Fund Description
The Fund employs a passive management (or indexing) investment approach designed to track the total return performance, before fees and expenses of Metaurus US Large Cap Dividend Multiplier Index - Series 400. The Index, as designed, has two components: (i) an S&P 500 Index component (the S&P 500 Component ) and (ii) a dividend component (the Dividend Component ) consisting of long positions in annual futures contracts that provide exposure to ordinary dividends paid on the common stocks of companies included in the S&P 500 ( S&P Dividend Futures ). The S&P 500 Index consists of approximately 500 leading U.S.-listed companies representing approximately 80% of the U.S. equity market capitalization.The Dividend Component is designed to give the Fund exposure to approximately 400% of the ordinary dividends the Fund would otherwise have expected to receive from its investment in the S&P 500 Component. The Dividend Component consists of annual futures contracts whose value represents the market s expectation of the amount of ordinary dividends to be paid by S&P 500 companies during the term of the futures contract. As of June 1, 2021, the S&P 500 Component comprised approximately 88% of the Index.
Fund Profile
Fund Name Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
Fund Exchange Ticker QDPL
Fund Sponsor Pacer Financial
Fund ISIN US69374H4368
Net Expense Ratio 0.79 %
Fund Inception Date 12 July 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Dividend & Fundamental
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Metaurus US Large Cap Dividend Multiplier Index - Series 400
Index Provider Metaurus Advisors LLC
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 8 December 2022
Asset Under Management 83.21 Million (USD)
1 Month Total Return 4.82 %
Year To Date Return -17.39 %
1 Year Total Return -16.53 %
3 Year Annualized Total Return
NAV 29.826
Share Outstanding 2,790,000
Top 10 Holdings (8 December 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash & Other CASH 0.0616500388
APPLE INC AAPL EQUI 0.0570034308
S&P 500 Annl Div Dec22 FUTR 0.0540259621
S&P 500 Annl Div Dec23 FUTR 0.0537420419
S&P 500 Annl Div Dec24 FUTR 0.0513084400
UNITED STATES TREAS BILLS 02/23/2023 BILL 0.0297917633
UNITED STATES TREAS NTS 1.5% 02/29/2024 BILL 0.0289213213