Pacer Aristotle Pacific Floating Rate High Income ETF
$46.47−0.01 (−0.02%)
- 0.60%
- $1.0B
- +5.0%
- 6.71%
- 0.2M sh
- $46.45
- low $46.00high $47.53
The ETF.net FLRT Grade
C
Score 48 out of 100
- 7 of 11
Score 48 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.B57 out of 100Rank 5 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.F13 out of 100Rank 8 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B69 out of 100Rank 2 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A82 out of 100Rank 1 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D25 out of 100Rank 10 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 4 of 11
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
- 358
- 25%
- U.S. Bank Money Market Deposit Account 06/01/2031
Sectors
- Financials100.0%
Geography
- United States84.92%
- Canada6.20%
- United Kingdom4.53%
- Switzerland4.35%
FLRT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FLRT$10,504
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.
| Period | FLRT |
|---|---|
| Year to date | +3.3% |
| 1 month | −0.1% |
| 3 months | +1.1% |
| 1 year | +5.0% |
| 3 years | +7.6% |
| 5 years | +6.0% |
| 10 years | +4.7% |
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 | +3.3% | |
| 2025 | +6.2% | |
| 2024 | +9.2% | |
| 2023 | +14.6% | |
| 2022 | −2.7% | |
| 2021 | +2.9% | |
| 2020 | +2.7% |
FLRT in the news
FLRT Dividends
- 6.71%
- $3.12
- $0.22 per share
- Monthly
Distribution history
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.
- 1.32
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
0.60%
FLRT0.60%
- The middle half of Bank Loan funds
- Median 0.62%
4 of the 11 Bank Loan funds charge less.
Other funds in Bank Loan
- BFTSLFirst Trust Senior Loan FundExpense ratio 0.70%1 year return +3.9%
- CFLBLFranklin Senior Loan ETFExpense ratio 0.45%1 year return +3.3%
- CSRLNState Street Blackstone Senior Loan ETFExpense ratio 0.70%1 year return +5.3%
- DLONZPIMCO Senior Loan Active Exchange-Traded FundExpense ratio 0.73%1 year return +5.2%
- DPFRLPGIM Floating Rate Income ETFExpense ratio 0.72%1 year return +6.1%