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Upturn AI Summary
Panagram Bbb-B Clo ETF(CLOZ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CLOZ
10/19/2026: CLOZ (2-star) has a low Upturn Star Rating. Not recommended to BUY.
CLOZ provides targeted exposure to mezzanine (BBB-B rated) CLO tranches, offering income-seeking investors a floating-rate alternative to traditional bonds. Its primary strength lies in the specialized, active management by Panagram, which navigates complex structured credit markets to generate yield. The fund is best suited for income-oriented investors who can tolerate credit risk and potential volatility. Key factors to monitor include corporate loan default rates and shifts in interest rate expectations, as both directly impact the fund's NAV and income potential.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed for income generation rather than long-term capital appreciation. |
| Momentum investor | Mixed fit | Momentum may be a factor, but the fund is primarily driven by credit fundamentals and interest rate cycles. |
| Value investor | Strong fit | The fund appeals to value investors seeking yield premiums in the credit market. |
| Dividend/Income investor | Strong fit | It is highly suitable for income-focused portfolios looking for floating-rate exposure. |
| Low-risk investor | Weak fit | Mezzanine CLO tranches carry credit risks that exceed those of AAA-rated assets or government bonds. |
Investor Profile
Ideal Investor Profile
Income-focused investors who understand credit risk and seek yield premiums beyond traditional fixed-income investments.
Suitability
Best for long-term income investors willing to accept volatility in exchange for floating-rate yield.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | CLO prices can fluctuate based on broader credit market sentiment. |
| Market risk | Medium / high | The fund is sensitive to macroeconomic factors impacting corporate loan default rates. |
| Concentration | Medium | The portfolio is concentrated in the CLO market, which is a specific subset of fixed income. |
| Tracking/expense | Low | As an active fund, tracking error is expected and not a primary risk concern. |
| Liquidity | Medium | CLO tranches are less liquid than traditional corporate bonds during market sell-offs. |
| Business/sector quality | Medium / high | Credit quality depends on the performance of the underlying corporate loans. |
Risk Analysis
Volatility
Moderate, reflecting the credit risk inherent in mezzanine structured debt tranches.
Market Risk
High sensitivity to the underlying corporate loan market and the performance of CLO managers.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | BBB-rated CLO Mezzanine Tranches | 50 | These holdings provide the primary source of income and credit exposure for the fund. |
| Fixed-income type | B-rated CLO Mezzanine Tranches | 45 | These tranches offer higher yield potential at the cost of increased credit risk. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Maintains liquidity for operational needs and tactical portfolio adjustments. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 15.51% | Avg. Invested days 71 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/19/2026 |
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