Key stats
About Pacer Swan SOS Flex (July) ETF
Home page
Inception date
Jun 30, 2021
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US69374H4699
PSFJ uses flex options in an effort to moderate losses on the SPY ETF over a one-year period starting each July. The fund foregoes some upside return of SPYs dividend as options are written on the price (not total) return version of the index. While PSFJ hedges for the first 20% losses on SPY, shareholders will incur two times more losses as its underlying ETF if SPYs losses grow from -20% to -40%. Beyond -40%, the fund will experience all subsequent losses on a one-to-one basis. In exchange for preventing the realization of SPYs losses, investors also forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. Even if shares are held for the entire outcome period, results may differ. The targeted buffers and caps do not include the funds expense ratio.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.15%
Cash0.85%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PSFJ assets under management is 36.16 M USD. It's risen 13.70% over the last month.
PSFJ fund flows account for 8.22 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, PSFJ doesn't pay dividends to its holders.
PSFJ shares are issued by Pacer Advisors, Inc. under the brand Pacer. The ETF was launched on Jun 30, 2021, and its management style is Active.
PSFJ expense ratio is 0.61% meaning you'd have to pay 0.61% of your investment to help manage the fund.
PSFJ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PSFJ invests in cash.
PSFJ price has risen by 1.46% over the last month, and its yearly performance shows a 14.94% increase. See more dynamics on PSFJ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a 6.85% increase in three-month performance and has increased by 15.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.09% over the last month, showed a 6.85% increase in three-month performance and has increased by 15.95% in a year.
PSFJ trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.