Pacer Metaurus US Lg Cp Dvd Mltp 400 ETF retains its Morningstar Medalist Rating of Bronze. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.  

 The strategy's sensible investment philosophy merits an Above Average Process Pillar rating. Independent of the rating, analysis of the strategy's portfolio shows it has maintained an overweight in liquidity exposure and volatility exposure compared with category peers. High liquidity exposure is attributed to stocks with a high trading volume, lending managers more flexibility. And high volatility exposure is rooted in stocks that have a higher standard deviation of returns. The team managing this passive strategy earns a Below Average People Pillar rating. The strategy's parent firm has some investor-friendly attributes, like overall low fees and a strong success ratio across its product lineup. As a result, the firm gets an Average Parent Pillar rating.

Analyst Rating

Microsoft

Apple

NVIDIA

Amazon

Alphabet

Berkshire Hathaway Inc. - Ordinary Shares - Class B

Eli Lilly

JPMorgan Chase & Co

Morningstar's evaluation of this security's process aims to determine the likelihood that it will outperform its Morningstar Category index on a risk-adjusted basis over the long term. Pacer Metaurus US Lg Cp Dvd Mltp 400 ETF earns an Above Average Process Pillar rating. The main contributor to the rating is that this fund tracks an index. Historical data, like Morningstar's Active/Passive Barometer, finds that passively managed funds have generally outperformed their active counterparts, especially over longer time horizons. The parent firm's five-year risk-adjusted success ratio of 69% also supports the rating. The measure indicates the percentage of a firm's funds that survived and outperformed their respective category's median Morningstar Risk-Adjusted Return for the period. Their respectable success ratio suggests that the firm does well for investors and that this fund may benefit from that. Lastly, the process is limited by the experience of the management team, which averages three years at this fund.

The investment strategy as stated in the fund's prospectus is:  The investment seeks to track the total return performance, before fees and expenses, of the Metaurus US Large Cap Dividend Multiplier Index - Series 400.  The index, as designed, has two components: an S&P 500 Index component and a dividend component consisting of long positions in annual futures contracts that provide exposure to ordinary dividends paid on the common stocks of companies included in the S&P 500. Under normal circumstances, and at least 80% of the fund's net assets will be invested in large cap equity securities that are principally traded in the U.S. and derivatives based on those securities. It is non-diversified. 

 The portfolio is overweight in technology by 2.9 percentage points in terms of assets compared with the category average, and its communication services allocation is similar to the category. The sectors with low exposure compared to category peers are industrials and financial services; however, the allocations are similar to the category. The strategy owns 514 securities and is diversified among those holdings. In its most recent portfolio, 39.2% of the portfolio's assets were concentrated in the top 10 fund holdings, compared to the category average's 48.8%. And in closing, in terms of portfolio turnover, on a year-over-year basis, 4% of the fund's holdings have changed, whether through increasing, decreasing, or changing a position.

Above Average

Process

Pacer’s team receives a Below Average People Pillar rating. The team benefits from its parent firm's five-year success ratio of 69%. The measure indicates the percentage of a firm's funds that survived and beat their respective category's median return for the period. However, the rating is limited by the turnover of talent across its parent firm. The firm's asset-weighted manager tenure of seven years suggests it could do more to retain portfolio managers. The number of months that the management team has been running this vehicle together also holds the rating back.

Below Average

People

Pacer's track record as a steward is mixed, leading to an Average Parent Pillar rating. One notable advantage of Pacer is its below-average fees. On average, the firm's open-end and exchange-traded fund fees fall in the second-lowest quintile of category peers. The product lineup at Pacer has exhibited exemplary durability compared with peer asset managers when looked at over the past five years. Notably, its five-year risk-adjusted success ratio stands at 69%, meaning that 69% of its products have both survived and beaten their respective category median on a risk-adjusted basis. Portfolio management turnover at Pacer is higher than at peer firms, detracting from the overall assessment of the firm's stewardship. Turnover in the portfolio-management ranks can happen for a number of reasons, including mergers and liquidations, portfolio managers moving into other roles, or portfolio managers leaving the firm. In some cases, such change may not signal a serious or immediate problem at the firm, but can still be disruptive for investors, hinder the effectiveness of a firm’s investment processes, or suggest a weaker investment culture.

Average

Parent

Pacer Metaurus US Large Cap Target Dividend 400 ETF

QDPL tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance.

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The U.S. stock market is chugging along in 2024 despite looming risks surrounding inflation, interest rates, and even AI. With many investors approaching retirement, too, the need for current income is continuing to grow.

9 Views on Adding Current Income in 2024

Pacer ETFs launched the Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF, aiming to provide 4x the dividend of the S&P 500. The fund offers a way for investors to increase dividend payouts without using leverage or capping upside. While it has outperformed the S&P 500 in terms of yield, it has lagged behind in total returns due to lower equity exposure.

