Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.4%
1 yr return
13.5%
3 Yr Avg Return
5.5%
5 Yr Avg Return
4.8%
Net Assets
$197 M
Holdings in Top 10
20.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.61%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 35.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FLRT - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return 5.5%
- 5 Yr Annualized Total Return 4.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.04%
- Dividend Yield 7.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePacer Pacific Asset Floating Rate High Income ETF
-
Fund Family NamePacer
-
Inception DateFeb 18, 2015
-
Shares Outstanding1510000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerC. Robert Boyd
Fund Description
FLRT - Performance
Return Ranking - Trailing
Period | FLRT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -1.2% | 4.8% | 4.58% |
1 Yr | 13.5% | -4.7% | 24.1% | 2.29% |
3 Yr | 5.5%* | -5.6% | 7.8% | 15.26% |
5 Yr | 4.8%* | -7.1% | 37.3% | 8.12% |
10 Yr | N/A* | -2.0% | 19.3% | 7.34% |
* Annualized
Return Ranking - Calendar
Period | FLRT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.2% | -12.0% | 17.3% | 7.25% |
2022 | -8.1% | -22.9% | 5.1% | 62.35% |
2021 | 0.0% | -12.2% | 12.0% | 93.17% |
2020 | -0.9% | -14.1% | 289.8% | 11.34% |
2019 | 4.8% | -8.1% | 14.6% | 3.04% |
Total Return Ranking - Trailing
Period | FLRT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.4% | -1.2% | 4.8% | 4.58% |
1 Yr | 13.5% | -4.7% | 24.1% | 2.29% |
3 Yr | 5.5%* | -5.6% | 7.8% | 15.26% |
5 Yr | 4.8%* | -7.1% | 37.3% | 8.12% |
10 Yr | N/A* | -2.0% | 19.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FLRT Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.6% | -12.0% | 30.3% | 11.45% |
2022 | -2.7% | -22.9% | 5.1% | 60.39% |
2021 | 3.2% | -10.2% | 19.4% | 87.95% |
2020 | 2.8% | -14.1% | 306.9% | 27.73% |
2019 | 9.4% | -3.6% | 23.8% | 6.96% |
FLRT - Holdings
Concentration Analysis
FLRT | Category Low | Category High | FLRT % Rank | |
---|---|---|---|---|
Net Assets | 197 M | 29.9 M | 13.5 B | 79.40% |
Number of Holdings | 143 | 2 | 1605 | 90.04% |
Net Assets in Top 10 | 34.2 M | -191 M | 2.48 B | 74.17% |
Weighting of Top 10 | 20.50% | 5.2% | 100.8% | 25.93% |
Top 10 Holdings
- U.S. Bank Money Market Deposit Account 9.04%
- GTCR W Merger Sub LLC 1.50%
- Star Parent Inc 1.47%
- Avolon TLB Borrower 1 US LLC 1.30%
- RR 26 Ltd 1.21%
- Symphony CLO XXII Ltd 1.20%
- Wand NewCo 3 Inc 1.20%
- Niagara Park Clo Ltd 1.20%
- Morgan Stanley Eaton Vance Clo 2021-1 Ltd 1.20%
- Wec US Holdings Ltd 1.19%
Asset Allocation
Weighting | Return Low | Return High | FLRT % Rank | |
---|---|---|---|---|
Bonds | 96.04% | 0.00% | 161.82% | 38.38% |
Cash | 9.04% | -61.90% | 18.85% | 11.44% |
Stocks | 0.76% | 0.00% | 100.78% | 60.89% |
Preferred Stocks | 0.00% | -3.99% | 6.42% | 67.16% |
Other | 0.00% | -52.39% | 26.58% | 68.27% |
Convertible Bonds | 0.00% | 0.00% | 5.51% | 71.75% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FLRT % Rank | |
---|---|---|---|---|
Industrials | 100.00% | 0.00% | 100.00% | 1.74% |
Utilities | 0.00% | 0.00% | 100.00% | 59.13% |
Technology | 0.00% | 0.00% | 100.00% | 64.35% |
Real Estate | 0.00% | 0.00% | 48.61% | 50.43% |
Healthcare | 0.00% | 0.00% | 100.00% | 50.43% |
Financial Services | 0.00% | 0.00% | 89.61% | 51.30% |
Energy | 0.00% | 0.00% | 100.00% | 79.13% |
Communication Services | 0.00% | 0.00% | 100.00% | 77.39% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 60.87% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 67.83% |
Basic Materials | 0.00% | 0.00% | 1.36% | 50.43% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FLRT % Rank | |
