Reckoner Yield Enhanced AAA CLO Reinvesting ETF

RAAR

Market cap $12.7M

The global credit markets continue to evolve, enabling advisors to take a more tailored approach to diversifying fixed-income exposure through collateralized loan obligations (CLOs). While the demand for yield is unwavering, some investors aren't just seeking income.

Before the advent of exchange-traded funds (ETFs), investing in collateralized loan obligations (CLOs) was limited to insurance companies, pension funds, sovereign wealth funds, and other institutional investors. In recent years, however, ETFs have significantly expanded access to CLOs.

Not long ago, CLO ETFs were niche vehicles only talked about at credit conferences and in sophisticated bond manager circles. But fast forward to 2026, and they've entered the mainstream – drawing meaningful interest from both institutions and retail investors.