BLACKROCK AAA CLO ETF

BLACKROCK AAA CLO ETF Stock Forecast & Price Prediction

Live BLACKROCK AAA CLO ETF Stock (CLOA) Price
$51.80

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$51.80

P/E Ratio

740.00

Volume Traded Today

$108,188

Dividend

$0.243

52 Week High/low

52.02/50.93

BLACKROCK AAA CLO ETF Market Cap

$747.47B

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CLOA Summary

From what 0 stock analysts predict, the share price for BLACKROCK AAA CLO ETF (CLOA) might decrease by 100% in the next year. This is based on a 12-month average estimation for CLOA. Price targets go from $ to $. The majority of stock analysts believe CLOA is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CLOA Analyst Ratings

About 0 Wall Street analysts have assignedCLOA 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect BLACKROCK AAA CLO ETF to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CLOA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CLOA stock forecast by analyst

These are the latest 20 analyst ratings of CLOA.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

CLOA Company Information

What They Do: Invests primarily in AAA-rated CLOs.

Business Model: The fund generates returns by investing at least 80% of its assets in U.S. dollar-denominated Collateralized Loan Obligations (CLOs) that are rated AAA or deemed equivalent by the fund management. This focus on high-quality CLOs aims to provide investors with stable income and capital appreciation.

Other Information: The fund is non-diversified, allowing it to concentrate its investments in a specific asset class, which may result in higher risks and rewards compared to diversified funds.
CLOA
BLACKROCK AAA CLO ETF (CLOA)

When did it IPO

2023

Staff Count

0

Country

United States

Sector/Industry

/

CEO

Market Cap

$747.47B

BLACKROCK AAA CLO ETF (CLOA) Financial Data

In 2023, CLOA generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CLOA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$13.49B

Revenue From 2021

$10.73B

-20.48 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $10.73B
  • Operating Margin TTM 0.0%
  • Gross profit TTM $3.74B
  • Return on assets TTM 0.9%
  • Return on equity TTM 3.2%
  • Profit Margin 34.8%
  • Book Value Per Share 2.27%
  • Market capitalisation $747.47B
  • Revenue for 2021 $10.73B
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $0.07

BLACKROCK AAA CLO ETF (CLOA) Latest News

News Image

Tue, 17 Sep 2024

Sentiment - POSITIVE

Source - ETF Trends

Summary - Several firms are set to introduce CLO ETFs, expanding investment options. CLOs have offered strong risk-adjusted returns over the last decade relative to other fixed-income assets.

Why It Matters - The launch of CLO ETFs increases investment options and could attract more capital, potentially boosting CLO demand and pricing, which may enhance returns for fixed-income portfolios.

News Image

Wed, 28 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - The BlackRock AAA CLO ETF offers safety and attractive yields in AAA-rated CLO securities. CLOA is similar to JAAA but less liquid due to smaller size; both are recommended for high-grading portfolios.

Why It Matters - The BlackRock AAA CLO ETF offers safety and yields amid economic slowdown. The recommendation to high-grade portfolios indicates a shift towards more stable investments, impacting market strategies.

News Image

Tue, 30 Jul 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - CLO ETFs have delivered strong performance, with yields between 6.4% and 8.9%, low drawdowns, and significant dividend growth, indicating robust investment potential without high credit risk.

Why It Matters - CLO ETFs' strong performance, low drawdowns, and high yields signal attractive investment opportunities, enhancing portfolio returns while mitigating risk.

News Image

Mon, 01 Jul 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - The financial sector remains undervalued, offering lower risk and higher yields. Investors may consider banks and bank-like institutions for potential income benefits.

Why It Matters - The financial sector offers lower risk and higher yields amid rate shocks, making it an attractive option for income-focused investors, especially retirees seeking stable returns.

News Image

Thu, 13 Jun 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - CLOs provide higher yields and lower volatility than fixed-rate bonds, especially in rising rate environments. BlackRock's AAA CLO ETF offers quality CLOs, but investors should consider credit risks and liquidity.

Why It Matters - CLOs provide attractive yields and stability in rising rates, appealing for portfolio diversification. However, credit risks and liquidity concerns require careful assessment.

News Image

Sun, 24 Mar 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - CLOA targets AAA-rated CLO tranches with low credit and rate risk, offering a 6.3% yield and has outperformed since inception, similar to other AAA-rated CLO ETFs like JAAA.

Why It Matters - CLOA's AAA-rated tranches offer low risk and a 6.3% yield, attracting investors seeking stability and income, while its performance suggests strong market confidence.

...

CLOA Frequently asked questions

The highest forecasted price for CLOA is $ from at .

The lowest forecasted price for CLOA is $ from from

The CLOA analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.