0001616668 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102845Member 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102846Member 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102847Member 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102848Member 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102849Member 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102850Member 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102851Member 2026-04-30 2026-04-30 0001616668 ck0001616668:S000102852Member 2026-04-30 2026-04-30 497 Pacer Funds Trust 0001616668 false N-1A <div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:48.245%"><tr><td style="width:1.0%"></td><td style="width:19.203%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:78.597%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MFEB</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 13pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (February) ETF</td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MMAR</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (March) ETF</td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MMAY</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (May) ETF</td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MJUN</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (June) ETF</td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MAUG</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (August) ETF</td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MSEP</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (September) ETF</td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MNVR</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (November) ETF</td></tr><tr><td colspan="3" style="padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MDCR</td><td colspan="3" style="border-left:1pt solid #000;padding:1.5pt 1pt 1.5pt 12.25pt;text-align:left;vertical-align:middle">Pacer Swan SOS Moderate (December) ETF</td></tr></table></div><div style="margin-bottom:6pt;text-align:center">(each, a “Fund” and together, the “Funds”)</div><div style="text-align:center">Supplement dated September 1, 2026 to the Funds’ Prospectus, dated April 30, 2026, as amended June 12, 2026, as previously supplemented</div><div style="margin-bottom:6pt;text-align:center">and to the Pacer Swan SOS Moderate (September) ETF Summary Prospectus, dated June 12, 2026</div><div style="margin-bottom:6pt;text-align:justify">As described in each Fund’s Summary Prospectus and the Funds’ Prospectus, shareholders are subject to a buffer (“Buffer”) and a pre-determined upside return cap (“Cap”) from an investment in a Fund for a given period of approximately one year (the “Investment Period”). </div><div style="margin-bottom:6pt;text-align:justify">On August 31, 2026, the previous Investment Period for the Pacer Swan SOS Moderate (September) ETF (“MSEP”) ended. A new Investment Period for MSEP began as of September 1, 2026 and will end on August 31, 2027. The Investment Period, Buffer, and Cap for each Fund are as follows:</div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.853%"><tr><td style="width:1.0%"></td><td style="width:7.245%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:17.494%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.516%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.516%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.516%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.519%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="background-color:#dbdbdb;padding:0 1pt"></td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">Investment Period Start</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">Investment Period End</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">Buffer (before Fund fees and expenses)</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">Buffer (after Fund fees and expenses)</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">Cap (before Fund fees and expenses)</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">Cap (after Fund fees and expenses)</td></tr><tr><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MFEB</td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">May 1, 2026</td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">January 29, 2027</td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">9.51%</td><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">9.14%</td></tr><tr><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MMAR</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">June 12, 2026</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">February 26, 2027</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">10.02%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">9.67%</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MMAY</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">May 1, 2026</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">April 30, 2027</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">13.05%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">12.56%</td></tr><tr><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MJUN</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">June 12, 2026</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">May 28, 2027</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">13.98%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">13.51%</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MAUG</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">August 3, 2026</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">July 30, 2027</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">13.81%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">13.32%</td></tr><tr><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MSEP</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">September 1, 2026</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">August 31, 2027</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">14.05%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">13.56%</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MNVR</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">May 1, 2026</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">October 30, 2026</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">6.06%</td><td colspan="3" style="background-color:#ffffff;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">5.81%</td></tr><tr><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:left;vertical-align:bottom">MDCR</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">June 12, 2026</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">November 30, 2026</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">15%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:top">14.51%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">6.33%</td><td colspan="3" style="background-color:#dbdbdb;padding:1.5pt 1pt;text-align:center;vertical-align:bottom">6.10%</td></tr></table></div><div style="margin-bottom:6pt;margin-top:6pt;text-align:center">Please retain this Supplement with your Summary Prospectus and Prospectus for future reference.</div> Pacer Swan SOS Moderate (February) ETF Pacer Swan SOS Moderate (March) ETF Pacer Swan SOS Moderate (May) ETF Pacer Swan SOS Moderate (June) ETF Pacer Swan SOS Moderate (August) ETF Pacer Swan SOS Moderate (September) ETF Pacer Swan SOS Moderate (November) ETF Pacer Swan SOS Moderate (December) ETF 2026-09-01 2026-04-30