New York Stock Exchange · ETF
Invest in ACLO ETF from India
Indian and foreign residents can buy TCW AAA CLO ETF (ACLO) units directly through Paasa.
By Paasa · Updated
ACLO at a glance
- Price
- $50.51+$0.01 (0.02%)
- Expense ratio
- 0.2%
- Day range
- $50.50 – $50.51
- Assets
- $601.6M
- Domicile
- the US
- Holdings
- 363
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -0.04%
- 6 months
- +0.32%
- YTD
- +0.42%
- 1 year
- +0.08%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NET OTHER ASSETS0.9%
- 2AMERICAN MONEY MANAGEMENT CORP AMMC 2022 27A A2R 144A0.9%
- 3MADISON PARK FUNDING LTD MDPK 2021 49A AR 144A0.9%
- 4OCTAGON INVESTMENT PARTNERS 51 OCT51 2021 1A AR 144A0.9%
- 5ROCKFORD TOWER CLO LTD ROCKT 2025 1A A1 144A0.9%
- 6GOLUB CAPITAL PARTNERS CLO LT GCBSL 2017 19RA A2R3 144A0.9%
- 7DRYDEN SENIOR LOAN FUND DRSLF 2019 68A ARR 144A0.9%
- 8MILFORD PARK CLO LTD. MLFPK 2022 1A AR 144A0.9%
- 9GOLUB CAPITAL PARTNERS CLO LT GCBSL 2026 88A A1 144A0.9%
- 10SSC GOVERNMENT MM GVMXX0.8%
ACLO holds 363 securities in total. These 10 are 9.0% of the fund.
Where the money is invested
Countries
- United States96.8%
- Other3.1%
How to invest in ACLO from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search ACLO and buy
Find the fund by its ticker, ACLO, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in ACLO from India
What ACLO holds
The TCW AAA CLO ETF (ACLO) aims to deliver both a consistent income stream and robust protection for invested capital. This dual objective is achieved because the fund holds the most senior, highest-rated position within the investment's capital structure.
Hold a dollar asset
ACLO is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one ACLO unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy ACLO from India?
Yes. Indian residents can buy TCW AAA CLO ETF (ACLO) through Paasa. It is listed on the New York Stock Exchange and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does ACLO invest in?
TCW AAA CLO ETF holds 363 securities. Its largest holdings are NET OTHER ASSETS (0.9%), AMERICAN MONEY MANAGEMENT CORP AMMC 2022 27A A2R 144A (0.9%) and MADISON PARK FUNDING LTD MDPK 2021 49A AR 144A (0.9%). It is a distributing fund domiciled in the US.
What is the expense ratio of ACLO?
TCW AAA CLO ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $601.6M.
How are ACLO dividends taxed in India?
TCW AAA CLO ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell ACLO?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one ACLO unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $50.51, and there is no minimum trade size.
What happens to my ACLO units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.