TCW AAA CLO ETF (ACLO)
TCW AAA CLO ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $50.41, up 0.01% on the session, giving a market capitalisation of $388.8M. Its beta of 0.04 implies it has historically moved less than the broad market.
The TCW AAA CLO ETF (ACLO) aims to deliver both a consistent income stream and robust protection for invested capital. This dual objective is achieved because the fund holds the most senior, highest-rated position within the investment's capital structure. Furthermore, its floating interest rate feature helps mitigate its vulnerability to fluctuations in market interest rates.
TCW AAA CLO ETF is most often compared with the following Financial Services names: