Panagram BBB-B CLO ETF

Price: $26.98
Change: $0.01 (0.0%)
Category: Corporate Bonds
Last Updated:


Brand Panagram
Structure ETF
Expense Ratio 0.50%
ETF Home Page Home page
Inception Jan 24, 2023
Index Tracked ACTIVE - No Index

Analyst Report


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ETF Database Themes

Category Corporate Bonds
Asset Class Bond
Region (General) North America
Region (Specific) U.S.
Bond Type(s) Floating Rate Bonds
Bond Duration All-Term

FactSet Classifications

Segment Fixed Income: U.S. - Corporate, Bank Loans Floating Rate
Category Corporate, Bank Loans
Focus Broad Credit
Niche Floating Rate
Strategy Active
Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $23.49
  • 52 Week Hi $26.99
  • AUM $456.3 M
  • Shares 17.0 M

Historical Trading Data

  • 1 Month Avg. Volume 256,648
  • 3 Month Avg. Volume 214,992

Alternative ETFs in the ETF Database Corporate Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCHI 0.03% $6.8 B 311,254 1.73%
Largest (AUM) VCIT 0.04% $47.9 B 6 M 1.56%
Most Liquid (Volume) LQD 0.14% $32.2 B 22 M 0.09%
Top YTD Performer JBBB 0.49% $1.1 B 326,351 6.37%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

CLOZ ETF Database Category Average FactSet Segment Average
Number of Holdings 135 976 135
% of Assets in Top 10 40.32% 19.69% 40.32%
% of Assets in Top 15 46.06% 23.13% 46.06%
% of Assets in Top 50 73.17% 39.73% 73.17%

Size Comparison

CLOZ ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

CLOZ Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

CLOZ Dividend

This section compares the dividend yield of this ETF to its peers.

CLOZ ETF Database Category Average FactSet Segment Average
Dividend $ 0.19 $ 0.17 $ 0.19
Dividend Date 2024-07-02 N/A N/A
Annual Dividend Rate $ 2.66 $ 1.85 $ 2.66
Annual Dividend Yield 9.92% 4.58% 9.92%

CLOZ Price and Volume Charts

View charts featuring CLOZ price and volume data.

CLOZ Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 34.85 M 1 Month Net Flows: 69.69 M 3 Month Net Flows: 179.28 M 6 Month Net Flows: 264.15 M 1 Year Net Flows: 370.99 M 3 Year Net Flows: 444.16 M 5 Year Net Flows: 444.16 M 10 Year Net Flows: 444.16 M

CLOZ Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 35.99 M
1 Month Net AUM Change: 73.04 M
3 Month Net AUM Change: 184.45 M
6 Month Net AUM Change: 270.78 M
1 Year Net AUM Change: 382.48 M
3 Year Net AUM Change: 451.28 M
5 Year Net AUM Change: 451.28 M
10 Year Net AUM Change: 451.28 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for CLOZ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Corporate Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A LQD
Expenses B+ SPBO

A+ Overall Rated ETF:

CLOZ Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

CLOZ does not have an ESG score. There are no ESG themes that map to this ETF.

CLOZ Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

CLOZ ETF Database
Category Average
Factset Segment
1 Month Return 0.80% 0.65% 0.80%
3 Month Return 2.96% 3.09% 2.96%
YTD Return 7.01% 1.90% 7.01%
1 Year Return 14.70% 6.07% 14.70%
3 Year Return N/A -0.64% 0.00%
5 Year Return N/A 0.80% 0.00%

Geographic Exposure

The following charts reflect the geographic spread of CLOZ's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of CLOZ's underlying holdings.

Asset Percentage
Asset Backed Security 70.65%
CASH 14.97%
Other 14.29%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Asset Backed Security 70.65%
CASH 14.97%
Other 14.29%

CLOZ Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 1.42%
20 Day Volatility 1.04%
50 Day Volatility 1.06%
200 Day Volatility 1.45%
Beta 0.42
Standard Deviation 1.00%
5 Day Volatility
94 of 97

20 Day Volatility
85 of 97

50 Day Volatility
85 of 97

200 Day Volatility
83 of 97

8 of 92

Standard Deviation
36 of 94


  • 20 Day MA $26.84
  • 60 Day MA $26.62
  • MACD 15 Period 0.12
  • MACD 100 Period 0.61
  • Williams % Range 10 Day 5.26
  • Williams % Range 20 Day 3.93
  • RSI 10 Day 92
  • RSI 20 Day 87
  • RSI 30 Day 84
  • Ultimate Oscillator 58

Bollinger Bands

  • Lower Bollinger (10 Day) $26.80
  • Upper Bollinger (10 Day) $27.00
  • Lower Bollinger (20 Day) $26.70
  • Upper Bollinger (20 Day) $26.98
  • Lower Bollinger (30 Day) $26.62
  • Upper Bollinger (30 Day) $26.97

Support & Resistance

  • Support Level 1 $26.96
  • Support Level 2 $26.95
  • Resistance Level 1 $26.99
  • Resistance Level 2 $27.01


  • Stochastic Oscillator %D (1 Day) 58.39
  • Stochastic Oscillator %D (5 Day) 87.86
  • Stochastic Oscillator %K (1 Day) 55.30
  • Stochastic Oscillator %K (5 Day) 85.63


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.47
  • Maximum Premium Discount (%) 1.03
  • Average Spread (%) 1.00
  • Average Spread ($) 1.00

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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