(FLRT) Pacer Pacific Asset - Ratings and Ratios

The Pacer Pacific Asset Floating Rate High Income ETF (NYSE ARCA: FLRT) is designed to generate income through a concentrated portfolio of adjustable rate securities, primarily focusing on senior secured floating rate loans. Under normal market conditions, the fund allocates at least 80% of its net assets to these securities, which are typically rated below investment grade or, if unrated, deemed equivalent in quality by the Sub-Adviser. This strategy emphasizes exposure to high-yield debt instruments, often referred to as junk bonds, which offer higher income potential in exchange for higher credit risk. The funds structure allows it to capitalize on the senior secured position of its loan holdings, which historically have demonstrated lower volatility compared to unsecured high-yield bonds. Additional information can be found at: http://www.advisorshares.com.

As of the latest data, FLRT trades on the NYSE ARCA under the ticker symbol FLRT, classified as a Bank Loan ETF. With an average daily trading volume of 105,993 shares over the past 20 days, the fund currently holds assets under management (AUM) of $502.56 million. Its last price was $47.46, with key moving averages at SMA 20: $47.38, SMA 50: $47.21, and SMA 200: $46.13. The Average True Range (ATR) of 0.06 indicates relatively low price volatility, suggesting stable trading conditions.

Looking ahead, the technical outlook for FLRT suggests a period of consolidation. With the SMA 20 and SMA 50 narrowing to $47.38 and $47.21, respectively, the fund may face resistance at current levels. The low ATR of 0.06 further supports this view, indicating limited near-term price movement. From a fundamental perspective, the $502.56 million AUM reflects moderate scale, which may provide liquidity benefits but could also limit upside potential in a rising rate environment. Over the next three months, FLRT is expected to maintain its yield-focused strategy, with returns likely driven by income generation rather than capital appreciation.