Panagram Bbb-B Clo ETF (CLOZ)
CLOZ is an actively managed ETF by Panagram. CLOZ launched on Jan 23, 2023 and has a 0.50% expense ratio.
ETF Info
| ISIN | US81752T5285 |
|---|---|
| Issuer | Panagram |
| Inception Date | Jan 23, 2023 |
| Category | Bank Loan |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
CLOZ features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CLOZ vs. JBBB, CLOZ vs. BSJQ, CLOZ vs. TFLR, CLOZ vs. SEIX, CLOZ vs. JAAA, CLOZ vs. MINT, CLOZ vs. ECCC, CLOZ vs. USFR, CLOZ vs. FEQIX, CLOZ vs. SVOL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Panagram Bbb-B Clo ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Panagram Bbb-B Clo ETF had a return of 10.10% year-to-date (YTD) and 13.83% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.10% | 25.23% |
| 1 month | 1.87% | 3.86% |
| 6 months | 5.22% | 14.56% |
| 1 year | 13.83% | 36.29% |
| 5 years (annualized) | N/A | 14.10% |
| 10 years (annualized) | N/A | 11.37% |
Monthly Returns
The table below presents the monthly returns of CLOZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.21% | 0.72% | 1.19% | 1.28% | 1.02% | 0.55% | 0.92% | 0.55% | 0.52% | 0.78% | 10.10% | ||
| 2023 | 0.74% | 0.87% | -0.56% | 1.64% | 0.12% | 1.82% | 3.17% | 1.39% | 1.13% | 0.20% | 1.77% | 1.75% | 14.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CLOZ is 99, placing it in the top 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Panagram Bbb-B Clo ETF (CLOZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Panagram Bbb-B Clo ETF provided a 9.73% dividend yield over the last twelve months, with an annual payout of $2.62 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $2.62 | $2.33 |
Dividend yield | 9.73% | 8.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Panagram Bbb-B Clo ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.22 | $0.21 | $0.22 | $0.20 | $0.20 | $0.19 | $0.20 | $0.21 | $0.20 | $0.23 | $2.06 | |
| 2023 | $0.05 | $0.17 | $0.26 | $0.22 | $0.21 | $0.26 | $0.20 | $0.26 | $0.15 | $0.19 | $0.37 | $2.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Panagram Bbb-B Clo ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Panagram Bbb-B Clo ETF was 2.70%, occurring on Mar 14, 2023. Recovery took 18 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.7% | Feb 24, 2023 | 13 | Mar 14, 2023 | 18 | Apr 10, 2023 | 31 |
| -1.39% | Jul 30, 2024 | 7 | Aug 7, 2024 | 11 | Aug 22, 2024 | 18 |
| -0.59% | May 2, 2023 | 9 | May 12, 2023 | 10 | May 26, 2023 | 19 |
| -0.56% | Dec 21, 2023 | 1 | Dec 21, 2023 | 6 | Jan 2, 2024 | 7 |
| -0.42% | Jan 3, 2024 | 1 | Jan 3, 2024 | 5 | Jan 10, 2024 | 6 |
Volatility
Volatility Chart
The current Panagram Bbb-B Clo ETF volatility is 0.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.