(FLRT) Pacer Pacific Asset - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US00768Y5942 • Bank Loan
FLRT: Floating Rate Loans, High Yield Bonds, Adjustable Rate Securities
The Pacer Pacific Asset Floating Rate High Income ETF, listed on the NYSE ARCA under the ticker FLRT, is designed to generate high income by investing in a curated portfolio of income-producing adjustable rate securities. To achieve its objective, the fund typically allocates at least 80% of its net assets to senior secured floating rate loans and other adjustable rate securities, which are chosen for their potential to provide regular income streams. This strategic focus allows the fund to capitalize on the attractive yields offered by these securities, while also seeking to manage risk through a careful selection process.
The fund's investment universe primarily consists of loans and adjustable rate securities that are rated below investment grade, often referred to as high-yield securities or non-investment grade securities. In some cases, the fund may also invest in unrated securities that are deemed to be of comparable quality to rated securities, as determined by the Sub-Adviser. By targeting these types of securities, the fund aims to provide investors with exposure to a segment of the market that can offer higher yields than traditional investment-grade debt securities. The fund's investment approach is centered on a disciplined evaluation of credit risk, liquidity, and other key factors to identify opportunities that can help achieve its high-income objectives.
As a US-domiciled exchange-traded fund (ETF), the Pacer Pacific Asset Floating Rate High Income ETF is listed on the NYSE ARCA and is subject to the regulatory framework governing ETFs in the United States. With an ISIN of US00768Y5942, the fund is categorized as a bank loan ETF, which reflects its primary focus on investing in senior secured floating rate loans and other adjustable rate securities. For more information about the fund, including its investment strategy and performance, investors can visit the website of the fund's sponsor, AdvisorShares, at http://www.advisorshares.com.
Additional Sources for FLRT ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FLRT ETF Overview
Market Cap in USD | 499m |
Category | Bank Loan |
TER | 0.61% |
IPO / Inception | 2015-02-18 |
FLRT ETF Ratings
Growth 5y | 72.5% |
Fundamental | - |
Dividend | 86.5% |
Rel. Strength Industry | 10.1 |
Analysts | - |
Fair Price Momentum | 50.00 USD |
Fair Price DCF | - |
FLRT Dividends
Dividend Yield 12m | 7.79% |
Yield on Cost 5y | 10.12% |
Annual Growth 5y | 17.08% |
Payout Consistency | 95.0% |
FLRT Growth Ratios
Growth Correlation 3m | 99.3% |
Growth Correlation 12m | 99.9% |
Growth Correlation 5y | 88.2% |
CAGR 5y | 5.67% |
CAGR/Mean DD 5y | 4.12 |
Sharpe Ratio 12m | 3.13 |
Alpha | 3.94 |
Beta | 0.03 |
Volatility | 1.44% |
Current Volume | 80.9k |
Average Volume 20d | 95.4k |
As of February 19, 2025, the stock is trading at USD 47.73 with a total of 80,900 shares traded.
Over the past week, the price has changed by +0.08%, over one month by +0.30%, over three months by +1.82% and over the past year by +8.79%.
Yes. Based on ValueRay Analyses, Pacer Pacific Asset (NYSE ARCA:FLRT) is currently (February 2025) a good stock to buy. It has a ValueRay Growth Rating of 72.46 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FLRT as of February 2025 is 50.00. This means that FLRT is currently overvalued and has a potential downside of 4.76%.
Pacer Pacific Asset has no consensus analysts rating.
According to ValueRays Forecast Model, FLRT Pacer Pacific Asset will be worth about 54.1 in February 2026. The stock is currently trading at 47.73. This means that the stock has a potential upside of +13.32%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 54.1 | 13.3% |