CLOIVanEck CLO ETF

Get income4y track recordRanked #349 of 1,706 in this goal

Seeks capital preservation and current income.

By VanEck · Launched 2022

Annual Cost

0.36%

#1,830 of 6,040 · low cost

Fund Size

$1.5B

#925 of 6,040 · large

Return (1Y)

+5.2%

Track Record

4 years

#2,653 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,518+5.2%

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 = 24.7% of funddiversified

610 Funding 2 CLO Ltd

4.8%

Signal Peak CLO, LLC

2.8%

Regatta VI Funding Ltd.

2.8%

Ocean Trails CLO

2.7%

CQS US CLO Ltd

2.6%

Neuberger Berman CLO Ltd

2.0%

Octagon 64 Ltd

1.9%

Trinitas CLO Ltd

1.7%

Neuberger Berman CLO Ltd

1.7%

HalseyPoint CLO I, Ltd.

1.7%

Asset allocation

Bonds

95.3%

Cash

4.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.9%Low

Year-on-year price swings

Max drawdown

-3.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.99Decent risk-adjusted returns

Sortino (3Y)

1.28Good downside protection

Bond profile

Duration

5.3 years

Avg maturity

10.0 years

Credit ratings

US Government

4.6%

AAA

48.3%

28.2%

12.4%

BBB

3.6%

1.3%

Other

6.2%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital preservation and current income.
Strategy: Actively manages a portfolio primarily invested in investment grade-rated debt tranches of collateralized loan obligations (CLOs) of any maturity, focusing on U.S. dollar denominated securities while allowing up to 30% in foreign currencies. The strategy includes bottom-up analysis of CLO investments and may use derivatives for hedging currency exposure.
Inception date: June 21, 2022
Fund family: VanEck