CLOZ Profile
The
Series Portfolios Trust Panagram BBb-B CLO ETF, with the ticker symbol
CLOZ, is an exchange-traded fund that seeks to provide investment
results that correspond to the performance of the Panagram BBb-B CLO
Index. The ETF invests in a portfolio of collateralized loan
obligations (CLOs), which are structured finance products that invest
in a diversified pool of below-investment-grade loans. Here's an
extended company report for the Series Portfolios Trust Panagram BBb-B
CLO ETF:
The Series Portfolios Trust Panagram BBb-B CLO ETF was
launched in 2021 by SerenityShares, a boutique asset management firm.
The ETF seeks to provide investment results that correspond to the
performance of the Panagram BBb-B CLO Index, which is designed to
measure the performance of a portfolio of CLOs that invest in a
diversified pool of below-investment-grade loans.
The ETF
provides investors with exposure to CLOs, which are structured finance
products that invest in a diversified pool of below-investment-grade
loans. The ETF's investment strategy seeks to provide exposure to the
potential income and capital appreciation benefits of CLOs while
maintaining a diversified portfolio of investments.
As of March
18, 2023, the Series Portfolios Trust Panagram BBb-B CLO ETF had a net
asset value of approximately $12.3 million. The ETF's expense ratio is
0.75%, which is higher than the average expense ratio for similar
ETFs.
Investing in the Series Portfolios Trust Panagram BBb-B
CLO ETF involves risks, including the risk that the ETF's performance
may be affected by changes in the CLO market, changes in interest
rates, and other factors that may impact the CLOs in which the ETF
invests. In addition, the ETF's performance may be affected by changes
in market conditions, as well as fluctuations in the prices of
individual securities held by the ETF.
In conclusion, the
Series Portfolios Trust Panagram BBb-B CLO ETF provides investors with
exposure to a portfolio of CLOs that invest in a diversified pool of
below-investment-grade loans. The ETF's investment strategy seeks to
provide exposure to the potential income and capital appreciation
benefits of CLOs while maintaining a diversified portfolio of
investments. However, investors should carefully consider the risks
and potential benefits of investing in the Series Portfolios Trust
Panagram BBb-B CLO ETF before making any investment
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