Eldridge AAA CLO UCITS ETF is an actively managed ETF seeking to generate current return income, with a secondary objective of capital preservation by investing primarily in a diversified portfolio of investment grade collateral loan obligations (“CLOs”) that are rated, at the time of purchase, AAA (or equivalent by a credit rating agency (“CRA”)).
For more information, including a distribution schedule, please visit www.TAAAFUND.com
| Fund Ticker | TAAA |
| Exchange Listings | Xetra |
| NAV | $25.0703 |
| AUM | $113,317,738 |
| Share Class Assets | $113,317,738 |
| Daily NAV Change | 0.03% |
| Share Class Launch Date | 2025-02-26 |
| Fund Launch Date | 2025-02-26 |
| Share Class Currency | USD |
| Base Currency | USD |
| Asset Class | CLO |
| SFDR Classification | Article 6 |
| Total Expense Ratio (TER) | 0.35% |
| UCITS Compliant | Yes |
| UCITS Eligible | Yes |
| ISIN | LU2895488661 |
| Distribution Frequency | Monthly |
| Use of Income | Distributing |
| Domicile | Luxembourg |
| Product Structure | Active |
| Investment Manager | Eldridge Structured Credit Advisers, LLC |
| Administrator | Northern Trust |
| Fiscal Year End | 31-Dec |
| Bloomberg Ticker | TAAA GY |
| Custodian | Northern Trust |
| Issuer | Eldridge Investment Funds |
No. of holdings: 28
Download Full Holdings Report| Name | Weights |
|---|---|
| BALLYROCK | 7.05% |
| NEUBERGER BERMAN LN ADVISERS CLO 26 LTD | 6.18% |
| OHA CR FDG 13 LTD / OHA CR FDG 13 LLC | 4.86% |
| RR 5 LTD / RR 5 LLC | 4.43% |
| GOLDENTREE LN MGMT US CLO 9 LTD / GOLDEN | 4.42% |
| RR LTD | 4.41% |
| NEUBERGER BRMN LN ADV 2024-59 | 4.40% |
| GOLDENTREE LOAN MANAGEMENT | 3.75% |
| SYMPHONY CLO 40 LTD / SYMPHONY CLO 40 LL | 3.53% |
| AGL CLO LTD | 3.53% |
| HARTWICK PK CLO LTD / LLC | 3.52% |
| GOLDEN TREE LOAN MANAGEMENT US CLO | 3.52% |
| SYMPHONY CLO 39 LTD / SYMPHONY CLO 39 LL | 3.52% |
| VALLEY STREAM PK CLO LTD / VY STREAM PK | 3.52% |
| GOLUB CAP PARTNERS CLO 77B LTD / GOLUB C | 3.52% |
| BAIN CAPITAL CREDIT CLO 2024-6 LTD | 3.49% |
| APIDOS CLO L / APIDOS CLO L LLC | 3.09% |
| AGL CLO LTD | 3.09% |
| AGL CORE CLO 2 LTD / AGL CORE 2 LLC | 3.09% |
| AGL CLO LTD | 3.09% |
| SIXTH STREET CLO LTD XXV | 3.04% |
| APIDOS CLO XLVIII LTD / APIDOSCLO XLVIII | 2.65% |
| BAIN CAP CR CLO 2023-3 LTD / BAIN CAP CR | 2.43% |
| OCP CLO LTD 2024-38 | 2.42% |
| PALMER SQUARE CLO LTD | 2.21% |
| GOLUB CAPITAL PARTNERS CLO 66(B) LT | 1.77% |
| BENEFIT STR PARTNERS CLO XXXV LTD / BENE | 1.77% |
| BAIN CAP CR CLO 2020-3 LTD / BAIN CAP CR | 1.45% |
Germany 
Luxembourg 
Singapore | Exchange | Ticker | RIC | SEDOL | CCY | Listing Date |
|---|---|---|---|---|---|
| Xetra | TAAA GY | TAAA.DE | BSSG4P8 | $ | 2025-03-05 |
| Amount | Record Date | Ex Date | Pay Date |
|---|---|---|---|
| $0.1138 | 16/04/2025 | 15/04/2025 | 25/04/2025 |
The risks of investing in CLO securities include both the credit risk associated with the underlying loans combined with the risks associated with the CLO structure governing the priority of payments (and any legal and counterparty risk associated with carrying out the priority of payments). This ETF intends to invest primarily in AAA-rated rated tranches (or equivalent ratings by a NRSRO); however, these ratings do not constitute a guarantee of credit quality and it’s possible that under stressed market environments these tranches could experience substantial losses due to actual defaults, write-downs of the equity or other subordinated tranches, increased sensitivity to defaults due to collateral default and impairment of subordinate tranches, market anticipation of defaults, and general market aversion to CLO securities as an asset class. The most common risks associated with investing in CLOs are interest rate risk, credit risk, liquidity risk, prepayment risk (i.e., the risk that in a declining interest rate period CLO tranches could be refinanced or paid off prior to their maturities and the ETF would then have to reinvest the proceeds at a lower rate), and the risk of default of the underlying assets
As with all ETFs, shares of TAAA may be bought and sold in the secondary market at market prices. Although it is expected that the market price of shares of the ETF will approximate the intraday value of TAAA’s holdings used to calculate TAAA’s NAV, there may be times when the market price is more than the intra-day NAV (premium) or less than the intra-day NAV (discount), which may result in a widening of the bid and ask spread, due to supply and demand of shares or during periods of market volatility. This risk is heightened in times of market volatility, periods of steep market declines, and periods when there is limited trading activity for shares in the secondary market, in which case such premiums or discounts may be significant. Unlike other ETFs, TAAA expects to affect most of its creations and redemptions primarily for cash, rather than in-kind securities. Cash purchases and sales may cause the ETF to incur portfolio transaction fees, gains or losses on the sales, or charges or delays in investing the cash that it would otherwise not incur if a purchase or sale was made on an in-kind basis. TAAA’s investment in debt securities may subject it to liquidity risk, interest rate risk, floating-rate obligations risk, call risk, and extension risk.
For a full list of risks, please refer to the Prospectus.
The information provided on this website is for informational purposes only and does not constitute financial advice. All investments carry risks, including the potential loss of capital. Past performance does not guarantee future results. Investors should review all relevant documents before making an investment decision.
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