Key stats
About Pacer Global Cash Cows Dividend ETF
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Inception date
Feb 23, 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.
GCOW looks for sustainable high dividend yield from developed market large-cap stocks. To do this, the fund first screens out stocks with negative free cash flow or earnings and excludes REITS altogether. It ranks the remaining stocks by free cash flow yield (FCF/EV), culling the top 300 names. This screen posits that firms with higher cash flow from operations after CapEx relative to their size (enterprise value) should be in a better position to service their debt. It re-ranks this shorter list by dividend yield, selecting the top 100 names and weighting them by aggregate cash dividends. The index is reconstituted and rebalanced semi-annually. Note: On December 13, 2017, PGHD changed its name, ticker, and underlying index from Pacer Global High Dividend ETF (PGHD) that tracked Pacer Global Cash Cows Dividends 100 Index to Pacer Global Cash Cows Dividends ETF (GCOW) that tracks the Pacer Global Cash Cows Dividend Index. There is no change in investment strategy and economic exposure.
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
Consumer Non-Durables
Stocks99.24%
Energy Minerals17.93%
Health Technology17.25%
Consumer Non-Durables14.37%
Communications9.82%
Consumer Durables7.00%
Transportation6.46%
Non-Energy Minerals5.76%
Utilities5.30%
Retail Trade4.23%
Industrial Services4.16%
Producer Manufacturing3.56%
Distribution Services1.07%
Process Industries0.83%
Commercial Services0.49%
Technology Services0.35%
Electronic Technology0.31%
Consumer Services0.18%
Health Services0.16%
Bonds, Cash & Other0.76%
Cash0.76%
Stock breakdown by region
Europe48.94%
North America28.26%
Asia18.39%
Oceania4.40%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GCOW invests in stocks. The fund's major sectors are Energy Minerals, with 17.93% stocks, and Health Technology, with 17.25% of the basket. The assets are mostly located in the Europe region.
GCOW top holdings are ENGIE S.A. and Philip Morris International Inc., occupying 2.57% and 2.57% of the portfolio correspondingly.
GCOW last dividends amounted to 0.32 USD. The quarter before, the issuer paid 0.06 USD in dividends, which shows a 80.07% increase.
GCOW assets under management is 2.34 B USD. It's risen 6.75% over the last month.
GCOW fund flows account for 180.80 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GCOW pays dividends to its holders with the dividend yield of 2.75%. The last dividend (Jun 11, 2025) amounted to 0.32 USD. The dividends are paid quarterly.
GCOW shares are issued by Pacer Advisors, Inc. under the brand Pacer. The ETF was launched on Feb 23, 2016, and its management style is Passive.
GCOW expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
GCOW follows the Pacer Global Cash Cows High Dividend 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GCOW invests in stocks.
GCOW price has risen by 3.73% over the last month, and its yearly performance shows a 11.30% increase. See more dynamics on GCOW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.26% over the last month, showed a 4.43% increase in three-month performance and has increased by 16.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.26% over the last month, showed a 4.43% increase in three-month performance and has increased by 16.78% in a year.
GCOW trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.