Symbols

PCLO

Virtus Seix AAA Private Credit CLO ETF·ARCA

--(--)

Key Stats

Assets Under Management

17.49MUSD

Fund Flows (1Y)

1.25MUSD

Dividend Yield

5.60%

Discount/Premium to NAV

0.06%

Shares Outstanding

700.00K

Expense Ratio

0.29%

About Virtus Seix AAA Private Credit CLO ETF

Issuer

Virtus Investment Advisers, LLC

Brand

Virtus

Home Page

https://www.virtus.com/products/virtus-seix-aaa-private-credit-clo-etf#shareclass.1057/period.quarterly

Inception Date

Dec 2, 2024

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

Virtus Advisers LLC

Distributor

VP Distributors LLC

PCLO is actively managed, the AAA in the funds name does not indicate the same credit quality as investment grade bonds. All CLOs are below-investment grade corporate loans and derive their credit quality based on their claim to cash flows. AAA CLOs are the highest in the CLO capital structure in case of default. Private credit CLOs tend to offer high income and lower volatility as compared to fixed income investments. PCLO relies on the investment managers expertise in the leveraged loan credit space, combining portfolio construction, disciplined trading strategy and risk management skills, to actively manage the underlying portfolio. The Fund may also invest up to 20% of assets in senior loans, broadly syndicated CLOs, variable-rate debt, ETFs, high yield, and investment-grade bonds. No more than 10% of assets are allocated to a single CLO.