Pacer ETFs (“Pacer”) and Barings, one of the world’s leading alternative investment managers, today announced the launch of the Pacer Barings CLO Market Flex ETF (NASDAQ: AAAP) and the Pacer Barings Secured Credit Flex ETF (NASDAQ: PBSC), two actively managed fixed income ETFs.
The new ETFs are designed to provide investors with access to institutional-quality credit strategies through the convenience and transparency of the ETF structure. Managed by Barings’ Global High Yield and CLO platform, the funds offer differentiated approaches to income generation and capital preservation across collateralized loan obligations (CLOs) and broader secured credit markets.
The Pacer Barings CLO Market Flex ETF (AAAP) seeks current income and capital preservation through an actively managed portfolio of collateralized loan obligation (CLO) debt investments. The strategy provides access to an asset class historically used by institutional investors pursuing income, floating-rate exposure, and diversification within fixed-income portfolios. The fund invests across CLO debt rating categories while maintaining an overall investment-grade quality profile.
The Pacer Barings Secured Credit Flex ETF (PBSC) offers a high level of current income and capital preservation, while selectively targeting capital appreciation as a secondary objective. The strategy takes a broader approach to credit investing, allocating across secured credit opportunities, including senior secured loans, corporate bonds, CLOs, and other collateral-backed debt instruments. Through active management, the fund seeks attractive risk-adjusted opportunities across credit markets while emphasizing investments backed by collateral and other structural protections.
“As investors continue to look beyond traditional fixed income for diversification and income opportunities, we see growing demand for actively managed credit strategies that can adapt across market environments,” said Sean O’Hara, President of Pacer ETF Distributors. “Working with Barings allows us to bring institutional investment capabilities to advisors and investors in an accessible ETF structure.”
The launch expands Pacer’s actively managed ETF lineup and builds on the firm’s strategic relationship with Barings, combining Pacer’s ETF distribution capabilities with Barings’ deep expertise across global credit and structured finance markets.
“These ETF launches mark an important milestone for our Global High Yield and CLO platform, extending access to our institutional capabilities to a broader set of investors and supporting our continued growth in wealth channels,” said Scott Roth, Head of Global High Yield at Barings.
About Pacer ETFs
Pacer ETFs is a strategy-driven exchange-traded fund provider with 71 ETFs and over $41 billion in assets under management (as of 5/31/2026). Pacer ETFs aims to provide innovative, disruptive and unique investment solutions to help investors meet their goals. Their popular fund series include the Pacer Trendpilot® Series and Pacer Swan SOS ETF Series (buffer ETFs) for investors seeking risk mitigation, Pacer Cash Cows ETF™ Series, Pacer Leaders ETF Series, Pacer Thematic ETF Series for investors seeking growth and the Pacer Dividend Multiplier Series for investors seeking income and growth. For more information, please visit PacerETFs.com.
About Barings
Barings is a $481 billion* global alternative asset manager that partners with institutional, insurance and wealth clients and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual with a minority investment from MS&AD, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets, capital solutions and emerging markets.
*As of March 31, 2026
Disclosures
Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus. A copy may be obtained by visiting www.paceretfs.com or calling 1-877-577-2000. Please read the prospectus before investing.
An investment in the Funds is subject to investment risk, including the possible loss of principal. Pacer ETF shares may be bought and sold on an exchange through a brokerage account. Brokerage commissions and ETF expenses will reduce investment returns. There can be no assurance that an active trading market for ETF shares will be developed or maintained. The risks associated with this fund are detailed in the prospectus and could include factors such as CLO risk, currency exchange rate risk, derivatives risk, ETF risks, fixed income risk, floating rate loan risk, foreign securities risk, forward currency contracts risk, futures contracts risk, high yield securities risk, hybrid securities risk, liquidity risk, management risk, market risk, new fund risk, non-diversification risk, other investment companies risk, privately issued securities risk, zero coupon risk, and/or special risks of exchange traded funds.
Pacer Advisors, Inc. is the fund advisor. Barings LLC serves as investment sub-advisor to the fund.
© 2026, Pacer Financial, Inc., All rights reserved.
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED
Distributor: Pacer Financial, Inc., member FINRA, SIPC, an affiliate of Pacer Advisors, Inc.
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