CLOIVanEck CLO ETF

Get income3y track recordRanked #364 of 1,622 in this goal

Seeks capital preservation and current income.

By VanEck · Launched 2022

Annual Cost

0.36%

#1,826 of 5,562 · low cost

Fund Size

$1.3B

#957 of 5,562 · large

Dividend YieldGoal

5.40%

Track Record

3 years

#2,704 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,547+5.5%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

CLO

What it actually holds

By weight

Concentration

Top 10 holdings = 24.8% of fund✓ well diversified

United States Treasury

6.6%

Signal Peak CLO, LLC

2.8%

Regatta VI Funding Ltd.

2.7%

Neuberger Berman CLO Ltd

2.0%

Trinitas CLO Ltd

2.0%

Octagon 64 Ltd

1.9%

Neuberger Berman CLO Ltd

1.7%

HalseyPoint CLO I, Ltd.

1.7%

KKR Financial CLO Ltd

1.7%

RR Ltd

1.7%

Asset allocation

Bonds

96.9%

Cash

3.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.2%Low

Year-on-year price swings

Max drawdown

-3.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.26Strong risk-adjusted returns

Sortino (3Y)

1.63Good downside protection

Bond profile

Duration

5.3 years

Avg maturity

10.0 years

Credit ratings

US Government

2.2%

AAA

37.6%

36.6%

13.9%

BBB

4.4%

1.5%

Other

6.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital preservation and current income.
Strategy: Actively managed, invests primarily in investment grade-rated debt tranches of collateralized loan obligations (CLOs). Focuses on U.S. dollar-denominated CLO securities, with up to 30% in foreign currency CLOs, using bottom-up analysis for selection.
Inception date: June 21, 2022
Fund family: VanEck