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AAAAlternative Access First Priority CLO Bond ETF

Get income5y track recordRanked #753 of 1,650 in this goal

Seeks capital preservation and income.

By Alternative Access Funds · Launched 2020

Annual Cost

0.25%

#1,139 of 5,854 · low cost

Fund Size

$45M

#3,741 of 5,854 · mid-size

Dividend YieldGoal

4.82%

Track Record

5 years

#2,131 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,456+4.6%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

CLO

What it actually holds

By weight

Concentration

Top 10 holdings = 43.7% of fundmoderately concentrated

FORTRESS CREDIT BSL XXIII LTD
4.7%
FORTRESS CREDIT BSL XXVI LTD
4.7%
AMMC CLO 31 LTD
4.7%
Apidos Clo XXXIX Ltd / Apidos Clo XXXIX LLC
4.7%
Cedar Funding VIII CLO, Ltd
4.7%
Voya CLO 2021-2 Ltd.
4.7%
Magnetite XXXIV Ltd.
4.7%
LCM 40 LTD
3.5%
Silver Point CLO 7 Ltd.
3.5%
TRINITAS CLO XXX LTD
3.5%

Asset allocation

Bonds
92.9%
Cash
7.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
2.4%Low

Year-on-year price swings

Max drawdown
-3.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
0.84Decent risk-adjusted returns
Sortino (3Y)
1.22Good downside protection

Bond profile

Duration

5.0 years

Avg maturity

10.0 years

Credit ratings

AAA
100.0%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital preservation and income.
Strategy
Actively manages an ETF investing primarily in AAA rated first priority debt tranches of U.S. dollar-denominated CLOs. Focuses on senior-most tranches to provide capital preservation and income.
Inception date
September 8, 2020
Fund family
Alternative Access Funds

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Data updated on 2026-08-03