Fixed Income

CLOR

iShares $ AAA CLO Active UCITS ETF ACTIVE

  • NAV as of 04/Dec/2025 USD 1,021.19
  • 1 Day NAV Change as of 04/Dec/2025 USD -0.56 (-0.06%)
  • Weighted Average YTM as of 04/Dec/2025 4.96%

Overview

WHY CLOR?

  1. The Fund is actively managed.
  2. The Fund will invest a minimum of 80% in AAA-rated CLOs and may invest up to 20% in tranches of CLOs rated at least A-.
  3. The investment manager has discretion to select the Fund’s investments without reference to a benchmark. Investors may use the J.P. Morgan CLOIE AAA Index to compare the performance of the Fund.

INVESTMENT OBJECTIVE

The Fund aims to provide a total return, comprising income and capital, by investing in a portfolio predominantly of Dollar-denominated AAA-rated collateralized loan obligations (CLOs). The Fund is not suitable for retail investors unless the investor in question qualifies as an "advanced investor" as prescribed by the European MiFID Template (EMT), being an investor who has good knowledge of relevant financial products and transactions and/or has financial industry experience or whose investment is accompanied by professional investment advice or included in a discretionary portfolio service.

Important Information: 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.

Collateralised Loan Obligations are subject to the same risks described for fixed income securities. These instruments may be subject to 'Liquidity Risk', have high levels of borrowing and may not fully reflect the value of underlying assets.Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Non-investment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of risk.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company
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Performance

Performance

This chart has been left intentionally blank as there is less than one year's performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets
as of 04/Dec/2025
USD 56,950,567
Share Class launch date
18/Jul/2025
Share Class Currency
USD
Asset Class
Fixed Income
SFDR Classification
Other
Total Expense Ratio
0.25%
Use of Income
Accumulating
UCITS Compliant
Yes
Fund Manager
BlackRock Asset Management Ireland Limited
Custodian
The Bank of New York Mellon SA/NV, Dublin Branch
Bloomberg Ticker
CLOR PA
ISA Eligibility
Yes
Net Assets of Fund
as of 04/Dec/2025
USD 56,950,567
Fund Launch Date
18/Jul/2025
Fund Base Currency
USD
Comparator Benchmark 1
JP Morgan CLOIE AAA Index (USD)
Shares Outstanding
as of 04/Dec/2025
55,769
ISIN
IE000GW790Q8
Domicile
Ireland
Issuing Company
iShares II plc
Administrator
BNY Mellon Fund Services (Ireland) Designated Activity Company
Fiscal Year End
31 October
SIPP Available
Yes
UK Reporting Status
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 04/Dec/2025
43
Weighted Average YTM
as of 04/Dec/2025
4.96%
Weighted Avg Maturity
as of 04/Dec/2025
4.34
Standard Deviation (3y)
as of -
-
Weighted Avg Coupon
as of 04/Dec/2025
5.35
Effective Duration
as of 04/Dec/2025
0.15

Ratings

Registered Locations

Registered Locations

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Liechtenstein

  • Luxembourg

  • Netherlands

  • Norway

  • Saudi Arabia

  • Spain

  • Sweden

  • Switzerland

  • United Kingdom

Holdings

Holdings

as of 04/Dec/2025
Issuer Weight (%)
RRAM_18-R-1AR 6.20
INVCO_23-3A -AR 5.76
PIPK_18-A1 4.42
FLAT_20-1ARR-A1R 3.82
AGL_21_11A-A1R 3.55
Issuer Weight (%)
TREST_25-9A-A1 3.54
OCP_25-45-A 3.53
BCC_25-4A-A1 3.53
ARIN_3A-A 3.53
AGL_25-45-A 3.52
Issuer Ticker Name Type Sector Asset Class Market Value Weight (%) Notional Value Nominal Par Value ISIN Price Location Exchange Currency Duration YTM (%) FX Rate Maturity Coupon (%) Mod. Duration Yield to Call (%) Yield to Worst (%) Market Currency Effective Date Strike price
Detailed Holdings and Analytics
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

Exposure Breakdowns

as of 04/Dec/2025

% of Market Value

Type Fund
as of 04/Dec/2025

% of Market Value

Type Fund
as of 04/Dec/2025

% 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 RIC
Nyse Euronext - Euronext Paris CLOR USD 24/Jul/2025 BVPMSW5 CLOR PA CLOR.PA
SIX Swiss Exchange CLOR USD 04/Sept/2025 BS49B05 CLOR SE CLOR.S

Portfolio Managers

Portfolio Managers

Nidhi Patel
Nidhi Patel
Director

Nidhi Patel, Director, is a member of BlackRock’s Fundamental Fixed Income platform.

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Nidhi Patel, Director, is a member of BlackRock’s Fundamental Fixed Income platform. She is a portfolio manager for CLOs, responsible for research, selection, and trading of third-party CLOs managed on behalf of client separately managed accounts and CLO allocations for various BlackRock funds.

 

Prior to joining BlackRock, she held a similar role at MKP Capital Management where she worked for 9 years in various securitized asset classes. Earlier in her career, Nidhi worked at Deloitte & Touche where she was a Senior Auditor focused on CLO/CDO advisory and, prior to that, was an Auditor at Arthur Andersen.

 

Ms. Patel earned a BS degree in Accounting from Binghamton University School of Management and is a licensed CPA in New York.

Saffet Ozbalci
Saffet Ozbalci
Managing Director, Global Head of Structured Credit

Saffet Ozbalci, Managing Director, Global Head of Structured Credit within BlackRock’s Fundamental Fixed Income platform.

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Saffet Ozbalci, Managing Director, Global Head of Structured Credit within BlackRock’s Fundamental Fixed Income platform. He is responsible for leading BlackRock’s CLO investing and broadly syndicated CLO management businesses.

 

Prior to joining BlackRock in 2012, Mr. Ozbalci was Head of CLO Trading at BNP Paribas. Previously, Mr. Ozbalci was a portfolio manager at Barclays Global Investors (BGI), primarily responsible for investments in securitized assets including ABS, RMBS, CLO and CDOs. In his previous role, he was the lead portfolio manager at Securities Finance Trust Company, primarily focusing on securitized assets and portfolio structuring.

 

Mr. Ozbalci earned a BS degree in Civil Engineering from Middle East Technical University and an MBA/MS degree in Finance from Boston College.

Tyler Debussey
Tyler Debussey
Director

Tyler Debussey, Director, is a portfolio manager and trader on the CLO investment team within BlackRock's Global Fixed Income group.

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Tyler Debussey, Director, is a portfolio manager and trader on the CLO investment team within BlackRock's Global Fixed Income group.

 

Prior to this role, Tyler was a portfolio manager on the CorePM-Securitized team within the Global Fixed Income group, managing portfolio allocations and strategies of Structured Products across the Fixed Income platform with a focus on FIG and Short Duration mandates.

 

Tyler started his career in BlackRock Solutions, most recently as a member of the Product Marketing team within Aladdin Product Services and was responsible for driving user education, product deployment, business development, and feature adoption of AnSer, Aladdin's comprehensive risk analytics tool.

 

Tyler earned a B.S.E. degree in Mechanical Engineering from the University of Wisconsin-Madison.

Literature

Literature