Eldridge AAA CLO ETF
$25.58+0.02 (+0.08%)
- 0.20%
- $337M
- +5.1%
- 4.79%
- 0.2M sh
- $25.50
- low $25.35high $25.67
The ETF.net CLOX Grade
B
Score 69 out of 100
- 8 of 34
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A83 out of 100Rank 1 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 19 of 33Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 6 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 14 of 34Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 10 of 34
Our read on CLOX
BA 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
- 100
- 20%
- Cash & Other
CLOX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
CLOX$10,506
Returns run to the Oct 12, 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 | +3.8% |
| 1 month | +0.4% |
| 3 months | +1.3% |
| 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 | +3.8% | |
| 2025 | +5.5% | |
| 2024 | +7.2% | |
| 2023 | +3.9% |
CLOX in the news
CLOX Dividends
- 4.79%
- $1.22
- $0.10 per share
- Monthly
Distribution history
CLOX Risk
- 0.8%
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.
- 1.78
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
0.20%
CLOX0.20%
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
6 of the 34 Collateralized Loan Obligations (CLO) funds charge less.
Other funds in Collateralized Loan Obligations (CLO)
- AICLOInvesco AAA CLO Floating Rate Note ETFExpense ratio 0.19%1 year return +4.9%
- AAAACColumbia AAA CLO ETFExpense ratio 0.20%1 year return —
- BFUSIAmerican Century Ultrashort Income ETFExpense ratio 0.19%1 year return +4.7%
- BCLOONYLI Investment Grade CLO ETFExpense ratio 0.25%1 year return —
- BPSQAPalmer Square CLO Senior Debt ETFExpense ratio 0.21%1 year return +5.4%