VanEck AA-BB CLO ETF (CLOB)
| Assets | $172.20M |
| Expense Ratio | 0.45% |
| PE Ratio | n/a |
| Shares Out | 3.40M |
| Dividend (ttm) | $3.30 |
| Dividend Yield | 6.52% |
| Ex-Dividend Date | Feb 2, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 7,063 |
| Open | 50.72 |
| Previous Close | 50.66 |
| Day's Range | 50.63 - 50.72 |
| 52-Week Low | 45.00 |
| 52-Week High | 51.18 |
| Beta | n/a |
| Holdings | 56 |
| Inception Date | Sep 24, 2024 |
About CLOB
Fund Home PageThe VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in collateralized loan obligations (CLOs) of any maturity that are rated between AA+ and BB-. While targeting USD-denominated high-quality CLOs, the fund may still hold high-yield bonds in foreign currency. CLOB was launched on Sep 24, 2024 and is issued by VanEck.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 2, 2026 | $0.238 | Feb 5, 2026 |
| Dec 29, 2025 | $0.3271 | Dec 31, 2025 |
| Nov 28, 2025 | $0.2629 | Dec 3, 2025 |
| Nov 3, 2025 | $0.2836 | Nov 6, 2025 |
| Oct 1, 2025 | $0.264 | Oct 6, 2025 |
| Sep 2, 2025 | $0.2754 | Sep 5, 2025 |
Performance
CLOB had a total return of 6.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.46%.
News
Understanding CLOB: Income From The Middle Of The CLO Structure
The VanEck AA-BB CLO ETF targets current income and capital preservation by investing in AA to BB rated CLO tranches. CLOB offers a 6.6% TTM yield, about 100-150 bps above AAA CLO ETFs, compensating f...
CLOB: Not A Good Time To Own CLO Tranches (Rating Downgrade)
As a floating-rate asset tied to SOFR, CLOB's income is directly vulnerable to the Fed's easing cycle. CLO spreads are currently at multi-year lows (0th to 10th percentile for certain tranches), meani...
Fixed Income Portfolio Update: 5.5% Yield With Minimal Risk
Constructing a stable income portfolio in today's volatile market favors CLO bond ETFs with strong yield and minimal drawdown. My recent portfolio revision removed underperforming or volatile funds, a...
CLOB: 6% Yield On Debt CLOs
The VanEck AA-BB CLO ETF (CLOB) offers exposure to mezzanine tranches of CLOs, targeting AA-BB ratings for higher yield and moderate risk. CLOB yields 6%-plus with strong distribution coverage (1.32x ...
CLOB: Great CLO Fund, Timing Is Not Good
The VanEck AA-BB CLO ETF offers a mixed portfolio of AA to BB CLO tranches, aiming for high current income with a 7.25% SEC yield. Despite its robust structure and low default probabilities, the ETF e...
CLOB: New Diversified CLO ETF By VanEck, Strong 7.0% Yield To Maturity
CLOB invests in a diversified portfolio of debt CLOs. Ratings range from AA to BB. Overall credit quality is high, with a strong 8.0% distribution yield. It is a young fund, created late September. Sh...