Putnam Short Duration Bond Fund to Convert Into ETF
Putnam announced plans to convert the Putnam Short Duration Bond Fund from a mutual fund into an exchange-traded fund through a merger with a newly created ETF in the Putnam ETF Trust.
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Putnam announced plans to convert the Putnam Short Duration Bond Fund from a mutual fund into an exchange-traded fund through a merger with a newly created ETF in the Putnam ETF Trust.
Putnam will convert the Putnam Short Duration Bond Fund into the Franklin Short Term Bond ETF through a reorganization expected to close on or about January 25, 2027.
Putnam ETF Trust plans to liquidate and dissolve the Putnam ESG Ultra Short ETF (PULT), with the liquidation expected to occur on or about June 16, 2026.