TCW AAA CLO ETF

Frequently Asked Questions About ACLO

What does ACLO invest in?

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.

What is the expense ratio of ACLO?

TCW AAA CLO ETF (ACLO) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

What is ACLO's dividend yield?

ACLO's trailing-twelve-month yield is 4.88%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ACLO?

Effective duration measures ACLO's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ACLO's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ACLO?

ACLO's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ACLO?

Yield to maturity (YTM) is the total return you'd earn from ACLO if every bond in the portfolio is held to maturity at the current price. ACLO's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.