BCLO
iShares BBB-B CLO Active ETF
📎 Investment Objective
The iShares BBB-B CLO Active ETF (BCLO) seeks to provide exposure to a portfolio of collateralized loan obligations (CLOs) with credit ratings in the BBB to B range.
Overview
ETF tracking iShares BBB-B CLO Active ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares BBB-B CLO Active ETF (BCLO) seeks to provide exposure to a portfolio of collateralized loan obligations (CLOs) with credit ratings in the BBB to B range.
🎯 Investment Strategy
The fund actively manages a portfolio of CLOs, seeking to generate income and capital appreciation by investing in securities that the investment manager believes are undervalued and have the potential for price appreciation. The fund may also use derivatives to manage risk and enhance returns.
✨ Key Features
- Actively managed portfolio of BBB to B rated CLOs
- Seeks to generate income and capital appreciation
- May use derivatives to manage risk and enhance returns
- Low current assets under management ($0)
⚠️ Primary Risks
- Credit risk: The fund is exposed to the creditworthiness of the underlying CLO issuers
- Interest rate risk: Changes in interest rates may affect the value of the fund's holdings
- Liquidity risk: The fund may have difficulty selling its holdings due to the complex and illiquid nature of the CLO market
- Actively managed risk: The fund's performance depends on the investment manager's ability to select and manage the portfolio
👤 Best For
This ETF may be suitable for investors seeking exposure to the CLO market and willing to accept the higher risks associated with actively managed, lower-rated credit instruments. Investors should have a long-term investment horizon and be comfortable with the fund's complex investment strategy and potential volatility.