Reckoner BBB-B CLO Reinvesting ETF logo

Reckoner BBB-B CLO Reinvesting ETF (RCLR)

Market Closed
11 Aug, 20:00
AMEX AMEX
$
51. 02
+0.02
+0.0351%
$
15.26M Market Cap
- Div Yield
299 Volume
$ 51
Previous Close
Add Transaction
Day Range
51 51.02
Year Range
48.14 51.02
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Summary

RCLR closed today higher at $51.02, an increase of 0.0351% from yesterday's close, completing a monthly increase of 0.4528% or $0.23. Over the past 12 months, RCLR stock gained 1.9177%.
RCLR is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

RCLR Chart

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RCLR: A Disciplined Approach to BBB-B Credit

RCLR: A Disciplined Approach to BBB-B Credit

Barriers to entry for sophisticated asset classes like collateralized loan obligations (CLOs) are rapidly falling thanks to the ETF. Reckoner Capital Management continues to be at the forefront of democratizing access with the launch of the Reckoner BBB-B CLO Reinvesting ETF (RCLR).

Etftrends | 3 months ago

Reckoner BBB-B CLO Reinvesting ETF (RCLR) FAQ

What is the stock price today?

The current price is $51.02.

On which exchange is it traded?

Reckoner BBB-B CLO Reinvesting ETF is listed on AMEX.

What is its stock symbol?

The ticker symbol is RCLR.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 15.26M.

Has Reckoner BBB-B CLO Reinvesting ETF ever had a stock split?

No, there has never been a stock split.

Reckoner BBB-B CLO Reinvesting ETF Profile

AMEX Exchange
US Country

Overview

The fund is dedicated to achieving total return by primarily investing in collateralized loan obligation (CLO) tranches that carry ratings within the BBB to B range. This investment strategy is complemented by a reinvesting structure designed to effectively manage credit exposure, while optimizing income generation within the CLO market. By focusing on this specific rating spectrum, the fund aims to strike a balance between risk and return, capitalizing on opportunities present within the CLO debt market.

Products and Services

  • CLO Tranches Investment

    The fund primarily invests in CLO tranches that are rated between BBB and B. These tranches are selected based on their potential for solid returns while maintaining manageable levels of credit risk. By focusing on this range, the fund aims to optimize performance while navigating the complexities of the credit market.

  • Active Credit Exposure Management

    The fund employs a proactive management approach to actively monitor and adjust credit exposure. This service is crucial for ensuring that investments align with changing market conditions and credit quality of underlying loans, thereby mitigating risks associated with defaults and downgrades.

  • Income Generation Strategies

    The fund's structure is designed for ongoing reinvestment, which is vital for income generation. Through strategic purchases and the reinvestment of returns, the fund aims to maximize income while maintaining a focus on potential capital appreciation against market fluctuations.

  • Market Analysis and Research

    The fund conducts in-depth market analysis to identify trends, opportunities, and risks within the CLO sector. This research is essential for informed decision-making and helps the fund to remain agile in its investment strategies, ensuring alignment with the broader economic landscape.

  • Risk Management Framework

    The fund employs robust risk management protocols to assess and mitigate potential risks related to investments in CLOs. This includes comprehensive evaluations of credit risks and market conditions, ensuring a balanced approach to preserving capital while pursuing total return objectives.

Contact Information

Address: 11 East 26th Street
Phone: 1 855 843 2534