BlackRock AAA CLO ETFCLOA
CLOA
0
Funds holding %
of 7,390 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
32% more capital invested
Capital invested by funds: $277M [Q3] → $367M (+$90M) [Q4]
14.07% more ownership
Funds ownership: 60.66% [Q3] → 74.73% (+14.07%) [Q4]
8% more funds holding
Funds holding: 78 [Q3] → 84 (+6) [Q4]
13% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 32
Research analyst outlook
We haven’t received any recent analyst ratings for CLOA.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
CLOA ETF: Another Great Risk-Off, Yet High-Yielding Instrument
AAA CLOs, like the iShares AAA CLO Active ETF, offer compelling income-based attributes and limited price sensitivity in today's uncertain economic climate. CLOA ETF invests primarily in AAA-rated CLO tranches, providing liquid access to an illiquid asset with a weighted average coupon of 5.82%. Despite potential risks, CLOA ETF has shown consistent returns and benefits from a higher-for-longer interest rate outlook and rising demand for CLO vehicles.
Positive
Market Watch
1 month ago
Active-bond ETFs see record demand. Did Vanguard's fee cuts include such funds?
Investors have upped their interest in actively managed bond ETFs, pouring record capital into them in January as some paid up in hopes of stronger returns.
Positive
Seeking Alpha
3 months ago
CLOA: CLO ETFs And How To Manage Risk
CLO ETFs offer retail investors access to high-yield, floating-rate investments with historically low default rates, outperforming similarly rated corporate bonds. Investors should choose CLO ETFs based on their risk tolerance; AAA-rated options like CLOA and JAAA for conservative profiles and JBBB for investors with higher risk tolerances. Despite strong historical performance, caution is advised due to potential economic downturns and credit spread risks; I recommend AAA-rated CLOs for stability.
Positive
ETF Trends
6 months ago
CLO ETFs in Focus: Virtus, Blondbloxx, Nuveen Plot Entrance
Several firms are planning to launch collateralized loan obligation (CLO) ETFs, enhancing options for investors. CLOs have provided attractive risk-adjusted returns over the past decade, especially when compared to other fixed income investments.
Positive
Seeking Alpha
6 months ago
CLOA: Viable Alternative To JAAA
The BlackRock AAA CLO ETF invests in AAA-rated CLO securities, providing safety and attractive yields. The CLOA is almost identical to JAAA in terms of performance. However, its smaller size means the fund is less liquid. With the economy slowing, I believe investors should high-grade their portfolios with the CLOA or JAAA ETFs.
Positive
Seeking Alpha
7 months ago
Is CLO Outperformance Set To Continue?
CLO ETF performance has been outstanding these past few years. Most have seen below-average drawdowns, significant dividend growth, and massive outperformance with above-average yields. Yields range from 6.4% to 8.9%, and that is without leverage or excessive credit risk.
Positive
Seeking Alpha
8 months 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.
Neutral
Seeking Alpha
9 months 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.
Positive
Seeking Alpha
1 year 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.
Positive
Seeking Alpha
1 year 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).
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