Pacer Nasdaq International Patent Leaders ETF (PATN)

Pacer Nasdaq International Patent Leaders ETF (PATN) is an exchange-traded fund in the Foreign Large Blend category. It has $173.79M in assets, an expense ratio of 0.65% and a 1.59% dividend yield. The index is a rules-based full market capitalization-weighted index that consists of companies from the Nasdaq Global Ex United States Large Mid Cap Index with the most valuable patent portfolios. The fund will generally use a “replication” strategy to achieve its investment objective, meaning it will invest in all of the component securities of the index. The fund is non-diversified.