FLRT Fees and Costs — Pacer Pacific Asset Floating Rate High Income ETF
Data updated: 2026-09-29
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $222 in broker commissions, and portfolio turnover was 38%.
FLRT Fees and Expenses
Annual operating expenses and sales charges of FLRT. Prospectus, as of August 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FLRT Costs Over Time
On $10,000 invested in FLRT, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.60%) | $63 | $197 | $344 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
FLRT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $222
- Bought from dealers (principal trades, not a cost): $318.9M
- Portfolio turnover (prospectus): 38%
- Securities on loan, average value: $8.0M
- Net income from securities lending: $28K (0.005% of average net assets)
FLRT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $222 | 100.00% |
FLRT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $66.1M | 20.72% |
| MORGAN STANLEY & CO. LLC | $53.5M | 16.76% |
| BOFAML SECURITIES, INC. | $50.6M | 15.85% |
| CITIGROUP GLOBAL MARKETS INC. | $33.1M | 10.37% |
| GOLDMAN SACHS & CO | $27.0M | 8.48% |
| NOMURA SECURITIES INTERNATIONAL INC. | $21.5M | 6.75% |
| WELLS FARGO SECURITIES LLC | $18.6M | 5.83% |
| RBC CAPITAL MARKETS LLC | $17.8M | 5.59% |
| UBS SECURITIES LLC | $15.8M | 4.96% |
| BNP PARIBAS SECURITIES CORP. | $15.0M | 4.69% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.