RAAA

Investor Moves

Name	Value	Action	Change	Price	Current Price
Ken GriffinCitadel Advisors $-330.4K ExitQ1 2026 $330k -- $25.14
Jefferies GroupInvestor $992k39.7k shares AddQ1 2026 $4 $24.99 $25.14
Jefferies GroupInvestor $992k39.7k shares ExitQ4 2025 $999k $24.99 $25.14
Ken GriffinCitadel Advisors $330k13.2k shares ExitQ4 2025 $607k $24.99 $25.14
Jefferies GroupInvestor $992k39.7k shares TrimQ4 2025 $6.7k $24.99 $25.14

News

etftrends.comQ2 Symposium: The CLO Retail Renaissance With Reckoner Capitaletftrends.comJun 16

etftrends.comCLOs Emerge as a High-Conviction Option Amid Steady Inflowsetftrends.comJun 4

etftrends.comETF Launch Engine: Record-Setting Pace in 2026etftrends.comMay 7

etftrends.comModernize Fixed Income Portfolios With Income Alternativesetftrends.comMay 1

etftrends.comWrap-Up From VettaFi's Q2 Market Outlook Symposiumetftrends.comMay 1

Trade RAAA

About Reckoner Yield Enhanced AAA CLO ETF

The RAAA fund employs a leverage strategy, utilizing reverse repurchase agreements to achieve up to 50% additional exposure to U.S. dollar-denominated Collateralized Loan Obligations (CLOs). Its primary objectives are generating income and preserving capital, which it pursues by concentrating investments in AAA-rated CLO tranches. These tranches represent the most senior and highest-quality segments within a CLO structure, supported by diverse pools of underlying loans, often including leveraged loans. All eligible CLOs must carry an AAA rating or be determined to be of equivalent credit quality by the investment adviser. However, the fund has the flexibility to allocate a maximum of 20% of its assets to CLOs rated AA or A. The investment selection process follows a rigorous bottom-up methodology, assessing factors such as the expertise of the CLO manager, the specifics of the deal structure, the quality of the underlying collateral, projected cash flows, and market trading frequency. A particular emphasis is placed on identifying larger and more liquid transactions. The portfolio may also incorporate Exchange Traded Funds (ETFs) that align with similar investment objectives. The majority of the fund's holdings feature floating interest rates and are acquired from both initial issuance (primary) and existing market (secondary) sources. Allocation adjustments are made dynamically in response to prevailing market trends. Although classified as non-diversified, the fund mitigates concentration risk by capping investments in any individual CLO or CLO manager at 20% of its assets. This approach supports its twin goals of generating income and maintaining high credit quality.

IPO Date: Jan 1, 2025

Market Data

Open: $25.10
High: $25.10
Low: $25.10
Volume: 936
Avg Volume: 6.9K
52W High: $25.23
52W Low: $24.78

Valuation

Market Cap: $28M
Dividend Yield: 1.20%

Financials

Financial statement snapshot is not available yet.

Events

DividendJun 1

$0.103