# EDGAR Filing Document

**Accession Number:** 0001845809
**File Stem:** 0000940400-25-014962
**Filing Date:** 2025-12
**Character Count:** 42239
**Document Hash:** e40c9354fb79c5746d1ced09b31687d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014962.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000940400-25-014962

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260430

**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:** 251606236

**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 Emerging Markets Equity ETF (Series ID: S000077300)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000237597 | -            |  |

## 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:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Putnam PanAgora ESG Emerging Markets Equity ETF

- **b. EDGAR series identifier (if any):** S000077300

- **c. LEI of Series:** 549300D6DERBDQV65J18

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-10-31

**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:** $52406614.48

**Total Liabilities:** $26684.06

**Net Assets:** $52379930.42

**Cash Not Reported:** $44620.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237597 | 3.34%                | 6.92%                | 2.12%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $276423.96               | $1365048.00                                |
| Month 2  | $336497.39               | $3108586.87                                |
| Month 3  | $0.00                    | $1120232.54                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Naspers Ltd                         | Naspers Ltd                                                  | CUSIP: 000000000<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |      6190 | NS      | $435586.77    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Government Money Market Fund | Putnam Government Money Market Fund                          | CUSIP: 74680A869<br>LEI: 549300SEUI2XMME8T893 | Long             | STIV             | RF                | US        |    281206 | NS      | $281205.90    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINARES PHARMA                     | China Resources Pharmaceutical Group Ltd                     | CUSIP: 000000000<br>LEI: 3003004H1KDKMJ8JD874 | Long             | EC               | CORP              | CN        |     59000 | NS      | $37812.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT            | Bank Central Asia Tbk PT                                     | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |   1419800 | NS      | $727828.92    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Fire & Marine Insuranc      | Samsung Fire & Marine Insurance Co Ltd                       | CUSIP: 000000000<br>LEI: 988400JMBDK47EW0Z936 | Long             | EC               | CORP              | KR        |      2070 | NS      | $641449.38    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharat Electronics Ltd              | Bharat Electronics Ltd                                       | CUSIP: 000000000<br>LEI: 335800HS8AOTM9W1F335 | Long             | EC               | CORP              | IN        |    220545 | NS      | $1058611.03   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd           | Alibaba Group Holding Ltd                                    | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | HK        |     11334 | NS      | $1931653.62   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| WuXi AppTec Co Ltd                  | WuXi AppTec Co Ltd                                           | CUSIP: 000000000<br>LEI: 254900OEPQLZSPLN9175 | Long             | EC               | CORP              | CN        |     28200 | NS      | $394118.82    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Petronas Dagangan Bhd               | Petronas Dagangan Bhd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     20800 | NS      | $112641.83    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vipshop Holdings Ltd                | Vipshop Holdings Ltd                                         | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | CN        |     16238 | NS      | $284002.62    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SANXING MEDICAL                     | Ningbo Sanxing Medical Electric Co Ltd                       | CUSIP: 000000000<br>LEI: 300300F7H3O0GJJG4V34 | Long             | EC               | CORP              | CN        |      6200 | NS      | $19504.46     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd          | Samsung Electronics Co Ltd                                   | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     25004 | NS      | $1886597.65   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SANQI HUYU                          | 37 Interactive Entertainment Network Technology Group Co Ltd | CUSIP: 000000000<br>LEI: 300300BE4IFCPHCUMI94 | Long             | EC               | CORP              | CN        |      6600 | NS      | $19243.36     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Adnoc Gas PLC                       | Adnoc Gas PLC                                                | CUSIP: 000000000<br>LEI: 254900O5NS03BDOOM362 | Long             | EC               | CORP              | AE        |    176158 | NS      | $167383.55    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                         | Xiaomi Corp                                                  | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |     60400 | NS      | $335790.90    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                      | ICICI Bank Ltd                                               | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     14043 | NS      | $212817.19    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Far EasTone Telecommunications      | Far EasTone Telecommunications Co Ltd                        | CUSIP: 000000000<br>LEI: 529900L7W7BWDLVZL253 | Long             | EC               | CORP              | TW        |    120000 | NS      | $361081.29    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| JEREH GROUP                         | Yantai Jereh Oilfield Services Group Co Ltd                  | CUSIP: 000000000<br>LEI: 300300QPHWK638H2EU20 | Long             | EC               | CORP              | CN        |     36599 | NS      | $256885.56    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ADNOC Drilling Co PJSC              | ADNOC Drilling Co PJSC                                       | CUSIP: 000000000<br>LEI: 254900JPRSQL1PM0JV19 | Long             | EC               | CORP              | AE        |    185628 | NS      | $282008.80    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Sany Heavy Industry Co Ltd          | Sany Heavy Industry Co Ltd                                   | CUSIP: 000000000<br>LEI: 3003001FS86S7NYOHV89 | Long             | EC               | CORP              | CN        |     62708 | NS      | $194895.15    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Want Want China Holdings Ltd        | Want Want China Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 5299005HZCEKX4O1J230 | Long             | EC               | CORP              | HK        |    282000 | NS      | $182180.15    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GREE                                | Gree Electric Appliances Inc of Zhuhai                       | CUSIP: 000000000<br>LEI: 655600UY069MU9JRAN62 | Long             | EC               | CORP              | CN        |     24800 | NS      | $138385.09    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Baoshan Iron & Steel Co Ltd         | Baoshan Iron & Steel Co Ltd                                  | CUSIP: 000000000<br>LEI: 300300PYAP4PEHORZT21 | Long             | EC               | CORP              | CN        |    166667 | NS      | $172431.89    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Mphasis Ltd                         | Mphasis Ltd                                                  | CUSIP: 000000000<br>LEI: 335800NSYTIQLQKUYP62 | Long             | EC               | CORP              | IN        |      6251 | NS      | $194660.60    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HCL Technologies Ltd                | HCL Technologies Ltd                                         | CUSIP: 000000000<br>LEI: 549300C1F8OLYSOQYB65 | Long             | EC               | CORP              | IN        |     39452 | NS      | $685078.31    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PLDT Inc                            | PLDT Inc                                                     | CUSIP: 000000000<br>LEI: 254900ADE8GQHM5P2648 | Long             | EC               | CORP              | PH        |      6065 | NS      | $115425.66    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Fields Ltd                     | Gold Fields Ltd                                              | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |     26734 | NS      | $1026852.94   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Telekom Malaysia Bhd                | Telekom Malaysia Bhd                                         | CUSIP: 000000000<br>LEI: 254900SNFPTSDGGVEK77 | Long             | EC               | CORP              | MY        |     94400 | NS      | $164546.32    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| NANSHAN ALUMINIUM                   | Shandong Nanshan Aluminum Co Ltd                             | CUSIP: 000000000<br>LEI: 836800YU5J3RT2VPUO65 | Long             | EC               | CORP              | CN        |     92900 | NS      | $60119.74     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kalbe Farma Tbk PT                  | Kalbe Farma Tbk PT                                           | CUSIP: 000000000<br>LEI: 529900PRQI8S32HOE387 | Long             | EC               | CORP              | ID        |   1438600 | NS      | $110295.55    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS                                 | China Medical System Holdings Ltd                            | CUSIP: 000000000<br>LEI: 529900Z57DVJXUBLHX66 | Long             | EC               | CORP              | HK        |     73000 | NS      | $126167.39    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Uni-President Enterprises Corp      | Uni-President Enterprises Corp                               | CUSIP: 000000000<br>LEI: 254900DAXBDMVEXU5959 | Long             | EC               | CORP              | TW        |    261000 | NS      | $668185.81    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Yifeng Pharmacy Chain Co Ltd        | Yifeng Pharmacy Chain Co Ltd                                 | CUSIP: 000000000<br>LEI: 300300CZZIF44N1EZO06 | Long             | EC               | CORP              | CN        |     26200 | NS      | $89814.70     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CMSK                                | China Merchants Shekou Industrial Zone Holdings Co Ltd       | CUSIP: 000000000<br>LEI: 300300T3ACALX7NIPW13 | Long             | EC               | CORP              | CN        |     45900 | NS      | $60889.86     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander Chile               | Banco Santander Chile                                        | CUSIP: 000000000<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | EC               | CORP              | CL        |   2380276 | NS      | $172153.64    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| China Mengniu Dairy Co Ltd          | China Mengniu Dairy Co Ltd                                   | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | EC               | CORP              | CN        |    161000 | NS      | $292970.25    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| PICC P&C                            | PICC Property & Casualty Co Ltd                              | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |    106000 | NS      | $250453.31    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| IDBI Bank Ltd                       | IDBI Bank Ltd                                                | CUSIP: 000000000<br>LEI: 335800UL1OJYBFEAPY30 | Long             | EC               | CORP              | IN        |     75623 | NS      | $88425.78     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc               | Delta Electronics Inc                                        | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |     52733 | NS      | $1706819.39   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp        | China Construction Bank Corp                                 | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |    345000 | NS      | $341867.69    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| COPEL                               | Cia Paranaense de Energia - Copel                            | CUSIP: 000000000<br>LEI: 2549001AS1I9A71VG663 | Long             | EP               | CORP              | BR        |     67100 | NS      | $173613.51    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Electronics Inc                  | LG Electronics Inc                                           | CUSIP: 000000000<br>LEI: 988400RMQFTGZIOG0609 | Long             | EC               | CORP              | KR        |      6105 | NS      | $375362.70    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| America Movil SAB de CV             | America Movil SAB de CV                                      | CUSIP: 000000000<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |    420200 | NS      | $479265.71    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| China Everbright Bank Co Ltd        | China Everbright Bank Co Ltd                                 | CUSIP: 000000000<br>LEI: 549300U6PKQ4H1P34E17 | Long             | EC               | CORP              | CN        |    386000 | NS      | $158462.40    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Pop Mart International Group L      | Pop Mart International Group Ltd                             | CUSIP: 000000000<br>LEI: 9845000A05E8F937E337 | Long             | EC               | CORP              | CN        |     29200 | NS      | $832723.55    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Yunnan Baiyao Group Co Ltd          | Yunnan Baiyao Group Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     18000 | NS      | $143169.18    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Shengyi Technology Co Ltd           | Shengyi Technology Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11400 | NS      | $102900.22    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiamen C & D Inc                    | Xiamen C & D Inc                                             | CUSIP: 000000000<br>LEI: 300300NQXZDZZ0OSCN43 | Long             | EC               | CORP              | CN        |     69700 | NS      | $99702.82     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Asustek Computer Inc                | Asustek Computer Inc                                         | CUSIP: 000000000<br>LEI: 254900B3WB4OGRB7HM13 | Long             | EC               | CORP              | TW        |     34394 | NS      | $779825.57    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                         | NetEase Inc                                                  | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |      7281 | NS      | $1020068.10   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Land Ltd            | China Resources Land Ltd                                     | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | HK        |    170500 | NS      | $615687.44    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd                | Tencent Holdings Ltd                                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |     33488 | NS      | $2710741.45   | 5.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PZU                                 | Powszechny Zaklad Ubezpieczen SA                             | CUSIP: 000000000<br>LEI: QLPCKOOKVX32FUELX240 | Long             | EC               | CORP              | PL        |     43357 | NS      | $693383.27    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Huatai Securities Co Ltd            | Huatai Securities Co Ltd                                     | CUSIP: 000000000<br>LEI: 3003009ABT0UCWO79Q77 | Long             | EC               | CORP              | CN        |     26300 | NS      | $80189.23     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Dusit Medical Services      | Bangkok Dusit Medical Services PCL                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    490800 | NS      | $286875.52    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Grid Corp of India Ltd        | Power Grid Corp of India Ltd                                 | CUSIP: 000000000<br>LEI: 3358009SHWZ3DZEQ4Z56 | Long             | EC               | CORP              | IN        |    263887 | NS      | $856572.81    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| GIC of India                        | General Insurance Corp of India                              | CUSIP: 000000000<br>LEI: 5493001L5RU4INMMUJ95 | Long             | EC               | CORP              | IN        |     15670 | NS      | $66054.20     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Guosen Securities Co Ltd            | Guosen Securities Co Ltd                                     | CUSIP: 000000000<br>LEI: 254900SSGIWSMEOHDN82 | Long             | EC               | CORP              | CN        |     19700 | NS      | $38827.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay Financial Holding Co Lt      | Cathay Financial Holding Co Ltd                              | CUSIP: 000000000<br>LEI: 5299009XR1QLFAMQ3X77 | Long             | EC               | CORP              | TW        |    375000 | NS      | $780716.31    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                          | JD.com Inc                                                   | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |      6948 | NS      | $229561.92    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GRG Banking Equipment Co Ltd        | GRG Banking Equipment Co Ltd                                 | CUSIP: 000000000<br>LEI: 836800SWXACTDG5DWE68 | Long             | EC               | CORP              | CN        |     12500 | NS      | $22548.29     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinotrans Ltd                       | Sinotrans Ltd                                                | CUSIP: 000000000<br>LEI: 5299005U1RZLKVFWR249 | Long             | EC               | CORP              | CN        |    116400 | NS      | $109968.56    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Meituan                             | Meituan                                                      | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |     25200 | NS      | $330787.40    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC Aviation Ltd                    | BOC Aviation Ltd                                             | CUSIP: 000000000<br>LEI: 254900H06V5RMEB3KE72 | Long             | EC               | CORP              | SG        |     10100 | NS      | $88514.97     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Abu Dhabi Commercial Bank PJSC      | Abu Dhabi Commercial Bank PJSC                               | CUSIP: 000000000<br>LEI: 