Invesco EUR AAA CLO UCITS ETF Dist (CLOD)

Profile

The Invesco EUR AAA CLO UCITS ETF Dist is an actively managed exchange-traded fund designed to provide exposure to euro-denominated collateralised loan obligations (CLOs) with a specific focus on senior tranches. The ETF invests primarily in AAA-rated CLO debt securities, with the flexibility to include up to 20% in AA-rated tranches, ensuring a strong emphasis on credit quality. Its main objective is to offer consistent income and capital preservation over the long term, distributing interest income to investors on a quarterly basis. Collateralised loan obligations, the core assets of this ETF, are structured securities backed by diversified pools of senior secured leveraged loans. CLOs use a cashflow waterfall structure, where priority is given to the highest-rated tranches for interest and principal repayments, which reduces credit risk relative to lower-ranked tranches. The fund does not track a benchmark but may use the J.P. Morgan European Collateralized Loan Obligation AAA-only Index for performance comparison. Launched in February 2025 and domiciled in Ireland, the ETF is UCITS-compliant and aims to serve professional and institutional investors seeking stable income from high-quality credit instruments within the European fixed income landscape.