Brompton Wellington Square AAA CLO ETF
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Management StyleActively Managed
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Closing Price (May 27, 2025)$20.13
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NAV (May 27, 2025)$20.12
NOW TRADING
AAA Income From CLOs
Brompton Wellington Square AAA CLO ETF (BAAA) is designed to provide high monthly income and capital preservation through investment in an actively managed portfolio of primarily AAA rated CLOs. CLOs will be selected by the Sub-advisor and will generally range in credit quality from AAA to BBB, with a minimum of 75% of the portfolio invested in AAA rated CLOs.
Investment Highlights
- High-quality portfolio: minimum 75% AAA-rated CLOs
- AAA CLOs offer high credit quality, attractive yields, and diversification benefits for core bond portfolios
- Experienced Sub-advisor: Wellington Square Advisors
- Low management fee: 0.40%
- Low risk-rating (ETF Facts)
- Available in CAD-hedged and USD units
FUND FACTS
Experienced Sub-Advisor
Wellington Square Advisors Inc. is a Canadian based independent investment manager with a long-term track record managing CLOs, leveraged loans and corporate credit in the U.S., European and Canadian markets. Wellington Square’s portfolio management team has experience in retail fund management, with additional experience in the CLO industry and in managing institutional funds for Canada’s largest pension plans.
Jeff Sujitno
CPA, CA and CIM
Portfolio Manager
Jeff Sujitno has 23 years of credit experience spanning investment grade and high yield markets including CLOs, leveraged loans, securitized debt, and private credit.
Amar Dhanoya
CFA, MBA
Portfolio Manager
Amar Dhanoya has 20 years of credit experience with a focus on U.S. and European syndicated loans, yield bonds and CLOs.
Manager
Founded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including exchange-traded funds (ETFs), split share funds, and other TSX traded investment funds. Our funds are designed to address investors’ cash flow requirements and to provide them with value-added diversification strategies. Since inception, Brompton has paid out over $3.8 billion in distributions. For the level of service provided, our funds are known for their low management fees and costs.
Brompton Wellington Square AAA CLO ETF
Summary of Investment Portfolio as at April 30, 2025
Top 10 Holdings
| % of Portfolio | % of Net Asset Value | |
|---|---|---|
| AGL Core CLO 2 Ltd. 5.729% due July 20, 2037 | 5.8% | |
| AIMCO CLO 10 Ltd. 5.682% due July 22, 2037 | 5.8% | |
| Magnetite XLII Ltd. 5.621% due January 25, 2038 | 5.8% | |
| Madison Park Funding LXVII Ltd. 5.792% due April 25, 2037 | 5.8% | |
| Magnetite XVII Ltd. 5.769% due April 20, 2037 | 5.8% | |
| OCP CLO 2021-22 Ltd. 5.619% due October 20, 2037 | 5.8% | |
| Neuberger Berman CLO XXI Ltd. 5.589% due January 20, 2039 | 5.8% | |
| Generate CLO 5 Ltd. 7.972% due July 22, 2037 | 5.8% | |
| OHA Credit Funding 6 Ltd. 5.599% due October 20, 2037 | 5.8% | |
| Cash | 20.4% | |
| Total | 72.6% |
Growth of $10,000(1)
Returns for funds less than 1 year old cannot be displayed.
Distributions
The actual breakdown of distributions for tax purposes will be provided to unitholders annually in March. This information will also be posted on the website as soon as it is available.
This information is of a general nature only and does not constitute legal or tax advice to any particular investor. Accordingly, prospective investors are advised to consult their own tax advisors with respect to their individual circumstances.
Tax Allocation
The following information is applicable to holders who, for the purposes of the Income Tax Act (Canada), are resident in Canada and hold trust units as capital property. If this is not the case, a tax advisor should be consulted.
Holders of trust units outside of a RRSP, DPSP, RRIF, RESP or TFSA should expect to receive a T3 slip from their investment dealer. T3 supplementary slips will indicate Investment Income in Box 26, Foreign Non-Business Income in Box 25, Capital Gains in Box 21 and Dividend Income in Box 23 and Box 49. Dividend income is subject to the standard gross up and federal dividend tax credit rules.
The return of capital component is a non-taxable amount that serves to reduce the adjusted cost base of the Fund units and is reported in Box 42.
| Record Date | Payment Date | Capital Gains | Eligible Dividend | Foreign Non- Business Income | Foreign Non- Business Income Tax Paid | Other Dividend | Return of Capital | Total Distribution |
|---|---|---|---|---|---|---|---|---|
| May 30, 2025 | Jun 13, 2025 | * | * | * | * | * | * | 0.09320 |
| Total | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.00000 | 0.09320 | |
This webpage is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. The opinions contained on this page are solely those of Brompton Funds Limited (“BFL”) and are subject to change without notice. BFL makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, BFL assumes no responsibility for any losses or damages, whether direct or indirect which arise from the use of this information. BFL is under no obligation to update the information contained herein. The information should not be regarded as a substitute for the exercise of your own judgment. Please read the prospectus before investing.
Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded fund investments. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.
Information contained on this webpage was published at a specific point in time. Upon publication, it is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. Certain statements contained on this webpage constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed on this webpage and to other matters identified in public filings relating to the ETF, to the future outlook of the ETF and anticipated events or results and may include statements regarding the future financial performance of the ETF. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.
