Panagram BBB-B CLO ETFCLOZ
CLOZ
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
27% more capital invested
Capital invested by funds: $210M [Q2] → $267M (+$56.7M) [Q3]
25% more funds holding
Funds holding: 44 [Q2] → 55 (+11) [Q3]
3.82% more ownership
Funds ownership: 53.13% [Q2] → 56.95% (+3.82%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for CLOZ.
Financial journalist opinion
Positive
ETF Trends
1 week ago
CLO ETFs Among Top Opportunities for 2025, Advisors Say
CLO ETFs remain an attractive opportunity for investors in 2025. A recent poll during VettaFi's 2025 Market Outlook Symposium showed many advisors see CLOs as a compelling opportunity for next year.
Positive
Seeking Alpha
3 weeks ago
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 better than reasonable. Lots of ETFs offer higher yields, returns, and risk-adjusted returns than these larger ETFs, with extra advantages to boot.
Positive
Seeking Alpha
1 month ago
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, and outstanding risk-returns. CEFS is much more aggressive, offering a good 7.8% yield, and strong returns. It is riskier than most.
Neutral
Seeking Alpha
2 months ago
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 though, with some variable rate investments likely to offer above-average yields for years to come, others not so much.
Positive
Seeking Alpha
2 months ago
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 covers distributions by itself, without relying on net realized gains. There is no risk of a dividend cut at the moment. The main risk is borrower defaults, influenced by interest rates; however, historical default rates for CLOs have been low, even during financial crises.
Positive
ETF Trends
3 months ago
CLO ETFs in Focus: Virtus, Blondbloxx, Nuveen Plot Entrance
Several firms are planning to launch collateralized loan obligation (CLO) ETFs, enhancing options for investors. CLOs have provided attractive risk-adjusted returns over the past decade, especially when compared to other fixed income investments.
Neutral
Seeking Alpha
3 months ago
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, some moderately so.
Negative
Seeking Alpha
4 months ago
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 ETFs keep chugging along, without significant losses or underperformance.
Positive
Seeking Alpha
4 months ago
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 from 6.4% to 8.9%, and that is without leverage or excessive credit risk.
Positive
ETF Trends
5 months ago
Fixed Income ETFs Support Range of Advisor Objectives
In the first half of 2024, fixed income ETFs represented 29% of the U.S. industry's flows. This is encouraging as the asset category represents just 18% of the asset base.
Charts implemented using Lightweight Charts™