Reckoner Yield Enhanced AAA CLO Annual ETF
RAAY
New York Stock Exchange Arca100.12
USD
- -
- -
ISIN
US00777X4622
CUSIP
00777X462
Return %
Stock
S&P500
1Y
0.12
19.01
3Y
0.12
65.48
5Y
0.12
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Suzanne Winter
- Full Time Employees
- 985
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11 East 26th Street New York CA United States of America 10010
- IPO Date
- Feb 11, 2026
- Website
- reckoner.com
- Similar Companies
- Business
- Reckoner Yield Enhanced AAA CLO Annual ETF (NYSE: RAAY) is an actively managed exchange-traded fund that seeks total return through leveraged exposure to a diversified portfolio of AAA-rated debt tranches from collateralized loan obligations (CLOs) of any maturity or duration, while limiting distributions to a single annual dividend payment. The fund, issued by Reckoner Capital Management LLC, invests at least 80% of its net assets (plus borrowings for investment purposes) in these senior, investment-grade CLO tranches to emphasize enhanced yield, capital preservation, and tax efficiency for institutional and retail investors seeking alternative credit strategies. Launched on February 10, 2026, with headquarters in New York, NY, RAAY operates primarily in U.S. markets through USD-denominated instruments, custodied by US Bank National Association. In February 2026, Reckoner Capital Management expanded its CLO ETF suite by launching RAAY alongside the Yield Enhanced AAA CLO Reinvesting ETF (RAAR), and complementary products targeting BBB-BB rated CLOs (RCLR and RCLY), building on its 2025 introductions of monthly-distribution ETFs RAAA and RCLO to offer flexible income, reinvestment, and annual payout options. Reckoner Capital Management, founded in October 2024 as an employee-owned firm partnered with RedBird Capital Partners, specializes in alternative credit including CLOs, ABS, and structured products, managing assets for diverse clients with a focus on innovative access to traditionally institutional strategies.