RCLY ETF — Reckoner BBB-B CLO Annual ETF

Reckoner BBB-B CLO Annual ETF (RCLY)

Updated October 16, 2026.

RCLY is an ETF. its expense ratio is 0.55%. Total return is 3.2% over the past 0.7 years, 7.9 points behind SPY at 11.1%.

Reckoner BBB-B CLO Annual ETF is a fixed-income fund that invests at least 80% of its assets in debt tranches of collateralized loan obligations rated between BBB+ and B-, providing exposure to middle-market corporate lending through structured credit vehicles. The fund does not have an established distribution frequency. This fund may appeal to fixed-income investors seeking exposure to CLO debt securities across the BBB to B rating spectrum.

RCLY performance versus SPY

Price and return data through 2026-10-16.

Total return is 3.2% over the past 0.7 years, 7.9 points behind SPY at 11.1%.

RCLY key facts

Issuer

Reckoner Capital Management LLC

Asset type

ETF

Asset class

Fixed Income

Inception date

02/10/2026

Expense ratio

0.55%

Distribution frequency

None

Last close

$103.22 (as of 2026-10-16)

AUM

$18,109,567

Average volume

6.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Reckoner Capital Management LLC; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

RCLY risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider RCLY — and who may not

It is a weaker fit for investors who need monthly cash flow (RCLY does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on RCLY

• All tickers starting with R

Tagged: Fixed Income.

Frequently asked questions

More securities from Reckoner Capital Management LLC.