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Dividend Vision

PALC ETF — Pacer Lunt Large Cap Multi-Factor Alternator ETF

Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC)

Updated October 16, 2026.

Verdict as of October 16, 2026

PALC's distribution is rated generally safe by the Dividend Vision Distribution Safety Score™ (72/100, high confidence). It pays quarterly and its distribution rate is 1.64%. The latest total cash payment per current share, $0.217 with an ex-date of September 3, 2026, was 161.4% higher than the previous $0.083. These payments are unclassified; this does not establish a base-dividend change.

Sources: Pacer, Section 19a-1 notices, scoring methodology.

PALC is an ETF. its distribution rate is 1.64%, its trailing-12-month yield is 1.32%, its expense ratio is 0.60%. Dividend Vision Distribution Safety Score™ is 72/100 (Generally safe). Total return is 128.7% over the past 6.3 years, 41.6 points behind SPY at 170.3%.

Pacer Lunt Large Cap Multi-Factor Alternator ETF is an ETF that tracks a rules-based index providing exposure to large-capitalization U.S. companies, holding at least 80% of its assets in large-cap securities. The fund has a modest current distribution rate, distributes quarterly, and carries an expense ratio of 0.60%. It appeals to equity investors seeking large-cap U.S. exposure with a modest income component.

PALC dividend yield and income

Price as of 2026-10-16.

The distribution rate (1.64%) uses calculation basis unavailable. Trailing-12-month yield (1.32%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.217. The ex-dividend date is 09/03/2026. The payment date is 09/08/2026.

Recorded distribution timeline (25)
Ex-dateAmountChange from previous payment
2026-09-03$0.217161.4%
Unclassified cash
2026-06-04$0.083-17.8%
Unclassified cash
2026-03-05$0.101N/A
2025-12-30$0.295123.5%
Unclassified cash
2025-09-04$0.13267.1%
Unclassified cash
2025-06-05$0.07929.5%
Unclassified cash
2025-03-06$0.061-65.5%
Unclassified cash
2024-12-27$0.17777.0%
Unclassified cash
2024-09-26$0.1-3.8%
Unclassified cash
2024-06-27$0.10436.8%
Unclassified cash
2024-03-21$0.076-47.6%
Unclassified cash
2023-12-27$0.145314.3%
Unclassified cash
2023-09-21$0.035-35.2%
Unclassified cash
2023-06-22$0.054-23.9%
Unclassified cash
2023-03-23$0.071-47.8%
Unclassified cash
2022-12-22$0.136-37.3%
Unclassified cash
2022-09-22$0.21768.2%
Unclassified cash
2022-06-23$0.12914.2%
Unclassified cash
2022-03-24$0.113113.2%
Unclassified cash
2021-12-23$0.053-24.3%
Unclassified cash
2021-09-23$0.07-22.2%
Unclassified cash
2021-06-21$0.0960.7%
Unclassified cash
2021-03-22$0.056-68.2%
Unclassified cash
2020-12-21$0.176341.4%
Unclassified cash
2020-09-21$0.03987—
2020 total (partial launch year)$0.21587—
2021 total$0.269—
2022 total$0.595121.2%
2023 total$0.305-48.7%
2024 total$0.45749.8%
2025 total$0.56724.1%
2026 YTD total$0.40147.4% vs prior-year YTD

PALC dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +26.8%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -52.83%.

TTM income vs TTM N years earlier
WindowChange
1Y+26.8%
3Y135.1%
5Y77.6%

PALC holdings and sector exposure

Holdings are not available for this snapshot.

PALC performance versus SPY

Price and return data through 2026-10-16.

Total return is 128.7% over the past 6.3 years, 41.6 points behind SPY at 170.3%. Over the past year its total return — price change plus distributions reinvested — is 5.4%. Its deepest 1-year drawdown was 11.3%.

WindowTotal returnCAGR
1M-5.4%—
3M-5.4%—
6M-0.8%—
YTD1.8%—
1Y5.4%—
2Y CAGR—3.30%
3Y CAGR—13.20%
5Y CAGR—6.70%
Since inception (6.3 years)128.7%14.00%

PALC key facts

Distribution Safety Score™
72 · Generally safe
Safety-Adjusted Yield
1.18%
Issuer
Pacer
Asset type
ETF
Asset class
Equity
Inception date
06/24/2020
Expense ratio
0.60%
Distribution rate
1.64%
Distribution frequency
Quarterly
Trailing yield
1.32%
Last close
$52.83 (as of 2026-10-16)
AUM
$196,831,225
Average volume
7173.0
Dividend
$0.217
Ex-dividend date
09/03/2026
Payment date
09/08/2026
Beta
0.97

How Dividend Vision calculates yield and returns

Distribution rate (1.64%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.32%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

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.

PALC risks and drawbacks

PALC'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 11.3%.

Who may consider PALC — and who may not

It is a weaker fit for investors who need monthly cash flow (PALC 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.

More on PALC

Tagged: Large Cap.

Frequently asked questions

Does PALC pay monthly?

No. PALC currently pays quarterly, not monthly.

What is PALC's expense ratio?

PALC's expense ratio is 0.60%.

What is PALC's dividend yield?

PALC's distribution rate is 1.64%, paid quarterly, with a 0.60% expense ratio — calculation basis unavailable.

How has PALC's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +26.8%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does PALC pay a dividend?

PALC pays quarterly. The dividend amount is $0.217. The ex-dividend date is 09/03/2026. The payment date is 09/08/2026.

How has PALC performed?

Total return is 128.7% over the past 6.3 years, 41.6 points behind SPY at 170.3%. Over the past year its total return — price change plus distributions reinvested — is 5.4%. Its deepest 1-year drawdown was 11.3%.

Is PALC a good investment?

PALC's Dividend Vision Distribution Safety Score is 72 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 1.64% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.