Company Description
NYLI Investment Grade CLO ETF (NYSE:CLOO) is an actively managed exchange traded fund that provides exposure to investment grade collateralized loan obligations. The fund is designed as a high-quality income strategy with an emphasis on income generation and capital preservation through CLO securities that meet investment grade credit standards.
The ETF is part of New York Life Investment Management’s ETF lineup. Its strategy uses a research-driven approach to select CLO exposure rather than tracking a passive index. Collateralized loan obligations are structured credit instruments backed by portfolios of loans, and the fund’s stated focus is the investment grade portion of that market.
CLOO trades on the New York Stock Exchange under the ticker CLOO. As an ETF, its shares are listed for exchange trading, while its underlying portfolio is managed according to the fund’s investment strategy and stated focus on investment grade CLO exposure.
Stock Performance
NYLI Investment Grade CLO ETF (CLOO) stock last traded at $25.05. Over the past 12 months, the stock has gained 0.2%.
Latest News
NYLI Investment Grade CLO ETF has 1 recent news article, with the latest published 5 days ago. View all CLOO news →