Pacer Pacific Asset Floating Rate High Income ETF (FLRT) To Go Ex-Dividend on January 22nd

Pacer Pacific Asset Floating Rate High Income ETF (NYSEARCA:FLRT) declared a monthly dividend on Wednesday, January 21st. Investors of record on Thursday, January 22nd will be paid a dividend of 0.1611 per share on Monday, January 26th. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date is Thursday, January 22nd.

Pacer Pacific Asset Floating Rate High Income ETF Price Performance

Shares of NYSEARCA:FLRT opened at $47.28 on Friday. The stock has a market capitalization of $611.33 million, a PE ratio of 10.84 and a beta of 0.13. The company’s 50-day moving average price is $47.29 and its two-hundred day moving average price is $47.38. Pacer Pacific Asset Floating Rate High Income ETF has a one year low of $45.06 and a one year high of $47.75.

About Pacer Pacific Asset Floating Rate High Income ETF

The Pacer Pacific Asset Floating Rate High Income ETF (FLRT) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund targeting floating-rate debt from non-investment-grade issuers. FLRT was launched on Feb 19, 2015 and is managed by Pacer.