---
ticker: "AAA"
name: "Alternative Access First Priority CLO Bond ETF"
url: "https://etf.net/etf/AAA"
grade: "B"
score: 56
graded_at: "2026-10-12"
category: "Collateralized Loan Obligations (CLO)"
category_rank: "13 of 34"
methodology: "https://etf.net/methodology"
---

# AAA: Alternative Access First Priority CLO Bond ETF

Grade **B**, Score 56 of 100. Rank 13 of 34 in Collateralized Loan Obligations (CLO).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 83 | 1 of 34 |
| Mission | Not scored | — |
| Risk | 36 | 23 of 33 |
| Tradability | 30 | 29 of 34 |
| Holdings | 43 | 26 of 34 |
| Durability | 56 | 15 of 34 |

## Top holdings

The fund holds 35 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash | 14.22% |
| 2 | — | Fcbsl 2025-2A A V/R 10/15/38 | 4.20% |
| 3 | — | Apid 2021-35A A1 V/R 07/20/39 | 4.20% |
| 4 | — | Kkr 32A A1R2 V/R 07/15/39 | 4.20% |
| 5 | — | Lcm 38A AR2 V/R 11/04/38 | 4.20% |
| 6 | — | Cgms 2019-4A A1R V/R 06/22/39 | 4.20% |
| 7 | — | Mdpk 2019-35A A1 V/R 02/13/39 | 4.19% |
| 8 | — | Neub 2015-20A A1 V/R 04/15/39 | 4.19% |
| 9 | — | Parpk 2021-1A Ar V/R 01/20/39 | 4.19% |
| 10 | — | Sixst 2019-14A A V/R 01/20/38 | 4.19% |
| 11 | — | Fcbsl 2024-4A A V/R 01/15/38 | 2.80% |
| 12 | — | Cedf 2017-8A Arr V/R 01/17/38 | 2.80% |
| 13 | — | Ammc 2025-31A A1 V/R 02/20/38 | 2.80% |
| 14 | — | Apid 2022-39A A1 V/R 10/21/38 | 2.80% |
| 15 | — | Magne 2023-34A A V/R 01/15/38 | 2.79% |
| 16 | — | Cygpk 2020-1A Ar V/R 10/17/38 | 2.79% |
| 17 | — | Voya 2021-2A A1R V/R 04/20/38 | 2.79% |
| 18 | — | Mdpk 2025-71A A1 V/R 04/23/38 | 2.79% |
| 19 | — | Lcm 40A A1R V/R 01/15/38 | 2.10% |
| 20 | — | Spclo 2024-7A A1 V/R 01/15/38 | 2.10% |
| 21 | — | Trnts 2024-30A A V/R 10/23/37 | 2.09% |
| 22 | — | Bcc 2025-1A A1 V/R 04/23/38 | 2.09% |
| 23 | — | Bluem 2019-25A A V/R 01/15/38 | 1.96% |
| 24 | — | Magne 2026-55A A V/R 04/15/39 | 1.82% |
| 25 | — | Ventr 2022-46A A V/R 10/20/37 | 1.40% |
| 26 | — | OCT47 2020-1A A1 V/R 01/22/38 | 1.40% |
| 27 | — | Sndpt 2019-2A Ar V/R 07/15/34 | 1.40% |
| 28 | — | Carvl 2022-2A A1 V/R 10/22/37 | 1.40% |
| 29 | — | Carvl 2024-3A A1 V/R 10/20/37 | 1.40% |
| 30 | — | Agl 2020-4A AR2 V/R 10/20/37 | 1.40% |

Source: etf.net, https://etf.net/etf/AAA. Please cite the page URL.