CLOAiShares AAA CLO Active ETF

iShares AAA CLO Active ETF is an actively managed fixed income exchange-traded fund designed to provide exposure to U.S. dollar-denominated collateralized loan obligations rated AAA. The fund focuses on the senior, highest-rated tranches of CLOs and seeks to deliver current income with an emphasis on capital preservation through active credit selection. Its portfolio is built around securitized credit instruments, giving investors access to a specialized segment of the investment-grade bond market that is commonly used by institutions seeking floating-rate credit exposure. The ETF distributes income monthly and is managed by BlackRock through the iShares platform. It plays a role in the market as a liquid, exchange-traded vehicle for accessing diversified AAA CLO exposure within a fixed income framework.