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Pacer ETFs announced a dividend increase for the Pacer American Energy Independence ETF (USAI), raising its monthly distribution from $0.12 to $0.16, effective January 2025. The fund, which focuses on U.S. and Canadian midstream energy companies, achieved a remarkable 43.92% return in 2024, significantly outperforming the S&P 500 energy sector's 5.72%.
USAI employs a rules-based strategy targeting companies involved in energy processing, transportation, storage, and distribution. The fund's contract-based business model aims to generate steady cash flow while reducing correlation to oil price volatility. Notable performance metrics include a 25.39% three-year return and 18.06% five-year return, with a total expense ratio of 0.75%.
The fund is strategically positioned to capitalize on increasing domestic energy demands, particularly from AI-driven data centers requiring substantial power resources.
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