Key stats
About Pacer US Cash Cows 100 ETF
Home page
Inception date
Dec 16, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Pacer Advisors, Inc.
Distributor
Pacer Financial, Inc.
COWZ provides broad-based US large-cap equity exposure with the investment thesis that higher free cash flow is a mark of stability. Starting with the Russell 1000 selection universe, COWZ screens companies based on their average projected free cash flows and earnings (if available) for the next two fiscal years. Companies without these forward year estimates will remain in the index universe, however, firms with negative earnings or free cash flow are filtered out. The remaining companies are ranked according to their twelve-month free cash flow yield and the top 100 names are included in the index. At each quarterly rebalance, constituents are weighted based on their trailing twelve-month free cash flow with a 2% cap applied on any single security.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Health Technology
Technology Services
Stocks99.76%
Energy Minerals14.42%
Health Technology13.58%
Technology Services10.07%
Electronic Technology8.08%
Consumer Non-Durables7.58%
Producer Manufacturing7.45%
Consumer Services6.50%
Retail Trade6.37%
Transportation6.28%
Consumer Durables5.15%
Communications4.09%
Industrial Services3.08%
Non-Energy Minerals2.52%
Health Services2.19%
Utilities1.10%
Commercial Services0.79%
Process Industries0.50%
Bonds, Cash & Other0.24%
Cash0.24%
Stock breakdown by region
North America96.78%
Europe3.22%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history