PAMC stock analysis of December 23, 2020

Pacer Lunt MidCap Multi-Factor Alternator ETF

  • NYSE
31.98 close price
127 trading day

Previous trading day
2020-12-22

PAMC stock Buy and Hold Potential More info

INVESTMENT at 2020-12-23 open
PAMC open price was $31.98
1,000.00
Click to edit
HOLDING TIME
546 trading days
or
2 years 62 days
TODAY'S WORTH
As of 2023-02-23 close price ($34.26)
1,071.29
Click to edit
ROI: +7.13% (1.07x) – ANNU: +3.22% (1.03x)

December 23rd, 2020 in PAMC timeline More insights

127th
trading day out of 673
in entire PAMC history
 
18.87%
Progress:
127 673
546
trading days after
(until the latest trading day)
Latest trading day: 2023-02-23
1288
days ago
or
3 years 193 days
Wednesday
52nd week in 2020
127th
trading day in 2020
17th
in 2020 December

PAMC Dividends by December 23, 2020More information

Per share: 0.08
Frequency: first
Yield: 0.25%
0.25%
Yearly yield
2020-12-23
was not a dividend date.
Ex-divs before: 1
Ex-divs after: 0

PAMC Stock Splits by December 23, 2020

We don't have any infomation about PAMC stock splits.
It seems that PAMC has not have any stock splits in it's entire history.

PAMC Stock Price Ranges on December 23, 2020More insights

5D
92%
Price range 5D
Time period:
2020-12-17 to 2020-12-23
PAMC close price: 31.98
Min: 30.32   Max: 32.13
+0.47%
Uptrend potential 5D
If you buy at PAMC close price of 31.98 and sell it when it reaches previous max of 32.13
Time period:
2020-12-17 to 2020-12-23
-5.19%
Downtrend potential 5D
If you buy at PAMC close price of 31.98 and sell it when it reaches previous min of 30.32
Time period:
2020-12-17 to 2020-12-23
1M
32%
Price range 1M
Time period:
2020-11-23 to 2020-12-23
PAMC close price: 31.98
Min: 30.32   Max: 35.45
+10.85%
Uptrend potential 1M
If you buy at PAMC close price of 31.98 and sell it when it reaches previous max of 35.45
Time period:
2020-11-23 to 2020-12-23
-5.19%
Downtrend potential 1M
If you buy at PAMC close price of 31.98 and sell it when it reaches previous min of 30.32
Time period:
2020-11-23 to 2020-12-23
3M
66%
Price range 3M
Time period:
2020-09-23 to 2020-12-23
PAMC close price: 31.98
Min: 25.18   Max: 35.45
+10.85%
Uptrend potential 3M
If you buy at PAMC close price of 31.98 and sell it when it reaches previous max of 35.45
Time period:
2020-09-23 to 2020-12-23
-21.26%
Downtrend potential 3M
If you buy at PAMC close price of 31.98 and sell it when it reaches previous min of 25.18
Time period:
2020-09-23 to 2020-12-23
Next trading day
2020-12-24

Pre-market

2020-12-22 close ⇢ 2020-12-23 open
+1.98%
  • Reached the lowest point in 2020 December.
  • #2 best pre-market of 2020 December
  • #9 best pre-market of 2020
  • #31 best pre-market of ALL-TIME
  • 2020-12-22 closed at 31.36
  • 2020-12-23 opened at 31.98

Intraday

0.00%
  • opened at 31.98 ⇢ closed at 31.98
  • highest at 32.02
    +0.13%
  • lowest at 31.95
    -0.09%
  • close-to-close ⇢
    +1.98%

Post-market

2020-12-23 close ⇢ 2020-12-24 open
-0.53%
  • #29 worst post-market of 2020
  • 2020-12-23 closed at 31.98
  • 2020-12-24 opened at 31.81

PAMC investment calculator

This calculator shows the potential of PAMC stock.
Just pick a start date, end date and click Calculate.
Ticker:
PAMC
Date start:
Date end:
Duration:
2 years 62 days
Trading days:
546
BUY
Your initial investment on 2020-12-23 open
1,000.00
Shares bought: 31.27
Stock price: 31.98
SELL
Value on 2023-02-23 close
1,071.29
NET: +71.29
ROI: +7.13% (1.07x)
Annualised: +3.22% (1.03x)
Stock price: 34.26
Duration: 2 years 62 days
Trading days: 546
 
