AERCAP HOLDINGS NV                                          | ORDINARY SHARES     | CUSIP: N00985106<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | IE        |     25764 | NS      | $2730984.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PUTNAM INVESTMENT FUNDS-PUTNAM GOVERNMENT MONEY MARKET FUND | SHORT TERM INV FUND | CUSIP: 74680A869<br>LEI: 549300SEUI2XMME8T893 | Long             | STIV             | PF                | US        |   2499018 | NS      | $2499018.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-18

**Name of Applicant:** Putnam ETF Trust

**Signature:** Kevin R Blatchford

**Name of Signer:** Kevin R Blatchford

**Title:** Assistant Treasurer