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MILK ETF · Pacer US Cash Cows Bond ETF
The MILK Exchange Traded Fund (ETF) is provided by PACER ETFs. It is built to track an index: Solactive Pacer US Cash Cows Bond Index. The MILK ETF provides physical exposure, so by buying it you actually own parts of all the 100 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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This fund is part ofUS Corporate IG Bonds1M perf.-0.87%
Last price
$24.30
1M perf.
-1.41%
1M flows
N/A
AuM
€13M
E/R
0.49%
Rating
Not rated
ESG Consensus®
MILK
$24.30
Performance & flows
Segment for quartile rank
January 2, 2026 → April 2, 2026
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MILK
$24.25
+0.11%
US Corporate IG Bonds
+0.11%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -1.41%  | +0.11%  | +5.77%  | N/A | N/A | +0.69% | +0.69% | +0.03% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
69374H279
ISIN
US69374H2792
AuM
€13M
E/R
0.49%
Replication rating
Not rated
ESG Consensus®
More details
NAV
4/2/2026
$24.25
1D NAV change
+0.39%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
100
Inception date
12/17/2024
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Solactive Pacer US Cash Cows Bond Index
Asset class
Factors
N/A
Investment strategy
The Pacer US Cash Cows Bond ETF (the “Fund”) employs a “passive management” (or indexing) investment approach designed to track the total return performance, before fees and expenses, of the Solactive Pacer US Cash Cows Bond Index (the “Index”).
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.11% | +5.77% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
92.38%
Switzerland
4.05%
Unavailable
3.57%
Sectors
Oil and gas extraction and refining
17.17%
Food and beverage production
11.41%
Pharmaceutical preparation and biotechnology
10.13%
It services and computer programming
5.48%
Motor vehicle production
5.03%
Medical services
4.90%
Tobacco
3.99%
Manufacture of miscellaneous consumer goods
3.95%
Unavailable
14.21%
Other
23.73%
Diversification
Total weight of top 15 holdings out of 100
Top 15 holdings
Data as of February 28, 2026
Organon & Co., 5.125% 30apr2031, USD
Ford Motor Credit Company, 6.125% 8mar2034, USD
Occidental Petroleum, 6.2% 15mar2040, USD
Occidental Petroleum, 6.6% 15mar2046, USD
Chord Energy, 6.75% 15mar2033, USD
Royalty Pharma, 3.3% 2sep2040, USD
Altria Group, 3.4% 4feb2041, USD
Viatris, 3.85% 22jun2040, USD
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Biogen, 5.2% 15sep2045, USD
Dentsply Sirona, 3.25% 1jun2030, USD
Organon & Co., 7.875% 15may2034, USD
Coterra Energy, 5.6% 15mar2034, USD (L)
Aptiv, 5.15% 13sep2034, USD
Diamondback Energy, 6.25% 15mar2053, USD
Aptiv, 4.15% 1may2052, USD
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
Replication information
Index
Solactive Pacer US Cash Cows Bond GTR Index - USD
Index ticker
MILKTR Index
Index dividend policy
GTR
Replication method
Replication model
More replication analysis are available, exclusively in Trackinsight Enterprise
Issuer
PACER ETFs
PACER ETFs ID Card
Number of funds
64
Total AuM
€33.59B
Expense ratio range
0.49% - 0.88%
Average expense ratio
0.6033%
Top 5 funds by PACER ETFs
| AuM | ||
|---|---|---|
COWZ | Pacer US Cash Cows 100 ETF | €15.74B |
GCOW | Pacer Global Cash Cows Dividend ETF | €2.83B |
CALF | Pacer US Small Cap Cash Cows 100 ETF | €2.82B |
PTLC | Pacer Trendpilot US Large Cap ETF | €2.64B |
COWG | Pacer US Large Cap Cash Cows Growth Leaders ETF | €1.81B |
Frequently asked questions about MILK
What does Pacer US Cash Cows Bond ETF, MILK, invest in?
MILK is a Passive ETF. This ETF provides exposure to US Investment Grade Corporate Bonds.
Which benchmark or index does MILK replicate?
MILK tracks the Solactive Pacer US Cash Cows Bond GTR Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of MILK?
MILK carries a total expense ratio (TER) of 0.49%, indicating the annual cost for holding the fund.
When was MILK launched?
MILK was introduced to the market on December 17, 2024. It trades on United States
Who is the ETF issuer of MILK?
Pacer US Cash Cows Bond ETF, MILK, is provided by PACER ETFs. Learn more about PACER ETFs here.
What is the current assets under management (AUM) of MILK?
MILK oversees €13M in assets as of April 2, 2026.
How has MILK performed lately?
Based on data from April 2, 2026, MILK returned -1.41% over the past month, 0.11% over the last three months and 0.03% year-to-date.
What are the latest inflows or outflows for MILK?
As of April 2, 2026, MILK recorded net flows of +€7.5M year-to-date.
Does MILK distribute dividends?
MILK follows a distributing dividend policy, meaning it pays out income to investors. As of April 2, 2026, its 12-month trailing yield was 7.01%.
What are the main country or region exposures of MILK?
As of February 28, 2026, MILK has significant geographic allocations in USA and Switzerland.
In which sector or theme does MILK invest in?
As of February 28, 2026, MILK focuses largely on Oil and gas extraction and refining, Food and beverage production and Pharmaceutical preparation and biotechnology.
How many securities does MILK hold and how diversified is it?
As of February 28, 2026, MILK holds 100 positions in its portfolio, with 15.47% of assets concentrated in its top 15 holdings.
What are the main positions in MILK?
As of February 28, 2026, MILK top three holdings include Organon & Co., 5.125% 30apr2031, USD, Ford Motor Credit Company, 6.125% 8mar2034, USD and Occidental Petroleum, 6.2% 15mar2040, USD.
What is the base currency of MILK?
The base currency of MILK is USD.
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