HIGHEST VALUE
Value on 2021-06-03
1,212.95
NET: +212.95
ROI: +21.29% (1.21x)
Annualised: +54.49% (1.54x)
Stock price: 38.79
Duration: 162 days
Trading days: 110
LOWEST VALUE
Value on 2022-09-26
868.04
NET: -131.96
Max drawdown: -13.20% (0.87x)
Annualised: -7.73% (0.92x)
Stock price: 27.76
Duration: 1 year 277 days
Trading days: 443

PAMC stock timeline

  • December 23, 2020 was 127th PAMC trading day out of 673.
    • If we count from the first PAMC trading day ( 2020-06-25 ) to the last one ( 2023-02-23 ), December 23, 2020 is at 18.87% of entire PAMC stock history.
    • It means that there are at least 546 PAMC trading days after December 23, 2020.
  • 2020-12-23 was 3 years 193 days OR 1288 days ago.
  • December 23, 2020 was Wednesday of 52nd week in 2020.
  • 2020-12-23 was 127th trading day in 2020  ⬤  17th trading day in 2020 December.

PAMC Dividends

  • Our database shows that December 23, 2020 was NOT involved in PAMC dividends.
  • Dividends for PAMC stock was paid 1 times:
    • 1 times before December 23, 2020
    • 0 times after December 23, 2020
  • The last ex-dividend date of PAMC was on 2020-12-21 (Yearly Yield: 0.25%)

In the table below, you can see previous and next ex-dividend dates of PAMC:
  • Dividends before 2020-12-23 (1)
  • Divdiends after 2020-12-23 (0)
Ex-div dateDividendYearly yieldFrequencyDays between ex-div datesRecord datePayment dateDeclaration dateYield
[ AVERAGE ]0.080.25 0   0.25
2020-12-210.079000.25first0---0.25
There are no PAMC dividends to display.

PAMC stock splits

We have no data that PAMC has any stock splits in it's entire history.

PAMC Price Ranges

This section shows the current PAMC stock close price (31.98) in different time periods.
If you like buy low - sell high mindset, you should buy when the current price progress is less than 50% and sell it when it reaches more than 90%.
Lowest value
30.32
Highest value
32.13
-5.19%
5 Days
Downtrend potential
If you buy PAMC stock at current close price of 31.98 and sell it when it reaches 5 Days lowest value of 30.32, your loss would be -5.19%
91.71%
5 Days
Current progress
The current PAMC stock close price of 31.98 is at 91.71% of 5 Days range
+0.47%
5 Days
Uptrend potential
If you buy PAMC stock at current close price of 31.98 and sell it when it reaches 5 Days highest value of 32.13, your profit would be +0.47%
Current value
31.98

1 Month

22 trading days
Lowest value
30.32
Highest value
35.45
-5.19%
1 Month
Downtrend potential
If you buy PAMC stock at current close price of 31.98 and sell it when it reaches 1 Month lowest value of 30.32, your loss would be -5.19%
32.36%
1 Month
Current progress
The current PAMC stock close price of 31.98 is at 32.36% of 1 Month range
+10.85%
1 Month
Uptrend potential
If you buy PAMC stock at current close price of 31.98 and sell it when it reaches 1 Month highest value of 35.45, your profit would be +10.85%
Current value
31.98

3 Months

65 trading days
Lowest value
25.18
Highest value
35.45
-21.26%
3 Months
Downtrend potential
If you buy PAMC stock at current close price of 31.98 and sell it when it reaches 3 Months lowest value of 25.18, your loss would be -21.26%
66.21%
3 Months
Current progress
The current PAMC stock close price of 31.98 is at 66.21% of 3 Months range
+10.85%
3 Months
Uptrend potential
If you buy PAMC stock at current close price of 31.98 and sell it when it reaches 3 Months highest value of 35.45, your profit would be +10.85%
Current value
31.98

