Key stats
About Eldridge AAA CLO ETF
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Inception date
Jul 19, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Eldridge Structured Credit Advisers LLC
Distributor
Quasar Distributors LLC
CLOX seeks current income, and to a lesser extent, preservation of capital by investing in the highest quality rated CLOs. The portfolio consists of USD-denominated collateralized loan obligations that are AAA rated, which may also include AA or A capped at 20% of assets. CLOs may include senior secured loans, senior unsecured loans, and subordinate corporate loans of any maturity, purchased from both the primary and secondary markets. The adviser monitors its portfolio daily and reviews current market environments using a bottom-up approach to proactively position investments for changing market conditions. No more than 20% is invested in obligations managed by a single CLO manager. Positions may be sold for more attractive investments or upon reevaluation of the investment's credit profile. As an actively managed fund, the managers have full discretion to make investment decisions at any time. Prior to January 2, 2025, the fund was named Panagram AAA CLO ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized98.03%
Cash1.97%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CLOX last dividends amounted to 0.10 USD. The month before, the issuer paid 0.12 USD in dividends, which shows a 19.70% decrease.
CLOX assets under management is 184.51 M USD. It's risen 34.31% over the last month.
CLOX fund flows account for 126.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CLOX pays dividends to its holders with the dividend yield of 5.67%. The last dividend (Jun 9, 2025) amounted to 0.10 USD. The dividends are paid monthly.
CLOX shares are issued by NZC Capital LLC under the brand Eldridge. The ETF was launched on Jul 19, 2023, and its management style is Active.
CLOX expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
CLOX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CLOX invests in bonds.
CLOX price has fallen by −0.08% over the last month, and its yearly performance shows a −0.24% decrease. See more dynamics on CLOX price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.48% increase in three-month performance and has increased by 5.93% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.48% increase in three-month performance and has increased by 5.93% in a year.
CLOX trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.