VanEck’s New Fixed Income ETF Focuses on CLOs
September 25, 2024 at 10:55 AM EDT
On Wednesday, VanEck launched a new fixed income fund, the VanEck AA-BB CLO ETF (CLOB). CLOB seeks to provide both capital preservation and current income for its investors. The actively managed fund has a net expense ratio of 0.45%. “The launch of CLO-focused ETFs has been an important development in the CLO market, which is [...] The post VanEck’s New Fixed Income ETF Focuses on CLOs appeared first on ETF Trends .
