Symbols

CLOX

Eldridge AAA CLO ETF·ARCA

--(--)

Key Stats

Assets Under Management

260.14MUSD

Fund Flow (1Y)

99.75MUSD

Dividend Yield

5.01%

Discount / Premium to NAV

0.10%

Shares Outstanding

10.80M

Expense Ratio

0.20%

About Eldridge AAA CLO ETF

Issuer

Eldridge Structured Credit Advisers, LLC

Brand

Eldridge

Home Page

https://www.cloxfund.com/

Inception Date

Jul 19, 2023

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Eldridge Structured Credit Advisers LLC

Distributor

Quasar Distributors LLC

CLOX seeks current income, and to a lesser extent, preservation of capital by investing in the highest quality rated CLOs. The portfolio consists of USD-denominated collateralized loan obligations that are AAA rated, which may also include AA or A capped at 20% of assets. CLOs may include senior secured loans, senior unsecured loans, and subordinate corporate loans of any maturity, purchased from both the primary and secondary markets. The adviser monitors its portfolio daily and reviews current market environments using a bottom-up approach to proactively position investments for changing market conditions. No more than 20% is invested in obligations managed by a single CLO manager. Positions may be sold for more attractive investments or upon reevaluation of the investment's credit profile. As an actively managed fund, the managers have full discretion to make investment decisions at any time.