0001145549-24-047164.txt : 20240802 0001145549-24-047164.hdr.sgml : 20240802 20240802151030 ACCESSION NUMBER: 0001145549-24-047164 CONFORMED SUBMISSION TYPE: NPORT-P/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240802 DATE AS OF CHANGE: 20240802 PERIOD START: 20241031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pacer Funds Trust CENTRAL INDEX KEY: 0001616668 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: NPORT-P/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-23024 FILM NUMBER: 241170453 BUSINESS ADDRESS: STREET 1: 500 CHESTERFIELD PARKWAY CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 610-644-8100 MAIL ADDRESS: STREET 1: 500 CHESTERFIELD PARKWAY CITY: MALVERN STATE: PA ZIP: 19355 0001616668 S000070381 Pacer Swan SOS Conservative (October) ETF C000223813 Pacer Swan SOS Conservative (October) ETF PSCQ NPORT-P/A 1 primary_doc.xml NPORT-P/A false 0001145549-24-019914 0001616668 XXXXXXXX S000070381 C000223813 Pacer Funds Trust 811-23024 0001616668 549300L3D3N0PW0L9M73 500 Chesterfield Parkway Malvern 19355 610-664-8100 Pacer Swan SOS Conservative (October) ETF S000070381 5493006VOQFPEG4HRJ04 2024-10-31 2024-01-31 N 9600983.900000000000 447571.300000000000 9153412.600000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 6529.220000000000 N S&P 500 Total Return Index SPTR SPY 09/30/2024 4.7 C N/A SPY 09/30/2024 4.7 C N/A 198.000000000000 NC USD 9395844.480000000000 102.6485409387 N/A DE US N 2 Chicago Board Options Exchange N/A Call Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.000000000000 4.700000000000 USD 2024-09-30 XXXX 991371.860000000000 N N N SPY 09/30/2024 495.66 C N/A SPY 09/30/2024 495.66 C N/A -198.000000000000 NC USD -418946.220000000000 -4.5769401895 N/A DE US N 2 Chicago Board Options Exchange N/A Call Written SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.000000000000 495.660000000000 USD 2024-09-30 XXXX -247639.210000000000 N N N SPY 09/30/2024 299.24 P N/A SPY 09/30/2024 299.24 P N/A -198.000000000000 NC USD -22969.980000000000 -0.2509444401 N/A DE US N 2 Chicago Board Options Exchange N/A Put Written SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.000000000000 299.240000000000 USD 2024-09-30 XXXX 41234.880000000000 N N N SPY 09/30/2024 406.11 P N/A SPY 09/30/2024 406.11 P N/A 198.000000000000 NC USD 93715.380000000000 1.0238299539 N/A DE US N 2 Chicago Board Options Exchange N/A Put Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.000000000000 406.110000000000 USD 2024-09-30 XXXX -200396.240000000000 N N N U.S. Bank Money Market Deposit Account N/A U.S. Bank Money Market Deposit Account 8AMMF0A84 104540.580000000000 NS USD 104540.580000000000 1.1420940426 Long STIV RF US N 1 N N N 2024-03-27 Pacer Funds Trust /s/ Bruce Kavanaugh Pacer Funds Trust Vice President XXXX NPORT-EX 2 pscq.htm PART F

Pacer Swan SOS Conservative October ETF
  
Schedule of Investments
  
as of January 31, 2024 (Unaudited)
  
   
OPTIONS PURCHASED - 103.7%(a)(b)
  
Notional
    
Contracts
    
Value
  
Call Options - 102.7%
          
$
–
  
SPDR S&P 500 ETF, Expiration: 09/30/2024; Exercise Price: $4.70
  
$
9,561,024
      
198
    
$
9,395,845
  
                         
Put Options - 1.0%
            
$
–
  
SPDR S&P 500 ETF, Expiration: 09/30/2024; Exercise Price: $406.11
    
9,561,024
      
198
      
93,715
  
TOTAL OPTIONS PURCHASED (Cost $8,698,584)
      
9,489,560
  
                         
TOTAL INVESTMENTS - 103.7% (Cost $8,698,584)
      
9,489,560
  
Liabilities in Excess of Other Assets - (3.7)%
      
(336,142
)
TOTAL NET ASSETS - 100.0%
                  
$
9,153,418
  
           
Percentages are stated as a percent of net assets.
          

(a)
Exchange-traded.
(b)
100 shares per contract.


