Key stats
About Pacer Cash Cows Fund of Funds ETF
Home page
Inception date
May 3, 2019
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
US69374H6595
HERD is a fund-of-funds that offers exposure to five underlying ETFs, each emphasizing cash cows, or companies with high free cash flow yields and positive earnings. The fund specifically holds Pacer US Cash Cows 100, Pacer Global Cash Cows Dividend, Pacer Developed Markets International Cash Cows 100, Pacer US Small Cap Cash Cows, and Pacer US Cash Cows Growth. These funds focus on US large-caps, developed markets large-caps, developed ex-US stocks, US small-caps, and US growth stocks, respectively. The underlying ETFs screen out companies with negative projections for earnings or free cash flow as well as firms in the financial sector (except REITs). Remaining firms are ranked based on trailing 12-month free cash flow yield, selecting stocks with the highest value. The underlying funds weighting schemes are based on free cash flow, dividend, or market cap. At each quarterly rebalance, HERD equally weights its underlying ETFs, each having 20% weight of the portfolio.
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
ETF
Bonds, Cash & Other100.00%
ETF99.90%
Cash0.10%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HERD top holdings are Pacer US Small Cap Cash Cows ETF and Pacer US Cash Cows Growth ETF, occupying 20.53% and 20.24% of the portfolio correspondingly.
HERD last dividends amounted to 0.19 USD. The quarter before, the issuer paid 0.16 USD in dividends, which shows a 13.63% increase.
HERD assets under management is 86.37 M USD. It's fallen 0.37% over the last month.
HERD fund flows account for −11.69 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.
Yes, HERD pays dividends to its holders with the dividend yield of 1.45%. The last dividend (Sep 11, 2025) amounted to 0.19 USD. The dividends are paid quarterly.
HERD shares are issued by Pacer Advisors, Inc. under the brand Pacer. The ETF was launched on May 3, 2019, and its management style is Passive.
HERD expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
HERD follows the Pacer Cash Cows Fund of Funds Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HERD invests in funds.
HERD price has risen by 0.80% over the last month, and its yearly performance shows a 7.32% increase. See more dynamics on HERD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.27% over the last month, showed a 7.38% increase in three-month performance and has increased by 9.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.27% over the last month, showed a 7.38% increase in three-month performance and has increased by 9.96% in a year.
HERD trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.