Reckoner Launches Novel CLO ETFs That Reinvest Loan Dividends
Reckoner Capital Management is launching a series of collateralized loan obligation ETFs that will automatically reinvest loan dividends, a novel feature that will allow investors to control when they collect...
By Scott Carpenter · Bloomberg Markets
Reckoner Capital Management is launching a series of collateralized loan obligation ETFs that will automatically reinvest loan dividends, a novel feature that will allow investors to control when they collect distributions and pay taxes.