Pacer and Barings Launch Active CLO and Secured Credit ETFs

Pacer ETFs and Barings have introduced two actively managed fixed-income ETFs: the Pacer Barings CLO Market Flex ETF (AAAP) and the Pacer Barings Secured Credit Flex ETF (PBSC). AAAP focuses on CLO debt investments, offering income, floating-rate exposure, and capital preservation while maintaining an overall investment-grade profile. PBSC takes a broader approach, investing across senior secured loans, corporate bonds, CLOs, and other collateral-backed credit assets to seek income and selective capital appreciation. The launches expand Pacer’s active ETF lineup and bring Barings’ institutional credit expertise to retail investors through the ETF structure.