iShares BBB-B CLO Active ETF

Frequently Asked Questions About BCLO

What does BCLO invest in?

The iShares BBB-B CLO Active ETF is designed to offer investors both capital protection and consistent earnings. It accomplishes this by primarily allocating its assets to a collection of collateralized loan obligations (CLOs), specifically those with credit ratings falling within the BBB+ to B- range.

What is the expense ratio of BCLO?

iShares BBB-B CLO Active ETF (BCLO) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

What is BCLO's dividend yield?

BCLO's trailing-twelve-month yield is 6.35%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BCLO?

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

What is the credit quality of BCLO?

BCLO'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 BCLO?

Yield to maturity (YTM) is the total return you'd earn from BCLO if every bond in the portfolio is held to maturity at the current price. BCLO'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.