NYSE Arca · ETF
Invest in FLRT ETF from India
Indian and foreign residents can buy Pacer Aristotle Pacific Floating Rate High ETF (FLRT) units directly through Paasa.
By Paasa · Updated
FLRT at a glance
- Price
- $46.44-$0.06 (0.12%)
- Expense ratio
- 0.6%
- Day range
- $46.44 – $46.53
- Assets
- $836.5M
- Domicile
- the US
- Holdings
- 341
- Launched
- 2015
- Dividends
- Distributing
- 1 month
- -0.47%
- 6 months
- +0.50%
- YTD
- -1.44%
- 1 year
- -2.00%
- 5 years
- -4.99%
Price change, excluding dividends.
Top 10 holdings
- 1U.S. Bank Money Market Deposit Account 06/01/20318.8%
- 2Allied Universal (Universal Services) T/L B 8/25 (USD) 6.9809% 08/06/20321.2%
- 3CQP Holdco (Blackstone CQP) T/L (6/21) - Target 5.4822% 12/31/20321.2%
- 4Iridium Satellite LLC 5.9809% 09/20/20301.1%
- 5Wec US Holdings Ltd 5.7056% 01/31/20311.1%
- 6Barnes Group T/L B 6.2309% 12/10/20311.1%
- 7Quikrete Holdings T/L B1 (2/25) 5.9809% 04/14/20311.1%
- 8Imperial Bag & Paper/Imperial Dade 3/26 10th Amendment T/L 7.2309% 12/29/20321.1%
- 9Bleriot US Bidco Inc 5.9822% 10/30/20281.0%
- 10Whatabrands T/L B 6.5421% 07/29/20331.0%
FLRT holds 341 securities in total. These 10 are 18.7% of the fund.
Where the money is invested
Countries
- Other90.2%
- United States8.4%
- Canada0.6%
- United Kingdom0.4%
- Switzerland0.4%
How to invest in FLRT from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search FLRT and buy
Find the fund by its ticker, FLRT, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in FLRT from India
What FLRT holds
This exchange-traded fund (ETF) is structured to deliver a robust stream of current income, primarily through its investments in adjustable-rate loans from companies that do not hold an investment-grade credit rating. This approach provides the dual benefit of income generation and a protective measure against upward shifts in interest rates.
Hold a dollar asset
FLRT is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one FLRT unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy FLRT from India?
Yes. Indian residents can buy Pacer Aristotle Pacific Floating Rate High ETF (FLRT) through Paasa. It is listed on NYSE Arca and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does FLRT invest in?
Pacer Aristotle Pacific Floating Rate High ETF holds 341 securities. Its largest holdings are U.S. Bank Money Market Deposit Account 06/01/2031 (8.8%), Allied Universal (Universal Services) T/L B 8/25 (USD) 6.9809% 08/06/2032 (1.2%) and CQP Holdco (Blackstone CQP) T/L (6/21) - Target 5.4822% 12/31/2032 (1.2%). It is a distributing fund domiciled in the US.
What is the expense ratio of FLRT?
Pacer Aristotle Pacific Floating Rate High ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about $836.5M.
How are FLRT dividends taxed in India?
Pacer Aristotle Pacific Floating Rate High ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell FLRT?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one FLRT unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $46.44, and there is no minimum trade size.
What happens to my FLRT units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.