ACLO
TCW AAA CLO ETF
📎 Investment Objective
The TCW AAA CLO ETF (ACLO) seeks to provide investment exposure to the highest-rated tranches of collateralized loan obligations (CLOs).
Overview
ETF tracking TCW AAA CLO ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The TCW AAA CLO ETF (ACLO) seeks to provide investment exposure to the highest-rated tranches of collateralized loan obligations (CLOs).
🎯 Investment Strategy
The fund invests primarily in AAA-rated CLO tranches, which are securities backed by diversified pools of senior secured corporate loans. The fund aims to generate current income by investing in these high-quality CLO securities.
✨ Key Features
- Exposure to the highest-rated segment of the CLO market
- Potential for current income generation from CLO investments
- Actively managed portfolio by TCW, an experienced CLO manager
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Credit risk: The fund is exposed to the creditworthiness of the underlying corporate loans in the CLO pools
- Interest rate risk: CLO securities may be sensitive to changes in interest rates
- Liquidity risk: The CLO market can experience periods of reduced liquidity
- Manager risk: The success of the fund depends on the investment decisions made by the TCW portfolio management team
👤 Best For
This ETF may be suitable for investors seeking exposure to the high-quality, income-generating segment of the CLO market as part of a diversified fixed-income allocation. Investors should have a medium-to-long-term investment horizon and be comfortable with the risks associated with CLO investments.