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Invesco EUR AAA CLO UCITS ETF USD Hdg Acc

Invesco · IE0005KVDHL8

Invesco EUR AAA CLO UCITS ETF USD Hdg Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker UCLO (ISIN IE0005KVDHL8). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about lending to governments and companies in return for regular interest,…

· Tracks the J.P. Morgan European Collateralized Loan Obligation AAA-only Index index ?

Bond ?Accumulating ?Physical ?Ireland ?

Low yearly feeReinvests dividendsOwns the shares directlyEurope

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Invesco funds Domiciled in Ireland Accumulating Physically replicated Europe bonds Yearly fee under 0.25%

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Fund size (AUM) ?

€1.2B

Risk level (SRI) ?

2 / 7 · Low

Yearly fee (TER) ?

0.25%

All-in cost ≈ 0.56%

About this fund

What you own

The J.P. Morgan European Collateralized Loan Obligation AAA-only Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 166 companies across Europe in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.25%Yearly fee (TER)

0.56%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?

J.P. Morgan European Collateralized Loan Obligation AAA-only Index

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

Dec 2025

Recommended holding period

3 years

Bond details

Inflation-linked ?

No — nominal (fixed) payouts

Performance

Growth of $100 invested — both lines start at $100.

Invesco EUR AAA CLO UCITS ETF USD Hdg Acc Average J.P. Morgan European Collateralized Loan Obligation AAA-only Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+3.9%

How bumpy has it been?

0.4%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-0.1%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

The bigger picture

+4.2%

Since inception

Total growth since the fund launched.

-0.1%

Worst fall on record ?

It clawed back in about 1 month.

What's inside

The 10 biggest holdings make up 25.5% of the fund — the rest is spread across roughly 146 more companies.

Top 10 holdings

#	Company	Weight
1	Sona Fios CLO VIII DAC FRN 15/08/40	3.4%
2	Contego CLO VI DAC FRN 15/08/40	3.3%
3	Aurium CLO XI DAC FRN 18/04/38	2.6%
4	RRE 25 Loan Management DAC FRN 15/04/38	2.6%
5	Sculptor European CLO XII DAC FRN 15/01/38	2.5%
6	Sona Fios Clo IV DAC FRN 20/04/38	2.4%
7	Carlyle Global Market Strategies E FRN 25/10/38	2.3%
8	Avoca CLO XXVIII DAC FRN 15/10/37	2.3%
9	Capital Four CLO II DAC FRN 15/04/39	2.2%
10	Armada Euro CLO FRN 15/04/38	2.2%

Where to buy this fund

Where you live:

Set from your language & location — change it if it's wrong.

Where it trades

Exchange	Ticker	Currency
LSE	UCLO	USD	★ Primary
USD listings
E1	UCLOUSD	USD
EO	UCLOUSD	USD
EP	UCLOUSD	USD
EU	UCLOUSD	USD
EZ	UCLOUSD	USD
London Stock Exchange	UCLO	USD
S1	UCLOL	USD
X1	UCLOUSD	USD
X2	UCLOUSD	USD
XA	UCLOUSD	USD
XF	UCLOUSD	USD
XG	UCLOUSD	USD
XH	UCLOUSD	USD
XJ	UCLOUSD	USD
XL	UCLOUSD	USD
XO	UCLOUSD	USD
XQ	UCLOUSD	USD
XT	UCLOUSD	USD
XU	UCLOUSD	USD
XV	UCLOUSD	USD
XW	UCLOUSD	USD
XX	UCLOUSD	USD
XY	UCLOUSD	USD
XZ	UCLOUSD	USD

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-10-08 · the fund's own published holdings.