Monthly Highs and Lows of PAMC

This section shows lows and highs of PAMC stock every month.
MonthTrading daysHighLowOpenCloseP/LMax P/LMin P/L
2023 February16
36.38
33.91
35.14
34.26
-2.503.53-3.50
2023 January20
35.11
31.12
31.33
35.11
12.0712.07-0.67
2022 December21
33.13
30.72
33.13
31.36
-5.340.00-7.27
2022 November21
33.01
29.62
31.29
33.01
5.505.50-5.34
2022 October21
31.45
28.07
28.36
31.05
9.4910.90-1.02
2022 September21
32.72
27.76
30.53
27.88
-8.687.17-9.07
2022 August23
33.59
31.01
32.36
31.01
-4.173.80-4.17
2022 July20
32.36
29.38
29.73
32.34
8.788.85-1.18
2022 June21
33.32
28.87
32.57
29.78
-8.572.30-11.36
2022 May21
33.74
30.60
32.36
32.73
1.144.26-5.44
2022 April21
35.87
32.08
35.87
32.17
-10.320.00-10.57
2022 March23
36.52
31.78
34.17
35.38
3.546.88-6.99
2022 February20
34.88
32.33
33.81
34.17
1.063.16-4.38
2022 January20
36.46
32.67
36.38
33.90
-6.820.22-10.20
2021 December22
36.54
33.51
35.93
36.16
0.641.70-6.74
2021 November21
38.42
35.16
36.88
35.34
-4.184.18-4.66
2021 October21
37.05
34.36
35.18
36.30
3.185.32-2.33
2021 September21
36.52
34.58
36.00
34.87
-3.141.44-3.94
2021 August22
38.11
34.86
35.74
36.04
0.846.63-2.46
2021 July21
37.55
33.00
37.05
35.57
-3.991.35-10.93
2021 June22
38.79
35.55
38.34
36.76
-4.121.17-7.28
2021 May20
38.52
36.23
37.61
37.93
0.852.42-3.67
2021 April21
37.65
35.40
35.40
37.10
4.806.360.00
2021 March23
36.63
32.73
35.77
35.07
-1.962.40-8.50
2021 February19
36.07
33.40
33.40
34.78
4.137.990.00
2021 January19
35.21
31.49
31.49
33.06
4.9911.810.00
2020 December22
32.27
30.32
30.95
32.08
3.654.26-2.04
2020 November20
35.45
27.37
27.56
30.48
10.6028.63-0.69
2020 October22
28.89
26.87
26.87
27.10
0.867.520.00
2020 September21
27.45
25.18
27.07
26.72
-1.291.40-6.98
2020 August21
27.33
26.10
26.10
26.94
3.224.710.00
2020 July22
26.18
23.92
24.21
25.64
5.918.14-1.20
2020 June4
25.96
23.34
23.86
24.33
1.978.80-2.18

