Invesco EUR AAA CLO UCITS ETF Dist
Issuer: Invesco |
Asset Class: Fixed Income |
TER: 0.0035 |
Trading Currency: EUR |
Pays Income: True |
Listing Date: 10 Feb 2025 |
Ticker: CLOD_LN |
ISIN: IE000U7LIXH5 |
The Invesco EUR AAA CLO UCITS ETF Dist is an exchange-traded fund (ETF) that seeks to provide investors with exposure to a diversified portfolio of AAA-rated Collateralized Loan Obligations (CLOs) in euros. CLOs are structured financial products that pool together commercial loans and other debt obligations into a single security, which is then divided into tranches based on risk and return profiles.
By investing in this ETF, investors can gain access to a portfolio of high-quality CLOs, which offer attractive yields compared to traditional fixed-income securities. The ETF aims to provide investors with regular income distributions, making it a suitable option for income-focused investors seeking exposure to the European leveraged loan market.
Additionally, the ETF is designed to provide investors with a high level of liquidity, as it trades on stock exchanges like a regular stock. This allows investors to easily buy and sell shares in the ETF throughout the trading day at market prices.
Overall, the Invesco EUR AAA CLO UCITS ETF Dist offers investors a convenient and cost-effective way to gain exposure to the European leveraged loan market through a diversified portfolio of AAA-rated CLOs. This can help investors diversify their fixed-income holdings and potentially enhance their overall investment returns.