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PBSC

GradeCNASDAQ

Pacer Barings Secured Credit Flex ETF

High Yield Bond · Pacer · Inception 2026-06-21

$25.13−0.09 (−0.36%)

As of Sep 23, 2026, 1:18 PM EDT

History starts Jun 23, 2026.History starts Jun 23, 2026.History starts Jun 23, 2026.
Intraday session: down, 6 prints from 25.22 to 25.13. Range 25.13 to 25.20. Use the arrow keys to read each point.$25.14$25.16$25.18$25.2010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$102M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
286
Volume · 30D
0.1M sh
NAV per share
$25.13
52W range
low $25.07high $25.37

The ETF.net PBSC Grade

C

51/ 100

Rank 9 of 13 in International High Yield Bond⁠

Confidence Low

Six-pillar profile for PBSC. Scores out of 100: Cost 34, Risk 87, Mission not scored, Tradability 66, Holdings 31, Durability 47. Strongest: Risk (87). Weakest: Holdings (31). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 51 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.
    DScore 34
    Category rank9/13 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 87
    Category rank1/13 · top 8%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 66
    Category rank4/13 · top 31%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 31
    Category rank11/13 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 47
    Category rank9/13 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

PBSC Holdings

As of Sep 16, 2026, 3:19 PM
Asset class
Bonds
Holdings
286
Top-10 weight
18%
Largest holding
U.S. Bank Money Market Deposit Account 06/01/20318.3%
The fund’s holdings, weight-ordered — page 1 of 19.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—U.S. Bank Money Market Deposit Account 06/01/20318.26%8,384,274$8M100
002—1261229 BC Ltd 10% 04/15/20321.34%1,313,000$1M21
003—Benefit Street Partners CLO XII-B Ltd 9.205% 10/15/20391.24%1,250,000$1M2
004—CIFC Funding 2024-III Ltd 9.06% 07/21/20391.00%1,000,000$1M3
005—GoldentTree Loan Management US CLO 1 Ltd 8.9291% 07/20/20401.00%1,000,000$1M3
006—Canyon CLO 2023-2 Ltd 10.03% 07/15/20390.99%1,000,000$1M2
007—OCP CLO 2025-48 Ltd 6.2029% 12/15/20380.99%1,000,000$1M2
008—Benefit Street Partners CLO XII-B Ltd 6.305% 10/15/20390.99%1,000,000$1M3
009—Battalion CLO XXIV Ltd 5.763% 07/14/20390.99%1,000,000$1M3
010—Carlyle US CLO 2022-4 Ltd 0% 10/25/20390.98%1,000,000$1M2
011—Benefit Street Partners CLO XIV Ltd 0% 10/20/20390.98%1,000,000$1M2
012—Carrix Inc 6.125% 08/01/20330.98%1,016,000$997K16
013—Time Warner Cable Enterprises LLC 8.375% 07/15/20330.97%922,500$985K10
014—Service Properties Trust 8.625% 11/15/20310.97%946,000$984K7
015—HLF Financing Sarl LLC / Herbalife International Inc 7.75% 05/01/20330.96%980,000$973K9

Showing 1–15 of 284 holdings

PBSC Performance

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

PBSC$10,007
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,125
Aug 21, 2026 to Sep 22, 2026. PBSC $10,007. SPY $10,125. Use the arrow keys to read each point.$9,825$9,987$10,149Aug 21Sep 4Sep 22

Aug 21, 2026 – Sep 22, 2026

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.

Trailing total return for PBSC. Periods over one year show the average yearly return.
PeriodPBSC
Year to dateFund launched this year—
1 month+0.1%
3 monthsHistory unavailable—
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 PBSC
YearReturn barPBSC
2026 YTD+1.3%

History from Jun 23, 2026

PBSC in the news

ETF.net Research hasn’t filed on PBSC yet — coverage lands here as it’s written.

PBSC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
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. 2 payments in 2026 YTD. Jul 31, 2026 $0.07; Aug 31, 2026 $0.12. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Aug 31, 2026Sep 1, 2026$0.12
Jul 31, 2026Aug 3, 2026$0.07

PBSC 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.
0.09
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.

PBSC Cost

Expense ratio0.49%
  • The middle half of International High Yield Bond funds
  • Median 0.46%

7 of the 13 International High Yield Bond funds charge less.

PBSC costs $49.00 a year on $10,000. The median International High Yield Bond fund costs $46.00.