PAMC best and worst after-hours sessions

This section shows best and worst after-hours sessions of PAMC in different timeframes.
  • Best days
  • Worst days
  • All-time
  • 10 years
  • 5 years
  • Year: 2020
  • Month: 2020 December
PositionDatePercentage
12020-12-032.44
22020-12-221.98
32020-12-021.10
42020-12-291.07
52020-12-240.31
No data to display.
No data to display.
PositionDatePercentage
12022-11-095.86
22021-07-294.98
32020-11-234.95
42021-01-054.46
52022-10-143.93
62020-07-143.10
72022-03-153.09
82020-11-062.88
92021-02-262.85
102021-12-062.68
112021-07-192.58
122022-05-122.47
132022-03-082.47
142020-12-032.44
152021-03-102.42
162022-11-142.40
172020-07-282.39
182020-11-042.36
192021-05-132.29
202022-10-172.29
212022-07-182.26
222023-01-052.25
232021-10-062.22
242022-04-182.19
252022-12-122.11
262020-11-132.06
272021-02-182.02
282021-05-052.02
292021-07-082.01
302020-11-122.00
312020-12-221.98
322020-10-061.96
332022-10-251.96
342022-10-031.94
352021-06-021.89
362021-03-081.87
372022-04-271.85
382020-09-081.85
392020-07-311.79
402020-09-111.76
412022-08-091.75
422021-09-221.75
432020-07-201.73
442022-09-301.72
452020-09-251.71
462020-10-301.70
472021-03-091.68
482021-11-301.67
492022-05-161.67
502022-06-231.67
512021-10-291.60
522022-07-061.57
532020-08-121.54
542020-11-301.54
552022-02-071.54
562021-09-211.54
572020-10-021.52
582020-07-011.52
592021-08-261.52
602021-10-131.47
612021-01-061.47
622020-09-291.44
632020-11-201.42
642022-05-251.41
652021-02-041.41
662022-05-101.40
672022-01-251.40
682022-03-211.40
692022-02-141.39
702022-11-171.38
712022-03-311.38
722022-11-211.37
732021-04-301.37
742021-10-271.37
752022-04-081.36
762021-01-131.35
772022-07-281.35
782022-06-171.34
792022-09-261.33
802020-08-041.30
812021-01-151.30
822021-03-121.30
832021-02-231.29
842022-03-011.28
852020-08-141.27
862021-04-141.25
872021-10-191.25
882020-10-081.24
892021-02-031.23
902021-03-051.23
912021-03-291.23
922021-11-191.22
932022-08-101.22
942022-05-261.21
952022-04-111.21
962022-02-241.21
972020-11-021.20
982021-12-031.20
992021-07-021.19
1002020-09-151.18
PositionDatePercentage
12020-12-18-2.02
22020-12-31-1.84
32020-12-28-1.09
42020-12-10-0.72
52020-12-04-0.53
PositionDatePercentage
12020-09-02-3.94
22020-10-29-2.75
32020-12-18-2.02
42020-10-27-1.99
52020-09-18-1.90
62020-09-03-1.86
72020-12-31-1.84
82020-09-22-1.78
92020-07-30-1.69
102020-11-11-1.49
112020-07-29-1.45
122020-07-15-1.37
132020-10-23-1.33
142020-10-16-1.29
152020-09-16-1.10
162020-12-28-1.09
172020-07-06-1.01
182020-06-25-1.00
192020-10-20-0.77
202020-11-16-0.76
212020-12-10-0.72
222020-11-27-0.71
232020-08-13-0.67
242020-07-22-0.66
252020-09-04-0.66
262020-07-23-0.62
272020-09-23-0.59
282020-09-10-0.58
292020-12-23-0.53
302020-12-04-0.53
312020-08-17-0.52
322020-06-30-0.49
332020-08-20-0.45
342020-08-07-0.45
352020-12-15-0.44
362020-11-24-0.42
372020-11-09-0.41
382020-12-17-0.40
392020-12-01-0.39
402020-08-05-0.37
412020-07-08-0.33
422020-12-16-0.31
432020-07-17-0.24
442020-12-11-0.22
452020-10-07-0.21
462020-10-15-0.21
472020-08-10-0.19
482020-12-09-0.16
492020-10-26-0.14
502020-10-21-0.14
No data to display.
No data to display.
PositionDatePercentage
12020-09-02-3.94
22022-06-15-3.77
32021-07-16-3.14
42022-01-24-2.98
52021-11-24-2.97
62022-09-28-2.90
72022-09-12-2.84
82020-10-29-2.75
92022-11-25-2.74
102022-06-10-2.61
112022-07-01-2.58
122022-08-25-2.42
132022-04-05-2.39
142022-09-21-2.33
152022-04-21-2.04
162020-12-18-2.02
172021-02-22-2.00
182022-11-02-1.99
192020-10-27-1.99
202022-12-02-1.97
212021-09-17-1.96
222022-06-09-1.96
232021-07-07-1.92
242020-09-18-1.90
252022-10-04-1.88
262020-09-03-1.86
272021-03-26-1.85
282020-12-31-1.84
292022-10-18-1.82
302022-09-15-1.82
312020-09-22-1.78
322022-10-13-1.78
332021-10-05-1.77
342022-03-11-1.76
352022-05-04-1.72
362022-07-12-1.70
372022-09-22-1.70
382020-07-30-1.69
392022-04-04-1.68
402022-08-19-1.67
412021-07-12-1.62
422022-05-05-1.61
432021-05-18-1.60
442022-09-02-1.60
452022-10-12-1.57
462022-08-31-1.55
472022-11-15-1.54
482022-06-29-1.53
492021-12-02-1.52
502021-12-17-1.50
512020-11-11-1.49
522022-12-21-1.49
532022-03-09-1.48
542021-07-14-1.46
552021-02-17-1.46
562020-07-29-1.45
572021-01-14-1.43
582022-05-17-1.42
592021-03-03-1.42
602022-05-06-1.42
612021-03-24-1.40
622022-07-13-1.40
632020-07-15-1.37
642021-05-10-1.35
652020-10-23-1.33
662020-10-16-1.29
672022-09-19-1.29
682022-08-29-1.27
692022-12-14-1.27
702023-02-03-1.25
712023-01-24-1.23
722022-10-06-1.23
732021-07-26-1.22
742022-01-21-1.22
752021-11-29-1.21
762022-02-10-1.17
772021-03-04-1.17
782022-11-16-1.16
792023-01-18-1.16
802021-01-26-1.11
812021-06-11-1.10
822020-09-16-1.10
832021-08-16-1.09
842020-12-28-1.09
852022-03-17-1.09
862022-05-19-1.09
872023-02-16-1.08
882021-06-25-1.08
892021-07-21-1.08
902022-08-16-1.07
912022-04-22-1.05
922022-05-18-1.05
932022-05-23-1.05
942022-08-18-1.05
952021-02-16-1.03
962020-07-06-1.01
972021-12-09-1.01
982020-06-25-1.00
992023-02-14-0.99
1002022-01-10-0.98

