PTBDPacer Trendpilot U.S. Bond ETF
PTBD Fund Description
PTBD tracks an index that uses a momentum-driven proprietary strategy that toggles between U.S. High Yield Corporate Bonds and 7-10 Year Treasury Bonds.
PTBD Factset Analytics Insight
PTBD is the first in the Trendpilot series to provide exposure to fixed income. The fund attempts to participate in an upward trending U.S. high yield corporate bond market and lessen exposure during downtrends. It accomplishes this via toggling feature that switches the weights between S&P US High Yield Corporate Bonds and S&P US Treasury 7-10 Year bonds. The fund will toggle between all High Yield Corporate bonds, all Treasury bonds or a 50/50 mix by comparing the 100-moving average to the ratio of the Corporate Bond Index and Treasury Bond Index. The risk toggle provides sell discipline but runs the risk of lagging the market on both sell and buy signals. Retail investors would be wise to check spreads before placing trades and use limit orders to control execution. Large institutional traders should use a liquidity provider before purchasing or selling this ETF. The strategy may also introduce increased capital gains risks.
PTBD MSCI ESG Analytics Insight
Pacer Trendpilot U.S. Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.89 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Pacer Trendpilot U.S. Bond ETF ranks in the 25th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PTBD Summary Data
PTBD Portfolio Data
PTBD Index Data
PTBD Portfolio Management
PTBD Tax Exposures
PTBD Fund Structure
PTBD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PTBD. PTBD is rated a N/A out of 5.
PTBD Sector/Industry Breakdown
PTBD Top 10 Holdings[View All]
PTBD Top 5 Countries
PTBD Top 5 Currencies