HERD ETF — Pacer Cash Cows Fund of Funds ETF

Pacer Cash Cows Fund of Funds ETF (HERD)

HERD is an ETF. As of August 19, 2026, its distribution rate is 0.72%, its trailing-12-month yield is 2.63%, its expense ratio is 0.74%. Dividend Vision Distribution Safety Score™ is 47/100 (Caution). Fund total return is 150.3% over the past 7.3 years, 46.4 points behind SPY at 196.7%.

At the current 0.72% distribution rate, a $10,000 investment would generate approximately $72 per year, or $6.00 per month on an equivalent basis. Actual quarterly payments vary.

Pacer Cash Cows Fund of Funds ETF is an ETF that holds a portfolio of underlying Cash Cows ETFs selected through a proprietary methodology, maintaining at least 80% of assets in the component securities or underlying holdings of these Cash Cows ETFs in approximate index weights. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 0.74%. It appeals to income-focused equity investors seeking exposure to companies with strong cash generation characteristics through a diversified, multi-ETF structure.

HERD performance versus SPY

Data as of August 19, 2026.

Fund total return is 150.3% over the past 7.3 years, 46.4 points behind SPY at 196.7%. Its deepest 1-year drawdown was 5.7%.

HERD key facts

Data as of August 19, 2026.

Distribution Safety Score™

47 · Caution

Safety-Adjusted Yield

0.34%

Issuer

Pacer

Asset type

ETF

Asset class

Equity

Inception date

05/03/2019

Expense ratio

0.74%

Distribution rate

0.72%

Distribution frequency

Quarterly

Trailing yield

2.63%

Last close

$51.71

AUM

$103,768,826

Average volume

2154.0

Last dividend

$1.1750

Ex-dividend date

12/31/2025

Payment date

01/06/2026

Beta

0.67

P/E ratio

16.3659

How Dividend Vision calculates yield and returns

Distribution rate (0.72%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.63%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Pacer; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

HERD risks and drawbacks

HERD's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.7%.

Who may consider HERD — and who may not

It is a weaker fit for investors who need monthly cash flow (HERD pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Pacer.