Key stats
About Series Portfolios Trust Panagram BBB-B CLO ETF
Expense ratio
0.50%
Home page
www.clozfund.com
Inception date
Jan 24, 2023
CLOZ targets USD-denominated collateralized loan obligations (CLOs) that are rated between BBB+ and B-. CLOs are issued by trusts or special purpose entities that are collateralized by a pool of loans, which may include senior secured loans, senior unsecured loans, and subordinate corporate loans. Investments could be of any maturity, purchased from both the primary and secondary markets. The fund primarily invests in CLOs rated BB- to BBB, which are expected to have about 70% exposure to high-yield tranches. The adviser applies a bottom-up approach to review the current market environment for potential investment opportunities. The portfolio is monitored daily to proactively position investments for changing market conditions. Positions may be sold for more attractive investments or after a reevaluation of the investments credit profile. Up to 10% of assets may be invested in CLOs rated above BBB+. No more than 20% is invested in obligations managed by a single CLO manager.
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%
Securitized94.00%
Cash5.17%
Corporate0.83%
Top 10 holdings
Dividends
Dividend payout history