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Morningstar

Invesco AAA CLO Floating Rate Note ETF ICLO

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis ICLO

Will ICLO outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ICLO’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ICLO management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ICLO’s parent organization’s priorities and whether they’re in line with investors’ interests.

Invesco AAA CLO Floating Rate Note ETF's recent fee cut underpins an upgrade to this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ICLO

More ICLO Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Madison Park Funding Xxxvii Ltd/Llc 6.8524%

4.28 5.4 Mil
Securitized

Ticp Clo Vii Ltd / Ticp Clo Vii FRN 6.62856%

4.00 5.0 Mil
Securitized

Agl Clo 29 Ltd / Agl Clo 29 Ll FRN 6.90263%

3.21 4.0 Mil
Securitized

Neuberger Berman CLO XVI-S LTD/LLC 6.63017%

3.19 4.0 Mil
Securitized

Neuberger Berman Ln Advisers Clo 40 Ltd. 6.64927%

3.19 4.0 Mil
Securitized

BENEFIT STREET PARTNERS CLO XVII LTD 6.67017%

3.19 4.0 Mil
Securitized

Bain Capital Credit CLO 2022-1 Ltd / LLC 6.64693%

2.07 2.6 Mil
Securitized

APIDOS CLO XXXIX LTD 6.62456%

2.07 2.6 Mil
Securitized

Invesco Shrt-Trm Inv Gov&Agcy Instl

2.05 2.6 Mil
Cash and Equivalents

OCP CLO 2024-31 LTD 6.92257%

2.01 2.5 Mil
Securitized