Fund Description
The Reckoner Yield Enhanced AAA CLO Reinvesting ETF seeks an enhanced total return on a diverse portfolio of AAA-rated CLO assets while seeking compounding value through continuous asset growth. RAAR is designed to create long-term shareholder value by maximizing the reinvestment of underlying portfolio returns through the strategic use of leverage and distribution minimization. The Fund is actively managed and invests primarily in affiliated ETFs
Fund Highlights
Seeks Enhanced Yield Through Leveraged CLO AAA Exposure
The fund aims to provide enhanced yield compared to traditional fixed-income investments by strategically employing leverage on a portfolio of AAA-rated CLO bonds
Active Management
The fund is actively managed by experienced professionals who specialize in CLO investments. This active approach allows for dynamic portfolio adjustments and strategic selection of AAA-rated CLO bonds, seeking to optimize returns and manage risk in evolving market conditions
Seeks High Quality AAA-Rated Assets
The fund seeks high quality assets by investing in AAA-rated CLO tranches, the most senior issuance of the CLO structure. No AAA CLO bond has ever defaulted in the 30+ year history of the CLO market*
Fund Details
| Ticker | RAAR |
| CUSIP | 00777X496 |
| Gross Expense Ratio | 0.40% |
| Net Annual Expense Ratio | 0.40% |
| Inception Date | February 11, 2026 |
| Total Net Assets of Fund as of |
- |
| Exchange | NYSE ARCA |
| Benchmark Index | J.P. Morgan CLO AAA Index |
Pricing Data
| Closing Price as of |
- |
| Shares Outstanding as of |
- |
| Premium/Discount as of |
- |
| 30 Day Avg. Volume as of |
- |
| Daily Volume as of |
- |
| 30 Day Median Bid/Ask Spread as of |
- |