# Pacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF (SCOW): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/scow for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Pacer · Asset class: Equity - Strategy: Thematic · Inception: 2025-08-27 SCOW tracks an index of US small-cap equities of companies with constant positive free cash flow (FCF). These securities are also determined as having high FCF margins and return on invested capital (ROIC). Selection begins with the initial index universe comprised of the 600 smallest companies in the US equity market. Each company is screened to identify those with positive FCF for at least seven consecutive years, with the exclusion of the real estate sector and certain financial sector industries. The 160 most qualified securities are then given an FCF score based on their five-year aver... ## Key Facts | Metric | Value | |---|---| | Price | $23.60 | | Expense Ratio | 0.59% | | Assets Under Management | $1.8M | | NAV | $23.65 | | Holdings Count | 82 | | Distribution Yield (TTM) | 0.52% | | Annual Distribution (TTM) | $0.12 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $18.70 – $23.82 | | Beta | 0.59 | ## Latest Distribution - Amount: $0.0390 /share - Ex-date: 2026-09-03 - Pay date: 2026-09-08 ## Frequently Asked Questions ### What does SCOW invest in? SCOW tracks an index of US small-cap equities of companies with constant positive free cash flow (FCF). These securities are also determined as having high FCF margins and return on invested capital (ROIC). Selection begins with the initial index universe comprised of the 600 smallest companies in the US equity market. Each company is screened to identify those with positive FCF for at least seven consecutive years, with the exclusion of the real estate sector and certain financial sector industries. The 160 most qualified securities are then given an FCF score based on their five-year average FCF margin and ROIC and ranked accordingly. The top 80 companies with the highest scores are selected for inclusion in the index. Weighting is done based on float-adjusted market-cap along with the respective FCF score. Each constituent weighting is capped at 5% max and floored at 0.05%. Sector weighting is also capped at 40% each. The index is reconstituted and rebalanced on a semi-annual basis. ### What is the expense ratio of SCOW? Pacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF (SCOW) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SCOW? Pacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF (SCOW) manages $1.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SCOW actively managed or an index fund? SCOW's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was SCOW launched? Pacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF (SCOW) launched in August 2025 and is managed by Pacer. ### How has SCOW performed? SCOW's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SCOW pay a dividend? Pacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF (SCOW) currently distributes little or no income. Trailing-twelve-month yield is 0.52%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SCOW pay dividends? Pacer Funds Trust - Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SCOW's dividend yield? SCOW's trailing-twelve-month yield is 0.52%, calculated from the sum of dividends over the past year divided by the current price. ### When is SCOW's next ex-dividend date? The most recently announced ex-dividend date for SCOW was 2026-09-03. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SCOW's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.59% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SCOW charge its expense ratio? The expense ratio is deducted in tiny daily slices from SCOW's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SCOW cost more than a fund like VOO? SCOW's strategy (current expense ratio 0.59%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where SCOW sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to SCOW? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SCOW (0.59%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/scow - Distribution history: https://www.dividenddata.com/funds/scow/dividend - Holdings & diversification: https://www.dividenddata.com/funds/scow/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/scow/expenses - Peer comparison: https://www.dividenddata.com/funds/scow/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.