Invesco AAA CLO Floating Rate Note ETF
ICLO
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Dec 9, 2022
- Website
- invesco.com
- Similar Companies
- Business
- Invesco AAA CLO Floating Rate Note ETF (ICLO) is an actively managed exchange-traded fund that seeks current income and capital preservation by investing at least 80% of its net assets in floating rate note securities issued by collateralized loan obligations (CLOs) rated AAA or equivalent by nationally recognized statistical rating organizations; these securities, collateralized by pools of broadly syndicated loans, are sourced from both primary and secondary markets across various maturities. The fund, with approximately 168 holdings as of September 2025 including top positions such as Signal Peak CLO 11 Ltd and Park Blue CLO 2025-VII Ltd, exhibits a credit quality allocation of roughly 86% AAA, 8% AA, and 6% not rated, with 100% maturity exceeding five years and full exposure to securitized assets primarily domiciled in the Cayman Islands, Jersey, and the United States. Launched on December 9, 2022, and listed on the Cboe BZX Exchange, ICLO features a total expense ratio of 0.19%, monthly dividend distributions yielding around 6%, and assets under management exceeding $335 million as of late 2025. ICLO forms part of the offerings from Invesco Ltd, a global investment management firm founded in 1935 and headquartered in Atlanta, Georgia, which operates in over 20 countries with a focus on ETFs, fixed income, and alternative strategies targeting institutional, wealth, and retail investors. Recent developments for Invesco include a December 2025 strategic partnership with LGT Capital Partners to expand private markets solutions, particularly private equity, secondaries, private credit, and infrastructure for U.S. wealth and retirement channels, building on prior collaborations such as with Barings; an April 2025 agreement with MassMutual to repurchase $1 billion in preferred stock alongside a new private credit product and distribution alliance with Barings; and August 2025 multifamily real estate investments via a joint venture with Bozzuto, including the acquisition of Ashton at Dulles Corner in Virginia as part of a $330 million program. In early 2025, Invesco extended a fee waiver for ICLO through April, reflecting ongoing efforts to enhance investor appeal amid stable performance with a one-year NAV return of 5.73% as of September 2025. These initiatives underscore Invesco's emphasis on fixed income innovation, including CLO strategies, and global expansion in alternatives.