Reckoner Yield Enhanced AAA CLO ETF (RAAA)
| Assets | $37.51M |
| Expense Ratio | 0.30% |
| PE Ratio | n/a |
| Shares Out | 1.50M |
| Dividend (ttm) | $1.31 |
| Dividend Yield | 5.22% |
| Ex-Dividend Date | Oct 1, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 15,430 |
| Open | 25.04 |
| Previous Close | 25.00 |
| Day's Range | 25.04 - 25.04 |
| 52-Week Low | 24.78 |
| 52-Week High | 25.21 |
| Beta | n/a |
| Holdings | 64 |
| Inception Date | Jul 9, 2025 |
About RAAA
Fund Home PageThe Reckoner Yield Enhanced AAA CLO ETF (RAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in USD-denominated floating rate CLOs that are rated AAA or equivalent. The fund uses up to 50% leverage to seek higher income while focusing on credit quality and capital preservation. RAAA was launched on Jul 9, 2025 and is issued by Reckoner.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2026 | $0.10182 | Oct 6, 2026 |
| Sep 1, 2026 | $0.11352 | Sep 4, 2026 |
| Aug 3, 2026 | $0.11187 | Aug 6, 2026 |
| Jul 1, 2026 | $0.10746 | Jul 7, 2026 |
| Jun 1, 2026 | $0.1029 | Jun 4, 2026 |
| May 1, 2026 | $0.10498 | May 6, 2026 |
Performance
RAAA had a total return of 5.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.42%.
News
Unlock CLO Arbitrage With Reckoner Capital's Active Strategy
Fixed-income investors in the current market environment frequently struggle to balance yield generation and credit safety. In a recent webinar with TMX VettaFi, John Kim, CEO of Reckoner Capital, exp...
Why CLO Optionality Is Essential for Modern Income Investors
The structured credit landscape has evolved rapidly, we believe making structural flexibility and portfolio optionality imperative for modern income investors. That said, collateralized loan obligatio...
The Specialist Advantage: Reckoner Capital's Active CLO Focus
In an investment landscape increasingly crowded by ETF generalists, Reckoner Capital stands apart through a singular focus as an active credit manager. Their investment philosophy is rooted in a funda...
Why CLOs Offer More Stable Yield Potential Than Corporate Credit
While traditional corporate bonds remain a default choice for income-focused portfolios, historical default data and market structures reveal a compelling anomaly. Collateralized loan obligations (CLO...
Reckoner Yield Enhanced AAA CLO ETF (RAAA) Outperforms Benchmark and Peer Group in First Full Year
Reckoner Capital marked the one-year anniversary of the Reckoner Yield Enhanced AAA CLO ETF, the industry's first ETF to provide leveraged AAA CLO exposure
Reckoner Capital Management Expands CLO ETF Suite with Reinvesting and Annual Distribution Options
NEW YORK, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Reckoner Capital Management (“Reckoner”), a global asset management firm with specialized expertise in alternative credit, today announced a new suite of ac...
Reckoner Capital Management Launches First-Ever Leveraged AAA CLO ETF
NEW YORK--(BUSINESS WIRE)-- #AAACLO--Reckoner Capital Management announced the launch of the Reckoner Leveraged AAA CLO ETF (NYSE: RAAA), the first-ever levered AAA CLO ETF.