Key stats
About Pacer Nasdaq International Patent Leaders ETF
Home page
Inception date
Sep 16, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Pacer Advisors, Inc.
Distributor
Pacer Financial, Inc.
ISIN
US69374H3113
PATN uses a different measure to invest in innovative companies, patent valuations. Companies are initially screened from a global ex-US large- and midcap stock index for research and development spending and patents held. Patent portfolios are ranked and valued by a third-party data provider. Using a proprietary methodology, each company is evaluated based on intangible assets, such as intellectual property, research and development activities, and patents held. The process includes data from patent offices, corporate filings, economic data, and actual values from previously traded patents. The valuation model provides an estimated dollar value for each companys patent portfolio. The top 100 stocks, based on patent portfolio value, are selected for the funds underlying index. The fund is non-diversified, therefore more assets may be concentrated within certain sectors and countries. The index is reconstituted and rebalanced semi-annually in June and December.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Health Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PATN assets under management is 15.35 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PATN invests in stocks. See more details in our Analysis section.
PATN expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PATN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, PATN pays dividends to its holders with the dividend yield of 0.53%.
PATN shares are issued by Pacer Advisors, Inc.
PATN follows the Nasdaq International Patent Leaders Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 16, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.