Fixed Income

CLOA

BlackRock AAA CLO ETF ACTIVE

Overview

Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

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Performance

Performance

Chart

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Distributions

Record Date Ex-Date Payable Date
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This chart shows the fund's performance as the percentage loss or gain per year over the last 0 years.

  2019 2020 2021 2022 2023
Total Return (%)
Benchmark (%)
  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of 31-Mar-2024

- - - - 9.07
Benchmark (%)

as of 31-Mar-2024

- - - - 8.77
  1y 3y 5y 10y Incept.
9.07 - - - 8.66
Benchmark (%) 8.77 - - - 8.46
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
1.91 0.48 1.91 4.18 9.07 - - - 10.68
Benchmark (%) 1.84 0.53 1.84 4.07 8.77 - - - 10.44
The performance quoted represents past performance and does not guarantee future results. 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 the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

Key Facts

Key Facts

Net Assets of Fund
as of 29-May-2024
USD 259,233,705
Exchange
NASDAQ
Benchmark Index
JP Morgan CLOIE AAA Index (USD)
Premium/Discount
as of 29-May-2024
0.24%
Volume - 1d
as of 29-May-2024
81,436.00
Fund Launch Date
10-Jan-2023
Asset Class
Fixed Income
Distribution Frequency
Monthly
CUSIP
092528504

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 28-May-2024
144
12 Month Trailing Dividend Distribution Yield
as of 28-May-2024
6.08
Weighted Average YTM
as of 28-May-2024
6.90
Weighted Avg Maturity
as of 28-May-2024
2.61
Option Adjusted Spread
as of 28-May-2024
137.10
Equity Beta (3y)
as of -
-
Standard Deviation (3y)
as of -
-
Weighted Avg Coupon
as of 28-May-2024
6.97
Effective Duration
as of 28-May-2024
0.16

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in combination with other information in the research phase of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Fees

Fees

as of current prospectus
Management Fee 0.20
Acquired Fund Fees and Expenses 0.00
Foreign Taxes and Other Expenses 0.00
Gross Expense Ratio 0.20

Registered Locations

Registered Locations

Holdings

Holdings

as of 28-May-2024
Issuer Weight (%)
APID_33A-AR 1.94
SIXST_21-17A-A 1.64
RAD_23-22A-A1 1.61
ELMW8_21_1A-AR 1.56
BSP_20-21A-A1R 1.55
Issuer Weight (%)
AGL_21-12A-A1 1.55
GCBSL_20-48A-A1 1.55
WBOX_3-A1 1.53
VYSPK_1R-AR 1.42
ARES_20-56A-AR 1.37
Name Sector Asset Class Market Value Weight (%) Notional Value Par Value CUSIP ISIN SEDOL Location Exchange Currency Duration YTM (%) FX Rate Maturity Coupon (%) Mod. Duration Yield to Call (%) Yield to Worst (%) Real Duration Real YTM (%) Market Currency Accrual Date Effective Date
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.



The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Exposure Breakdowns

as of 28-May-2024

% of Market Value

Type Fund
as of 28-May-2024

% of Market Value

Type Fund
The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of 28-May-2024

% of Market Value

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security, the lower of the two ratings if only two agencies rate a security, and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

Listings

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker
NASDAQ CLOA USD 12-Jan-2023 - -

Portfolio Managers

Portfolio Managers

Saffet Ozbalci
Saffet Ozbalci
Peter Hirsh
Peter Hirsh
Nidhi Patel
Nidhi Patel

Literature

Literature