- What are the top holdings of MMAY?
- Pacer Swan SOS Moderate (May) ETF holds 6 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does MMAY have?
- MMAY holds 6 positions as reported by the fund's most recent disclosure.
- What sectors does MMAY invest in?
- Pacer Swan SOS Moderate (May) ETF (MMAY) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is MMAY most exposed to?
- MMAY's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is MMAY a US-only fund?
- The country allocation card on this page shows MMAY's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does MMAY invest in?
- MMAY uses flex options in an effort to moderate losses on SPY ETF over a one-year period starting each May. The fund foregoes some upside return of SPYs dividend as options are written on the price (not total) return version of the index. The fund compensates for the first 15% losses on SPY, beyond it, the fund will experience all subsequent losses on a one-to-one basis. In exchange for preventing realization of SPYs losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. Even if shares are held for the entire outcome period, results may differ. The targeted buffers and caps do not include the funds expense ratio.
