CLOBVanEck AA-BB CLO ETF

Get income1y track recordRanked #857 of 1,706 in this goal

Seeks capital preservation and current income.

By VanEck · Launched 2024

Annual Cost

0.45%

#2,319 of 6,040 · average

Fund Size

$187M

#2,510 of 6,040 · mid-size

Return (1Y)

+5.3%

Track Record

1 year

#3,762 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,534+5.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

CLO

Holdings

By weight

Concentration

Top 10 holdings = 39.8% of funddiversified

Octagon 64 Ltd

6.2%

610 Funding 2 CLO Ltd

4.7%

Rockford Tower CLO Ltd

4.4%

Dryden Senior Loan Fund

4.3%

Rockford Tower CLO Ltd

4.1%

CQS US CLO Ltd

3.7%

Brant Point CLO Ltd

3.1%

KKR Financial CLO Ltd

3.1%

Signal Peak CLO, LLC

3.1%

Neuberger Berman CLO Ltd

3.1%

Asset allocation

Bonds

88.9%

Cash

11.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.9%Low

Year-on-year price swings

Max drawdown

-5.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

5.9 years

Avg maturity

10.0 years

Credit ratings

US Government

10.8%

AAA

6.8%

29.2%

24.0%

BBB

19.2%

8.4%

Other

12.5%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital preservation and current income.
Strategy: Actively manages a portfolio primarily invested in collateralized loan obligations (CLOs) of any maturity rated between AA+ and BB-. Invests primarily in U.S. dollar denominated CLOs, with up to 30% in foreign currency CLOs.
Inception date: September 24, 2024
Fund family: VanEck