ETF Evaluator: Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF (FLRT) Follow This ETF

Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF Overview

Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF (FLRT) is an actively managed Taxable Bond Bank Loan exchange-traded fund (ETF). Pacer launched the ETF in 2015.

The investment seeks to provide a high level of current income. The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing adjustable rate securities. Under normal circumstances, it will invest at least 80% of its net assets in senior secured floating rate loans and other adjustable rate securities. The fund is expected to invest primarily in loans and Adjustable Rate Securities that are rated below investment grade (i.e., high yield securities, sometimes called “junk bonds” or non-investment grade securities) or, if unrated, of comparable quality as determined by the Sub-Adviser.

About Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF (FLRT)

There are 2 members of the management team with an average tenure of 8.04 years: C. Robert Boyd (2015) and Ying Qiu (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P/LSTA US Leveraged Loan 100 index with a weighting of 100%. Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF has 302 securities in its portfolio. The top 10 holdings constitute 9.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF has 42.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 96.8% (53.9% domestic bond, 42.9% foreign bond and 0.0% convertible bond). Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF has 3.8% of the portfolio in cash.

Assets Under Management

The fund has $628 million in total assets, which is below the $1 billion average for the Bank Loan category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

FLRT Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF expense ratio is above average compared to funds in the Bank Loan category. Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF has an expense ratio of 0.60%, which is 3% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 96% for the Bank Loan category.

Recently, in the month of June 2026, Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF returned 0.1%, which earned it a grade of C, as the Bank Loan category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF has a trailing yield of 6.77%, which is below the 7.40% category average. The fund normally distributes its income monthly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF Grades

Year to date, the ETF has returned 1.8%, 0.6 percentage points better than the category, which translates into a grade of A. The fund has returned 5.2% over the past year (grade of B), 8.3% over the past three years (grade of A) and 6.0% per year over the past five years (grade of A) and 4.9% per year over the past 10 years (grade of A).

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