SRVR Fees and Costs — Pacer Data & Infrastructure Real Estate ETF
Data updated: 2026-09-29
The net expense ratio is 0.49%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $167K in broker commissions, 0.0407% of average net assets, and portfolio turnover was 44%.
SRVR Fees and Expenses
Annual operating expenses and sales charges of SRVR. Prospectus, as of August 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SRVR Costs Over Time
On $10,000 invested in SRVR, assuming 5% a year before costs, total costs come to $335 over 5 years, cutting the return by 0.56% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $183 | $335 |
| Value after costs | $10,444 | $11,393 | $12,428 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
SRVR 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): 0.0407%
- Total broker commissions: $167K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $31.1M
- Net income from securities lending: $329K (0.080% of average net assets)
SRVR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $115K | 68.79% |
| BTIG, LLC | $31K | 18.76% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $20K | 11.78% |
| MIRAE ASSET SECURITIES (USA) INC. | $607 | 0.36% |
| J.P. MORGAN SECURITIES LLC | $494 | 0.30% |
| CITIGROUP GLOBAL MARKETS INC. | $28 | 0.02% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.