Skip to content
etf.net

CLOC

GradeDNew York Stock Exchange Arca

AAM Crescent CLO ETF

Specialty Bonds · AAM · Inception 2025-10-22 · SEC filings

$25.10+0.03 (+0.11%)

As of Sep 23, 2026, 2:06 PM EDT

History starts Oct 23, 2025.History starts Oct 23, 2025.
Intraday session: up, 6 prints from 25.07 to 25.10. Range 25.05 to 25.10. Use the arrow keys to read each point.$25.06$25.0810 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$61M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
61
Volume · 30D
0M sh
NAV per share
$24.99
52W range
low $24.81high $25.26

The ETF.net CLOC Grade

D

33/ 100

Rank 29 of 34 in Collateralized Loan Obligations (CLO)⁠

Confidence Medium

Six-pillar profile for CLOC. Scores out of 100: Cost 18, Risk 66, Mission not scored, Tradability 18, Holdings 47, Durability 48. Strongest: Risk (66). Weakest: Tradability (18). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 33 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 18
    Category rank27/34 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 66
    Category rank11/33 · top 33%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 18
    Category rank29/34 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 47
    Category rank26/34 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 48
    Category rank23/34 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on CLOC

ETF.net Research

DA 2025 arrival in the CLO aisle that undercuts the category on fee: 0.18% a year, below the typical CLO fund and below the giants it competes with. Its mandate leads with capital preservation, then low correlation and current income.

Stated mandate

The Fund seeks capital preservation, low correlation with traditional asset classes, and current income.

Why people hold it

  1. 01Cheapest seat in the CLO aisle: 0.18% a year against a 0.25% category median, and a step under the biggest AAA CLO funds (JAAA, CLOA, PAAA, FAAA, ACLO at 0.19%-0.20%).
  2. 02The mandate is unusually explicit: capital preservation first, low correlation with traditional asset classes second, current income third.
  3. 03Young, but it already stands in the upper half of a crowded 27-fund CLO group.

Worth knowing

  1. 01Thinly traded next to the multi-billion-dollar CLO names, so spreads can be wider and larger orders take patience.
  2. 02Launched in October 2025, so the history is short and there is not yet a full credit cycle to judge it by.
  3. 03Distributions have come on an irregular schedule rather than a fixed monthly rhythm, so income timing is less predictable.

CLOC Holdings

As of Sep 20, 2026, 8:43 AM
Asset class
Bonds
Holdings
61
Top-10 weight
25%
Largest holding
Apidos Loan Fund 2024-1 Ltd 6.5102% 10/25/20382.5%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Apidos Loan Fund 2024-1 Ltd 6.5102% 10/25/20382.55%1,550,000$02
002—Maranon Loan Funding 2025-1 Ltd 8.8529% 10/15/20372.50%1,525,000$01
003—OHA Credit Funding 19 Ltd 6.6292% 07/20/20372.47%1,500,000$01
004—CTM CLO 2025-1 Ltd 5.2529% 07/15/20382.46%1,500,000$03
005—Birch Grove CLO 16 Ltd 4.9076% 04/23/20392.45%1,500,000$02
006—Silver Point SCF CLO V Ltd 5.4292% 04/20/20382.45%1,500,000$01
007—Golub Capital Partners CLO 59M Ltd 5.3292% 04/20/20372.45%1,500,000$01
008—Cerberus Loan Funding 50 LLC 6.3529% 07/15/20372.45%1,500,000$01
009—Magnetite Xli Ltd 6.4102% 01/25/20382.45%1,500,000$01
010—Palmer Square CLO 2021-3 Ltd 6.5529% 10/15/20382.43%1,500,000$02
011—Cash & Other2.42%1,481,499$0674
012—Abry Liquid Credit CLO 2026-3 Ltd 6.5292% 04/20/20392.06%1,250,000$01
013—Madison Park Funding LXXIII Ltd 6.4995% 10/17/20382.05%1,250,000$02
014—Neuberger Berman Loan Advisers CLO 59 Ltd 6.3522% 01/23/20392.04%1,250,000$02
015—Balboa Bay Loan Funding 2020-1 Ltd 5.0192% 10/20/20351.99%1,220,000$02

Showing 1–15 of 61 holdings

CLOC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CLOC$10,416
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. CLOC $10,416. SPY $11,430. Use the arrow keys to read each point.$9,119$10,381$11,642Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CLOC. Periods over one year show the average yearly return.
PeriodCLOC
Year to date+4.2%
1 month+0.6%
3 months+1.5%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CLOC
YearReturn barCLOC
2026 YTD+4.2%
2025+0.9%

History from Oct 23, 2025

CLOC in the news

ETF.net Research hasn’t filed on CLOC yet — coverage lands here as it’s written.

CLOC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 10 payments from 2025 to 2026 YTD. Nov 26, 2025 $0.12; Dec 31, 2025 $0.17; Jan 30, 2026 $0.13; Feb 27, 2026 $0.13; Mar 31, 2026 $0.13; Apr 30, 2026 $0.13; May 29, 2026 $0.13; Jun 30, 2026 $0.13; Jul 31, 2026 $0.13; Aug 28, 2026 $0.13. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Aug 28, 2026Sep 1, 2026$0.13
Jul 31, 2026Aug 4, 2026$0.13
Jun 30, 2026Jul 2, 2026$0.13
May 29, 2026Jun 2, 2026$0.13
Apr 30, 2026May 4, 2026$0.13
Mar 31, 2026Apr 2, 2026$0.13
Feb 27, 2026Mar 3, 2026$0.13
Jan 30, 2026Feb 3, 2026$0.13
Dec 31, 2025Jan 5, 2026$0.17
Nov 26, 2025Dec 1, 2025$0.12

CLOC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Oct 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.08
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CLOC Cost

Expense ratio0.49%
  • The middle half of Collateralized Loan Obligations (CLO) funds
  • Median 0.29%

26 of the 34 Collateralized Loan Obligations (CLO) funds charge less.

CLOC costs $49.00 a year on $10,000. The median Collateralized Loan Obligations (CLO) fund costs $29.00.