Key stats
About iShares AAA CLO Active ETF
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Inception date
Jan 10, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
CLOA aims for capital preservation and current income by mainly investing in collateralized loan obligations (CLOs) that are rated AAA or equivalent. CLOs are issued by trusts or special purpose entities (SPEs) that are collateralized by a pool of loans. CLOs purchased by the fund will be the senior-most tranches, consisting of floating rate bonds that rank first in priority of payments. CLOs could be of any maturity, purchased from both the primary and secondary markets. Investments with lower credit ratings (AA and A) are limited to 20%. No single security comprises over 10% of the portfolio, and fixed-rate CLOs are capped at 10%. As an actively managed fund, CLOA has full discretion to make buy, sell, and hold decisions at any time. Prior to October 10, 2024, the fund used Blackrock for branding purposes instead of iShares.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized102.37%
Mutual fund0.92%
Cash−3.28%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CLOA last dividends amounted to 0.22 USD. The month before, the issuer paid 0.24 USD in dividends, which shows a 7.76% decrease.
CLOA assets under management is 990.18 M USD. It's risen 9.80% over the last month.
CLOA fund flows account for 647.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CLOA pays dividends to its holders with the dividend yield of 5.74%. The last dividend (Jul 7, 2025) amounted to 0.22 USD. The dividends are paid monthly.
CLOA shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jan 10, 2023, and its management style is Active.
CLOA expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
CLOA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CLOA invests in bonds.
CLOA price has fallen by −0.08% over the last month, and its yearly performance shows a −0.06% decrease. See more dynamics on CLOA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.25% increase in three-month performance and has increased by 6.16% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.25% increase in three-month performance and has increased by 6.16% in a year.
CLOA trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.