CLOB
VanEck AA-BB CLO ETF
CLOB
VanEck AA-BB CLO ETF
-
NAV$50.27
as of July 02, 2026 -
YTD RETURNS1.65%
as of July 02, 2026 -
Total Net Assets$175.95M
as of July 02, 2026 -
Total Expense Ratio0.45%
-
Inception Date09/24/2024
-
30-Day SEC Yield6.24%
Overview
Why CLOB
- Mezzanine CLO OpportunityIdentifies attractive opportunities within mezzanine CLO tranches
- Yield Enhancement with ProtectionsYield pickup versus similarly rated corporate bonds and loans with built-in protection against credit loss
- Actively Managed by PineBridgeDraws on decades of CLO market experience. Meet PineBridge Portfolio Manager Laila Kollmorgen
The VanEck AA-BB CLO ETF (CLOB) is an actively managed ETF, sub-advised by PineBridge Investments, seeking capital preservation and current income. It invests primarily in AA to BB rated tranches of collateralized loan obligations (“CLOs”) of any maturity.
Yields as of 07/02/2026
Monthly
6.24%
6.01%
6.20%
Performance
Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 09/24/24 | |
|---|---|---|---|---|---|---|---|---|
| CLOB (NAV) | 0.56 | 1.40 | 1.83 | 6.21 | -- | -- | -- | 6.99 |
| CLOB (Market Price) | 0.64 | 2.46 | 1.79 | 6.38 | -- | -- | -- | 6.98 |
| J.P. Morgan CLOIE Balanced Mezzanine Index | 0.75 | 2.04 | 2.19 | 6.54 | -- | -- | -- | 7.29 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 09/24/24 | |
|---|---|---|---|---|---|---|---|---|
| CLOB (NAV) | -0.75 | -0.33 | -0.33 | 5.41 | -- | -- | -- | 6.28 |
| CLOB (Market Price) | 0.23 | -0.42 | -0.42 | 5.37 | -- | -- | -- | 6.24 |
| J.P. Morgan CLOIE Balanced Mezzanine Index | -0.47 | -0.32 | -0.32 | 5.68 | -- | -- | -- | 6.37 |
Holdings
Book a 15-minute call to learn more about the holdings.
Daily Holdings (%) as of 07/01/2026
Download XLS| Holding Name |
% of Net Assets
|
Coupon |
Maturity
|
Market Value (US$)
|
|---|---|---|---|---|
| Octagon 64 Ltd |
5.75 |
5.372 |
07/21/2037 |
10116695.06 |
| United States Treasury Bill |
4.82 |
-- |
07/28/2026 |
8478176.25 |
| Rockford Tower Clo 2022-1 Ltd |
4.03 |
5.375 |
07/20/2035 |
7086604.59 |
| Dryden 95 Clo Ltd |
4.00 |
6.692 |
08/20/2034 |
7041622.09 |
| Rockford Tower Clo 2021-2 Ltd |
3.74 |
5.375 |
07/20/2034 |
6580217.04 |
| Cqs Us Clo 6 Ltd |
3.48 |
-- |
03/31/2039 |
6116523.90 |
| Neuberger Berman Loan Advisers Clo 54 L |
3.16 |
9.873 |
04/23/2038 |
5565598.63 |
| Kkr Clo 36 Ltd |
2.88 |
5.423 |
10/15/2034 |
5068243.46 |
| Signal Peak Clo 4 Ltd |
2.88 |
5.317 |
10/26/2034 |
5059473.82 |
| Neuberger Berman Loan Advisers Clo 42 L |
2.88 |
5.080 |
07/16/2036 |
5058173.14 |
| Neuberger Berman Loan Advisers Clo 38 L |
2.87 |
5.075 |
10/20/2036 |
5055177.09 |
| Sound Point Clo Xxix Ltd |
2.87 |
5.267 |
04/25/2034 |
5053078.54 |
| Cqs Us Clo 7 Ltd |
2.42 |
-- |
07/17/2039 |
4257177.90 |
| Madison Park Funding Xxxv Ltd |
2.04 |
5.000 |
02/13/2039 |
3585046.62 |
| Sound Point Clo Xxix Ltd |
1.97 |
7.428 |
04/25/2034 |
3463724.98 |
| Bain Capital Credit Clo 2021-7 Ltd |
1.75 |
10.164 |
01/22/2035 |
3070935.97 |
| Sculptor Clo Xxix Ltd |
1.73 |
5.414 |
07/22/2038 |
3048399.84 |
| Sculptor Clo Xxviii Ltd |
1.73 |
5.625 |
01/20/2035 |
3037661.92 |
| Bain Capital Credit Clo 2022-3 Ltd |
