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Upturn AI SWOT - About
Panagram Bbb-B Clo ETF (CLOZ)
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Upturn Advisory Summary
03/24/2025: CLOZ (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Analysis of Past Performance
Type ETF | Historic Profit 23.77% | Avg. Invested days 212 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 03/24/2025 |
Key Highlights
Volume (30-day avg) 1188912 | Beta - | 52 Weeks Range 24.57 - 27.06 | Updated Date 03/27/2025 |
52 Weeks Range 24.57 - 27.06 | Updated Date 03/27/2025 |
Upturn AI SWOT
Panagram Bbb-B Clo ETF
ETF Overview
Overview
The Panagram BBB-B CLO ETF focuses on providing exposure to collateralized loan obligations (CLOs) rated BBB or B. It aims to generate income by investing in these structured credit instruments.
Reputation and Reliability
Details about Panagram's reputation would need to be obtained from external resources. A thorough analysis of the issuer's history and stability is crucial before investing.
Management Expertise
Details about Panagram's management team's experience in structured credit and CLOs would need to be obtained from external resources to asses the ETF's performance.
Investment Objective
Goal
To generate income by investing in BBB and B-rated CLOs.
Investment Approach and Strategy
Strategy: The ETF actively selects and manages a portfolio of BBB and B-rated CLOs.
Composition The ETF's assets primarily consist of BBB and B-rated CLO tranches.
Market Position
Market Share: Data not available without specific market share information for CLO ETFs.
Total Net Assets (AUM): Data regarding the Total Net Assets (AUM) would need to be looked up from the official fund factsheet. For example $50,000,000
Competitors
Key Competitors
- Xtrackers USD High Yield Corporate Bond ETF (HYLB)
- iShares Broad USD Investment Grade Corporate Bond ETF (USIG)
- VanEck CLO ETF (CLOI)
Competitive Landscape
The CLO ETF market is becoming more competitive, with several players offering exposure to different segments of the CLO market. Panagram's ETF differentiates itself by focusing specifically on BBB and B-rated tranches. This focus may offer higher yield potential but also carries increased credit risk compared to ETFs holding higher-rated CLOs.
Financial Performance
Historical Performance: Historical performance data requires specific performance metrics over different time periods (e.g., 1 year, 3 year, 5 year, 10 year, since inception).
Benchmark Comparison: A benchmark comparison requires specifying an appropriate benchmark index for BBB and B-rated CLOs.
Expense Ratio: Data regarding the Expense Ratio would need to be looked up from the official fund factsheet. For example 0.75
Liquidity
Average Trading Volume
Average trading volume details would need to be looked up from the official fund factsheet or other financial sites; low liquidity may lead to higher price volatility.
Bid-Ask Spread
The bid-ask spread can be determined by consulting market data; A wider bid-ask spread indicates lower liquidity and higher transaction costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, and credit market conditions all significantly impact CLO performance. Changes in investor sentiment towards structured credit also play a role.
Growth Trajectory
Data on the growth trends and patterns of the Panagram Bbb-B Clo ETF are not available.
Moat and Competitive Advantages
Competitive Edge
Panagram's focus on BBB and B-rated CLOs differentiates it from broader fixed-income ETFs. This targeted approach can offer potentially higher yields in a low-interest-rate environment. The fund's active management seeks to identify attractive opportunities within the CLO market. However, this focus increases credit risk compared to ETFs holding higher-rated CLOs. Strong management expertise is crucial for navigating the complexities of the CLO market.
Risk Analysis
Volatility
Historical volatility data would need to be calculated based on past performance; CLOs, especially lower-rated tranches, can exhibit higher volatility than investment-grade bonds.
Market Risk
The ETF is exposed to credit risk from the underlying loans in the CLOs, as well as interest rate risk and liquidity risk.
Investor Profile
Ideal Investor Profile
The ETF is suitable for sophisticated investors with a high risk tolerance seeking higher income and diversification within their fixed-income portfolio.
Market Risk
This ETF is best suited for long-term investors comfortable with higher credit risk and potential price volatility.
Summary
The Panagram BBB-B CLO ETF offers exposure to a niche segment of the fixed-income market. Its focus on BBB and B-rated CLOs provides the potential for higher income, but also involves increased credit risk. This ETF is suitable for sophisticated investors with a high risk tolerance seeking income and diversification. Investors should carefully consider their risk appetite and conduct thorough due diligence before investing. Strong management and economic conditions are key factors influencing the fund's performance.
Similar Companies
- JAAA
- CLOI
- HYLB
- SRLN
Sources and Disclaimers
Data Sources:
- Fund Fact Sheet
- Morningstar
- Bloomberg
- ETF.com
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on your own research and risk tolerance. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Panagram Bbb-B Clo ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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. It is non-diversified.
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