Gain exposure to a diversified portfolio of AAA-rated collateralized loan obligations (CLOs).
First Priority CLO Bond ETF [Ticker: AAA]
Alternative Access’ AAA ETF seeks capital preservation and income by trying to provide credit investors with diversified exposure to AAA-rated CLOs. AAA CLOs are a type of debt security supported by cashflows from secured, first lien loans.
- Provides efficient, direct access to AAA-rated CLO bonds
- Seeks to deliver relatively higher income by investing principally in AAA-rated or equivalent Collateralized Loan Obligations (CLOs)”
- Offers diversification benefits through a broad spectrum of underlying corporate borrowers
- Actively managed with a strict set of investment guidelines
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| Schedule of Investments | --- |
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| FUND DATA & PRICING | |
|---|---|
| Net Assets as of 11/20/2024 | $25.06m |
| NAV | $25.06 |
| Shares Outstanding | 1,000,000 |
| Premium/discount Percentage | 0.38% |
| Closing Price | $25.16 |
| 30 Day Median Bid/Ask Spread | --- |
Data as of 11/20/2024
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
Median Bid/Ask Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
| FUND DETAILS | |
|---|---|
| Inception Date | 09/09/2020 |
| Ticker | AAA |
| Primary Exchange | NYSE |
| CUSIP | 46144X610 |
| Asset Class | Fixed Income |
| Number of Holdings | 42 |
| IOPV Symbol | AAA.IV |
| NAV Symbol | AAA.NV |
| Expense Ratio | 0.25% |
| 30 Day SEC Yield * | 6.27% |
* As of 30 September 2024
| PERFORMANCE | Returns as of 10/31/2024 | ||||||
|---|---|---|---|---|---|---|---|
| AVG. ANNUALIZED | |||||||
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | Since Inception | Since Inception (cumulative) | |
| Market Price | 0.56% | 1.54% | 5.72% | 7.65% | 4.99% | 3.87% | 17.04% |
| Fund NAV | 0.56% | 1.55% | 5.75% | 7.51% | 4.76% | 3.78% | 16.64% |
| Bloomberg Barclays US FRN < 5 Years Index | 0.50% | 1.47% | 5.44% | 6.62% | 4.50% | 3.44% | 15.07% |
Expense ratio: 0.25%
Data will be updated upon rolling performance after September 30, 2020. Returns greater than 1 year are annualized except where noted.
The Bloomberg Barclays Floating Rate Note < 5 Years Total Return Index measures the performance of USD denominated, investment grade, floating-rate notes across corporate and government-related sectors. It is not possible to invest in an index.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 323-925-3305.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
The market price is the final price at which a security is traded on a given trading day. Net Asset Value (NAV) is value per share on a specific date or time.
| DISTRIBUTION DETAIL | |||
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| EX-Date | Record Date | Payable Date | Amount |
| 30 January 2024 | 31 January 2024 | 1 February 2024 | 0.117418 |
| 28 February 2024 | 29 February 2024 | 1 March 2024 | 0.132050 |
| 27 March 2024 | 28 March 2024 | 1 April 2024 | 0.135142 |
| 30 April 2024 | 1 May 2024 | 2 May 2024 | 0.11605 |
| 31 May 2024 | 31 May 2024 | 3 June 2024 | 0.14804 |
| 28 June 2024 | 28 June 2024 | 1 July 2024 | .12955 |
| 31 July 2024 | 31 July 2024 | 1 August 2024 | .1455 |
| 30 August 2024 | 30 August 2024 | 3 September 2024 | 0.1340 |
| 30 September 2024 | 30 September 2024 | 1 October 2024 | 0.129963 |
| 31 October 2024 | 31 October 2024 | 1 November 2024 | 0.129755 |
| 29 November 2024 | 29 November 2024 | 2 December 2024 | Pending |
| 26 December 2024 | 26 December 2024 | 30 December 2024 | Pending |
| KEY METRICS | As of 10/01/2024 |
|---|---|
| Days at Premium YTD | 185 |
| Days at NAV YTD | 0 |
| Days at Discount YTD | 4 |
| Days at Premium Prior Year | 101 |
| Days at NAV Prior Year | 2 |
| Days at Discount Prior Year | 147 |
| TOP 10 HOLDINGS | ||||
|---|---|---|---|---|
| Percentage Of Net Assets | Name | CUSIP | Shares Held | Market Value |
| 5.80 | CASH | CASH | 1452298 | 1452298.01 |
| 4.14 | WELF 2024-1A A1 V/R 07/18/37 | 94951AAA7 | 1000000 | 1038150.51 |
| 4.05 | CARVL 2024-3A A1 V/R 10/20/37 | 14688RAA8 | 1000000 | 1015424.87 |
| 4.04 | ROCKT 2024-1A A1 V/R 04/20/37 | 77342BAA8 | 1000000 | 1011922.85 |
| 4.04 | OCT29 2016-1A A1 V/R 07/18/37 | 67591JAU6 | 1000000 | 1011505.51 |
| 4.04 | NEUB 2020-39A A1 V/R 04/20/38 | 64134GAL3 | 1000000 | 1011319.53 |
| 4.04 | CARVL 2022-2A A1 V/R 10/22/37 | 14686NAL5 | 1000000 | 1010917.07 |
| 4.03 | CIFC 2019-6A A1R V/R 07/16/37 | 12555XAN1 | 1000000 | 1010042 |
| 4.03 | VENTR 2022-46A A V/R 10/20/37 | 92326CBA4 | 1000000 | 1009218.71 |
| 4.02 | LCM 41A A1 V/R 04/15/36 | 501971AA3 | 1000000 | 1007884.79 |
Data as of 11/19/2024. Holdings are subject to change.
| LIBRARY | |||
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| File | Description | HTML | |
| AAA Fund Fact Sheet | --- |
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CONTACT US
- 360 N. Pacific Coast Highway, Suite 2000, El Segundo, California 90245
- 323-925-3305
- information@altacfunds.com