Pacer Swan SOS Moderate (April) ETF
PSMR
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Pacer Swan SOS Moderate (April) ETF (PSMR) is an actively managed exchange-traded fund that seeks to provide investors with specific buffered losses and capped gains based on the performance of the SPDR S&P 500 ETF Trust (SPY) over a defined one-year outcome period; it invests substantially all of its assets in Flexible EXchange Options (FLEX Options), which are customizable exchange-traded option contracts guaranteed by the Options Clearing Corporation and referenced to SPY's market price. The fund targets a moderate downside buffer of the first 15% of SPY losses (from 0% to -15%) during each investment period, such as the current period from April 1, 2025, to March 31, 2026, while capping upside participation at 12.47% before fees and expenses (net cap approximately 11.87% after the 0.60% expense ratio); investors holding shares for the full period receive this predefined outcome, though losses beyond the buffer apply fully, and mid-period entry or exit alters results. Launched on March 31, 2021, PSMR operates within the defined outcome ETF segment targeting investors seeking equity exposure with risk mitigation, and is part of Pacer ETFs' broader Swan SOS series including conservative (PSCW), moderate, and flex variants across multiple series timing. Pacer Advisors, Inc., headquartered in Malvern, Pennsylvania, serves as investment adviser, with Swan Global Management, LLC in Durango, Colorado, acting as sub-adviser leveraging its expertise in hedged equity and options overlay strategies. In recent developments, Pacer ETFs reset caps and buffers for the April series on April 1, 2025, introducing a 12.47% cap and 15% buffer for PSMR's ongoing period amid market volatility; the firm reduced the management fee across the Swan SOS ETF series from 0.79% to 0.60% effective March 1, 2024, enhancing cost efficiency. Pacer ETFs also reported strong 2024 asset growth exceeding $42.5 billion across its 41 funds by March 2025, reflecting expansion in structured outcome products without recent acquisitions or partnerships specific to PSMR. The fund trades on U.S. exchanges with assets under management around $93 million, available to retail and institutional investors focused on large-cap U.S. equities.