---|---|---|---|---|
US | 0.76% | -0.01% | 100.78% | 60.89% |
Non US | 0.00% | 0.00% | 0.68% | 59.78% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FLRT % Rank | |
---|---|---|---|---|
Corporate | 95.77% | 0.00% | 141.23% | 18.22% |
Cash & Equivalents | 9.04% | 0.00% | 25.03% | 11.81% |
Securitized | 2.53% | 0.00% | 91.68% | 22.30% |
Derivative | 0.00% | -8.79% | 1.12% | 63.10% |
Municipal | 0.00% | 0.00% | 0.47% | 53.16% |
Government | 0.00% | 0.00% | 3.18% | 61.71% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FLRT % Rank | |
---|---|---|---|---|
US | 96.04% | 0.00% | 144.71% | 28.04% |
Non US | 0.00% | 0.00% | 63.23% | 76.01% |
FLRT - Expenses
Operational Fees
FLRT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.61% | 0.03% | 12.26% | 96.34% |
Management Fee | 0.60% | 0.00% | 1.89% | 39.21% |
12b-1 Fee | N/A | 0.00% | 1.00% | 7.69% |
Administrative Fee | 0.03% | 0.02% | 0.27% | 5.56% |
Sales Fees
FLRT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
FLRT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FLRT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 35.00% | 4.00% | 180.00% | 19.53% |
FLRT - Distributions
Dividend Yield Analysis
FLRT | Category Low | Category High | FLRT % Rank | |
---|---|---|---|---|
Dividend Yield | 7.51% | 0.00% | 11.08% | 54.12% |
Dividend Distribution Analysis
FLRT | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
FLRT | Category Low | Category High | FLRT % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.04% | 1.77% | 9.82% | 80.83% |
Capital Gain Distribution Analysis
FLRT | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.299 | OrdinaryDividend |
Feb 28, 2024 | $0.291 | OrdinaryDividend |
Jan 31, 2024 | $0.263 | OrdinaryDividend |
Jan 03, 2024 | $0.484 | OrdinaryDividend |
Nov 29, 2023 | $0.337 | OrdinaryDividend |
Nov 01, 2023 | $0.401 | OrdinaryDividend |
Sep 27, 2023 | $0.302 | OrdinaryDividend |
Aug 30, 2023 | $0.315 | OrdinaryDividend |
Aug 02, 2023 | $0.373 | OrdinaryDividend |
Jun 28, 2023 | $0.318 | OrdinaryDividend |
Jun 01, 2023 | $0.261 | OrdinaryDividend |
May 03, 2023 | $0.373 | OrdinaryDividend |
Mar 29, 2023 | $0.300 | OrdinaryDividend |
Mar 01, 2023 | $0.272 | OrdinaryDividend |
Feb 01, 2023 | $0.234 | OrdinaryDividend |
Dec 27, 2022 | $0.401 | OrdinaryDividend |
Nov 29, 2022 | $0.306 | OrdinaryDividend |
Oct 31, 2022 | $0.311 | OrdinaryDividend |
Sep 26, 2022 | $0.220 | OrdinaryDividend |
Aug 29, 2022 | $0.261 | OrdinaryDividend |
Jul 25, 2022 | $0.278 | OrdinaryDividend |
Jun 27, 2022 | $0.179 | OrdinaryDividend |
May 31, 2022 | $0.163 | OrdinaryDividend |
Apr 25, 2022 | $0.129 | OrdinaryDividend |
Mar 28, 2022 | $0.155 | OrdinaryDividend |
Feb 28, 2022 | $0.119 | OrdinaryDividend |
Feb 01, 2022 | $0.082 | OrdinaryDividend |
Dec 30, 2021 | $0.425 | OrdinaryDividend |
Sep 30, 2021 | $0.143 | OrdinaryDividend |
Aug 31, 2021 | $0.124 | OrdinaryDividend |
Jul 30, 2021 | $0.144 | OrdinaryDividend |
Jun 30, 2021 | $0.131 | OrdinaryDividend |
May 28, 2021 | $0.119 | OrdinaryDividend |
Apr 30, 2021 | $0.119 | OrdinaryDividend |
Mar 31, 2021 | $0.120 | OrdinaryDividend |
Feb 26, 2021 | $0.117 | OrdinaryDividend |
Jan 29, 2021 | $0.101 | OrdinaryDividend |
Dec 31, 2020 | $0.115 | OrdinaryDividend |
Nov 30, 2020 | $0.122 | OrdinaryDividend |
Oct 30, 2020 | $0.140 | OrdinaryDividend |
Sep 30, 2020 | $0.251 | OrdinaryDividend |
Aug 31, 2020 | $0.111 | OrdinaryDividend |
Dec 23, 2019 | $0.177 | OrdinaryDividend |
Nov 29, 2019 | $0.148 | OrdinaryDividend |
Oct 31, 2019 | $0.178 | OrdinaryDividend |
Sep 30, 2019 | $0.163 | OrdinaryDividend |
