Pacer Trendpilot US Large Cap ETF (PTLC)

Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund in the Large Blend category. It has $3.29B in assets, an expense ratio of 0.60% and a 1.01% dividend yield. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index. The index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the S&P 500® Index, (ii) 50% to the S&P 500 and 50% to 3-Month U.S. Treasury bills, or (iii) 100% to 3-Month U.S. Treasury bills, depending on the relative performance of the S&P 500 and its 200-business day histor…