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AAF First Priority CLO Bond ETF (AAA)

ETF · Currency in USD · Last updated Jun 28, 2022

AAA is an actively managed ETF by Alternative Access Funds LLC. AAA launched on Sep 9, 2020 and has a 0.25% expense ratio.

ETF Info

CUSIP53656F656
IssuerAlternative Access Funds LLC
Inception DateSep 9, 2020
RegionNorth America (U.S.)
CategoryCorporate Bonds, Actively Managed
Expense Ratio0.25%
Index TrackedNo Index (Active)
ETF Home Pagewww.aafetfs.com
Asset ClassBond

Trading Data

Previous Close$24.37
Year Range$24.37 - $24.94
EMA (50)$24.56
EMA (200)$24.73
Average Volume$976.22

AAAShare Price Chart


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AAAPerformance

The chart shows the growth of $10,000 invested in AAF First Priority CLO Bond ETF on Sep 10, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,889 for a total return of roughly -1.11%. All prices are adjusted for splits and dividends.


AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

AAAReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-0.41%-6.21%
YTD-2.27%-18.17%
6M-2.18%-17.47%
1Y-1.67%-8.89%
5Y-0.62%7.97%
10Y-0.62%7.97%

AAAMonthly Returns Heatmap


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AAASharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AAF First Priority CLO Bond ETF Sharpe ratio is -0.84. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

AAADividend History

AAF First Priority CLO Bond ETF granted a 1.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.


PeriodTTM20212020
Dividend$0.28$0.26$0.08

Dividend yield

1.14%1.05%0.33%

AAADrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

AAAWorst Drawdowns

The table below shows the maximum drawdowns of the AAF First Priority CLO Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the AAF First Priority CLO Bond ETF is 2.30%, recorded on Jun 24, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.3%Dec 17, 2021130Jun 24, 2022
-0.65%Sep 10, 202041Nov 5, 202011Nov 20, 202052
-0.35%Jan 27, 202169May 5, 202159Jul 29, 2021128
-0.17%Nov 18, 202116Dec 10, 20212Dec 14, 202118
-0.12%Nov 12, 20211Nov 12, 20213Nov 17, 20214
-0.1%Nov 9, 20211Nov 9, 20212Nov 11, 20213
-0.06%Sep 30, 20211Sep 30, 202118Oct 26, 202119
-0.04%Dec 21, 20201Dec 21, 20201Dec 22, 20202
-0.04%Jan 6, 20213Jan 8, 20211Jan 11, 20214
-0.04%Jan 13, 20211Jan 13, 20211Jan 14, 20212

AAAVolatility Chart

Current AAF First Priority CLO Bond ETF volatility is 1.52%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

Portfolios with AAF First Priority CLO Bond ETF


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