Pacer Swan SOS Conservative October ETF
  
Schedule of Options Written
  
as of January 31, 2024 (Unaudited)
  
   
OPTIONS WRITTEN - (4.9)% (a)(b)
  
Notional
    
Contracts
    
Value
  
Call Options - (4.6)%
                  
SPDR S&P 500 ETF, Expiration: 09/30/2024; Exercise Price: $495.66
  
$
9,561,024
      
198
    
$
(418,946
)
                         
Put Options - (0.3)%
                        
SPDR S&P 500 ETF, Expiration: 09/30/2024; Exercise Price: $299.24
    
9,561,024
      
198
      
(22,970
)
TOTAL OPTIONS WRITTEN (Premiums received $235,512)
                  
$
(441,916
)

(a)
Exchange-traded.
(b)
100 shares per contract.


 Summary of Fair Value Disclosure at January 31, 2024 (Unaudited)

The following is a summary of significant accounting policies consistently followed by the Funds in the preparation of the financial statements.  The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The Funds are investment companies that follow the accounting and reporting guidelines of Accounting Standards Codification Topic 946 applicable to investment companies.

Securities, including master limited partnerships (“MLPs”), listed on a securities exchange, market or automated quotation system for which quotations are readily available, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded, except for securities listed on Nasdaq Global Market (“Nasdaq”). If, on a particular day, there is no such reported sale, then the most recent quoted bid price will be used. For securities traded on Nasdaq, the Nasdaq Official Closing Price (“NOCP”) will be used. If a Fund holds foreign shares of a security for which there is no reported volume, and there is an actively trading local version of the security, the last quoted sale price of the local security shall be used. Prices denominated in foreign currencies are converted to U.S. dollar equivalents at the current exchange rate.

Investments in other open-end investment companies, including money market funds, are valued at the investment company’s net asset value per share, with the exception of exchange-traded open-end investment companies, which are priced as equity securities described above.

Fixed-income securities are normally valued on the basis of quotes obtained from independent pricing services in accordance with procedures adopted by the Board of Trustees. The independent pricing services may employ methodologies that utilize market transactions (if the security is actively traded), broker-dealer supplied valuations, or matrix pricing. Short-term securities that have maturities of less than 60 days, at the time of purchase, are valued at amortized cost, which, when combined with accrued interest, approximates market value.

Options on securities that are listed on an exchange shall be valued at the sale price on such exchange (or any other exchange on which such options are listed) having the trade closest to the close of the New York Stock Exchange (“NYSE”) on the day of valuation or, if there was no sale on any of the applicable options exchanges on such day, at the mean between the highest bid and lowest ask price on any of such exchanges on such day closest to the close of the NYSE on such day. On the last trading day prior to expiration, expiring options may be priced at intrinsic value.

Foreign currency forward contracts are valued at the current day’s interpolated foreign exchange rate, as calculated using the current day’s spot ate, and the twenty, sixty, ninety, and one-hundred eighty day forward rates provided by an independent source.

Futures contracts are valued at the settlement price on the exchange on which they are principally traded.

Units of Mount Vernon Liquid Assets Portfolio are not traded on an exchange and are valued at the investment company’s NAV per share as provided by its administrator.

The Trust’s Valuation Procedures provide for the designation of the Adviser as “Valuation Designee”. If no quotation is available from either a pricing service, or one or more brokers or there is reason to question the reliability or accuracy of a quotation supplied, securities are valued at fair value as determined in good faith, by the Valuation Designee pursuant to procedures established by the Funds’ Board of Trustees (the “Board”).As described above, the Funds utilize various methods to measure the fair value of their investments on a recurring basis. GAAP establishes a hierarchy that prioritizes inputs to valuations methods. The three levels of inputs are:

Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities that the Funds have the ability to access.

Level 2 – Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, repayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 – Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Funds’ own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety, is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

The following is a summary of the inputs used to value the Funds’ investments as of January 31, 2024:

Description^
Level 1
Level 2
Level 3
Investments
Measured at Net
Asset Value
Total
 Assets
          
 Purchased Options
$            -
$   9,489,560
$            -
$                               -
$   9,489,560
 Total Investments in Securities
$            -
$   9,489,560
$            -
$                               -
$   9,489,560
 
          
 Liabilities
          
 Options Written
$            -
$   (441,816)
$            -
$                               -
$   (441,816)
 Total Investments in Securities
$            -
$   (441,816)
$            -
$                               -
$   (441,816)

^ See the Schedule of Investments for further disaggregation of investment categories.