Aug 30, 2019 | $0.186 | OrdinaryDividend |
Jul 31, 2019 | $0.193 | OrdinaryDividend |
Jun 28, 2019 | $0.160 | OrdinaryDividend |
May 31, 2019 | $0.214 | OrdinaryDividend |
Apr 30, 2019 | $0.166 | OrdinaryDividend |
Mar 29, 2019 | $0.172 | OrdinaryDividend |
Feb 28, 2019 | $0.180 | OrdinaryDividend |
Jan 31, 2019 | $0.183 | OrdinaryDividend |
Dec 31, 2018 | $0.167 | OrdinaryDividend |
Nov 30, 2018 | $0.171 | OrdinaryDividend |
Oct 31, 2018 | $0.193 | OrdinaryDividend |
Sep 28, 2018 | $0.159 | OrdinaryDividend |
Aug 31, 2018 | $0.172 | OrdinaryDividend |
Jul 31, 2018 | $0.160 | OrdinaryDividend |
Jun 29, 2018 | $0.126 | OrdinaryDividend |
May 31, 2018 | $0.157 | OrdinaryDividend |
Apr 30, 2018 | $0.162 | OrdinaryDividend |
Mar 29, 2018 | $0.112 | OrdinaryDividend |
Feb 28, 2018 | $0.146 | OrdinaryDividend |
Jan 31, 2018 | $0.133 | OrdinaryDividend |
Dec 29, 2017 | $0.142 | OrdinaryDividend |
Nov 30, 2017 | $0.139 | OrdinaryDividend |
Oct 31, 2017 | $0.130 | OrdinaryDividend |
Sep 29, 2017 | $0.111 | OrdinaryDividend |
Aug 31, 2017 | $0.133 | OrdinaryDividend |
Jul 31, 2017 | $0.142 | OrdinaryDividend |
Jun 30, 2017 | $0.107 | OrdinaryDividend |
May 31, 2017 | $0.139 | OrdinaryDividend |
Apr 28, 2017 | $0.141 | OrdinaryDividend |
Mar 31, 2017 | $0.138 | OrdinaryDividend |
Feb 28, 2017 | $0.152 | OrdinaryDividend |
Jan 31, 2017 | $0.103 | OrdinaryDividend |
Dec 30, 2016 | $0.186 | OrdinaryDividend |
Nov 30, 2016 | $0.140 | OrdinaryDividend |
Oct 31, 2016 | $0.156 | OrdinaryDividend |
Sep 30, 2016 | $0.137 | OrdinaryDividend |
Aug 31, 2016 | $0.141 | OrdinaryDividend |
Jul 29, 2016 | $0.150 | OrdinaryDividend |
Jun 30, 2016 | $0.146 | OrdinaryDividend |
May 31, 2016 | $0.136 | OrdinaryDividend |
Apr 29, 2016 | $0.134 | OrdinaryDividend |
Mar 31, 2016 | $0.131 | OrdinaryDividend |
Feb 29, 2016 | $0.132 | OrdinaryDividend |
Jan 29, 2016 | $0.104 | OrdinaryDividend |
Dec 31, 2015 | $0.187 | OrdinaryDividend |
Nov 30, 2015 | $0.134 | OrdinaryDividend |
Oct 30, 2015 | $0.157 | OrdinaryDividend |
Sep 30, 2015 | $0.162 | OrdinaryDividend |
Aug 31, 2015 | $0.154 | OrdinaryDividend |
Jul 30, 2015 | $0.147 | OrdinaryDividend |
Jun 30, 2015 | $0.200 | OrdinaryDividend |
May 29, 2015 | $0.172 | OrdinaryDividend |
Apr 30, 2015 | $0.146 | OrdinaryDividend |
FLRT - Fund Manager Analysis
Managers
C. Robert Boyd
Start Date
Tenure
Tenure Rank
Feb 18, 2015
7.28
7.3%
Mr. Boyd is Managing Director of Pacific Asset Management since 2012 and portfolio manager of Pacific Asset Management since 2014. Mr. Boyd is a member of the high yield portfolio management team and provides research and analysis of investments in the gaming, aerospace, services and other cyclical sectors. Prior to joining Pacific Asset Management, he was a vice president, credit analyst and bank loan portfolio manager at PIMCO since 1998. Mr. Boyd has a BA from California State University, Long Beach and an MBA from the University of Southern California.
Ying Qiu
Start Date
Tenure
Tenure Rank
Oct 19, 2021
0.61
0.6%
Ms. Qiu is a managing director and portfolio manager of Pacific Asset Management since 2016. Ms. Qiu is a co-portfolio manager on various investment grade portfolios and has credit research responsibilities focusing on asset-backed securities ("ABS") and airlines sectors. Prior to joining Pacific Asset Management, Ms. Qiu was a senior vice president, portfolio manager and trader for both investment grade corporate and ABS with PIMCO since 2008. Ms. Qiu began her investment career in 1997 and has a BA from Renmin University of China and an MBA from the Emory University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.01 | 3.25 |