CLOA stock icon

BlackRock AAA CLO ETF
CLOA

$51.94
0.02%

Market Cap: 348M

0
Funds holding %
of 6,702 funds
–
Analysts bullish %
–
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

250% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 2

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

105% more capital invested

Capital invested by funds: $17.1M [Q4 2023] → $35.1M (+$18M) [Q1 2024]

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

36% more funds holding

Funds holding: 14 [Q4 2023] → 19 (+5) [Q1 2024]

3.01% more ownership

Funds ownership: 27.79% [Q4 2023] → 30.8% (+3.01%) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for CLOA.

See Analyst Rankings

Financial journalist opinion

Positive
Seeking Alpha
3 weeks ago
3 Bank Funds To Buy For Your Retirement Income
The financial sector is still out of favor due to rate shock, income is pouring into the willings' coffers. You can invest in banks, bank-like institutions, or both. Don't neglect this sector. Lower risk, higher yields, a retiree's dream.
3 Bank Funds To Buy For Your Retirement Income
Neutral
Seeking Alpha
1 month ago
CLOA: A Question Of Fixed Vs. Floating
CLOs offer higher yield and lower volatility than traditional fixed-rate bonds, particularly in rising rate environments. BlackRock AAA CLO ETF consists of high-quality AAA-rated CLOs managed by experienced credit professionals with active exposure. CLOA provides strong yield and diversification, but investors should be aware of potential credit risks and liquidity issues.
CLOA: A Question Of Fixed Vs. Floating
Positive
Seeking Alpha
4 months ago
CLOA: AAA-Rated CLO ETF, Good 6.1% Yield, Strong Performance
CLOA focuses on AAA-rated CLO tranches, which have extremely low credit and rate risk. It sports an above-average 6.3% yield and has outperformed since inception. It is also very similar to other AAA-rated CLO ETFs in the market, including JAAA.
CLOA: AAA-Rated CLO ETF, Good 6.1% Yield, Strong Performance
Positive
Seeking Alpha
4 months ago
CLOA: The Forgotten AAA CLO Fund From BlackRock
Launched in 2023, the BlackRock AAA CLO ETF has seen slow investor adoption compared to its competitor JAAA. Both offer similar 1-year total returns (~9.8%) and low volatility due to their AAA CLO holdings. The fund has an attractive 6.54% yield with low credit risk and volatility. CLOA has lower fees (20 bps) when compared to JAAA (22 bps).
CLOA: The Forgotten AAA CLO Fund From BlackRock
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