AAF First Priority CLO Bond ETF (AAA)
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
| CUSIP | 53656F656 |
|---|---|
| Issuer | Alternative Access Funds LLC |
| Inception Date | Sep 9, 2020 |
| Region | North America (U.S.) |
| Category | Corporate Bonds, Actively Managed |
| Index Tracked | No Index (Active) |
| ETF Home Page | www.aafetfs.com |
| Asset Class | Bond |
Expense Ratio
The AAF First Priority CLO Bond ETF has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Performance
The chart shows the growth of an initial investment of $10,000 in AAF First Priority CLO Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: AAA vs. FLMX, AAA vs. GLD, AAA vs. FLRT, AAA vs. SPY, AAA vs. VOO, AAA vs. AAAU, AAA vs. PULS, AAA vs. 932504@, AAA vs. 972294@
Return
AAF First Priority CLO Bond ETF had a return of 7.68% year-to-date (YTD) and 8.53% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.68% | 19.67% |
| 1 month | 0.31% | 8.42% |
| 6 months | 4.57% | 7.29% |
| 1 year | 8.53% | 12.71% |
| 5 years (annualized) | N/A | 10.75% |
| 10 years (annualized) | N/A | 9.87% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.35% | 0.86% | 1.00% | 0.91% | 0.61% | 0.61% | 1.66% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for AAF First Priority CLO Bond ETF (AAA) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AAA AAF First Priority CLO Bond ETF | 4.55 | ||||
^GSPC S&P 500 | 0.91 |
Dividend History
AAF First Priority CLO Bond ETF granted a 6.04% dividend yield in the last twelve months. The annual payout for that period amounted to $1.50 per share.
| Period | TTM | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Dividend | $1.50 | $0.68 | $0.26 | $0.08 |
Dividend yield | 6.04% | 2.78% | 1.05% | 0.32% |
Monthly Dividends
The table displays the monthly dividend distributions for AAF First Priority CLO Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.11 | $0.23 | $0.00 | $0.12 | $0.13 | $0.12 | $0.28 | $0.00 | $0.13 | $0.14 | |
| 2022 | $0.00 | $0.02 | $0.02 | $0.02 | $0.03 | $0.04 | $0.04 | $0.06 | $0.08 | $0.07 | $0.09 | $0.21 |
| 2021 | $0.00 | $0.02 | $0.04 | $0.00 | $0.03 | $0.02 | $0.02 | $0.04 | $0.00 | $0.02 | $0.02 | $0.04 |
| 2020 | $0.01 | $0.02 | $0.05 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AAF First Priority CLO Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AAF First Priority CLO Bond ETF was 2.64%, occurring on Jul 6, 2022. Recovery took 123 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.64% | Dec 17, 2021 | 137 | Jul 6, 2022 | 123 | Dec 29, 2022 | 260 |
| -0.98% | Dec 1, 2023 | 1 | Dec 1, 2023 | — | — | — |
| -0.66% | Feb 23, 2023 | 19 | Mar 21, 2023 | 12 | Apr 6, 2023 | 31 |
| -0.66% | Sep 10, 2020 | 41 | Nov 5, 2020 | 11 | Nov 20, 2020 | 52 |
| -0.35% | Jan 27, 2021 | 69 | May 5, 2021 | 62 | Aug 3, 2021 | 131 |
Volatility Chart
The current AAF First Priority CLO Bond ETF volatility is 1.37%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.