#	Company	Weight
1	Sona Fios CLO VIII DAC FRN 15/08/40	3.4%
2	Contego CLO VI DAC FRN 15/08/40	3.3%
3	Aurium CLO XI DAC FRN 18/04/38	2.6%
4	RRE 25 Loan Management DAC FRN 15/04/38	2.6%
5	Sculptor European CLO XII DAC FRN 15/01/38	2.5%
6	Sona Fios Clo IV DAC FRN 20/04/38	2.4%
7	Carlyle Global Market Strategies E FRN 25/10/38	2.3%
8	Avoca CLO XXVIII DAC FRN 15/10/37	2.3%
9	Capital Four CLO II DAC FRN 15/04/39	2.2%
10	Armada Euro CLO FRN 15/04/38	2.2%
11	Carlyle Euro CLO 2024-1 DAC FRN 15/01/39	2.2%
12	Penta CLO 15 DAC FRN 15/10/38	2.1%
13	RRE 7 Loan Management DAC FRN 15/10/38	2.1%
14	OCP Euro Clo 2025-13 DAC FRN 18/07/38	2.1%
15	Clonkeen Park CLO DAC FRN 15/10/37	2.1%
16	Arbour Clo XIV DAC FRN 15/04/38	2.1%
17	CVC Cordatus Loan Fund XXXIII DAC FRN 24/03/38	2.1%
18	Polus EU CLO FRN 25/10/39	2.1%
19	Madison Park Euro Funding X DAC FRN 25/10/30	1.9%
20	Voya Euro CLO VIII DAC FRN 15/01/39	1.8%
23	JUBILEE CDO BV FRN 15/10/2039	1.4%
24	Contego Clo XV DAC FRN 15/04/40	1.3%
25	Rockford Tower Europe Clo 2026-1 D FRN 15/01/39	1.3%
26	OCP Euro Clo 2024-9 DAC FRN 20/04/38	1.3%
27	AlbaCore Euro CLO VI DAC FRN 15/10/37	1.2%
28	RRE Loan Management FRN 15/10/41	1.1%
29	Seabury Park CLO DAC FRN 20/07/40	1.1%
30	Sculptor European CLO FRN 15/10/40	1.1%
31	Barings Euro CLO 2024-2 DAC FRN 20/07/39	1.1%
32	Armada Euro CLO I DAC FRN 24/07/40	1.0%
33	Ares Euro CLO FRN 15/01/2041	1.0%
35	Sona Fios CLO II DAC FRN 15/02/39	0.9%
36	Penta CLO S.A. FRN 15/01/39	0.9%
37	Grosvenor Place CLO 2022-1 DAC FRN 25/04/39	0.9%
38	Ares European CLO VIII DAC FRN 17/04/39	0.9%
39	Contego Clo V DAC FRN 15/10/37	0.9%
40	Capital Four Clo XIII DAC FRN 15/10/39	0.9%
41	Penta CLO 3 DAC FRN 17/10/38	0.8%
42	Carlyle Global Market Strategi FRN 24/03/39	0.8%
43	Armada Euro CLO FRN 15/01/39	0.8%
44	Cordatus CLO PLC FRN 22/03/41	0.8%
45	Grosvenor Place Clo 11 DAC FRN 15/08/39	0.7%
46	Signal Harmonic Clo II DAC FRN 15/10/38	0.7%
47	Barings Euro CLO 2024-1 DAC FRN 20/04/39	0.7%
48	NGC Euro CLO 5 DAC FRN 15/01/39	0.7%
49	Sculptor European CLO V DAC FRN 15/10/39	0.7%
50	CVC Cordatus Loan Fund XIX DAC FRN 23/09/38	0.7%
51	Carlyle Euro CLO 2013-1 DAC FRN 15/10/38	0.7%
52	Sound Point Euro CLO IV Funding DA FRN 15/04/39	0.7%
53	Barings Euro Middle Market CLO FRN 20/10/39	0.6%
54	SONA ACLAI CLO FRN 15/04/2040	0.6%
55	Sound Point Euro CLO III Funding DAC FRN 15/10/40	0.6%
56	Jubilee Clo 2025-XXX DAC FRN 20/04/38	0.5%
57	Bain Capital Euro CLO 2023-1 DAC FRN 25/01/38	0.5%
58	Fair Oaks Loan Funding VII DAC FRN 15/07/39	0.5%
59	Neuberger Berman Loan Advisers Eur FRN 15/07/40	0.5%
60	Arini European CLO II DAC FRN 15/10/38	0.5%
61	Signal Harmonic Clo V DAC FRN 25/01/38	0.5%
62	Carlyle Global Market Strategies E FRN 16/01/39	0.5%
63	Contego CLO XI DAC FRN 20/11/38	0.5%
64	Carysfort Park CLO FRN 28/04/39	0.5%
65	Avoca CLO XIV DAC FRN 15/07/39	0.5%
66	Avoca Clo Xxx DAC FRN 15/04/39	0.5%
67	Voya Euro CLO I DAC FRN 15/10/37	0.5%
68	Ares European Clo XXIV DAC FRN 15/04/40	0.4%
69	Aurium CLO XIV DAC FRN 20/07/38	0.4%
70	Ares European CLO XII DAC FRN 20/04/32	0.4%
71	Dryden 91 Euro CLO 2021 DAC FRN 18/01/38	0.4%
72	ICG Euro CLO 2023-1 DAC FRN 19/10/38	0.4%
73	Barings Euro CLO 2021-2 DAC FRN 15/10/34	0.4%
74	Harvest CLO XXVIII DAC FRN 25/10/34	0.4%
75	North Westerly VII ESG CLO DAC FRN 15/05/34	0.4%
76	Neuberger Berman Loan Advisers Eur FRN 15/07/39	0.4%
77	Jubilee CLO 2013-X DAC FRN 15/01/39	0.4%
78	Carysfort Park CLO DAC FRN 28/07/34	0.4%
79	Grosvenor Place CLO BV FRN 15/04/40	0.4%
80	St Paul's CLO X DAC FRN 22/04/35	0.3%
81	Arini European CLO I DAC FRN 15/10/38	0.3%
83	Dryden 56 Euro CLO 2017 DAC FRN 15/04/38	0.3%
84	Avoca CLO XXI DAC FRN 15/01/40	0.3%
85	RRE 11 Loan Management DAC FRN 31/03/35	0.3%
