[email protected] | 877-337-0500 | PacerETFS Twitter PacerETFS LinkedIn     Logout

The Pacer Custom ETF Series

PALC

Pacer Lunt Large Cap Multi-Factor Alternator ETF

A strategy driven exchange traded fund that aims to provide capital appreciation over time by rotating among momentum, quality, value and volatility factors within S&P 500 companies.

Strategy Overview

An objective, rules-based strategy that is re-evaluated monthly for performance based on high and low sides of four key factors.

What is a Factor?
A factor is an attribute that can help explain the long-term risks and returns of an asset. Factors can be divided into both high and low factors.

Momentum:
the tendency of high performing stocks to continue performing well in the near future.
Quality:
the characteristics that contribute to a company’s durable business model and sustainable competitive advantage.
Value:
a measurement of a stock's market value relative to its intrinsic value.
Volatility:
the measurement of variance of returns for a security or index.

Each factor shown is based on an S&P sub-index. Each index is owned and calculated by S&P.

 

Step 1:
Segment Universe by Factor

The S&P 500 represents the investment universe for this strategy. S&P Dow Jones calculates high and low factor values for index constituents and rank orders stocks by
1) momentum, 2) quality, 3) value, and 4) volatility.







Step 2:
Evaluate and rank Factor Pairs

Lunt Capital applies proprietary, factor rotation rules to each pair of S&P factors to determine which side (i.e. high or low) is exhibiting stronger risk-adjusted relative strength in each factor. Then the top factors from each factor pair are ranked against each other.








Step 3:
Select Favored Factors

The two factors with the highest rank are selected for inclusion in the index. The index always holds two of the eight possible factors, but will not hold both sides of a factor at any given time.




Step 4:
Monthly Re-evaluation

Factor pairs are evaluated monthly for potential changes. While components are evaluated monthly, rotations only occur when triggered by the rules.

Performance (%)

as of 6/30/2020

  Since Fund Inception (6/24/20) YTD 1 Month 3 Month 1 Year
Pacer Lunt Large Cap Multi-Factor Alternator ETF NAV 1.73 N/A N/A N/A N/A
Pacer Lunt Large Cap Multi-Factor Alternator ETF Market Price 1.79 N/A N/A N/A N/A
Lunt Capital U.S. Large Cap Multi-Factor Rotation Index 1.74 4.66 3.40 23.41 11.66
S&P 500 Index 1.66 -3.08 1.99 20.54 7.51

Monthly Performance

This is a new Fund and therefore has limited performance to report. Performance quoted represents past performance and does not guarantee future results. Returns less than 1 year are cumulative. Returns greater than 1 year are annualized. Investment return and principal value will fluctuate, so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than the performance quoted. Visit www.paceretfs.com for the most recent month-end performance. Index returns are for illustrative purposes only. Index performance does not reflect any management fees, transaction costs or expenses. You cannot invest directly in an index.

Current Exposure

Tracking:
High Momentum, Low Value

Top 10 Holdings (%)

as of 9/30/19

View All Holdings

Daily Holdings

Ticker Holding Weight

Sector Breakdown (%)

as of 6/30/2020

Sector Weight
Information Technology 43.30
Health Care 10.55
Consumer Staples 10.38
Consumer Discretionary 9.94
Communication Services 7.11
Real Estate 5.34
Financials 3.97
Industrials 3.85
Utilities 3.39
Materials 1.79
Energy 0.38

Index Characteristics

as of 6/30/2020

  Lunt Capital U.S. Large Cap Multi-Factor Rotation Index
Weighted Average Market Cap ($mil) 398,771.40
Dividend Yield (%) 1.31
Price to Earnings (P/E) Ratio 35.81

Weighted average market cap is the sum of each company’s weight multiplied by its market cap.
Dividend yield is calculated using annual dividends per share divided by share price. There is no guarantee dividends will be paid.
P/E ratio is a fundamental measure commonly used to determine if an investment is valued appropriately. Each holding’s P/E is the latest closing price divided by the latest fiscal year’s earnings per share. Negative P/E ratios are excluded from this calculation.

