● LAUNCHED Inception September 9, 2026; first traded September 11 — the 29th fund on our autocallable census, and Pacer’s first. First distribution $0.1432, ex-dividend September 30, 2026. Every payment charted from that first one.
Status comes from our daily sweep of new US listings plus SEC records. A green LAUNCHED badge means it's live and our launch tracker has logged it.
Want the next income ETF the morning it lists?
ACBE is already trading and its payments are charted here. We watch every issuer's own site every 15 minutes — one email per new launch, nothing else, unsubscribe in one click.
What ACBE Does, Per the Issuer
ACBE is Pacer's entry into the autocallable category, designed with index shop Metaurus — listed with a September 9, 2026 inception at $25.00, 0.60% total expenses. The reference index is the Metaurus US Large Cap VolPath Index: volatility-adjusted exposure to E-Mini S&P 500 futures targeting 40% realized volatility, with a disclosed 4% annualized decrement. Volatility-targeted indexes are the category's favorite fuel because steadier volatility supports steadier coupon terms — the same idea behind several funds on our census, each at its own settings.
The Machine Both Funds Share
Per Pacer's own fund pages, both funds hold laddered five-year autocallable positions, generally issued weekly, each with monthly observation dates and a coupon barrier at 50% of its starting level — coupons keep accruing as long as the reference index hasn't fallen through that floor. Two design choices stand out against the rest of the category. First, a coupon memory feature: skipped coupons are, in Pacer's words, not necessarily forfeited but accumulated and stored, and may be paid later if the index recovers above the barrier. Second, a six-month non-call period — new positions can't be called away in their first half year, which slows the reinvestment churn that rising markets force on autocallable ladders.
The cost of the design is the category's usual bargain: upside participation is capped even in strong markets, and if the reference index falls through the barrier, full downside risk applies and coupons can be skipped. Our crash simulator makes that cliff visible, and our plain-English guide covers the machinery.
What Nobody Can Know Yet
Both funds have now paid once, on the same day: ACBE $0.143200 and ACBH $0.210200, each ex-dividend September 30, 2026 and each classified entirely as ordinary income. One check settles the cadence question and nothing else. Pacer's own 30-day SEC yield for ACBE reads 1.30%, which is a long way from what a single monthly check annualises to, and that gap is the number to watch rather than the check itself. The coupon memory feature is also untested in practice: it matters exactly when markets fall through the barrier and recover, and no such episode exists yet in either fund's life. We chart every payment of every fund we track from its very first one; these two join that library the day they declare.
One email the day a new income fund launches — nothing else, ever. We watch the issuers' own sites continuously; you hear before the videos exist.
Frequently Asked Questions
When did ACBE launch?
Inception September 9, 2026; first traded September 11 on Nasdaq. Our net sweep flagged it the same day and this page went up hours later. The launch tracker shows everything else on the runway.
What does ACBE pay?
It has paid once: $0.143200 per share, ex-dividend September 30 and payable October 1, 2026. Pacer's table lists all of it as ordinary income with nothing under return of capital, which is the accounting source rather than a settled tax characterization — those are trued up after the fund's year end. That is one month, not a yield, so this page will not annualize it. Pacer's own 30-day SEC yield for the fund reads 1.30%, and the distance between those two figures is the thing worth following as more checks land.
What is the coupon memory feature?
Most autocallables forfeit a coupon skipped below the barrier. Pacer's design stores skipped coupons instead — they may be paid later if the index recovers above the barrier, per the issuer. Recovery-friendly on paper, untested in this fund until a real drawdown happens.