Pacer Aristotle Pacific Floating Rate High Income ETF
$46.81−0.05 (−0.10%)
- Expense ratio
- 0.60%
- Fund size
- $785M
- 1Y return
- +5.3%
- Yield · Last 12 months
- 6.74%
- Holdings
- 335
- Volume · 30D
- 0.1M sh
- NAV per share
- $46.84
- 52W range
The ETF.net FLRT Grade
Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 56Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.FScore 11Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 71Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 46Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
Our read on FLRT
CA bank-loan specialist parked in a high-yield crowd. FLRT buys floating-rate debt from below-investment-grade borrowers, so coupons reset with short-term rates instead of sitting fixed, and a credit sub-adviser picks the paper. Running since 2015.
The fund seeks high current income by investing mainly in floating-rate loans issued by non-investment-grade companies; this exposure may also help hedge rising interest rates.
Why people hold it
- Floating-rate coupons reset with short-term rates, which is why Pacer frames the portfolio as an income source that can also hedge rising rates rather than a long-duration bond bet.paceretfs.com
- Real loan-market pedigree behind the wheel: Aristotle Pacific Capital, formerly Pacific Asset Management, sub-advises and assembles a few hundred positions credit by credit.paceretfs.com
- Income arrives monthly, not quarterly.
- Not a freshly minted launch: the strategy has traded since 2015 and survived a fund reorganization along the way.paceretfs.com
Worth knowing
- Active pricing: 0.60% a year, above the roughly 0.40% typical of high-yield ETFs, and index rivals such as SCYB and SPHY charge a small fraction of that.
- The S&P/LSTA Leveraged Loan 100 is the yardstick, not the blueprint. Holdings are chosen actively, so the portfolio can look quite different from the loan market it gets measured against.paceretfs.com
- The prospectus flags liquidity, CLO and asset-backed risks alongside high-yield credit risk. Loan paper can get harder to move when markets tighten up.paceretfs.com
FLRT Holdings
- Stocks
- 335
- 15%
- U.S. Bank Money Market Deposit Account 06/01/2031
Sectors
- Financials100.0%
Geography
- United States86.80%
- Canada5.86%
- United Kingdom3.72%
- Switzerland3.62%
FLRT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | FLRT |
|---|---|
| Year to date | +3.6% |
| 1 month | +0.6% |
| 3 months | +1.7% |
| 1 year | +5.3% |
| 3 years | +7.6% |
| 5 years | +6.2% |
| 10 years | +4.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLRT |
|---|---|---|
| 2026 YTD | +3.6% | |
| 2025 | +6.2% | |
| 2024 | +9.2% | |
| 2023 | +14.6% | |
| 2022 | −2.7% | |
| 2021 | +2.9% | |
| 2020 | +2.7% |
FLRT in the news
ETF.net Research hasn’t filed on FLRT yet — coverage lands here as it’s written.
FLRT Dividends
- 6.74%
- $3.16
- $0.33 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 27, 2026 | Aug 31, 2026 | $0.33 |
| Jul 23, 2026 | Jul 27, 2026 | $0.23 |
| Jun 25, 2026 | Jun 29, 2026 | $0.28 |
| May 21, 2026 | May 26, 2026 | $0.16 |
| Apr 23, 2026 | Apr 27, 2026 | $0.23 |
| Mar 26, 2026 | Mar 30, 2026 | $0.26 |
| Feb 25, 2026 | Feb 27, 2026 | $0.29 |
| Jan 22, 2026 | Jan 26, 2026 | $0.16 |
| Dec 23, 2025 | Dec 26, 2025 | $0.41 |
| Nov 25, 2025 | Nov 28, 2025 | $0.29 |
| Oct 23, 2025 | Oct 27, 2025 | $0.25 |
| Sep 25, 2025 | Sep 29, 2025 | $0.26 |
FLRT Risk
- 2.1%
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.
- 1.45
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.
- −7.6%
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.
- 0.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLRT Cost
- The middle half of Bank Loan funds
- Median 0.62%
4 of the 11 Bank Loan funds charge less.