Pacer Pacific Asset Floating Rate High Income ETF FLRT 47.78 Pacer Pacific Asset Floating Rate High Income ETF

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Range:46.08-48.07Vol Avg:94000Last Div:4.04Changes:0.02
Beta:0.31Cap:0.39BCurrency:USDExchange:AMEX
Sector:Financial ServicesIPO:Thu Feb 19 2015Empoloyees:
CUSIP:CIK:0001408970ISIN:US69374H4285Country:US
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.
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