Franklin Templeton Announces Liquidation Plan for Putnam BioRevolution ETF by November 2025
Franklin Resources Inc. plans to liquidate the Putnam BioRevolution™ ETF (SYNB) by November 21, 2025. Purchase orders will cease after October 24, 2025, and redemption orders will stop after November 13, 2025. Trading on NYSE Arca will be suspended on November 14, 2025. Remaining assets will be distributed as cash to shareholders who haven't redeemed their shares by the liquidation date. Shareholders should consult tax advisors regarding tax implications of the liquidation.
Franklin Resources Inc. has announced plans to liquidate and dissolve the Putnam BioRevolution™ ETF (SYNB), with the liquidation expected to occur around November 21, 2025. The fund will no longer accept purchase orders for creation units after October 24, 2025, and will halt redemption orders after November 13, 2025. Trading on NYSE Arca will be suspended prior to the market opening on November 14, 2025. Post-liquidation, remaining assets will be distributed as cash pro rata to shareholders who have not redeemed their shares by the liquidation date. Shareholders are advised to consult with tax advisors regarding the tax implications of this liquidation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Resources Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250919288372) on September 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
