Panagram Launches Second Active CLO ETF
July 19, 2023 at 12:21 PM EDT
Panagram Structured Asset Management announced the launch of its second ETF: the Panagram AAA CLO ETF (NYSE Arca: CLOX). CLOX prioritizes capital preservation by investing in AAA-rated collateralized loan obligations (CLOs). The corporate credit market has a long, robust historical track record. In over 25 years, the sector has seen no AAA-rated bond defaults. AAA-rated [...] The post Panagram Launches Second Active CLO ETF appeared first on ETF Trends .
