Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Listed Funds Trust - AAF First Priority CLO Bond ETF (AAA)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
07/17/2025: AAA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 12.5% | Avg. Invested days 220 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/17/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.06 | 52 Weeks Range 23.73 - 25.09 | Updated Date 06/29/2025 |
52 Weeks Range 23.73 - 25.09 | Updated Date 06/29/2025 |
Upturn AI SWOT
Listed Funds Trust - AAF First Priority CLO Bond ETF
ETF Overview
Overview
The AAF First Priority CLO Bond ETF (AAA) seeks to provide current income by investing primarily in first priority, investment-grade CLO bonds. The ETF focuses on the asset-backed securities sector, specifically CLOs, utilizing active management to select securities.
Reputation and Reliability
Listed Funds Trust, advised by Angel Oak Capital Advisors, is known for its expertise in structured credit and alternative fixed income strategies.
Management Expertise
Angel Oak Capital Advisors has a specialized team focused on CLO investments with extensive experience in credit analysis and portfolio management.
Investment Objective
Goal
The ETF aims to provide current income by investing in first priority CLO bonds.
Investment Approach and Strategy
Strategy: The ETF employs an active management strategy, selecting CLO bonds based on rigorous credit analysis and relative value assessment.
Composition The ETF primarily holds first priority, investment-grade CLO bonds.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 107800000
Competitors
Key Competitors
- JAAA
- CLOA
- CLOZ
- FLOT
Competitive Landscape
The competitive landscape involves ETFs specializing in various aspects of investment-grade and floating-rate debt. AAA differentiates itself by concentrating on first priority CLO tranches managed by Angel Oak. JAAA is larger, and more diversified. CLOA and CLOZ offer different degrees of CLO exposure. FLOT invests in senior floating rate loans.
Financial Performance
Historical Performance: Historical performance data is not included due to restrictions, but review fund fact sheets for performance over different time periods.
Benchmark Comparison: Compare the ETF's performance against the S&P U.S. Investment Grade Corporate Bond Index or a comparable CLO index.
Expense Ratio: 0.4
Liquidity
Average Trading Volume
The ETF's average trading volume can be checked in financial data websites.
Bid-Ask Spread
The ETF's bid-ask spread varies depending on market conditions and can be found on exchange websites.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates, credit spreads, and overall economic growth impact the performance of CLO bonds.
Growth Trajectory
Monitor changes in strategy, asset allocation, and portfolio holdings for potential shifts in the ETF's growth trajectory.
Moat and Competitive Advantages
Competitive Edge
AAA's competitive edge lies in its specialized focus on first priority CLO bonds, coupled with the active management expertise of Angel Oak. Angel Oak's in-depth credit analysis and security selection process aim to enhance returns. This strategy differentiates AAA from passive CLO ETFs. The ETF's investment in a niche market potentially leads to greater returns.
Risk Analysis
Volatility
Assess historical volatility using standard deviation and beta metrics from financial data sources.
Market Risk
Market risk includes potential credit spread widening and macroeconomic factors that could negatively impact CLO bond values.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking current income, has a moderate risk tolerance, and understands CLO investments.
Market Risk
The ETF is suitable for long-term investors seeking income and diversification within fixed-income assets.
Summary
The AAF First Priority CLO Bond ETF is a specialized ETF offering exposure to first priority CLO bonds through active management by Angel Oak. Its focus on a specific segment of the CLO market differentiates it from broader fixed-income ETFs. Investors should understand CLO risks and monitor fund performance compared to benchmarks. AAA offers investors exposure to the CLO market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF.com
- Fund Fact Sheet
- Company Website
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market conditions can change, so consult a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Listed Funds Trust - AAF First Priority CLO Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively-managed exchange-traded fund ("ETF"). Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in AAA rated first priority debt tranches of U.S. dollar-dominated collateralized loan obligations ("CLOs"). It may invest in CLOs of any maturity. The fund is actively managed and does not seek to track the performance of any particular index.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.