CLOA
BlackRock ETF Trust II iShares AAA CLO Active ETF
📎 Investment Objective
The iShares AAA CLO Active ETF (CLOA) seeks to provide exposure to a portfolio of actively managed collateralized loan obligations (CLOs) that are rated AAA.
Overview
ETF tracking BlackRock ETF Trust II iShares AAA CLO Active ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares AAA CLO Active ETF (CLOA) seeks to provide exposure to a portfolio of actively managed collateralized loan obligations (CLOs) that are rated AAA.
🎯 Investment Strategy
The fund invests primarily in AAA-rated CLOs, which are structured credit products backed by diversified pools of senior secured corporate loans. The portfolio is actively managed, with the goal of generating income and capital appreciation.
✨ Key Features
- Exposure to actively managed portfolio of AAA-rated CLOs
- Potential for income generation and capital appreciation
- Actively managed strategy seeks to optimize risk-adjusted returns
- Relatively 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 portfolio
- Interest rate risk: Changes in interest rates may impact the value of the CLO investments
- Liquidity risk: The CLO market may experience periods of reduced liquidity, which could affect the fund's ability to sell its holdings
- Active management risk: The success of the fund's active management strategy is not guaranteed
👤 Best For
This ETF may be suitable for investors seeking exposure to the AAA-rated CLO market as part of a diversified fixed-income or alternative investment portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potential volatility and illiquidity associated with this asset class.