
See exactly how ACLO's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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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.

TCW global head of distribution Jennifer Grancio says it's a ‘really interesting time' in the active fixed income management space. She sits down with CNBC's Dominic Chu on “ETF Edge” to discuss the latest trends and flows she's seeing, including CLO ETFs.

Active fixed income ETFs gathered an impressive 38% of the $173 billion of net inflows in the 12 months ended January 2026. TCW's recent expansion serves as a strong case study in how a legacy bond powerhouse can benefit as ETFs gain market share.