Putnam Investments
100 Federal Street
Boston, MA 02110
May 18, 2021
BY EDGAR
Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, D.C. 20549
Attn: Jaea Hahn
| Re: | Putnam ETF Trust (the “Trust”) with respect to its series, Putnam Focused Large Cap Growth ETF, Putnam Focused Large Cap Value ETF and Putnam Sustainable Leaders ETF, Putnam Sustainable Future ETF (each, a “Fund” and, together, the “Funds”) Pre-Effective Amendment No. 1 to the Registration Statement on Form N-1A |
File Number: 333-253222
Dear Ms. Hahn:
Pursuant to Rule 461(a) under the Securities Act of 1933, as amended, the Trust respectfully requests that the effectiveness of the above-referenced pre-effective amendment to its registration statement (the “Registration Statement”) on Form N-1A be accelerated to noon on May 20, 2021, or as soon thereafter as practicable.
The Trust acknowledges that (i) should the Securities and Exchange Commission (the “Commission”) or its staff (the “Staff”), acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing, (ii) the Trust is responsible for the adequacy and accuracy of the disclosure in the filing, (iii) the Staff’s comments, the Trust’s changes to the disclosure in response to the Staff’s comments or the action of the Commission or the Staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve registrant from this responsibility, and (iv) the Trust may not assert this action or the Staff’s comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
Please call Caitlin Robinson at (617) 760-0044 as soon as the Registration Statement has been declared effective.
Very truly yours,
By: /s/ Caitlin E. Robinson
Name: Caitlin E. Robinson
Title: Counsel
cc: Peter T. Fariel, Esq., Putnam Investments
Stephanie Capistron, Esq., Dechert LLP
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
May 18, 2021
BY EDGAR
Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, D.C. 20549
Attn: Jaea Hahn
| Re: | Putnam ETF Trust (the “Trust”) with respect to its series, Putnam Focused Large Cap Growth ETF, Putnam Focused Large Cap Value ETF and Putnam Sustainable Future ETF, Putnam Sustainable Leaders ETF (each, a “Fund” and, together, the “Funds”) Pre-Effective Amendment No. 1 to the Registration Statement on Form N-1A |
File Number: 333-253222
Dear Ms. Hahn:
Pursuant to Rule 461(a) under the Securities Act of 1933, as amended, Foreside Fund Services, LLC, as principal underwriter of shares of each Fund, hereby joins in the request of the Trust for acceleration of the effective date of the above-referenced pre-effective amendment to the Trust’s registration statement on Form N-1A so that it becomes effective on May 20, 2021, or as soon thereafter as practicable.
Very truly yours,
By:__________________
Name: Mark Fairbanks
Title: Vice-President
cc: Peter T. Fariel, Esq., Putnam Investments
Stephanie Capistron, Esq., Dechert LLP