COWZ 📈 Pacer US Cash Cows 100 - Overview

The Pacer US Cash Cows 100 ETF (BATS:COWZ) is an investment fund that typically allocates at least 80% of its total assets to the securities that make up its underlying index, excluding any collateral from securities lending. This approach allows the fund to track the performance of the index, which is designed to provide exposure to a specific segment of the US stock market.

The index uses a clear, rules-based methodology to identify and select large and mid-capitalization US companies that generate high free cash flow yields. These companies are often referred to as 'cash cows' because of their ability to produce significant amounts of cash, which can be used to invest in growth opportunities, pay dividends, or reduce debt.

By focusing on companies with high free cash flow yields, the fund aims to provide investors with a diversified portfolio of established businesses with strong financial health and potential for long-term growth. This approach can be attractive to investors seeking to balance risk and potential returns in their investment portfolios.

The Pacer US Cash Cows 100 ETF is listed on the BATS exchange under the ticker symbol COWZ, and its website provides additional information on the fund's investment strategy, performance, and other details.

The fund is domiciled in the United States, which means it is subject to US regulations and laws governing investment funds.