1.69 |
7.380 |
07/17/2035 |
2968040.70 |
| Bain Capital Credit Clo 2021-3 Ltd |
1.66 |
7.029 |
07/24/2034 |
2925598.13 |
| Bluemountain Clo Xxxiii Ltd |
1.63 |
10.605 |
10/20/2038 |
2864176.92 |
| Bain Capital Credit Clo 2021-1 Ltd |
1.55 |
9.975 |
04/18/2034 |
2718091.92 |
| Rockford Tower Clo 2021-2 Ltd |
1.44 |
5.625 |
07/20/2034 |
2531992.43 |
| Wind River 2021-2 Clo Ltd |
1.44 |
5.675 |
07/20/2034 |
2531486.87 |
| Signal Peak Clo 4 Ltd |
1.44 |
5.667 |
10/26/2034 |
2530382.88 |
| Trinitas Clo Xix Ltd |
1.43 |
6.625 |
10/20/2033 |
2522883.82 |
| Regatta Xvi Funding Ltd |
1.43 |
5.053 |
04/15/2039 |
2517621.87 |
| Bluemountain Clo Xxxv Ltd |
1.41 |
11.739 |
10/22/2037 |
2473970.70 |
| Kkr Clo 27 Ltd |
1.40 |
9.923 |
01/15/2035 |
2467251.73 |
| Lcm 39 Ltd |
1.40 |
10.673 |
10/15/2034 |
2458283.81 |
| Sound Point Clo Xxxi Ltd |
1.38 |
7.178 |
10/25/2034 |
2420888.56 |
| Whitebox Clo Iii Ltd |
1.30 |
5.573 |
10/15/2035 |
2280325.18 |
| Signal Peak Clo 4 Ltd |
1.29 |
7.128 |
10/26/2034 |
2262322.25 |
| Sculptor Clo Xxx Ltd |
1.16 |
7.275 |
07/20/2038 |
2033797.28 |
| Dryden 113 Clo Ltd |
1.15 |
6.673 |
10/15/2037 |
2030147.50 |
| Signal Peak Clo 5 Ltd |
1.15 |
5.581 |
04/25/2037 |
2026699.91 |
| Cqs Us Clo 2025-4 Ltd |
1.14 |
-- |
07/20/2039 |
2001500.00 |
| Bluemountain Clo Xxxiii Ltd |
1.13 |
8.168 |
10/20/2038 |
1986637.28 |
| Canyon Capital Clo 2019-2 Ltd |
1.02 |
5.573 |
10/15/2034 |
1798096.05 |
| Trinitas Clo Xvii Ltd |
1.00 |
6.925 |
10/20/2034 |
1752691.84 |
| Ocean Trails Clo Xiv Ltd |
0.98 |
5.675 |
01/20/2038 |
1722123.37 |
| Oha Credit Partners Xv Ltd |
0.87 |
-- |
04/20/2039 |
1523985.21 |
| Canyon Clo 2020-1 Ltd |
0.86 |
5.623 |
07/15/2034 |
1519682.37 |
| Neuberger Berman Loan Advisers Clo 55 L |
0.86 |
9.250 |
04/22/2040 |
1517204.92 |
| Cifc Funding 2022-I Ltd |
0.85 |
-- |
07/17/2041 |
1501500.00 |
| Bridge Street Clo I Ltd |
0.85 |
-- |
07/15/2039 |
1501125.00 |
| Rockford Tower Clo 2024-1 Ltd |
0.85 |
-- |
07/20/2039 |
1501125.00 |
| Madison Park Funding Lvii Ltd |
0.84 |
6.617 |
07/27/2034 |
1473082.81 |
| Dryden 113 Clo Ltd |
0.80 |
7.673 |
10/15/2037 |
1415562.67 |
| Bluemountain Clo Xxxiii Ltd |
0.77 |
7.425 |
10/20/2038 |
1358054.74 |
| Bluemountain Clo Xxxi Ltd |
0.75 |
5.275 |
04/19/2034 |
1314983.18 |
| Ocp Clo 2024-33 Ltd |
0.74 |
-- |
07/20/2039 |
1305567.87 |
| Octagon 71 Ltd |
0.73 |
-- |
04/18/2037 |
1288950.56 |
| Cifc Funding 2021-Vi Ltd |
0.72 |
7.922 |
07/15/2039 |
1264070.85 |
| Canyon Clo 2023-2 Ltd |
0.72 |
8.180 |
07/15/2039 |
1260785.81 |
| Oha Credit Funding 18 Ltd |
0.71 |
-- |
07/20/2039 |
1251250.00 |
| Halseypoint Clo 7 Ltd |
0.58 |
5.875 |
07/20/2038 |
1014937.86 |
| Ozlm Xxiii Ltd |
0.58 |
5.873 |
10/15/2037 |
1014524.19 |
| Wind River 2023-1 Clo Ltd |
0.58 |
5.717 |
07/25/2038 |
1013714.21 |
| Goldentree Loan Management Us Clo 8 Ltd |
0.58 |
5.525 |
10/20/2034 |
1013355.42 |
| Cifc Funding 2020-I Ltd |
0.58 |
8.138 |
07/15/2039 |
1012688.55 |
| Benefit Street Partners Clo Xxiii Ltd |
0.58 |
7.893 |
04/25/2039 |
1012685.35 |
| Dryden 72 Clo Ltd |
0.57 |
5.651 |
05/15/2032 |
1008762.73 |
| Rockford Tower Clo 2019-2 Ltd |
