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1D
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5Y
ALL
AUM
$576438135
P/E ratio
75.5
Dividend yield
6.24%
Expense ratio
0.6%
Beta
0.131782
Previous close
$47.36
Today's open
$47.37
Day's range
$47.35 - $47.38
52 week range
$45.06 - $47.87
Bonds
Domestic
5.68%
FLRT: Outperforming Other Floating Rate ETFs With A Higher Risk
FLRT offers a high 7% yield by investing primarily in non-investment-grade floating-rate loans with a flexible strategy. The portfolio is well-diversified, with 204 holdings, 53% in bank loans, 32% in CLOs, and 78% rated below investment grade. Compared to peers, FLRT delivers the highest yield and total return since 2016, but also comes with higher volatility, deeper drawdowns, and higher fees.
Seeking Alpha • Jul 3, 2025

FLRT: Still A Robust Hold, 7% Yield
Pacer Pacific Asset Floating Rate High Income ETF strategically blends leveraged loans and CLO tranches, with a notable and commendable large cash position, reflecting prudent management in a tight credit spread environment. The ETF exhibits exceptionally low historical volatility and shallow drawdowns, attributed to the floating-rate nature of its holdings and its focus on higher-quality below-investment-grade debt. FLRT offers a respectable yield with "honest" distributions, meaning the yield is generated by the underlying assets, avoiding return of capital.
Seeking Alpha • Mar 5, 2025

FLRT: For Higher Rates And Tight Credit Spreads
Elevated rates are great for floating rate funds. FLRT focuses on non-investment grade holdings which have done well in this cycle. So long as we have elevated rates and a strong economy, this fund makes sense to consider allocating to.
Seeking Alpha • Oct 8, 2024

FLRT: No Longer An Attractive Entry Point (Rating Downgrade)
Pacer Pacific Asset Floating Rate High Income ETF has delivered outstanding results since our initial coverage of the name. FLRT is a low-duration instrument with a collateral pool consisting of leveraged loans and CLOs. The fund contains embedded leverage in the form of BB-rated CLO tranches, making it riskier compared to simple leveraged loan funds.
Seeking Alpha • Mar 28, 2024

FLRT: A High Yield, High Risk Floating Rate Bond ETF
Pacer Pacific Asset Floating Rate High Income ETF is an actively managed bond fund with a 30-day SEC yield of 8.9%. The FLRT ETF has changed names and strategies twice, with only data from 10/22/2021 being relevant to the current strategy. The fund has a high level of risk, with about 80% of asset value below investment grade, 47% in bank loans, and a higher volatility than its peers.
Seeking Alpha • Oct 27, 2023

FLRT: Little 9% Yielding Gem From Pacer
The Pacer Pacific Asset Floating Rate High Income ETF, a smaller fund with $120 million in assets, has seen its AUM increase significantly since the start of the rate hiking cycle. The fund's portfolio blends floating rate leveraged loans with ABS/CLO securities; it currently has a 30-day SEC yield of 9%. Despite taking slightly more risk through its composition, the fund has had a total return in the past year exceeding its pure floating rate loan peers, making it an attractive investment option.
Seeking Alpha • Jul 25, 2023

Pacer ETFs Celebrates Banner Year of Growth in 2022, Crosses $20B to Kickoff New Year
MALVERN, Pa.--( BUSINESS WIRE )--Pacer ETFs celebrates an incredible year of growth driven by its suite of strategy-driven, rules-based ETFs, capped off by the outstanding achievement of reaching $19.6 billion in assets as of Dec. 30, 2022. After starting 2022 with $10.2 billion in AUM, Pacer achieved a 92.2% growth rate, nearly doubling its assets. Within the first week of the New Year, Pacer surpassed $20 billion in assets signaling a strong start for 2023.
Business Wire • Jan 10, 2023

3 Income ETF Ideas for Today's Market Environment
As we consider the obstacles in today's fixed income markets, investors can look toward exchange traded fund strategies that could help augment their income portfolios. In the recent webcast, Three Ideas For Investors Who Are Looking For Income Today, Sean O'Hara, president of Pacer ETFs, warns that with yields still at the lower end of [.
ETF Trends • May 12, 2022

3 Ideas For Investors Who Are Looking For Income Today
Given the challenging market environment for fixed income investors, income generation remains top of mind. As interest rates rise, advisors and investors may be better served by turning to these three yield-generating strategies to meet their income needs.
ETF Trends • May 11, 2022

Pacer ETFs Celebrates Rapid Growth in 2021, Crosses the $10 Billion AUM Mark as It Sets Stage For 2022
MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs (“Pacer”), an ETF provider that offers strategy-driven, rules-based ETFs, has grown assets under management to $10.2 billion, a 76% increase from Dec. 31, 2020. “We are very pleased with the growth we've achieved in our first six years,” says Sean O'Hara, president of Pacer ETF Distributors. “We have proven to be an ETF provider that investors and advisors turn to for distinguished products across the board. I am looking forward to 2022 as we look to do
Business Wire • Jan 6, 2022

¹ Disclosures

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