Pacer Pacific Asset Floating Rate High Income ETFFLRT
FLRT
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
418% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 11
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
27% more capital invested
Capital invested by funds: $234M [Q4 2024] → $297M (+$62.1M) [Q1 2025]
11% more funds holding
Funds holding: 83 [Q4 2024] → 92 (+9) [Q1 2025]
3.28% more ownership
Funds ownership: 54.35% [Q4 2024] → 57.63% (+3.28%) [Q1 2025]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for FLRT.
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
FLRT: Outperforming Other Floating Rate ETFs With A Higher Risk
FLRT offers a high 7% yield by investing primarily in non-investment-grade floating-rate loans with a flexible strategy. The portfolio is well-diversified, with 204 holdings, 53% in bank loans, 32% in CLOs, and 78% rated below investment grade. Compared to peers, FLRT delivers the highest yield and total return since 2016, but also comes with higher volatility, deeper drawdowns, and higher fees.
Neutral
Seeking Alpha
4 months ago
FLRT: Still A Robust Hold, 7% Yield
Pacer Pacific Asset Floating Rate High Income ETF strategically blends leveraged loans and CLO tranches, with a notable and commendable large cash position, reflecting prudent management in a tight credit spread environment. The ETF exhibits exceptionally low historical volatility and shallow drawdowns, attributed to the floating-rate nature of its holdings and its focus on higher-quality below-investment-grade debt. FLRT offers a respectable yield with "honest" distributions, meaning the yield is generated by the underlying assets, avoiding return of capital.
Positive
Seeking Alpha
9 months ago
FLRT: For Higher Rates And Tight Credit Spreads
Elevated rates are great for floating rate funds. FLRT focuses on non-investment grade holdings which have done well in this cycle. So long as we have elevated rates and a strong economy, this fund makes sense to consider allocating to.
Negative
Seeking Alpha
1 year ago
FLRT: No Longer An Attractive Entry Point (Rating Downgrade)
Pacer Pacific Asset Floating Rate High Income ETF has delivered outstanding results since our initial coverage of the name. FLRT is a low-duration instrument with a collateral pool consisting of leveraged loans and CLOs. The fund contains embedded leverage in the form of BB-rated CLO tranches, making it riskier compared to simple leveraged loan funds.
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