86	Aurium CLO IX DAC FRN 28/10/34	0.3%
87	CORDATUS CLO PLC FRN 24/03/2038	0.3%
88	Barings Euro CLO 2023-2 DAC FRN 20/10/38	0.3%
89	Contego CLO XIII DAC FRN 15/10/37	0.3%
91	Aurium CLO II DAC FRN 22/06/34	0.3%
92	Hayfin Emerald CLO IV DAC FRN 15/10/34	0.3%
93	Penta CLO 2021-2 DAC FRN 15/04/38	0.3%
94	Carlyle Global Market Strategies E FRN 15/04/38	0.3%
95	Bain Capital Euro CLO 2025-1 DAC FRN 25/04/39	0.3%
96	Arbour Clo XIII DAC FRN 15/08/38	0.3%
97	AlbaCore EURO CLO II DAC FRN 15/06/34	0.2%
98	Barings Euro CLO 2023-1 DAC FRN 30/07/38	0.2%
99	Penta CLO S.A. FRN 20/05/40	0.2%
100	Contego CLO IV DAC FRN 23/10/39	0.2%
101	Madison Park Euro Funding XIV DAC FRN 15/07/32	0.2%
102	Avoca CLO XXXIII DAC FRN 15/10/38	0.2%
103	Madison Park Euro Funding XIII DAC FRN 15/01/39	0.2%
105	Cross Ocean Bosphorus CLO XI DAC FRN 15/04/38	0.2%
106	Rockford Tower Europe CLO 2021-1 D FRN 20/04/34	0.2%
107	Bridgepoint CLO IV DAC FRN 20/01/39	0.2%
108	RRE 24 Loan Management DAC FRN 15/04/40	0.2%
109	Euro-Galaxy III CLO DAC FRN 24/04/34	0.2%
110	Sound Point Euro Clo 17 Funding DA FRN 20/07/40	0.2%
111	Rockford Tower Europe Clo 2025-2 D FRN 15/10/39	0.2%
112	CIFC European Funding VII DAC FRN 15/07/39	0.2%
113	Madison Park Euro Funding XVII DAC FRN 27/07/34	0.2%
114	Bilbao CLO II DAC FRN 20/02/40	0.2%
115	BBAM European CLO IV DAC FRN 26/10/38	0.2%
116	Dryden 48 Euro CLO 2016 DAC FRN 15/01/40	0.2%
117	Carlyle Euro CLO 2021-1 DAC FRN 15/01/34	0.2%
119	OCP Euro Clo 2024-11 DAC FRN 18/10/37	0.2%
120	Arini European Clo IV DAC FRN 15/01/38	0.2%
121	CVC Cordatus Loan Fund XVIII DAC FRN 29/07/34	0.2%
123	Jubilee CLO 2016-XVII DAC FRN 15/10/38	0.2%
124	Bridgepoint Clo V DAC FRN 31/03/38	0.1%
125	Ares European CLO XX DAC FRN 15/10/38	0.1%
127	Euro-Galaxy VII CLO DAC FRN 25/07/35	0.1%
128	CIFC European Funding CLO III DAC FRN 15/01/39	0.1%
129	Aurium CLO XII DAC FRN 17/10/37	0.1%
131	CVC Cordatus Loan Fund V DAC FRN 21/09/39	0.1%
132	BNPP AM Euro CLO 2019 DAC FRN 22/07/32	0.1%
133	Bain Capital Euro CLO 2024-2 DAC FRN 15/01/37	0.1%
134	Carlyle Euro CLO 2021-2 DAC FRN 15/10/35	0.1%
135	Harvest CLO XXXVII DAC FRN 15/01/39	0.1%
136	Sculptor European CLO VIII DAC FRN 17/01/38	0.1%
137	Madison Park Euro Funding XIX DAC FRN 15/01/38	0.1%
138	Dryden 39 Euro CLO 2015 DAC FRN 15/04/35	0.1%
139	ICG Euro CLO 2021-1 DAC FRN 15/10/34	0.1%
140	Dryden 74 Euro CLO 2020 DAC FRN 18/10/39	0.1%
141	Icg Euro Clo 2025-1 DAC FRN 25/10/38	0.1%
142	Penta Clo 20 DAC FRN 15/10/39	0.1%
143	Cairn CLO FRN 15/04/39	0.1%
144	Avoca CLO XI DAC FRN 15/10/38	0.1%
145	Cairn CLO XVIII DAC FRN 15/04/37	0.1%
146	Grosvenor Place CLO 2024-2 DAC FRN 15/01/39	0.1%
147	Sound Point Euro CLO 11 Funding DA FRN 05/09/37	0.1%
148	Avoca CLO XXXI DAC FRN 15/07/38	0.1%
149	Jubilee CLO 2018-XX DAC FRN 25/01/38	0.1%
150	Henley CLO VII DAC FRN 25/04/39	0.1%
151	Bluemountain Euro 2021-2 CLO DAC FRN 15/10/35	0.1%
152	Madison Park Euro Funding XXI DAC FRN 20/11/39	0.1%
153	Grosvenor Place Clo 2025-3 DAC FRN 15/08/39	0.1%
154	St Paul's CLO VIII DAC FRN 17/07/30	0.1%
155	Rockford Tower Europe CLO 2021-2 D FRN 24/01/35	0.1%
156	CVC Cordatus Loan Fund XXII DAC FRN 15/12/34	0.1%
157	Harvest Clo XXXVIII DAC FRN 22/01/39	0.1%
158	Palmer Square European Loan Fundin FRN 15/05/34	0.0%
159	Northwoods Capital 21 Euro DAC FRN 22/07/34	0.0%
160	Capital Four CLO V DAC FRN 25/01/38	0.0%
161	Barings Euro CLO 2015-1 DAC FRN 25/07/35	0.0%
162	North Westerly VI ESG CLO DAC FRN 20/11/38	0.0%
163	Sculptor European CLO VIII DAC FRN 17/01/39	0.0%
164	Cairn CLO XV DAC FRN 15/04/36	0.0%
165	Harvest CLO XXII DAC FRN 15/01/32	0.0%
166	Cash and/or Derivatives	-3.9%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 14% of similar ETFs💰 All-in cost cheaper than 0%

