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Panagram Launches Actively Managed CLO ETF

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 .
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