ETF profile for Reckoner Yield Enhanced Aaa Clo ETF (RAAA) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
RAAA ETF Profile
| Family: |
Reckoner |
| Name: |
Reckoner Yield Enhanced AAA CLO ETF |
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| Inception Date: |
9-Jul-2025 |
| Termination Date: |
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| Investment Objective: |
Reckoner Yield Enhanced AAA CLO ETF is an actively managed exchange-traded fund designed to enhance yield on a diverse portfolio of AAA-rated CLO bonds through the modest use of leverage, while seeking capital preservation. The Fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings made for investment purposes) in debt tranches of collateralized loan obligations ("CLOs") of any maturity or duration that are rated, at the time of purchase, AAA (or equivalent by a nationally recognized statistical rating organization ("NRSRO")), which is the most senior level of debt tranche and considered to be investment grade. An NRSRO is a credit rating agency that issues credit ratings and is subject to regulatory oversight by the SEC. For purposes of the Fund's investments, a CLO must be rated AAA (or equivalent) by at least one NRSRO, such as Standard and Poor's Financial Services LLC ("S&P "), Fitch Ratings, Inc. ("Fitch") or Moody's Investors Service, Inc. ("Moody's"), or, if unrated, determined by Reckoner Capital Management LLC, investment adviser to the Fund (the "Adviser"), to be of comparable quality. |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
1,800,000 |
| Total Net Assets: |
45,081,000 |
| NAV: |
25.06 |
| Net Expense Ratio: |
0.30% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Commodity: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
Fund Holds All Maturity Ranges |
| Market Cap: |
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| Credit Quality: |
Investment Grade Only |
| Mortgage Bond Types: |
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| Bond Type: |
Non - Government Asset Backed Securities |
| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
