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NCLO: New Diversified CLO ETF, Good 6.4% SEC Yield, Exposure To Several CLO Tranches
Seeking Alpha· 2025-09-18 23:31
At the CEF/ETF Income Laboratory , we manage ~8%-yielding closed-end fund ((CEF)) and exchange-traded fund (ETF) portfolios to make income investing easy for you. Check out what our members have to say about our service.A reader recently brought the Nuveen AA-BBB CLO ETF (NYSEARCA: NCLO ) to my attention. NCLO is exactly what it says on the tin: an AA-BBB CLO ETF. It holds a roughly even mix of CLOs in that range, with good credit quality, negligible rateJuan is a contributor to the investing group CEF/ETF ...