Reckoner Yield Enhanced AAA CLO Reinvesting ETF

The Reckoner Yield Enhanced AAA CLO Reinvesting ETF is an actively managed exchange-traded fund that provides leveraged exposure to a diverse portfolio of AAA-rated collateralized loan obligations (CLOs). Its primary function is to pursue total return through compounding growth by minimizing dividend distributions and continuously reinvesting income, which enhances asset growth potential and tax efficiency for long-term investors. CLOs are structured credit products backed by portfolios of below-investment-grade corporate loans, with AAA-rated tranches offering the highest credit quality among these securities. This ETF, part of Reckoner Capital Management's innovative suite of CLO funds launched in early 2026, caters to investors seeking to remain fully invested in high-quality alternative credit assets without frequent cash outflows. Managed by CLO specialists with over a decade of expertise, it emphasizes capital preservation alongside enhanced yields in the alternative credit market, distinguishing it from traditional monthly-distribution ETFs through its reinvestment strategy. As a leveraged product, it targets knowledgeable investors focused on the AAA CLO segment's stability and return profile.