RAARReckoner Yield Enhanced AAA CLO

Grow my money Get incomeRanked #1,610 of 1,622 in this goal

Seeks total return, while seeking to minimize making dividend or distribution payments.

Annual Cost

—

#5,562 of 5,562 · expensive

Fund Size

—

#5,562 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

—

#5,562 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,148+1.5%

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

How Beacon categorizes this fund

Asset class

Region

Strategy

Active selection

Focus

CLO

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-0.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Objective: Seeks total return, while seeking to minimize making dividend or distribution payments.
Strategy: Invests primarily in AAA-rated debt tranches of CLOs, using at least 80% of net assets. The Fund aims to minimize dividend payments by managing its portfolio to avoid holding shares on dividend record dates. May use derivatives and reverse repurchase agreements for additional exposure.