PAMC Fees and Costs — Pacer Lunt MidCap Multi-Factor Alternator 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 $120K in broker commissions, 0.1979% of average net assets, and portfolio turnover was 630%.
PAMC Fees and Expenses
Annual operating expenses and sales charges of PAMC. 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 |
PAMC Costs Over Time
On $10,000 invested in PAMC, assuming 5% a year before costs, total costs come to $501 over 5 years, cutting the return by 0.84% 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 | $342 |
| Trading costs (broker commissions) | $21 | $65 | $113 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $275 | $501 |
| Value after costs | $10,416 | $11,301 | $12,262 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
PAMC 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): 0.1979%
- Total broker commissions: $120K
- Bought from dealers (principal trades, not a cost): $4K
- Portfolio turnover (prospectus): 630%
- Securities on loan, average value: $9.4M
- Net income from securities lending: $16K (0.026% of average net assets)
PAMC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WOLVERINE EXECUTION SERVICES, LLC | $26K | 21.68% |
| MIRAE ASSET SECURITIES (USA) INC. | $24K | 20.12% |
| BARCLAYS CAPITAL INC. | $17K | 14.44% |
| VIRTU AMERICAS LLC | $17K | 14.19% |
| J.P. MORGAN SECURITIES LLC | $14K | 11.32% |
| WALLACHBETH CAPITAL LLC | $11K | 9.00% |
| CITIGROUP GLOBAL MARKETS INC. | $5K | 4.15% |
| JANE STREET EXECUTION SERVICES, LLC | $5K | 3.95% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $1K | 0.90% |
| GOLDMAN SACHS & CO. LLC | $303 | 0.25% |
PAMC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WOLVERINE EXECUTION SERVICES, LLC | $4K | 100.00% |
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.