213800RWVKKIRX1AUH58 | Long             | EC               | CORP              | AE        |    212023 | NS      | $832402.20    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Coromandel International Ltd        | Coromandel International Ltd                                 | CUSIP: 000000000<br>LEI: 335800U73K3HJSQKT249 | Long             | EC               | CORP              | IN        |      7046 | NS      | $168634.91    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB d      | Grupo Financiero Banorte SAB de CV                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     86800 | NS      | $816910.95    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| E.Sun Financial Holding Co Ltd      | E.Sun Financial Holding Co Ltd                               | CUSIP: 000000000<br>LEI: 549300X6CNQE512OPC90 | Long             | EC               | CORP              | TW        |    736362 | NS      | $712623.84    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Vibra Energia SA                    | Vibra Energia SA                                             | CUSIP: 000000000<br>LEI: 549300U7VLJ3SYVNY689 | Long             | EC               | CORP              | BR        |     91900 | NS      | $406550.25    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ENN Natural Gas Co Ltd              | ENN Natural Gas Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300KVDMGNQNP52Z98 | Long             | EC               | CORP              | CN        |     40700 | NS      | $111525.63    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CNBM                                | China National Building Material Co Ltd                      | CUSIP: 000000000<br>LEI: 52990085PGF8YEPLBZ26 | Long             | EC               | CORP              | CN        |    388000 | NS      | $275125.96    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| IEIT Systems Co Ltd                 | IEIT Systems Co Ltd                                          | CUSIP: 000000000<br>LEI: 3003002K6ZLEBRGRI729 | Long             | EC               | CORP              | CN        |     16798 | NS      | $153817.39    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| YIWU CCC                            | Zhejiang China Commodities City Group Co Ltd                 | CUSIP: 000000000<br>LEI: 300300UELW04DCUGGZ27 | Long             | EC               | CORP              | CN        |     41000 | NS      | $106074.18    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TSMC                                | Taiwan Semiconductor Manufacturing Co Ltd                    | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    149655 | NS      | $7302381.18   | 13.94%            |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc              | KB Financial Group Inc                                       | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |      9439 | NS      | $772477.56    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CMOC Group Ltd                      | CMOC Group Ltd                                               | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |    366000 | NS      | $792237.36    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Falabella SA                        | Falabella SA                                                 | CUSIP: 000000000<br>LEI: 5493004CKJQ7H391LM41 | Long             | EC               | CORP              | CL        |     61638 | NS      | $386811.07    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Petronet LNG Ltd                    | Petronet LNG Ltd                                             | CUSIP: 000000000<br>LEI: 335800KIIKNA7GRD9351 | Long             | EC               | CORP              | IN        |     34130 | NS      | $108132.56    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Wuxi Biologics Cayman Inc           | Wuxi Biologics Cayman Inc                                    | CUSIP: 000000000<br>LEI: 5493001TD2TH6VDTJU11 | Long             | EC               | CORP              | CN        |     61000 | NS      | $284175.51    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Info Service PCL           | Advanced Info Service PCL                                    | CUSIP: 000000000<br>LEI: 529900DU2YW1NO5RMU78 | Long             | EC               | CORP              | TH        |     39600 | NS      | $369853.10    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Tech Mahindra Ltd                   | Tech Mahindra Ltd                                            | CUSIP: 000000000<br>LEI: 3358005FZUZ1I25XQH69 | Long             | EC               | CORP              | IN        |      4243 | NS      | $68082.06     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Foxconn Industrial Internet Co      | Foxconn Industrial Internet Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     46087 | NS      | $465812.79    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Telecom Co                    | Saudi Telecom Co                                             | CUSIP: 000000000<br>LEI: 21380028ATJ79OTA9W17 | Long             | EC               | CORP              | SA        |     67050 | NS      | $807753.78    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Coway Co Ltd                        | Coway Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3573 | NS      | $223696.51    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Komercni Banka AS                   | Komercni Banka AS                                            | CUSIP: 000000000<br>LEI: IYKCAVNFR8QGF00HV840 | Long             | EC               | CORP              | CZ        |      4485 | NS      | $229662.25    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TIM SA/Brazil                       | TIM SA/Brazil                                                | CUSIP: 000000000<br>LEI: 529900QI0CH1DN5ZCS77 | Long             | EC               | CORP              | BR        |     56200 | NS      | $253738.05    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc               | Anglogold Ashanti Plc                                        | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |     13018 | NS      | $885224.00    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Motiva Infraestrutura de Mobil      | Motiva Infraestrutura de Mobilidade SA                       | CUSIP: 000000000<br>LEI: 254900H4EUL83CCQ6781 | Long             | EC               | CORP              | BR        |     92900 | NS      | $274212.96    