Eldridge BBB-B CLO ETF (CLOZ)
| Assets | $638.12M |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 24.60M |
| Dividend (ttm) | $2.31 |
| Dividend Yield | 8.91% |
| Ex-Dividend Date | Apr 2, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | -3.30% |
| Volume | 198,095 |
| Open | 26.00 |
| Previous Close | 25.87 |
| Day's Range | 25.95 - 26.11 |
| 52-Week Low | 25.08 |
| 52-Week High | 27.25 |
| Beta | 0.09 |
| Holdings | 199 |
| Inception Date | Jan 24, 2023 |
About CLOZ
Fund Home PageThe Eldridge BBB-B CLO ETF (CLOZ) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in USD-denominated collateralized loan obligations of any maturity that are rated between BBB+ and B-. CLOZ was launched on Jan 24, 2023 and is issued by Eldridge.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 2, 2025 | $0.20215 | Apr 8, 2025 |
| Mar 4, 2025 | $0.14551 | Mar 10, 2025 |
| Feb 4, 2025 | $0.1584 | Feb 10, 2025 |
| Dec 27, 2024 | $0.20874 | Jan 2, 2025 |
| Dec 3, 2024 | $0.17656 | Dec 9, 2024 |
| Nov 4, 2024 | $0.22546 | Nov 8, 2024 |
News
CLOZ: Better Income Than A Money Market Account And Less Volatile Than Stocks
The fund's strategy focuses on generating consistent income from CLO debt investments rated at a BBB and BB. The outlook for the fund remains positive, supported by strong market fundamentals and effe...
CLOZ: A Good Pick For Higher-Risk CLO Exposure
The Eldridge BBB-B CLO ETF offers liquid access to illiquid collateralised loan obligations, focusing on BBB-to-BBB rated tranches with variable-rate structures. The ETF maintains a significant 8% cas...
CLOZ: BBB-B CLOs Are Paying Me Handsomely
CLOs are currently my favorite debt vehicles due to high yields linked to elevated short-term rates. Eldridge BBB-B CLO ETF offers an 8.78% TTM yield, with low sensitivity to rate changes, making it a...
Undercovered ETFs: Parking Cash, CLOs, Bonds, Mexico +
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential opportunities and trends in this space. The Janus Henderson AAA CLO ETF (JAAA) inves...
CLOZ: Strong Fundamentals With High Income
I am bullish on CLOZ due to its high returns, low risk, and low volatility. CLOZ invests in a diversified portfolio of CLOs, offering a mix of low-risk BBB tranches and higher-return BB tranches with ...
CLOZ: Strong CLO ETF, 7-7.5% Forward Yield, Outstanding Performance Track-Record
CLOZ invests in BBB-BB CLOs. It significantly outperformed most of its peers during 2024, despite several rate cuts. It boasts an 8.8% yield, which should decline to around 7.3%, depending on the magn...
The Largest Bond ETFs Are Good, But These ETFs Are Better
The largest bond ETFs are almost exclusively index funds focusing on the broader bond market, or on specific bond sub-asset classes. These ETFs are reasonable investments, but investors can do much be...
3 Strong Income ETFs, Yields 6.2% - 8.3%
CARY, CLOZ, and CEFS are three of the strongest income ETFs in the market right now. CARY's diversified, high-quality portfolio is perfect for more risk-averse investors. It has a solid 6.2% yield, an...
Breakeven Federal Reserve Cuts For Short-Term And Variable Rate ETFs
Federal Reserve cuts will lead to lower dividend yields on ultra short-term and variable rate investments. Most of these trade with healthy spreads to comparable fixed-rate bonds. Breakevens vary thou...
CLOZ: Collecting A Higher Yield With Less Risk
Panagram's Bbb-B Clo ETF offers a high yield through BBB and BB-rated debt, aiming for capital preservation and high current income with a 9% dividend yield. CLOZ's net investment income comfortably c...
CLO Debt ETFs Or CLO Equity CEFs: Which Are Best For Income Investors And Retirees
CLOs have several tranches. Equity tranches are the riskiest ones, but also have the highest yields, and strongest potential returns. Debt tranches are safer and lower-yielding, some significantly so,...
CLOs In The Current Market Selloff
Equities are down, due to bearish sentiment, mediocre economic news, and the unwinding of the Japanese carry trade. High-yield bonds and senior loans are seeing some pain too, albeit much reduced. CLO...
Is CLO Outperformance Set To Continue?
CLO ETF performance has been outstanding these past few years. Most have seen below-average drawdowns, significant dividend growth, and massive outperformance with above-average yields. Yields range f...
CLOZ: 4 Reasons Why I Am Bullish
Panagram BBB-B CLO ETF invests in below investment grade CLOs with a focus on BBB-B ratings for high-income and capital preservation. CLOZ is a unique product offering that has significant exposure to...
3 Strong, Little-Known Income ETFs
Some income ETFs offer high yields and strong value propositions, but fly under the radar of most investors. I've identified three such ETFs: RISR, HYGH and CLOZ. These offer yields in the 7% - 9% ran...
3 Strong Income ETFs, With +8.0% Yields
BIZD, CEFS, and CLOZ are three income ETFs offering investors strong, above-average yields, in the 8.4%-10.5% range. BIZD has the highest yield but is quite risky. CLOZ has the lowest yield, with low ...
JBBB Vs. CLOZ: Which High-Yield CLO ETF Is Best For Income Investors?
JAAA and JBBB are both actively-managed ETFs investing in senior loan CLO tranches. JBBB focuses on BBB-rated tranches, CLOZ an even mix of BBB and BB. Both funds are broadly similar, with strong yiel...
3 Reasons CLO ETFs Are A Buy, Even If The Fed Cuts
CLO ETFs offer investors strong yields with little credit or interest rate risk. These are variable rate ETFs, and should see declining dividends as the Fed cuts rates. I still think they are buys, fo...
CLOZ: High-Yield CLO Debt ETF, Strong 9.6%, Outstanding Performance
CLO debt ETFs offer investors strong yields without significant credit or rate risk. CLOZ focuses on CLO tranches rated BBB-BB, yielding significantly more than most bond ETFs, somewhat higher than it...
Juan's Top Dividend ETFs For 2024
On Seeking Alpha, I focus on dividend ETFs targeted towards income investors and retirees. Dividend ETFs focusing on bonds and fixed-income securities have seen significant dividend growth these past ...
Sell MORT, Buy These ETFs Instead
MORT is a poorly performing income ETF with high risk and consistent losses. Investors seeking high yields should consider alternatives. With an unfavorable view of MORT, I offer my views as to why al...
CLOZ: Strong Results Out Of The Gate
Panagram Bbb-B Clo ETF has had strong performance since its inception, but its future success depends on credit risk. The fund primarily invests in BBB and BB-rated Collateralized Loan Obligation tran...
The Best Floating Rate Funds For Income Investors And Retirees
Floating rate securities have strong yields, low duration, and have significantly outperformed YTD. There are several strong floating rate funds available to investors. Credit risk varies, but there a...