ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Artificial Intelligence
      • Beyond Basic Beta
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Investing
      • ETF Education
      • ETF Strategist
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Institutional Income Strategies
      • Leveraged & Inverse
      • Managed Futures
      • Market Insights
      • Modern Alpha
      • Multifactor
      • Responsible Investing
      • Retirement Income
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Commodities
        • Gold/Silver/Critical Minerals
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Alternative Access Funds To Launch CLO Bond ETF, ‘AAA’
News
Share

Alternative Access Funds To Launch CLO Bond ETF, ‘AAA’

Aaron NeuwirthAug 11, 2020
2020-08-11

On Tuesday, Alternative Access Funds, LLC (“AAF”) announced that its registration for the AAF First Priority CLO Bond ETF (AAA) is currently scheduled to become effective on August 14th, 2020. Alternative Access is expected to be one of the first in the industry to give investors the ability to purchase exposure to the first-priority collateralized loan obligation (“CLO”) bonds space via an ETF product.

This is something of a milestone for those involved. After spending 17 years on Wall Street, Peter Coppa founded Alternative Access Funds in 2018 with the aim of providing broader access to financial products typically only accessible to wealthy and institutional investors.

“Alternative Access strives to level the playing field in all areas of the investment universe, particularly with credit products, giving both institutional and retail investors greater access, liquidity, and transparency,” Cappa notes. “With the recent adoption of other credit-focused ETFs, we felt that the natural evolution was for a first-priority CLO bond instrument, especially as investors are thirsting for yield, with strong capital preservation characteristics.”

The new ETF will focus its investments in US dollar-denominated first-priority AAA-rated CLO bonds with the aim of delivering returns consistent with the general broadly syndicated floating rate AAA-rated CLO bond universe. The ETF’s investment objective is to seek capital preservation and income.

Two other partners, Todd Themistocles and Steve Kim, will help manage Alternative Access’ ETF efforts. The AAA ETF is expected to begin trading in early September if all approvals and launch objectives are met.

The AAF First Priority CLO Bond ETF is distributed by Quasar Distributors, LLC.

To learn more about the fund or AAF, visit their website, https://altacfunds.com/.

This article originally appeared on ETFTrends.com.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Oct 02

ROSC Accesses Small-Cap Value Stocks

Oct 02

Shutdown Avoided! Now Buy Some Treasuries

Oct 02

Top Performing ETFs: Income and Asia ETFs on Top

Oct 02

World Markets Watchlist: October 2

Oct 02

DBMF a Strong Buy at Start of 4th Quarter

Oct 02

The U.S. Government Didn’t Shut Down, Treasury Yields Are Now Up

Oct 02

DGRW Nets Nearly $250 Million in One-Week Flows

Oct 02

Treasury Yields: The Long-Term Perspective

Oct 02

Ether Futures ETFs Debut as Crypto Fever Heats Up Again

Oct 02

With EFUT, VanEck Eyes Ether Futures

QQQ

Invesco QQQ Trust Series I

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

JEPI

JPMorgan Equity Premium...

TLT

iShares 20+ Year Treasury...

SCHD

Schwab US Dividend Equity ETF...

SMH

VanEck Semiconductor ETF

TSLY

YieldMax TSLA Option Income...

VGT

Vanguard Information...

VTI

Vanguard Total Stock Market...


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X