While the CLO ETF category has expanded rapidly in recent years, many offerings remain concentrated in a narrow segment of the market. Several of the largest funds focus primarily on AAA-rated CLO debt, emphasizing maximum credit quality but limiting flexibility elsewhere in the capital structure. YCLO maintains a flexible investment approach, predominantly focusing on investment-grade CLO tranches while retaining the ability to allocate across various segments of the debt stack. The fund operates with a br ...