VanEck CLO ETF (CLOI)
52.90
-0.03
(-0.05%)
USD |
NYSEARCA |
May 22, 16:00
52.92
+0.02
(+0.04%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.40% | 0.00% | 354.43M | 83428.57 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.98% | 59.00% | 244.47M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks capital preservation and current income. The fund is an actively managed exchange-traded fund (“ETF”) that normally invests at least 80% of its total assets in investment grade-rated debt tranches of collateralized loan obligations (“CLOs”) of any maturity. The Advisor intends to invest primarily in CLO securities that are U.S. dollar denominated. However, the fund may from time to time invest up to 30% of its net assets in CLO securities that are denominated in foreign currencies. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Ultrashort Bond |
| Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | VanEck |
| Prospectus Benchmark Index | |
| ICE BofA US Broad Market TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Francis Rodilosso | 1.86 yrs |
| Laila Kollmorgen | 1.86 yrs |
Performance Versus Category
As of May 22, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 22, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks capital preservation and current income. The fund is an actively managed exchange-traded fund (“ETF”) that normally invests at least 80% of its total assets in investment grade-rated debt tranches of collateralized loan obligations (“CLOs”) of any maturity. The Advisor intends to invest primarily in CLO securities that are U.S. dollar denominated. However, the fund may from time to time invest up to 30% of its net assets in CLO securities that are denominated in foreign currencies. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Ultrashort Bond |
| Category Index | Bloomberg Govt/Corp 1 Yr Duration TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | VanEck |
| Prospectus Benchmark Index | |
| ICE BofA US Broad Market TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Francis Rodilosso | 1.86 yrs |
| Laila Kollmorgen | 1.86 yrs |