PAMC best and worst intraday sessions

This section shows best and worst intraday sessions of PAMC in different timeframes.
  • Best days
  • Worst days
  • All-time
  • 10 years
  • 5 years
  • Year: 2020
  • Month: 2020 December
PositionDatePercentage
12020-12-152.16
22020-12-211.09
32020-12-100.75
42020-12-040.56
52020-12-240.50
No data to display.
No data to display.
PositionDatePercentage
12021-03-253.61
22022-10-133.46
32022-10-253.45
42021-03-053.24
52022-01-243.07
62022-10-212.86
72022-11-302.83
82022-09-282.73
92022-10-042.65
102021-06-212.56
112022-05-042.43
122022-10-052.16
132020-12-152.16
142022-09-082.13
152021-12-152.08
162021-12-022.04
172022-09-072.03
182022-02-252.03
192022-03-182.00
202020-09-251.98
212022-10-031.97
222023-01-201.96
232022-03-171.96
242022-01-281.95
252022-06-071.93
262023-01-311.92
272021-02-231.92
282022-03-101.90
292021-07-211.90
302022-06-021.88
312022-04-251.86
322022-07-051.77
332022-06-241.74
342023-02-011.68
352022-07-011.65
362021-01-051.58
372020-07-141.57
382021-12-211.56
392022-09-091.54
402020-06-291.53
412021-04-211.51
422022-01-251.51
432023-02-151.46
442020-07-151.46
452022-07-131.46
462023-01-251.45
472022-03-291.44
482022-01-111.39
492023-01-101.38
502022-01-311.38
512022-03-021.35
522022-07-281.33
532020-09-221.33
542023-01-121.32
552021-05-131.31
562020-06-301.29
572022-02-241.28
582022-03-241.28
592020-11-171.27
602023-01-131.22
612022-09-191.21
622022-03-151.20
632023-01-261.20
642023-02-071.19
652022-03-091.19
662021-07-191.18
672022-11-041.17
682023-01-111.15
692021-03-171.15
702020-11-051.15
712022-07-271.12
722020-07-081.11
732022-03-281.10
742021-01-221.10
752020-10-221.10
762022-12-291.09
772020-12-211.09
782021-06-081.08
792020-07-101.07
802021-07-201.05
812022-02-011.04
822022-10-281.04
832020-09-211.03
842022-11-281.03
852021-10-131.03
862021-11-241.03
872020-10-051.02
882022-11-171.01
892021-10-060.99
902021-11-030.98
912020-11-100.96
922021-04-230.96
932022-09-060.96
942022-09-010.95
952022-04-130.94
962021-02-010.90
972023-02-100.90
982022-12-210.89
992022-11-070.89
1002021-03-260.89
PositionDatePercentage
12020-12-14-0.85
22020-12-18-0.78
32020-12-11-0.44
42020-12-03-0.42
52020-12-07-0.41
PositionDatePercentage
12020-11-24-3.29
22020-07-13-2.47
32020-06-26-1.81
42020-11-18-1.45
52020-09-10-1.38
62020-11-30-1.26
72020-09-18-1.26
82020-11-09-1.25
92020-07-28-1.20
102020-09-08-1.13
112020-09-16-1.06
122020-07-09-1.06
132020-11-04-0.99
142020-07-07-0.90
152020-07-02-0.85
162020-12-14-0.85
172020-12-18-0.78
182020-10-14-0.76
192020-08-13-0.74
202020-08-11-0.68
212020-10-06-0.68
222020-10-21-0.60
232020-09-29-0.45
242020-09-30-0.45
252020-11-06-0.45
262020-12-11-0.44
272020-07-21-0.43
282020-12-03-0.42
292020-12-07-0.41
302020-11-12-0.38
312020-08-19-0.37
322020-11-02-0.33
332020-10-26-0.32
342020-09-23-0.31
352020-10-02-0.30
362020-07-17-0.27
372020-11-25-0.26
382020-08-17-0.22
392020-10-27-0.21
402020-12-22-0.19
412020-08-31-0.19
422020-09-15-0.19
432020-10-28-0.18
