AUM $45.1MER 0.30%NAV $25.05Holdings —Inception Dec 2024
Price Chart
Key Statistics
Previous Close
$25.05Day Range
$25.07$25.07
52-Week Range
$24.84$25.16
Avg Volume
17.6KDividend Yield
3.58%Expense Ratio
0.30%AUM
$45.1MShares Outstanding
1.1METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Reckoner
- Types
- Floating RateIncome
- Inception Date
- Dec 31, 2024
- Exchange
- NYSE_ARCA
- Description
- RAAA uses up to 50% leverage through reverse repurchase agreements to increase exposure to USDdenominated collateralized loan obligations (CLOs). It seeks income and capital preservation by focusing on AAArated CLO tranches, the senior and highestquality part of a CLO structure backed by pools of loans, including leveraged loans. CLOs must be rated AAA or deemed comparable by the adviser. Up to 20% of assets may be allocated to AA or Arated CLOs. A bottomup process evaluates manager skill, deal structure, collateral, cash flow, and trading frequency, emphasizing larger and more liquid transactions. Investments may also include ETFs with similar strategies. Most holdings are floatingrate and sourced from both primary and secondary markets, with allocations adjusted based on market trends. The fund is nondiversified but limits holdings of any single CLO or manager to 20% to help manage risk while pursuing income and credit quality.
The Reckoner Yield Enhanced AAA CLO ETF (RAAA) is an exchange-traded fund issued by Reckoner that launched on Dec 31, 2024. It currently manages $45.1M in assets under management. The fund charges an expense ratio of 0.30%.
Top 10 holdings represent 47.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | CIFC Funding 2020-II Ltd 4.9529% 04/16/2039 | 6.64% | 3,000,000 | $3.0M |
| 2 | — | Goldentree Loan Management US Clo 17 Ltd 5.0092% 01/20/2039 | 4.77% | 2,150,000 | $2.2M |
| 3 | — | Sixth Street CLO XX Ltd 5.0695% 07/17/2038 | 4.46% | 2,005,000 | $2.0M |
| 4 | — | OHA Credit Funding 7 Ltd 5.0092% 07/19/2038 | 4.45% | 2,000,000 | $2.0M |
| 5 | — | Regatta 32 Funding Ltd 5.1502% 07/25/2038 | 4.44% | 2,000,000 | $2.0M |
| 6 | — | OHA Credit Funding 3 LTD 5.0492% 01/20/2038 | 4.44% | 2,000,000 | $2.0M |
| 7 | — | Texas Debt Capital CLO 2023-I Ltd 5.0292% 07/20/2038 | 4.44% | 2,000,000 | $2.0M |
| 8 | — | Ares LXXVII CLO Ltd 5.3625% 07/15/2038 | 4.44% | 2,000,000 | $2.0M |
| 9 | — | Apidos CLO XXXVII 5.0257% 10/22/2039 | 4.44% | 2,000,000 | $2.0M |
| 10 | — | Magnetite Xlii Ltd 5.1202% 01/25/2038 | 4.44% | 2,000,000 | $2.0M |
| 11 | — | CTM CLO 2025-2 Ltd 5.0492% 10/20/2038 | 4.44% | 2,000,000 | $2.0M |
| 12 | — | AGL CLO 6 LTD 5.0092% 04/20/2038 | 4.44% | 2,000,000 | $2.0M |
| 13 | — | AGL CLO 37 Ltd 4.9732% 04/22/2038 | 4.44% | 2,000,000 | $2.0M |
| 14 | — | Neuberger Berman Loan Advisers CLO 59 Ltd 5.0422% 01/23/2039 | 4.44% | 2,000,000 | $2.0M |
| 15 | — | Garnet CLO 4 Ltd 4.9692% 01/20/2039 | 4.44% | 2,000,000 | $2.0M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.06% | |
| 1W | +0.14% | |
| 1M | -0.18% | |
| 3M | -0.18% | |
| 6M | -0.02% | |
| YTD | +0.16% | |
| 1Y | -0.10% | |
| 3Y | +0.02% | |
| 5Y | +0.02% |
Moving Averages
20-Day MA
$25.07
Above 20-Day MA50-Day MA
$25.06
Above 50-Day MA200-Day MA
$25.05
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$25.16
Current Price
$25.07
52-Week Low
$24.84
$24.84$25.16
Current Yield
3.58%
Annual Dividend
$0.4140
Frequency
Monthlyx/year
Last Ex-Date
Jun 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 1, 2026 | $0.1030 | Jun 4, 2026 |
| May 1, 2026 | $0.1050 | May 6, 2026 |
| Apr 1, 2026 | $0.1030 | Apr 7, 2026 |
| Mar 2, 2026 | $0.1030 | Mar 5, 2026 |
| Mar 2, 2026 | $0.1027 | Mar 5, 2026 |
| Feb 2, 2026 | $0.1114 | Feb 5, 2026 |
| Feb 2, 2026 | $0.1110 | Feb 5, 2026 |
| Dec 23, 2025 | $0.1300 | Dec 30, 2025 |
| Dec 23, 2025 | $0.1297 | Dec 30, 2025 |
| Dec 1, 2025 | $0.1010 | Dec 5, 2025 |
| Dec 1, 2025 | $0.1010 | Dec 5, 2025 |
| Nov 3, 2025 | $0.1180 | Nov 7, 2025 |
| Nov 3, 2025 | $0.1177 | Nov 7, 2025 |
| Oct 1, 2025 | $0.1444 | Oct 7, 2025 |
| Oct 1, 2025 | $0.1440 | Oct 7, 2025 |
| Sep 2, 2025 | $0.1082 | Sep 8, 2025 |
| Sep 2, 2025 | $0.1080 | Sep 8, 2025 |
| Aug 1, 2025 | $0.0730 | Aug 7, 2025 |
| Aug 1, 2025 | $0.0730 | — |
Dividend Payments Over Time
Category Comparison
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