Versus the Bonds · Europe · USD ETFs we track.

Advanced risk

0.2%

Downside deviation ?

100%

Up months (hit rate) ?

$22.91

52-week high ?

$22.00

52-week low ?

Concentration depth

~72 ?

Effective number of holdings

Roughly 166 companies are held, but the largest names carry most of the weight — so it behaves like ~72 equal-sized positions.

Estimated fund flows

+€345.1M

Estimated net flow, last 3 months

Estimated from fund-size changes.

Documents

📄 KID (PDF)

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Europe bonds

Compare side by side

6 similar funds

	Invesco EUR AAA CLO UCITS ETF USD Hdg AccInvescoYou're viewing	iShares Core € Corp Bond UCITS ETFiSharesBroader match	iShares € High Yield Corp Bond UCITS ETFiSharesBroader match	iShares € Corp Bond ESG SRI UCITS ETFiSharesBroader match	iShares € High Yield Corp Bond UCITS ETFiSharesBroader match	Amundi EUR Corporate Bond 1-5Y ESG UCITS ETF AccAmundiBroader match	Amundi EUR Corporate Bond 1-5Y ESG UCITS ETF USD Hedged AccAmundiBroader match
Why it's similar	This is the fund on this page.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysical Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysical Tracks a different index in the same category.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.
Index tracked	J.P. Morgan European Collateralized Loan Obligation AAA-only Index	Bloomberg Barclays Euro Corporate Bond Index	Markit iBoxx Euro Liquid High Yield Index	Bloomberg MSCI Euro Corporate ESG SRI Index	Markit iBoxx Euro Liquid High Yield Index	Bloomberg MSCI ESG Euro Corporate 1-5 Year Select Index	Bloomberg MSCI ESG Euro Corporate 1-5 Year Select Hedged USD
Yearly fee (TER)	0.25%	0.11%	0.55%	0.16%	0.55%	0.20%	0.22%
All-in cost	0.56%	0.11%	0.55%	0.16%	0.55%	0.20%	0.22%
Fund size	€1.2B	€16.2B	€8.7B	€7B	€6.5B	€6.4B	€6.4B
Domicile	Ireland	Ireland	Ireland	Ireland	Ireland	LU	LU
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.		+5.4%		+4.7%		+3.6%
5-yr return p.a.		+0.8%		+0.1%
# holdings	166	4,156	675	3,222	675	1,856	1,856

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Data as of 2026-10-08 · Source: issuer data, compiled by Finance Hamster

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