CLOA is an active ETF comprised of a AAA strip of collateralized leveraged loans (senior position of this strip results in the AAA). ETF has not been in existence very long. Monthly dividend distribution about 6.6% annualized.
I have a 60/40 portfolio: 60% all in ITOT, 40% in short-duration treasuries barbelled with 7-10 year investment grade corporates (with varying call provisions, so duration may be shorter). All individual bonds that I intend to hold to maturity. I am considering ~10% of my fixed income allocation into CLOA.
Appreciate thoughts/insights.
I have a 60/40 portfolio: 60% all in ITOT, 40% in short-duration treasuries barbelled with 7-10 year investment grade corporates (with varying call provisions, so duration may be shorter). All individual bonds that I intend to hold to maturity. I am considering ~10% of my fixed income allocation into CLOA.
Appreciate thoughts/insights.
Statistics: Posted by Craft111 — Thu Nov 28, 2024 10:36 pm — Replies 2 — Views 285