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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.

Weakness in Invesco AAA CLO Floating Rate Note 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 ICLO

More ICLO Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

APIDOS CLO XXXIX LTD 6.61781%

3.55 2.6 Mil
Securitized

Bain Capital Credit CLO 2022-1 Ltd / LLC 6.61791%

3.55 2.6 Mil
Securitized

BENEFIT STREET PARTNERS CLO XXVII LTD 7.11781%

3.01 2.2 Mil
Securitized

Eaton Vance Clo 2013-1 Ltd 6.8256%

3.00 2.2 Mil
Securitized

Apidos Clo Xxviii 6.72942%

2.73 2.0 Mil
Securitized

RAD CLO 5 LTD 7.28019%

2.73 2.0 Mil
Securitized

BARINGS CLO LTD 6.7056%

2.53 1.9 Mil
Securitized

Elmwood Clo Viii Ltd / Elmwood Clo V FRN 6.87748%

2.47 1.8 Mil
Securitized

Palmer Square Clo 2015-1 Ltd/Llc 6.70563%

2.45 1.8 Mil
Securitized

Neuberger Berman Ln Advisers Clo 35 FRN 6.64125%

2.32 1.7 Mil
Securitized