Pacer Barings CLO Market Flex ETF

Frequently Asked Questions About AAAP

What does AAAP invest in?

Actively managed ETF that seeks current income and capital preservation by investing across collateralized loan obligation (CLO) debt tranches and related structured-credit opportunities.

What is the expense ratio of AAAP?

Pacer Barings CLO Market Flex ETF (AAAP) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

What is AAAP's dividend yield?

AAAP's trailing-twelve-month yield is 0.22%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AAAP?

Effective duration measures AAAP's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AAAP's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of AAAP?

AAAP's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of AAAP?

Yield to maturity (YTM) is the total return you'd earn from AAAP if every bond in the portfolio is held to maturity at the current price. AAAP's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.