Eldridge AAA CLO ETF
$25.60−0.00 (−0.00%)
- Expense ratio
- 0.20%
- Fund size
- $321M
- 1Y return
- +5.1%
- Yield · Last 12 months
- 4.82%
- Holdings
- 69
- Volume · 30D
- 0.2M sh
- NAV per share
- $25.56
- 52W range
The ETF.net CLOX Grade
Score 71 of 100 sits in the A 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.AScore 83Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 80Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 56Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 68Category rank
Our read on CLOX
AA 2023 arrival in the AAA CLO rush: top-rated slices of leveraged loan pools, roughly 70 of them, with income paid monthly. The 0.20% fee undercuts the cohort median and matches the category's biggest names.
The fund aims to generate current income and preserve capital.
Why people hold it
- Fee of 0.20% undercuts the cohort median of 0.25% and matches the largest names in the category (JAAA, CLOA, FAAA, ACLO).
- The mandate is plain English: current income and capital preservation. Distributions are paid monthly.
- Moderately traded with an asset base in the hundreds of millions, so it is not a thin, brand-new ticker.
- Sits in the upper half of its AAA CLO peer group, a cohort stacked with large, well-resourced managers.
Worth knowing
- Roughly 70 positions in one corner of structured credit. That makes it a specialist income sleeve rather than a broad core bond holding.
- CLO debt pays floating rates, so the monthly income moves with short-term rates instead of locking in a fixed coupon.
- Crowded shelf: PGIM's PAAA charges 0.19% and several rivals match CLOX at 0.20%, so the price edge is over the median, not the leaders.
CLOX Holdings
- Bonds
- 69
- 19%
- RAD CLO 23 Ltd 4.9625% 07/20/2041
CLOX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | CLOX |
|---|---|
| Year to date | +3.6% |
| 1 month | +0.8% |
| 3 months | +1.2% |
| 1 year | +5.1% |
| 3 years | +6.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CLOX |
|---|---|---|
| 2026 YTD | +3.6% | |
| 2025 | +5.5% | |
| 2024 | +7.2% | |
| 2023 | +3.9% |
CLOX in the news
ETF.net Research hasn’t filed on CLOX yet — coverage lands here as it’s written.
CLOX Dividends
- 4.82%
- $1.23
- $0.11 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 2, 2026 | Sep 8, 2026 | $0.11 |
| Aug 4, 2026 | Aug 10, 2026 | $0.10 |
| Jul 2, 2026 | Jul 8, 2026 | $0.09 |
| Jun 2, 2026 | Jun 8, 2026 | $0.10 |
| May 4, 2026 | May 8, 2026 | $0.10 |
| Apr 2, 2026 | Apr 8, 2026 | $0.11 |
| Mar 3, 2026 | Mar 9, 2026 | $0.09 |
| Feb 3, 2026 | Feb 9, 2026 | $0.10 |
| Dec 29, 2025 | Jan 2, 2026 | $0.10 |
| Dec 2, 2025 | Dec 8, 2025 | $0.10 |
| Nov 4, 2025 | Nov 10, 2025 | $0.11 |
| Oct 2, 2025 | Oct 8, 2025 | $0.11 |
CLOX Risk
- 0.9%
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.
- 1.84
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.
- −4.1%
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.
- 0.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CLOX Cost
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
6 of the 34 Collateralized Loan Obligations (CLO) funds charge less.