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Pidilite Industries Ltd             | Pidilite Industries Ltd                                      | CUSIP: 000000000<br>LEI: 335800APXGEBZ349GN74 | Long             | EC               | CORP              | IN        |     13733 | NS      | $223481.05    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SK hynix Inc                        | SK hynix Inc                                                 | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      1184 | NS      | $464541.85    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                          | JD.com Inc                                                   | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |      2100 | NS      | $34484.05     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| People's Insurance Co Group of      | People's Insurance Co Group of China Ltd/The                 | CUSIP: 000000000<br>LEI: 3003000P2JHYHQ524P66 | Long             | EC               | CORP              | CN        |    678000 | NS      | $609022.53    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co Ltd                | Weichai Power Co Ltd                                         | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |    163007 | NS      | $342324.77    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc            | Hana Financial Group Inc                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     15512 | NS      | $930883.31    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Auto Ltd                      | Bajaj Auto Ltd                                               | CUSIP: 000000000<br>LEI: 335800DLAO5NCNN8G863 | Long             | EC               | CORP              | IN        |      4462 | NS      | $446972.81    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Ltd                    | Lenovo Group Ltd                                             | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | CN        |    429065 | NS      | $627262.99    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Huatai Securities Co Ltd            | Huatai Securities Co Ltd                                     | CUSIP: 000000000<br>LEI: 3003009ABT0UCWO79Q77 | Long             | EC               | CORP              | CN        |     44200 | NS      | $111146.32    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tower Corp Ltd                | China Tower Corp Ltd                                         | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |    136000 | NS      | $196547.22    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hero MotoCorp Ltd                   | Hero MotoCorp Ltd                                            | CUSIP: 000000000<br>LEI: 335800Q49FBMZJTRLK49 | Long             | EC               | CORP              | IN        |     10003 | NS      | $624713.88    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                       | HDFC Bank Ltd                                                | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     81288 | NS      | $904072.46    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniVision Integrated Circuits      | OmniVision Integrated Circuits Group Inc                     | CUSIP: 000000000<br>LEI: 8368000MFHXX01GPND38 | Long             | EC               | CORP              | CN        |      9197 | NS      | $168754.54    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Youngor Fashion Co Ltd              | Youngor Fashion Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300PRWK21S8R8F317 | Long             | EC               | CORP              | CN        |     96200 | NS      | $101283.06    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Bank Co Ltd                 | Ping An Bank Co Ltd                                          | CUSIP: 000000000<br>LEI: 549300W9MKNIVWXFM679 | Long             | EC               | CORP              | CN        |     78500 | NS      | $124743.11    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Marico Ltd                          | Marico Ltd                                                   | CUSIP: 000000000<br>LEI: 3358003SFDQFGJPC5O84 | Long             | EC               | CORP              | IN        |     45013 | NS      | $365063.12    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao         | B3 SA - Brasil Bolsa Balcao                                  | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | EC               | CORP              | BR        |    300200 | NS      | $706425.15    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Gr      | Tencent Music Entertainment Group                            | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |      2591 | NS      | $57831.12     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kakao Corp                          | Kakao Corp                                                   | CUSIP: 000000000<br>LEI: 988400FTKUBQXKVZP434 | Long             | EC               | CORP              | KR        |      7119 | NS      | $325282.96    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd             | Reliance Industries Ltd                                      | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     27303 | NS      | $457165.80    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Etihad Etisalat Co                  | Etihad Etisalat Co                                           | CUSIP: 000000000<br>LEI: 2549007BA9ABDE3HVK79 | Long             | EC               | CORP              | SA        |     11380 | NS      | $205582.22    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| USISH                               | Universal Scientific Industrial Shanghai Co Ltd              | CUSIP: 000000000<br>LEI: 655600ZQ6P2GFIBK8C07 | Long             | EC               | CORP              | CN        |     18400 | NS      | $62223.59     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Huadong Medicine Co Ltd             | Huadong Medicine Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300WEZ30P69YUQZ42 | Long             | EC               | CORP              | CN        |     21900 | NS      | $127828.91    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| INDIAN CAP GAINS TAX                | INDIAN CAP GAINS TAX                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IN        |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** Putnam ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight