VanEck AA-BB CLO ETF (CLOB)

NYSEARCA: CLOB · Real-Time Price · USD
50.49
-0.01 (-0.02%)
Oct 25, 2024, 11:18 AM EDT - Market closed
-0.02%
Assets $50.45M
Expense Ratio 0.45%
PE Ratio n/a
Shares Out 1,000,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 2,362
Open 50.57
Previous Close 50.50
Day's Range 50.49 - 50.57
52-Week Low 50.05
52-Week High 50.78
Beta n/a
Holdings n/a
Inception Date Sep 24, 2024

About CLOB

Fund Home Page

The 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.

Asset Class Fixed Income
Category Bank Loan
Stock Exchange NYSEARCA
Ticker Symbol CLOB
ETF Provider VanEck

News

CLO ETFs: Resilient in the Face of Lower Rates?

Two years ago, the Federal Reserve's rate-hiking campaign ushered in a wave of interest in CLOs. Sticky inflation and higher-for-longer rates drove investors to seek refuge in high-quality, floating-r...

Other symbols: CLOIJAAA
2 days ago - ETF Trends

New CLO ETF Offers High Income, Reduced Risk

For the uninitiated, collateralized loan obligations (CLOs) may appear too good to be true. This corner of the bond market offers tempting yields, usually well in excess of aggregate bond strategies, ...

Other symbols: CLOI
7 days ago - ETF Trends

Consider CLOB for CLO Income

The VanEck CLO ETF (CLOI) pioneered exposure to collateralized loan obligations (CLOs) via the ETF wrapper. That broadened access to an income-generating asset class that was the long the territory of...

Other symbols: CLOI
11 days ago - ETF Trends

ETF Prime: Rosenbluth on Semitransparent Active ETFs & More

On this week's episode of ETF Prime, host Nate Geraci sat down with VettaFi's Head of Research Todd Rosenbluth to discuss Bitwise's XRP filing, semitransparent active ETFs, and CLOs. Later, Geraci wel...

17 days ago - ETF Trends

VanEck's New Fixed Income ETF Focuses on CLOs

On Wednesday, VanEck launched a new fixed income fund, the VanEck AA-BB CLO ETF (CLOB). CLOB seeks to provide both capital preservation and current income for its investors.

4 weeks ago - ETF Trends