# Reckoner Yield Enhanced AAA CLO Annual ETF (RAAY) — Overview

RAAY · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/raay

## Price

Last close $103.24 on Oct 15, 2026. 52-week range $99.56 – $103.47.

## Fund profile

RAAY seeks an enhanced total return on a diverse portfolio of AAA-rated CLO assets while making one distribution per annum.

| Metric | Value |
| --- | --- |
| Issuer | Reckoner Capital Management LLC |
| Industry | — |
| Inception | Feb 11, 2026 |
| Assets under management | $20.6M |
| Expense ratio | 0.35% |
| Net asset value | $103.24 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 2x |

## Frequently Asked Questions

### What is Reckoner Yield Enhanced AAA CLO Annual ETF (RAAY)?

RAAY seeks an enhanced total return on a diverse portfolio of AAA-rated CLO assets while making one distribution per annum.

### What is RAAY's expense ratio?

Reckoner Yield Enhanced AAA CLO Annual ETF charges an annual expense ratio of 0.35%. The fund is issued by Reckoner Capital Management LLC.

### How large is RAAY?

Reckoner Yield Enhanced AAA CLO Annual ETF manages $20.6M in assets and has traded since Feb 11, 2026.

### How do I buy shares of Reckoner Yield Enhanced AAA CLO Annual ETF (RAAY)?

RAAY trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).