menu search

CLOZ / CLOZ: Beware Widening Credit Spreads (Rating Downgrade)

CLOZ: Beware Widening Credit Spreads (Rating Downgrade)
The CLOZ ETF has rallied significantly, delivering a full year's worth of returns in just 3 months as leveraged loans have performed well in 2023. At current portfolio yields ~10% and worst case default experience from GFC, CLOZ should still deliver 6-9% forward returns. However, tactically, I believe a pullback is imminent, as credit spreads have widened but leveraged loans and CLO ETFs have not yet responded. Read More
Posted: Oct 25 2023, 05:35
Author Name: Seeking Alpha
Views: 1123100

CLOZ News  

CLOZ: Beware Widening Credit Spreads (Rating Downgrade)

By Seeking Alpha
October 25, 2023

CLOZ: Beware Widening Credit Spreads (Rating Downgrade)

The CLOZ ETF has rallied significantly, delivering a full year's worth of returns in just 3 months as leveraged loans have performed well in 2023. At more_horizontal

The Best 3 CLO ETFs For Income Investors And Retirees

By Seeking Alpha
September 20, 2023

The Best 3 CLO ETFs For Income Investors And Retirees

Collateralized loan obligations, or CLOs, offer investors good growing dividends and low interest rate risk. Their performance since inception has bee more_horizontal

CLOZ: BBB-BB CLO ETF, Strong 10.7% SEC Yield, Low Interest Rate Risk

By Seeking Alpha
August 10, 2023

CLOZ: BBB-BB CLO ETF, Strong 10.7% SEC Yield, Low Interest Rate Risk

CLOZ is the highest-yielding CLO ETF in the market, with a strong, fully-covered 10.7%. It has very low interest rate risk as well. An overview of the more_horizontal

Panagram Launches Second Active CLO ETF

By ETF Trends
July 19, 2023

Panagram Launches Second Active CLO ETF

Panagram Structured Asset Management announced the launch of its second ETF: the Panagram AAA CLO ETF (NYSE Arca: CLOX). CLOX prioritizes capital pres more_horizontal

CLOZ: Attractive Yields Based On Historical Default Rates

By Seeking Alpha
June 20, 2023

CLOZ: Attractive Yields Based On Historical Default Rates

The CLOZ ETF provides exposure to non-investment grade tranches of CLO securities. CLOs provide a yield pickup compared to similarly rated bonds. The more_horizontal

JBBB And CLOZ: Safer, Higher-Rated CLO Debt Paying In The Double-Digits

By Seeking Alpha
April 4, 2023

JBBB And CLOZ: Safer, Higher-Rated CLO Debt Paying In The Double-Digits

As Baron Rothschild once said: "Invest when there's blood in the streets". The credit markets seem to have some blood in them too, and we are seeing c more_horizontal

Panagram Launches Actively Managed CLO ETF

By ETF Trends
January 24, 2023

Panagram Launches Actively Managed CLO ETF

Panagram Structured Asset Management, a $13.5 billion credit asset manager and a subsidiary of Eldridge, today announced the launch of its first ETF: more_horizontal


Search within

Pages Search Results: