CLOA aims for capital preservation and current income by mainly investing in collateralized loan obligations (CLOs) that are rated AAA or equivalent. CLOs are issued by trusts or special purpose entities (SPEs) that are collateralized by a pool of loans. CLOs purchased by the fund will be the senior-most tranches, consisting of floating rate bonds that rank first in priority of payments. CLOs could be of any maturity, purchased from both the primary and secondary markets. Investments with lower credit ratings (AA and A) are limited to 20%. No single security comprises over 10% of the portfolio, and fixed-rate CLOs are capped at 10%. As an actively managed fund, CLOA has full discretion to make buy, sell, and hold decisions at any time.
公司网站 :
https://www.blackrock.com/il/intermediaries/en/products/330488/blackrock-aaa-clo-etf
总经理:-
建立时间:2023
公司总部:BlackRock AAA CLO ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds