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CLOZ
-0.10 · -0.36%
$26.59 · NYSE ARCA

Panagram Bbb-B Clo ETF (CLOZ) ETF Analysis | Bank Loan

Eldridge Capital Management · USA
AUM:$764.7M
#– of – in Bank Loan ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

CLOZ returned +4.9% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.51% — moderate cost. Consider how fees compound over long holding periods.

What is CLOZ?

The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings made for investment purposes) in collateralized loan obligations ("CLOs") that are rated, at the time of purchase, between BBB+ and B- or an equivalent rating by a NRSRO.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
CLOZ returned 4.9% over the past year.
Moderate Cost
Expense ratio of 0.51%. Consider how fees compound over a long holding period.
Broadly Diversified
Top 10 holdings represent just 6.4% of the ETF — exposure spread across many positions.
ETF Information
AUM$764.7M
Expense Ratio0.51%
Dividend Yield7.57%
Holdings1
Inception DateJan 2023
Domicile–
Distribution–
Index–
ProviderEldridge Capital Management
Beta0.07
CategoryBank Loan
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+3.4%
1Y
+2.6%
3Y
+25.7%
5Y
+37.6%
OpenBook InsightIf you had invested £10,000 in CLOZ 5 years ago, it would have grown to £13,759 — a gain of £3,759.

Annual Returns

Calendar year performance

CLOZ delivered positive returns in 4 of the last 4 calendar years.
YearCLOZ
2026 YTD+0.9%
2025+5.9%
2024+11.3%
2023+14.9%
CAGR 3yr+10.7%
4/4 positive yearsAvg return: +8.3%Worst year: +0.9% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
2.1%
Low
Momentum
-0.2%
30-day change
Support Level
26.22
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.
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