Distributions

Ex Date Total Distribution Ordinary Income* Short Term Capital Gains Long Term Capital Gains Return of Capital
9/21/2020 $0.03986642 $0.03986642 $0 $0 $0

2020 Distribution Schedule

Past distributions are not indicative of future distributions.
*Ordinary income is composed mainly of wages, salaries, commissions and interest income from bonds, and it is taxable using ordinary income rates.

Premium/Discount

As of Sep 23, 2020

From Jun 25, 2020 to Sep 23, 2020
Days traded at premium 40
Days traded at discount 23
As of Date Discount Premium
06/25/2020 0.00
06/26/2020 0.08
06/29/2020 -0.25
06/30/2020 0.06
Next

PALC Premium/Discount Q3 2020

From Jul 1, 2020 to Sep 23, 2020
Days traded at premium 37
Days traded at discount 22
As of Date Discount Premium
07/01/2020 0.02
07/02/2020 -0.11
07/06/2020 -0.07
07/07/2020 0.07
07/08/2020 -0.05
07/09/2020 -0.02
07/10/2020 0.05
07/13/2020 0.09
07/14/2020 0.12
07/15/2020 0.00
07/16/2020 0.03
07/17/2020 0.09
07/20/2020 0.21
07/21/2020 0.01
07/22/2020 0.03
07/23/2020 -0.03
07/24/2020 -0.02
07/27/2020 0.02
07/28/2020 0.03
07/29/2020 -0.04
07/30/2020 -0.05
07/31/2020 -0.17
08/03/2020 0.1
08/04/2020 -0.05
08/05/2020 -0.01
08/06/2020 -0.02
08/07/2020 -0.02
08/10/2020 0.02
08/11/2020 -0.04
08/12/2020 0.00
08/13/2020 0.02
08/14/2020 0.00
08/17/2020 0.01
08/18/2020 -0.04
08/19/2020 0.02
08/20/2020 0.05
08/21/2020 0.06
08/24/2020 -0.12
08/25/2020 -0.03
08/26/2020 0.03
08/27/2020 0.07
08/28/2020 -0.04
08/31/2020 0.19
09/01/2020 -0.11
09/02/2020 0.07
09/03/2020 0.03
09/04/2020 0.13
09/08/2020 0.05
09/09/2020 0.2
09/10/2020 0.19
09/11/2020 0.02
09/14/2020 0.07
09/15/2020 0.01
09/16/2020 0.07
09/17/2020 -0.08
09/18/2020 0.05
09/21/2020 -0.12
09/22/2020 0.04
09/23/2020 -0.03

 

  • Material Preview
  • Description
  • Pacer Lunt Large Cap Multi-Factor Alternator ETF

    Pacer Lunt Large Cap Multi-Factor Alternator ETF

    as of 6/30/20

    Category: Pacer Custom Series, PALC


    Download

  • Institutional Presentation: Pacer Alternator Index ETF Strategies

    Institutional Presentation: Pacer Alternator Index ETF Strategies

    as of 6/30/20

    Category: Pacer Custom Series, ALTL, PALC, PAMC


  • Pacer ETFs Performance

    Pacer ETFs Performance

    as of 8/31/20

    Category: Trendpilot Series, PTLC, PTMC, PTNQ, PTEU, PTIN, TRND, PTBD, Cash Cows Series, GCOW, COWZ, CALF, ICOW, ECOW, BUL, HERD, Leaders Series, PEXL, Pacer Custom Series, PWS, VETS, SRVR, INDS, RTL, SZNE, USAI, AFTY, ALTL, PALC, PAMC, VIRS


    Download

  • The Next Chapter in Factor Rotation: July 21, 2020

    The Next Chapter in Factor Rotation: July 21, 2020

    Category: Pacer Custom Series, ALTL, PALC, PAMC

    Institutional Presentation Videos

    Duration: 42:08

  • A Factor Rotation Strategy for Unprecedented Times: August 12, 2020

    A Factor Rotation Strategy for Unprecedented Times: August 12, 2020

    Category: Pacer Custom Series, ALTL, PALC, PAMC

    Institutional Presentation Videos

    Duration: 31:38

  • Multi-Factor Rotation Using Relative Strength: September 15, 2020

    Multi-Factor Rotation Using Relative Strength: September 15, 2020

    Category: Pacer Custom Series, ALTL, PALC, PAMC

    Institutional Presentation Videos

    Duration: 27:04