Invesco AAA CLO Floating Rate Note ETF
ICLO

$25.69

0.02%

Market Cap: $155M

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1,200% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 1

200% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 3 (+2) [Q2]

92% more capital invested

Capital invested by funds: $36.9M [Q1] → $70.8M (+$33.9M) [Q2]

80% more funds holding

Funds holding: 15 [Q1] → 27 (+12) [Q2]

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

6.14% less ownership

Funds ownership: 57.67% [Q1] → 51.53% (-6.14%) [Q2]

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Research analyst outlook

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

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Financial journalist opinion

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.

Is CLO Outperformance Set To Continue?

ICLO: AAA-Rated CLO ETF, Good 6.7% SEC Yield, Strong Performance

ICLO focuses on AAA-rated CLOs, high-quality, variable rate investments. I'm bullish on ICLO due to its 6.7% SEC yield, stable share price, and strong performance track record. It seems like a particularly compelling opportunity for more risk-averse, short-term investors.

ICLO: AAA-Rated CLO ETF, Good 6.7% SEC Yield, Strong Performance

ICLO: Invests In AA-AAA Rated CLOs

Invesco AAA CLO Floating Rate Note ETF primarily invests in floating rate note securities issued by collateralized loan obligations rated AAA or AA. The ETF has $124 million in assets under management and a trailing twelve-month yield of 7.7%. After reviewing the ICLO ETF, I compare its performance against two other CLO ETFs that invest lower on the ratings scale with better results.

ICLO: Invests In AA-AAA Rated CLOs

ICLO: Invesco's AAA CLO Fund, 6.7% Yield

This article analyzes the Invesco AAA CLO Floating Rate Note ETF, focusing on its composition, performance, risks, and suitability for investors. ICLO invests in AAA (and a small portion in AA) CLO tranches, offering a 6.7% 30-day SEC yield. The fund has performed in line with similar AAA CLO ETFs since 2023.

ICLO: Invesco's AAA CLO Fund, 6.7% Yield

Zacks Investment Research

Fed Rate Cut Bets Ease: 5 ETF Areas at a 52-Week High

The bets over imminent Fed rate cuts weakened on central banks' cues. These ETFs that offer protection against rising rates are at a 52-week high currently.

Fed Rate Cut Bets Ease: 5 ETF Areas at a 52-Week High

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