Summary
CLOZ Chart
CLOZ: Best-Performing CLO ETF, Above-Average Yield, Improving Market Environment
With Fed rates stabilizing, and the market turning hawkish, variable rate investments deserve another look. The Eldridge BBB-B CLO ETF (CLOZ) focuses on variable rate BBB-BB CLOs. It sports an above-average 7.0% dividend yield, and has outperformed most bonds on an absolute and risk-adjusted basis.
Eldridge BBB-B CLO ETF $CLOZ Shares Bought by Farther Finance Advisors LLC
Farther Finance Advisors LLC lifted its position in shares of Eldridge BBB-B CLO ETF (NYSEARCA:CLOZ) by 271.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,842 shares of the company's stock after buying an additional 27,641
CLOZ: Price Decline Presents An Opportunity
Eldridge BBB-B CLO ETF offers an 8% yield, but recent price declines reflect tighter credit spreads and market volatility. CLOZ's income relies on elevated interest rates; falling rates in 2026 could pressure distributions and necessitate payout cuts. The portfolio is diversified, with 62.6% in CLO BBB tranches and significant exposure to high-tech, banking, and healthcare sectors.
Panagram BBB-B CLO ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 10,827 | $291,160.43 | $285,237.31 | -$5,923.12 | -2.03% |
| RS Richard Slavik Newbridge Financial Services Group Inc. | 1,679 | $45,030.78 | $44,233.25 | -$797.53 | -1.77% |
| RS Russell Silberstein Carmel Capital Partners LLC | 123,439 | $3.3M | $3.25M | -$47,287.39 | -1.43% |
| ECD Elizabeth C. DeWan WMG Financial Advisors LLC | 13,680 | $362,246.4 | $360,399.6 | -$1,846.8 | -0.51% |
| RLE Raymond L. Eaton Primoris Wealth Advisors LLC | 51,450 | $1.38M | $1.36M | -$20,807.75 | -1.51% |
Panagram BBB-B CLO ETF (CLOZ) FAQ
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Panagram BBB-B CLO ETF Profile
| ARCA Exchange | US Country |
Overview
This fund operates as an actively managed exchange-traded fund (ETF) that specializes in investing primarily in collateralized loan obligations (CLOs). Its strategic focus is on CLOs that are rated from BBB+ to B- or have an equivalent rating by a Nationally Recognized Statistical Rating Organization (NRSRO). Structured as a non-diversified fund, it dedicates at least 80% of its net assets, in addition to any borrowings for investment purposes, towards its core investment strategy. This approach allows the fund to navigate and exploit opportunities within the CLO market, aiming to achieve its investment objective through precise and targeted investments.
Products and Services
- Collateralized Loan Obligations (CLOs) Investment
The fund's primary service offering involves the investment in CLOs that are rated between BBB+ and B- or hold an equivalent rating by an NRSRO. These investments form the core of the fund's portfolio, providing exposure to a range of credit opportunities within the CLO market. This strategy is designed to navigate the complexities of the CLO space, targeting investments that offer a balanced risk-return profile within the specified rating band.
