CLOXEldridge AAA CLO ETF

Get income2y track recordRanked #405 of 1,622 in this goal

Seeks to generate current income with a secondary focus on capital preservation.

By Eldridge Capital Management · Launched 2023

Annual Cost

0.20%

#1,039 of 5,562 · low cost

Fund Size

$284M

#1,985 of 5,562 · mid-size

Dividend YieldGoal

4.96%

Track Record

2 years

#3,084 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,549+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 = 18.2% of fund✓ well diversified

GoldenTree Loan Management US

2.1%

ARES CLO Ltd

2.1%

Sixth Street CLO LTD.

2.1%

Benefit Street Partners CLO Lt

1.9%

Oak Hill Credit

1.8%

Rockland Park CLO Ltd

1.7%

KKR Financial CLO Ltd

1.7%

Regatta 30 Funding Ltd.

1.7%

CIFC Funding Ltd

1.7%

ARES CLO Ltd

1.7%

Asset allocation

Bonds

98.6%

Cash

2.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.3%Low

Year-on-year price swings

Max drawdown

-4.1%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

5.0 years

Avg maturity

10.0 years

Credit ratings

AAA

100.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to generate current income with a secondary focus on capital preservation.
Strategy: Actively managed, invests primarily in AAA-rated tranches of collateralized loan obligations (CLOs). Focuses on high-quality securities backed by senior secured loans, aiming for income generation and capital preservation.
Inception date: July 18, 2023
Fund family: Eldridge Capital Management