PAMC: PACER LUNT MIDCAP MULTI-FACTOR ALTERNATOR ETF
What this ETF is trying to do
The PACER LUNT MIDCAP MULTI-FACTOR ALTERNATOR ETF (ticker: PAMC) is an exchange-traded fund that focuses on midcap companies. An ETF is a type of investment that holds many different stocks in one package. This specific fund uses a "multi-factor" approach to pick its investments.
What the numbers show
The current price of one share of PAMC is $52.10. Based on an estimated price from roughly one year ago of $46.62, the share price has increased.
It is important to understand the difference between "price return" and "total return":
• Price return only looks at how much the share price changed. For example, the one-year price return was approximately 11.75%.
• Total return includes both the change in share price and any cash distributions paid out to investors. The one-year total return was approximately 13.23%.
Looking at longer periods, the three-year price return was about 52.59%, while the three-year total return was about 57.10%. Over five years, the total return was approximately 54.79%.
Income and distribution explanation
Some investors look for "distributions," which are cash payments made to shareholders. PAMC has a distribution yield of approximately 1.25%. This means the amount of cash paid out is about 1.25% of the ETF's price. Over the last year, the trailing distributions were $0.65 per share. These payments usually happen quarterly (four times a year).
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in an ETF drops significantly over time. When looking at PAMC, the erosion-risk score is 100, and the label says "No price erosion detected." The erosion severity is listed as "good," and there is no severe erosion-risk flag. This means the data does not show signs of the fund's value being worn away by falling prices.
Pros
• Positive Returns: The ETF has shown positive price returns and total returns over one, three, and five-year periods.
• Low Erosion Risk: There are no signs of significant price deterioration or NAV erosion based on the current scores.
Cons
• Partial Information: The list of companies held by this ETF is only a partial list of its top holdings.
• Lower Yield: The distribution yield of 1.25% may be considered low for investors who are looking specifically for high levels of cash income.
Top Holdings
As of October 8, 2026, some of the largest companies in this ETF include:
• TXNM Energy Inc (2.64%)
• Reinsurance Group of America Inc (2.28%)
• Annaly Capital Management Inc (2.08%)
• Renaissance Holdings Ltd (1.90%)
• Tenet Healthcare Corp (1.90%)
*Note: Holdings can change over time.*
Beginner takeaway
PAMC is an ETF that has grown in both share price and total value over several years. It provides small cash distributions to investors and currently shows no signs of the price erosion risks that some other funds might face.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TXNM ENERGY INC | TXNM | 2.64% |
| 2 | REINSURANCE GROUP OF AMERICA INC | RGA | 2.28% |
| 3 | ANNALY CAPITAL MANAGEMENT INC | NLY | 2.08% |
| 4 | RENAISSANCERE HOLDINGS LTD | RNR | 1.90% |
| 5 | TENET HEALTHCARE CORP | THC | 1.90% |
| 6 | TD SYNNEX CORP | SNX | 1.68% |
| 7 | HF SINCLAIR CORP | DINO | 1.67% |
| 8 | UNUM GROUP | UNM | 1.52% |
| 9 | JONES LANG LASALLE INC | JLL | 1.37% |
| 10 | SOUTHSTATE BANK CORP | SSB | 1.34% |