Panagram Launches Actively Managed CLO ETF
January 24, 2023 at 13:29 PM EST
Panagram Structured Asset Management, a $13.5 billion credit asset manager and a subsidiary of Eldridge, today announced the launch of its first ETF: the Panagram BBB-B CLO ETF (NYSE Arca: CLOZ). The actively managed fund invests in collateralized loan obligations (CLOs), which offer risk-adjusted exposure to corporate credit. CLOs often have historically provided higher yield [...] The post Panagram Launches Actively Managed CLO ETF appeared first on ETF Trends .