Key stats
About PACER FDS TR
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
What's in the fund
Exposure type
Energy Minerals
Health Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
COWZ trades at 54.35 USD today, its price has fallen −4.03% in the past 24 hours. Track more dynamics on COWZ price chart.
COWZ net asset value is 53.62 today — it's risen 7.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
COWZ assets under management is 21.63 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
COWZ price has fallen by −4.03% over the last month, and its yearly performance shows a −4.03% decrease. See more dynamics on COWZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −6.53% decrease in three-month performance and has decreased by −1.27% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −6.53% decrease in three-month performance and has decreased by −1.27% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
COWZ invests in stocks. See more details in our Analysis section.
COWZ expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, COWZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, COWZ pays dividends to its holders with the dividend yield of 1.89%.
COWZ trades at a premium (0.60%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
COWZ shares are issued by Pacer Advisors, Inc.
COWZ follows the Pacer US Cash Cows 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 16, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.