Pacer Metaurus High Income Autocallable ETF (ACBH)

The Pacer Metaurus High Income Autocallable ETF is an income-oriented fund from Pacer ETFs developed with Metaurus Advisors. It seeks high current income by gaining exposure to a portfolio of autocallable structures linked to an equity index.

An autocallable pays a periodic coupon as long as its reference index stays above a protection barrier, and it is automatically called, returning principal, if the index is at or above a set level on a scheduled observation date. If the index finishes below the barrier at maturity, the holder bears losses tied to the index decline. Holding a laddered collection of these exposures with different issue dates spreads out the timing of calls and coupons.

The ETF trades on the Nasdaq under the ticker ACBH.