Reckoner Leveraged AAA CLO ETF

The Reckoner Leveraged AAA CLO ETF is an exchange-traded fund focused on investing in AAA-rated, floating-rate collateralized loan obligation (CLO) debt tranches. It uniquely employs up to 50% leverage through reverse repurchase agreements to enhance yield potential while maintaining a focus on capital preservation. The fund actively manages its portfolio, dynamically adjusting leverage based on market conditions to balance risk and return. It primarily targets senior CLO bonds that occupy the top tier of the capital structure, offering a hedge against interest rate volatility through a rigorous, data-driven bond selection process based on CLO manager expertise and risk assessment. Positioned within the expanding CLO ETF market, this fund provides access to alternative credit investments typically reserved for institutional investors, aiming to deliver attractive risk-adjusted income streams to both retail and institutional investors.