CLOI - CLOZ: 4 Reasons Why I Am Bullish
2024-07-02 00:52:30 ET
Summary
- Panagram BBB-B CLO ETF invests in below investment grade CLOs with a focus on BBB-B ratings for high-income and capital preservation.
- CLOZ is a unique product offering that has significant exposure to BB rated CLOs.
- BBB and BB rated CLOs are currently attractive relative to similar risk corporate securities.
- I am initiating CLOZ with a Strong Buy rating.
The Panagram BBB-B CLO ETF ( CLOZ ) is an ETF which invests in CLOs with ratings BBB-B. The fund seeks to provide high levels of current income along with capital preservation....
CLOZ: 4 Reasons Why I Am Bullish