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AAF First Priority CLO Bond ETF (AAA)

ETF · Currency in USD · Last updated Apr 1, 2023

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

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in AAF First Priority CLO Bond ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,317 for a total return of roughly 3.17%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2023FebruaryMarch
3.17%
20.90%
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

S&P 500

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AAF First Priority CLO Bond ETF

Return

AAF First Priority CLO Bond ETF had a return of 1.82% year-to-date (YTD) and 2.64% in the last 12 months. Over the past 10 years, AAF First Priority CLO Bond ETF had an annualized return of 1.23%, while the S&P 500 had an annualized return of 7.71%, indicating that AAF First Priority CLO Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.32%3.51%
Year-To-Date1.82%7.03%
6 months4.07%12.88%
1 year2.64%-10.71%
5 years (annualized)1.23%7.71%
10 years (annualized)1.23%7.71%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.98%0.50%
2022-0.52%0.22%1.18%0.82%

Sharpe 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 1.15. A Sharpe ratio greater than 1.0 is considered acceptable.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00NovemberDecember2023FebruaryMarch
1.15
-0.46
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

Dividend History

AAF First Priority CLO Bond ETF granted a 4.19% dividend yield in the last twelve months. The annual payout for that period amounted to $1.02 per share.


PeriodTTM202220212020
Dividend$1.02$0.68$0.26$0.08

Dividend yield

4.19%2.82%1.09%0.34%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.11
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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2023FebruaryMarch
-0.06%
-14.33%
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

Worst 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 2.64%, recorded on Jul 6, 2022. It took 123 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.64%Dec 17, 2021137Jul 6, 2022123Dec 29, 2022260
-0.66%Feb 23, 202319Mar 21, 2023
-0.66%Sep 10, 202041Nov 5, 202011Nov 20, 202052
-0.35%Jan 27, 202169May 5, 202162Aug 3, 2021131
-0.17%Nov 23, 202113Dec 10, 20212Dec 14, 202115
-0.12%Jan 17, 20231Jan 17, 20232Jan 19, 20233
-0.12%Nov 12, 20211Nov 12, 20213Nov 17, 20214
-0.1%Nov 9, 20211Nov 9, 20212Nov 11, 20213
-0.1%Nov 18, 20212Nov 19, 20211Nov 22, 20213
-0.06%Jan 9, 20231Jan 9, 20231Jan 10, 20232

Volatility Chart

Current AAF First Priority CLO Bond ETF volatility is 1.38%. 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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
1.38%
15.42%
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)