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Alternative AccessFirstPriorityCLO BdETF AAA

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

Morningstar’s Analysis AAA

Will AAA 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 AAA’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAA 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 AAA’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in AXS First Priority CLO Bond ETF's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AAA

More AAA Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 49.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cedar Funding VII CLO, Ltd 3.71%

5.06 366,369
Securitized

LCM XVIII Limited Partnership / LCM XVIII LLC 3.73%

5.06 366,262
Securitized

YORK CLO-4 LTD 3.8%

5.04 365,239
Securitized

Voya CLO 2018-3 Ltd/ Voya CLO 2018-3 LLC 3.66%

5.03 364,688
Securitized

Symphony CLO XXII LTD/LLC 4.03%

5.02 363,750
Securitized

Magnetite XII Ltd./LLC 3.61%

5.00 362,500
Securitized

Cayuga Park Clo Ltd / Llc 3.86%

4.92 356,685
Securitized

Burnham Park Clo Llc 3.86%

4.73 342,575
Securitized

Shenergy Co Ltd. 4.94%

4.67 338,418
Securitized

Aimco Clo Series 2017-A 3.76%

4.62 334,319
Securitized