QDPL: S&P 500 With 4x Dividends, How Does It Stack Up?

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF offers a unique approach to investing by providing exposure to the dividend cash flow of the S&P 500 while maintaining equity price exposure. The QDPL ETF has garnered approximately $315 million in assets since its launch in July 2021, but its expense ratio of 0.60% is higher than the average equity ETF. QDPL's historical performance has shown 85-90% of the returns of the S&P 500 and over 4x the distribution yield, making it.

QDPL: Basically The S&P 500 But More From Yield

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While the S&P 500 has recorded an incredible rally lately, topping the 5,000-mark, there are valid reasons to approach the current situation with caution.

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QDPL invests in S&P 500 holdings and dividend futures. The fund provides investors with moderate upside potential and a strong 6.3% yield. An overview of the fund follows.

QDPL: S&P 500 And Dividend Futures ETF, Not Quite What I Expected

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF is an innovative fund that uses dividend futures to boost the fund's distribution yield. QDPL aims to provide 4 times the yield of the S&P 500 Index with a modest reduction in equity exposure. The fund has historically delivered on its promise, with 85-90% of the returns of the S&P 500 Index and over 4 times the distribution yield.

QDPL: High Yielding S&P 500 Exposure

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF offers exposure to dividend futures, making it an intriguing investment opportunity. QDPL has a very high expense ratio and invests primarily in a passive portfolio that mimics the S&P 500. S&P 500 Dividend Futures contracts represent an interesting structural investment idea.

QDPL: An Innovative Product With A Flaw

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF aims to provide exposure to the S&P 500 Index with a 400% dividend multiplier. The fund holds S&P 500 Annual Dividend Index Futures for about 15% of its asset value, but it is not leveraged. QDPL is likely to outperform covered call ETFs in a strong bullish trend and outperform the S&P 500 in a bear market.

QDPL: Multiplying The S&P 500 Dividend By 4 With Little Tradeoff

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF aims to offer a dividend yield equivalent to 400% of the S&P 500's yield, using strategic futures contracts trading. The fund's approach differs from JEPI's covered calls strategy, allowing investors to benefit from dividend hikes and maintain a significant portion of the S&P 500's upside. While JEPI might perform better in a bear market or if companies cut dividends, QDPL could outperform in a prolonged bull market with substantial dividend growth.

QDPL Could Be Better Than JEPI In Some Ways

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As we consider the obstacles in today's fixed income markets, investors can look toward exchange traded fund strategies that could help augment their income portfolios. In the recent webcast, Three Ideas For Investors Who Are Looking For Income Today, Sean O'Hara, president of Pacer ETFs, warns that with yields still at the lower end of [.

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Given the challenging market environment for fixed income investors, income generation remains top of mind. As interest rates rise, advisors and investors may be better served by turning to these three yield-generating strategies to meet their income needs.

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Pacer Metaurus US Large Cap Target Dividend 300 ETF

Pacer Metaurus US Large Cap Dividend Multiplier 300 ETF has the strategy to trade 8% of the S&P 500 performance in return for giving investors 3X the yield. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has the strategy to trade 12% of the S&P 500 performance in return for giving investors 4X the yield.

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MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs (“Pacer”), an ETF provider that offers strategy-driven, rules-based ETFs, has grown assets under management to $10.2 billion, a 76% increase from Dec. 31, 2020. “We are very pleased with the growth we've achieved in our first six years,” says Sean O'Hara, president of Pacer ETF Distributors. “We have proven to be an ETF provider that investors and advisors turn to for distinguished products across the board. I am looking forward to 2022 as we look to do

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Home Depot

Mastercard

Medtronic

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NIKE

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Starbucks

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The portfolio generated $1,067 in dividends during the month, an improvement over August. YTD, I've received $12,700. I closed out my positions in REM, DIS, MLPA, and SPYD.

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XDIV gives investors exposure to the S&P 500 stocks price movements with dividends removed. TRPL replaces some S&P 500 stock exposure with triple exposure to their dividend payments.

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Income-minded investors can turn to an innovative exchange traded fund strategy that may help enhance yield generation by up to 4X the S&P 500 dividend yield with modestly lower exposure to the broader equities market. In recent webcast, Is Your Client Getting Enough Yield?

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The emphasis on portfolio cash flow is not going away anytime soon. In a stubbornly low-yield environment with accommodative monetary policies expected to remain in place, the number one challenge for advisors in 2021 is to generate income for their clients.

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On Tuesday, Pacer ETFs, an ETF provider that offers strategy-driven, rules-based ETFs, announced the launch of two U.S. large cap dividend ETFs, QDPL and TRPL, in partnership with financial innovation and asset management company Metaurus Advisors, LLC. The two new unique, dividend-focused ETFs are now available on the New York Stock Exchange.

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MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs debuts two dividend ETFs in partnership with Metaurus Advisors.

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