CLOAiShares AAA CLO Active ETF

Get income3y track recordRanked #222 of 1,706 in this goal

Seeks capital preservation and current income by investing in U.S. dollar-denominated AAA-rated CLOs.

By iShares · Launched 2023

Annual Cost

0.20%

#967 of 6,040 · low cost

Fund Size

$2.3B

#730 of 6,040 · large

Return (1Y)

+5.0%

Track Record

3 years

#2,842 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,497+5.0%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Focus

CLO

Holdings

By weight

Concentration

Top 10 holdings = 9.6% of funddiversified

Madison Park Funding Ltd

1.4%

New Mountain CLO Ltd

1.1%

Elmwood CLO 20 Ltd

1.0%

Dewolf Park clo, ltd

1.0%

ARES CLO Ltd

1.0%

Carlyle Global Market Strategies

1.0%

OCP CLO Ltd

0.9%

Sixth Street CLO XVI, LTD.

0.9%

Anchorage Capital CLO LTD

0.8%

KKR Financial CLO Ltd

0.7%

Asset allocation

Bonds

103.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.6%Low

Year-on-year price swings

Max drawdown

-1.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.84Strong risk-adjusted returns

Sortino (3Y)

2.56Good downside protection

Bond profile

Duration

5.0 years

Avg maturity

10.1 years

Credit ratings

AAA

97.6%

1.5%

0.9%

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks capital preservation and current income by investing in U.S. dollar-denominated AAA-rated CLOs.
Strategy: Invests principally in U.S. dollar-denominated AAA-rated CLOs to provide capital preservation and current income. May invest in CLOs of any maturity and includes derivatives for exposure to market risk factors.
Inception date: January 10, 2023
Fund family: iShares