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Launched

Pacer Barings CLO Market Flex ETF

AAAPNasdaqC

$25.37+0.01 (+0.02%)

At close: Oct 13, 2026, 4:00 PM

C46/ 100

Rank 19 of 34 in Collateralized Loan Obligations (CLO)

C46/100Rank 19 of 34inCollateralized Loan Obligations (CLO)
Intraday session: up, 30 prints from 25.37 to 25.37. Range 25.35 to 25.40. Use the arrow keys to read each point.25.3525.3825.3925.4010 AM12 PM2 PM4 PM
Expense ratio
0.39%
Fund size
$107M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
98
Avg volume · 30D
0M sh
NAV per share
$25.29
52W range
low $25.05high $25.53
Launched

The ETF.net AAAP Grade

Based on 5 of 6 pillars

C

Score 46 out of 100

Category
Collateralized Loan Obligations (CLO)⁠
Rank
19 of 34
Six-pillar profile for AAAP. Scores out of 100: Cost 35, Risk 81, Mission not scored, Tradability 33, Holdings 55, Durability 38. Strongest: Risk (81). Weakest: Tradability (33). Based on 5 of 6 pillars.

Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D35 out of 100
    Rank 22 of 34

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A81 out of 100
    Rank 1 of 33

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D33 out of 100
    Rank 26 of 34

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B55 out of 100
    Rank 20 of 34

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D38 out of 100
    Rank 26 of 34

AAAP Holdings

As of Oct 13, 2026
Asset class
Bonds
Holdings
98
Top-10 weight
21%
Largest holding
Anchorage Capital CLO 31 Ltd 5.0292% 10/20/20382.8%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Anchorage Capital CLO 31 Ltd 5.0292% 10/20/20382.79%3,000,000$3M2
002—Bryant Park Funding 2023-21 Ltd 4.9992% 10/18/20382.79%3,000,000$3M1
003—KKR CLO 45a Ltd 5.5029% 07/15/20382.25%2,414,226$2M1
004—Eldridge CLO 2026-4 Ltd 4.9667% 07/23/20392.09%2,250,000$2M2
005—Sixth Street CLO 32 Ltd 5.3135% 04/21/20391.87%2,000,000$2M1
006—HPS Loan Management 2025-26 Ltd 5.0492% 07/20/20381.86%2,000,000$2M1
007—Apidos CLO XXXV 5.0902% 07/20/20391.86%2,000,000$2M1
008—Canyon Clo 2025-2 Ltd 5.0829% 10/15/20371.86%2,000,000$2M1
009—CIFC Funding 2024-II Ltd 5.2217% 04/22/20371.86%2,000,000$2M1
010—Katayma CLO II Ltd 5.5792% 04/20/20371.85%2,000,000$2M1
011—U.S. Bank Money Market Deposit Account 06/01/20311.82%1,960,896$2M103
012—Benefit Street Partners CLO XII-B Ltd 9.205% 10/15/20391.63%1,750,000$2M2
013—KKR CLO 44 Ltd 5.4292% 01/20/20391.63%1,750,000$2M2
014—Birch Grove CLO 8 Ltd 5.0192% 04/20/20391.63%1,750,000$2M3
015—Anchorage Capital Clo 32 Ltd 10.4144% 07/15/20391.63%1,750,000$2M2

Showing 1–15 of 98 holdings

AAAP Performance

Launched Jun 22, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
AAAP$10,164
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. AAAP $10,164. SPY $10,332. Use the arrow keys to read each point.$9,608$10,004$10,400Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AAAP. Periods over one year show the average yearly return.
PeriodAAAP
Year to dateFund launched this year—
1 month+0.4%
3 months+1.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AAAP
YearReturn barAAAP
2026 YTD+2.2%

History from Jun 23, 2026

AAAP in the news

Filtered to AAAP · Collateralized Loan Obligations (CLO)

AAAP Dividends

Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Jul 31, 2026 $0.06; Aug 31, 2026 $0.10; Sep 30, 2026 $0.12. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 30, 2026Oct 1, 2026$0.12
Aug 31, 2026Sep 1, 2026$0.10
Jul 31, 2026Aug 3, 2026$0.06

AAAP Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jun 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.02
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

AAAP Cost

Expense ratio0.39%
  • The middle half of Collateralized Loan Obligations (CLO) funds
  • Median 0.29%

21 of the 34 Collateralized Loan Obligations (CLO) funds charge less.

AAAP costs $39.00 a year on $10,000. The median Collateralized Loan Obligations (CLO) fund costs $29.00.

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