Invesco Aaa Clo Floating Rate Note ETF Price & Performance (ICLO)

Invesco has launched two actively-managed Ucits ETFs targeting the collateralized loan obligation (CLO) market. These ETFs, denominated in USD and EUR, offer exposure to AAA-rated CLO tranches. This marks the first time such ETFs are available in Europe, aiming to provide income and capital preservation for institutional investors.1

With market uncertainty rising, defensive ETFs are becoming a favored choice for investors. These funds, known for their low-beta and stability, focus on sectors like healthcare and utilities. Popular options include the Vanguard Short-Term Inflation-Protected Securities ETF, which adjusts for inflation, and the Invesco S&P 500 Low Volatility ETF.2

Kymera Therapeutics' stock has been active, trading up 1.7% recently. Insider transactions revealed sales by key executives, reducing their positions slightly. Analysts remain optimistic, with an average price target of $56.69, reflecting confidence in the company’s potential despite its recent challenges.3