AAA Stock Discussion

AAF First Priority CLO Bond ETF Description

The investment seeks capital preservation and income. The fund is an actively-managed exchange-traded fund (?ETF?) that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings made for investment purposes) in AAA rated first priority debt tranches of U.S. dollar-dominated collateralized loan obligations (?CLOs?). It may invest in CLOs of any maturity. The fund is actively managed and does not seek to track the performance of any particular index.

Keywords: Exchange Traded Funds Structured Finance Loan Collateralized Debt Obligation Fixed Income Securities Exchange Traded Products Collateralized Loan Obligation