0.57 |
5.642 |
08/20/2032 |
1007710.68 |
| Market Street Clo Ltd Iii |
0.57 |
-- |
07/20/2039 |
1001000.00 |
| Benefit Street Partners Clo Xxxv Ltd |
0.57 |
7.724 |
07/25/2039 |
995967.98 |
| Madison Park Funding Xxxv Ltd |
0.56 |
5.000 |
02/13/2039 |
993027.58 |
| Bain Capital Credit Clo 2022-2 Ltd |
0.56 |
8.664 |
04/22/2035 |
985759.28 |
| Sound Point Clo Xxvi Ltd |
0.56 |
7.287 |
07/20/2034 |
985699.50 |
| -- |
0.54 |
-- |
-- |
951596.91 |
| Other/Cash |
-5.49 |
-- |
-- |
-9664223.07 |
Portfolio
- Credit Quality (%)
- Years to Maturity
Credit Quality (%) as of 05/31/2026
| Composite | % of Net Assets | |
|---|---|---|
| Investment Grade | AAA | 1.42 |
| AA | 36.32 | |
| A | 20.37 | |
| BBB | 23.14 | |
| Non-Investment Grade | BB | 9.01 |
| Total Investment Grade | -- | 81.25 |
| Total Non-Investment Grade | -- | 9.01 |
| Not Rated | -- | 16.91 |
Years to Maturity as at 05/31/2026
-
Years
Maturity (%) -
< 1
0.00 -
1 - 3
0.00 -
3 - 5
0.00 -
5 - 7
0.00 -
7 - 10
8.70 -
10 - 15
0.00 -
15 - 20
0.00 -
20 - 30
0.00 -
30 +
0.00
Fees
Distributions
Distribution History
| Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|
| 07/01/2026 | 07/01/2026 | 07/07/2026 | $ 0.2517 | -- | -- | -- | $ 0.25 |
| 06/01/2026 | 06/01/2026 | 06/04/2026 | $ 0.2496 | -- | -- | -- | $ 0.25 |
| 05/01/2026 | 05/01/2026 | 05/06/2026 | $ 0.2410 | -- | -- | -- | $ 0.24 |
| 04/01/2026 | 04/01/2026 | 04/07/2026 | $ 0.2528 | -- | -- | -- | $ 0.25 |
| 03/02/2026 | 03/02/2026 | 03/05/2026 | $ 0.2321 | -- | -- | -- | $ 0.23 |
| 02/02/2026 | 02/02/2026 | 02/05/2026 | $ 0.2380 | -- | -- | -- | $ 0.24 |
| 12/29/2025 | 12/29/2025 | 12/31/2025 | $ 0.2630 | $ 0.0641 | -- | -- | $ 0.33 |
| 11/28/2025 | 11/28/2025 | 12/03/2025 | $ 0.2629 | -- | -- | -- | $ 0.26 |
| 11/03/2025 | 11/03/2025 | 11/06/2025 | $ 0.2836 | -- | -- | -- | $ 0.28 |
| 10/01/2025 | 10/01/2025 | 10/06/2025 | $ 0.2640 | -- | -- | -- | $ 0.26 |
| 09/02/2025 | 09/02/2025 | 09/05/2025 | $ 0.2754 | -- | -- | -- | $ 0.28 |
| 08/01/2025 | 08/01/2025 | 08/06/2025 | $ 0.3046 | -- | -- | -- | $ 0.30 |
| 07/01/2025 | 07/01/2025 | 07/07/2025 | $ 0.3049 | -- | -- | -- | $ 0.30 |
| 06/02/2025 | 06/02/2025 | 06/05/2025 | $ 0.2791 | -- | -- | -- | $ 0.28 |
| 05/01/2025 | 05/01/2025 | 05/06/2025 | $ 0.2883 | -- | -- | -- | $ 0.29 |
| 04/01/2025 | 04/01/2025 | 04/04/2025 | $ 0.2693 | -- | -- | -- | $ 0.27 |
| 03/03/2025 | 03/03/2025 | 03/06/2025 | $ 0.2042 | -- | -- | -- | $ 0.20 |
| 02/03/2025 | 02/03/2025 | 02/06/2025 | $ 0.2843 | -- | -- | -- | $ 0.28 |
| 12/27/2024 | 12/27/2024 | 12/30/2024 | $ 0.2851 | -- | -- | -- | $ 0.29 |
| 12/02/2024 | 12/02/2024 | 12/05/2024 | $ 0.3181 | -- | -- | -- | $ 0.32 |
| 11/01/2024 | 11/01/2024 | 11/06/2024 | $ 0.2296 | -- | -- | -- | $ 0.23 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.
Team
Resources
Regulatory Information
Fund Documents
-
Name
Frequency -
CLOI and CLOB Fund Profile: Engineered for Income with Built-in Risk Protection
- Daily
-
VanEck Tax Information & Distributions
Annually -
VanEck ETF Solutions for Floating Rate Exposure
AdHoc -
NAV & Premium/Discount History
Daily - Annually
Thought Leadership
-
Name
Frequency