JAAA Vs. CLOX: Depends On Your Priorities

Summary

  • Janus Henderson AAA CLO ETF remains my top pick for AAA CLO ETFs due to its larger AUM, longer track record, and better portfolio transparency.
  • Eldridge AAA CLO ETF earns a Hold rating; while it offers some advantages, it lacks the history, size, and data transparency I prefer in a core holding.
  • Both ETFs offer attractive yields, but recent distribution trends are inconsistent and may overstate future income for investors.
  • Post-2008 reforms have improved CLO quality, but I favor established, transparent funds like JAAA for portfolio stability and risk management.

Collateralized Loan Obligations CLO is shown on the photo using the text

Andrii Dodonov

hoIntroduction

Due to the popularity of my Janus Henderson AAA CLO ETF (NYSEARCA:JAAA) vs. Invesco Aaa Clo Floating Rate Note ETF (ICLO) article, I thought readers would appreciate comparing the better

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