Key stats
About Pacer Trendpilot US Bond ETF
Expense ratio
0.60%
Home page
Inception date
Oct 22, 2019
PTBDis the first in theTrendpilotseries to provide exposure to fixed income. The fundattempts to participate in an upward trending U.S.high yield corporate bond market and lessen exposure during downtrends. It accomplishes this via toggling feature that switches the weights between S&P US High Yield Corporate Bonds and S&P US Treasury 7-10 Yearbonds. The fund will toggle between allHigh Yield Corporate bonds,allTreasury bondsor a 50/50 mix by comparing the 100-moving average to the ratio of the Corporate Bond Index and Treasury Bond Index. The risk toggle providesselldiscipline butruns the risk of lagging the market on both sell and buy signals. Retail investors would be wise to check spreads before placing trades and use limit orders to control execution. Large institutional traders should use a liquidity provider before purchasing or selling this ETF. The strategy may also introduce increased capital gains risks.
Classification
What's in the fund
Exposure type
Corporate
Stocks0.22%
Communications0.22%
Bonds, Cash & Other99.78%
Corporate97.92%
Cash1.64%
Miscellaneous0.21%