Reckoner BBB-B CLO Annual ETF
RCLY
New York Stock Exchange Arca99.95
USD
-0.08
- -
ISIN
US00777X4473
CUSIP
00777X447
Return %
Stock
S&P500
1Y
-0.05
19.01
3Y
-0.05
65.48
5Y
-0.05
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
- Andrew Rickman
- Full Time Employees
- 320
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11 East 26th Street New York NY United States of America 10010
- IPO Date
- Feb 12, 2026
- Website
- reckoner.com
- Similar Companies
- Business
- Advisor Managed Portfolios - Reckoner BBB-B CLO Annual ETF (NYSE: RCLY) is an actively managed exchange-traded fund that seeks total return through exposure to a diversified portfolio of primarily BBB- and BB-rated collateralized loan obligation (CLO) bonds, while limiting distributions to a single annual dividend payment. Launched on February 11, 2026, and managed by Reckoner Capital Management LLC, the fund invests at least 80% of its net assets in CLO debt tranches rated between BBB+ and B- (or equivalent), targeting institutional and retail investors interested in nontraditional bond strategies focused on current income and capital preservation. It features an expense ratio of 0.55% and trades on the NYSE Arca exchange, with initial assets under management around $12.5 million shortly after inception. In February 2026, RCLY launched as part of Reckoner Capital Management's expanded CLO ETF suite, which includes complementary funds such as the Reckoner BBB-B CLO ETF (RCLO) for monthly distributions, Reckoner BBB-B CLO Reinvesting ETF (RCLR) for compounding through minimal distributions, alongside prior 2025 launches like the Reckoner Leveraged AAA CLO ETF (RAAA). This expansion provides investors with flexible distribution options on Reckoner's specialized CLO portfolios rated AAA to BBB-BB. Reckoner Capital Management, headquartered in New York City at 11 East 26th Street, publicly launched as a global alternative credit asset manager in February 2025 with backing from RedBird Capital Partners, enabling rapid product development in structured credit ETFs. The firm, led by CEO John Kim, manages approximately $28.7 million in assets as of mid-2025, primarily through pooled vehicles and insurance clients, with a focus on investment-grade fixed income and CLOs.