Eldridge BBB-B CLO ETF
$26.26−0.03 (−0.11%)
- 0.50%
- $782M
- +6.0%
- 7.04%
- 0.4M sh
- $26.17
- low $25.23high $26.81
The ETF.net CLOZ Grade
D
Score 39 out of 100
- 24 of 34
Score 39 of 100 falls in the D 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.F18 out of 100Rank 27 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.D34 out of 100Rank 24 of 33Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 14 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A75 out of 100Rank 10 of 34Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A75 out of 100Rank 7 of 34
Our read on CLOZ
DMost CLO ETFs park in the AAA slice. CLOZ heads down the stack to the BBB and BB tranches, where coupons are fatter and credit losses land sooner. Actively managed, income first, paid monthly.
The Fund seeks current income and, secondarily, capital preservation.
Why people hold it
- Mezzanine specialist: 80% of assets go to CLO tranches rated BBB+ to B- per the prospectus, up to 70% below investment grade. JAAA and PAAA stay at the top of the stack.sec.gov
- Income is the stated job, not a byproduct: current income first, capital preservation second, and cash goes out monthly.sec.gov
- Live since January 2023, run by a structured-credit shop that invests in CLOs and private ABS as both buyer and issuer. Actively managed, no index.eldridge.com
Worth knowing
- The fee is the toll: 0.50% a year, double the typical CLO ETF and roughly 2.5x what AAA funds like JAAA and PAAA charge.
- Further down the waterfall: with up to 70% permitted in below-investment-grade tranches, credit stress shows up in prices here sooner than in AAA CLO funds.sec.gov
- No index to check it against, so tranche and CLO-manager selection is the adviser's call.eldridge.com
CLOZ Holdings
- Bonds
- 204
- 14%
- Cash & Other
CLOZ 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.
CLOZ$10,604
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 | CLOZ |
|---|---|
| Year to date | +4.6% |
| 1 month | +1.2% |
| 3 months | +1.6% |
| 1 year | +6.0% |
| 3 years | +8.7% |
| 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 | CLOZ |
|---|---|---|
| 2026 YTD | +4.6% | |
| 2025 | +6.0% | |
| 2024 | +11.8% | |
| 2023 | +14.9% |
CLOZ in the news
CLOZ Dividends
- 7.04%
- $1.85
- $0.15 per share
- Monthly
Distribution history
CLOZ Risk
- 3.8%
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.
- 1.01
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.
- −5.3%
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.
- 0.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CLOZ Cost
0.50%
CLOZ0.50%
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
27 of the 34 Collateralized Loan Obligations (CLO) funds charge less.
Other funds in Collateralized Loan Obligations (CLO)
- CAAADPGIM AAA CLO Aggregate Duration ETFExpense ratio 0.19%1 year return —
- CJBBBJanus Henderson B-BBB CLO ETFExpense ratio 0.47%1 year return +5.2%
- DBCLOiShares BBB-B CLO Active ETFExpense ratio 0.45%1 year return +6.2%
- DDSCODoubleLine Securitized Credit ETFExpense ratio 0.50%1 year return —
- DEVLNEaton Vance Floating-Rate ETFExpense ratio 0.60%1 year return +4.2%