442020-09-11-0.16
452020-08-06-0.15
462020-08-20-0.15
472020-09-03-0.15
482020-11-16-0.13
492020-12-30-0.12
502020-08-07-0.11
No data to display.
No data to display.
PositionDatePercentage
12021-07-30-5.27
22022-03-07-4.33
32021-12-01-3.70
42021-05-12-3.69
52020-11-24-3.29
62021-02-25-3.10
72021-12-16-2.97
82021-03-18-2.94
92021-01-29-2.91
102021-06-17-2.85
112021-07-06-2.76
122021-03-03-2.65
132021-06-18-2.65
142022-04-26-2.64
152021-03-16-2.60
162022-04-29-2.57
172021-03-24-2.52
182020-07-13-2.47
192022-02-23-2.43
202022-01-26-2.40
212022-11-02-2.39
222021-04-20-2.22
232022-01-20-2.20
242022-04-21-2.20
252023-02-21-2.15
262022-05-11-2.14
272022-09-21-2.09
282021-09-30-2.05
292021-06-03-2.04
302022-12-13-2.03
312021-05-18-2.01
322022-09-26-2.01
332022-10-07-2.01
342022-05-18-2.00
352021-10-27-1.97
362022-10-14-1.84
372022-02-10-1.83
382021-09-28-1.82
392020-06-26-1.81
402022-03-01-1.81
412022-06-13-1.80
422021-03-04-1.79
432022-03-30-1.79
442022-12-28-1.71
452022-01-27-1.70
462021-01-25-1.68
472021-07-16-1.67
482021-11-30-1.67
492021-01-27-1.63
502023-02-09-1.59
512022-11-14-1.57
522021-12-09-1.57
532021-01-13-1.56
542021-10-11-1.54
552022-11-09-1.53
562021-05-06-1.51
572023-01-18-1.50
582022-06-28-1.50
592022-09-30-1.48
602020-11-18-1.45
612021-05-10-1.41
622022-09-22-1.40
632022-06-08-1.39
642020-09-10-1.38
652022-03-04-1.33
662022-04-08-1.32
672022-09-13-1.32
682022-03-31-1.31
692022-04-11-1.29
702021-06-10-1.28
712022-10-26-1.28
722020-11-30-1.26
732022-10-27-1.26
742021-11-22-1.26
752020-09-18-1.26
762022-05-09-1.25
772020-11-09-1.25
782022-04-01-1.25
792021-03-02-1.24
802022-08-11-1.21
812020-07-28-1.20
822022-01-05-1.19
832022-06-14-1.16
842022-04-12-1.14
852021-11-10-1.13
862022-01-19-1.13
872020-09-08-1.13
882022-08-31-1.12
892022-06-09-1.11
902022-04-14-1.10
912022-03-23-1.10
922022-04-15-1.10
932022-01-18-1.09
942020-07-09-1.06
952020-09-16-1.06
962022-10-10-1.06
972022-07-22-1.05
982022-11-15-1.04
992022-01-21-1.03
1002021-10-15-1.02
  • Investment calculator
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PAMC information
  • Full title
    Pacer Lunt MidCap Multi-Factor Alternator ETF
  • First trading day
  • Last trading day
  • Total trading days
    673
  • Last close price
    34.26 (+1.00%)
  • Stock Exchange
    NYSE
  • Description
    The investment seeks to track the total return performance, before fees and expenses, of the Lunt Capital U.S. MidCap Multi-Factor Rotation Index. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of collateral held from securities lending) will be invested in the component securities of its underlying index or in one or more ETFs that track the performance of all or a portion of such component securities in the same approximate proportion as in the fund’s underlying index. The index uses an objective, rules-based methodology to provide exposure to mid-capitalization U.S. companies. It is non-diversified.
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