VanEck CLO ETF (CLOI)
VanEck CLO ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $52.82, up 0.02% on the session, giving a market capitalisation of $1.42B. Its beta of 0.02 implies it has historically moved less than the broad market.
The VanEck CLO ETF, identified by its ticker CLOI, is an actively managed investment vehicle that benefits from the specialized guidance of PineBridge Investments as its sub-advisor. Its core objectives are to safeguard investors' principal and deliver a consistent flow of income. This fund primarily allocates its capital to high-quality, investment-grade rated segments (tranches) of Collateralized Loan Obligations (CLOs), spanning across all available maturities.
VanEck CLO ETF is most often compared with the following Financial Services names: