Pacer Pacific Asset Fltng Rt Hi Inc ETF (FLRT)
47.69
0.00 (0.00%)
USD |
NYSEARCA |
May 07, 16:00
47.69
0.00 (0.00%)
After-Hours: 17:01
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.61% | 0.10% | 256.80M | 61746.47 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 8.43% | 79.00% | 143.23M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide a high level of current income. The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing adjustable rate securities. Under normal circumstances, it will invest at least 80% of its net assets in senior secured floating rate loans and other adjustable rate securities. The fund is expected to invest primarily in loans and Adjustable Rate Securities that are rated below investment grade (i.e., high yield securities, sometimes called “junk bonds” or non-investment grade securities) or, if unrated, of comparable quality as determined by the Sub-Adviser. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Pacer |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| C. Robert Boyd | 9.21 yrs |
| Ying Qiu | 2.53 yrs |
Performance Versus Category
As of May 06, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 06, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide a high level of current income. The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing adjustable rate securities. Under normal circumstances, it will invest at least 80% of its net assets in senior secured floating rate loans and other adjustable rate securities. The fund is expected to invest primarily in loans and Adjustable Rate Securities that are rated below investment grade (i.e., high yield securities, sometimes called “junk bonds” or non-investment grade securities) or, if unrated, of comparable quality as determined by the Sub-Adviser. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Pacer |
| Prospectus Benchmark Index | |
| S&P 500 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| C. Robert Boyd | 9.21 yrs |
| Ying Qiu | 2.53 yrs |