PTMC Fees and Costs — Pacer Trendpilot US Mid Cap 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 $72K in broker commissions, 0.0176% of average net assets, and portfolio turnover was 23%.
PTMC Fees and Expenses
Annual operating expenses and sales charges of PTMC. 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 |
PTMC Costs Over Time
On $10,000 invested in PTMC, assuming 5% a year before costs, total costs come to $389 over 5 years, cutting the return by 0.65% 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 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $213 | $389 |
| Value after costs | $10,435 | $11,363 | $12,374 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
PTMC 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): 0.0176%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): $856.6M
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $34.3M
- Net income from securities lending: $59K (0.015% of average net assets)
PTMC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $28K | 38.96% |
| WOLVERINE EXECUTION SERVICES, LLC | $28K | 38.41% |
| JANE STREET EXECUTION SERVICES, LLC | $5K | 7.59% |
| MORGAN STANLEY & CO. LLC | $4K | 5.30% |
| WALLACHBETH CAPITAL LLC | $3K | 4.48% |
| VIRTU AMERICAS LLC | $1K | 1.84% |
| MIRAE ASSET SECURITIES (USA) INC. | $819 | 1.14% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $770 | 1.07% |
| BTIG, LLC | $496 | 0.69% |
| BARCLAYS CAPITAL INC. | $386 | 0.54% |
PTMC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $856.6M | 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.