CLOAiShares AAA CLO Active ETF

Get income3y track recordRanked #227 of 1,628 in this goal

Seeks to provide capital preservation and current income by investing in AAA-rated collateralized loan obligations.

By iShares · Launched 2023

Annual Cost

0.20%

#1,040 of 5,573 · low cost

Fund Size

$2.2B

#721 of 5,573 · large

Dividend YieldGoal

5.01%

Track Record

3 years

#2,902 of 5,573 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,515+5.2%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Focus

CLO

What it actually holds

By weight

Concentration

Top 10 holdings = 9.4% of fund✓ well diversified

BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

1.6%

Serenity-Peace Park CLO LTD

1.1%

Oak Hill Credit Partners

0.9%

Bluemountain CLO Ltd

0.9%

Warwick Capital CLO Ltd

0.9%

Oak Hill Credit Partners

0.9%

Sand Trust

0.8%

Babson CLO Ltd

0.8%

Aimco

0.8%

Rad CLO Ltd

0.7%

Asset allocation

Bonds

100.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.7%Low

Year-on-year price swings

Max drawdown

-1.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)

2.40Strong risk-adjusted returns

Sortino (3Y)

3.41Good downside protection

Bond profile

Duration

5.0 years

Avg maturity

10.1 years

Credit ratings

AAA

98.8%

0.7%

0.5%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide capital preservation and current income by investing in AAA-rated collateralized loan obligations.
Strategy: Invests primarily in U.S. dollar-denominated AAA-rated CLOs, targeting at least 80% of assets in such securities. May invest in CLOs of any maturity, including both primary and secondary markets, and may use derivatives to gain exposure to these securities.
Inception date: January 10, 2023
Fund family: iShares