Invesco AAA CLO Floating Rate Note ETFICLO
ICLO
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
15% more funds holding
Funds holding: 27 [Q2] → 31 (+4) [Q3]
8% more capital invested
Capital invested by funds: $70.8M [Q2] → $76.3M (+$5.55M) [Q3]
3.91% less ownership
Funds ownership: 51.53% [Q2] → 47.63% (-3.91%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 0 (-3) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for ICLO.
Financial journalist opinion
Positive
ETF Trends
2 weeks ago
4 Invesco Fixed Income ETFs for 2025
As investors prepare portfolios for the new year, four fixed income ETFs are worth consideration for 2025. 1. Invesco Senior Loan ETF (BKLN) As investors look for fixed income ETFs well-positioned for 2025, bank loans should not be overlooked.
Positive
Seeking Alpha
2 months ago
ICLO: Not A Fund I'd Consider With Rates Dropping
Floating rate notes excelled during the Fed's rate hike cycle, but their appeal may wane as we enter a rate-cutting phase. The Invesco AAA CLO Floating Rate Note ETF focuses on top-quality AAA-rated collateralized loan obligations, offering higher credit quality and protection against defaults. ICLO's narrow focus on AAA-rated CLOs might lead to lower returns compared to funds with riskier assets, especially in a tight credit spread environment.
Positive
ETF Trends
3 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
4 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
5 months ago
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.
Positive
Seeking Alpha
6 months ago
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.
Positive
Seeking Alpha
6 months ago
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.
Neutral
Zacks Investment Research
11 months ago
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.
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