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CLOZ ETF Price & Analysis

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CLOZ ETF Chart & Stats

ETF Overview

Panagram BBB-B CLO ETF

The Panagram BBB-B CLO ETF, trading under the ticker CLOZ, offers investors a strategic opportunity to engage with the dynamic world of corporate bank loans, specifically targeting the floating rate segment within the broad credit market. As a niche-focused fund, CLOZ is meticulously designed to capitalize on the potential benefits of collateralized loan obligations (CLOs), with a particular emphasis on securities rated within the BBB to B range. This focus allows for a diversified exposure to credit markets, blending higher yields with the stability of investment-grade securities. CLOZ stands out in the corporate category due to its unique positioning in the floating rate niche, making it an attractive option for investors seeking to hedge against interest rate volatility while accessing the lucrative bank loan sector. The ETF's strategic allocation provides a balanced approach, mitigating risk through diversification across various industries and issuers, while taking advantage of the upward potential presented by fluctuating interest rates. By investing in CLOZ, investors can tap into the expertise of seasoned financial managers who navigate the complexities of the CLO market, aiming to deliver consistent performance through disciplined credit selection and rigorous risk management. This fund offers a compelling blend of income and growth potential, appealing to those looking to enhance their portfolios with a sophisticated credit instrument that adapts to changing economic conditions.

Panagram BBB-B CLO ETF (CLOZ) Fund Flow Chart

Panagram BBB-B CLO ETF (CLOZ) 1 year Net Flows: $715M

CLOZ ETF FAQ

What was CLOZ’s price range in the past 12 months?
CLOZ lowest ETF price was $26.25 and its highest was $27.25 in the past 12 months.
    What is the AUM of CLOZ?
    As of Feb 21, 2025 The AUM of CLOZ is 976.87M.
      Is CLOZ overvalued?
      According to Wall Street analysts CLOZ’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does CLOZ pay dividends?
        CLOZ pays a Monthly dividend of $0.158 which represents an annual dividend yield of 8.75%. See more information on CLOZ dividends here
          How many shares outstanding does CLOZ have?
          CLOZ has 35,400,000 shares outstanding.
            Which hedge fund is a major shareholder of CLOZ?
            Currently, no hedge funds are holding shares in CLOZ

            Top 10 Holdings

            Name
            Weight %
            USD_CASH
            ASSET-BACKED SECURITIES
            23.88%
            USD_CASH
            U.S. Dollar
            7.97%
            USD_CASH
            CIFC Funding 2018-II D1R 7.34317% 20-OCT-2037
            1.05%
            USD_CASH
            Ballyrock CLO 28 C1 7.09317% 20-JAN-2038
            1.05%
            USD_CASH
            Palmer Square CLO 2024-4 D1 7.00857% 15-JAN-2038
            1.05%
            USD_CASH
            Madison Park Funding LVIII D 7.95007% 25-APR-2037
            0.94%
            USD_CASH
            OCP CLO 2017-14 D1R 7.39317% 20-JUL-2037
            0.84%
            USD_CASH
            CORPORATE BOND
            0.84%
            USD_CASH
            AGL CLO 33 D1 7.09317% 21-JUL-2037
            0.83%
            USD_CASH
            Madison Park Funding XXVIII ER 10.65198% 15-JAN-2038
            0.80%
            Total39.25%
            See All Holdings
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