Company Overview
The fund is an actively managed exchange-traded fund (“ETF”) that normally invests at least 80% of its total assets in investment grade-rated debt tranches of collateralized loan obligations (“CLOs”) of any maturity. The Advisor intends to invest primarily in CLO securities that are U.S. dollar denominated. However, the fund may from time to time invest up to 30% of its net assets in CLO securities that are denominated in foreign currencies. It is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 1.06B market capitalization
- Trading Volume: 109.52K shares traded today
- Price Range: 52-week range of $50.12 - $53.21
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for VanEck CLO ETF
VanEck CLO ETF (CLOI) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 1.06B, the company represents a significant player in its market. The stock is currently trading at $53.05 with a positivedaily change of 0.09%.
The company's substantial employee base and presence on the New York Stock Exchange Arcaexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of N/A, beta of 0.10, and 52-week price range from $50.12 to $53.21when evaluating investment opportunities.
Why Invest in VanEck CLO ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange Arca)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.