MILK
Pacer US Cash Cows Bond ETF·CBOE
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Key Stats
Assets Under Management
11.87MUSD
Fund Flows (1Y)
4.97MUSD
Dividend Yield
6.83%
Discount/Premium to NAV
0.12%
Shares Outstanding
440.00K
Expense Ratio
0.49%
About Pacer US Cash Cows Bond ETF
Issuer
Pacer Advisors, Inc.
Brand
Pacer
Inception Date
Dec 17, 2024
Structure
Open-Ended Fund
Index Tracked
Solactive Pacer US Cash Cows Bond Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Pacer Advisors, Inc.
Distributor
Pacer Financial, Inc.
MILK is passively managed to mirror the total return performance, before fees and expenses, of the Solactive Pacer US Cash Cows Bond Index. This index is crafted using a proprietary methodology which tracks corporate bonds from companies linked to Pacer US Cash Cows 100 and Pacer US Large Cap Cash Cows Growth Leaders Indices. These indices focus on firms with high free cash flow yield and margins, termed cash cows. The index includes USD-denominated bonds meeting criteria like maturity over one year and high credit ratings. It excludes bonds rated below single B. An optimization process selects bonds to maximize yield while maintaining duration and sector parity with traditional bond indices. Equal weighting limits issuers to 4% and individual bonds to 1%. The index reconstitutes annually and rebalances monthly. MILK is non-diversified, which means it may concentrate investments if the index does so, holding securities from fewer issuers than diversified funds.
Classification
Asset Class
Fixed Income
Category
Corporate, Broad-based
Focus
Investment Grade
Niche
Broad Maturities
Strategy
Multi-factor
Geography
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Weighting Scheme
Equal
Selection Criteria
Multi-factor
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.37% | -1.05% | +0.98% | -0.08% | -0.28% | -0.28% |
NAV Total Return | +0.82% | +1.68% | +1.15% | +6.87% | -0.01% | -0.01% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
Cash & Other
1.37%
Chord Energy Corp 6.75% 03/15/2033
1.05%
Coterra Energy Inc 5.6% 03/15/2034
1.05%
Aptiv Swiss Holdings Ltd 5.15% 09/13/2034
1.05%
Organon & Co / Organon Foreign Debt Co-Issuer BV 5.125% 04/30/2031
1.04%
Ford Motor Credit Co LLC 6.125% 03/08/2034
1.04%
Tapestry Inc 5.5% 03/11/2035
1.04%
HF Sinclair Corp 5.5% 09/01/2032
1.03%
Arrow Electronics Inc 2.95% 02/15/2032
1.03%
DENTSPLY SIRONA Inc 3.25% 06/01/2030
1.03%
Top 10 Weight 10.73%
104 Total Holdings
Is SPY better than MILK?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-01-22 | 2026-01-22 | 2026-01-26 | 0.107 |
| 2025-12-23 | 2025-12-23 | 2025-12-26 | 0.532 |
| 2025-11-25 | 2025-11-25 | 2025-11-28 | 0.112 |
| 2025-10-23 | 2025-10-23 | 2025-10-27 | 0.078 |
| 2025-09-25 | 2025-09-25 | 2025-09-29 | 0.114 |
| 2025-08-27 | 2025-08-27 | 2025-08-29 | 0.114 |
| 2025-07-24 | 2025-07-24 | 2025-07-28 | 0.114 |
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How Much Does MILK Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy MILK?
Fund Flows
