CLOZ Performance — Panagram BBB-B CLO ETF
Data updated: 2026-07-28
CLOZ returned +1.57% year to date and +5.97% over one year to May 2026. The annualised 3-year return is +10.57%. The fund trailed its International Ultrashort Securitized Bond category average: $100 invested three years ago grew to $135, against $137 for the category, and to $106 over one year, against $108. Volatility over the past three years was 3.19% a year. In the 12 months to May 2026 the fund lost a net $35.1M, and assets reached $668.14M.
CLOZ Growth of $100
What $100 invested in Panagram BBB-B CLO ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Ultrashort Securitized Bond category average over the same months.
| Period | CLOZ | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $108 |
| 3 years (Jun 2023 – May 2026) | $135 | $137 |
| Since data start (Jan 2023 – May 2026) | $140 | $141 |
CLOZ Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.57% |
| 1 year | +5.97% |
| 3 years (annualised) | +10.57% |
CLOZ Annual Returns
Calendar-year total returns of Panagram BBB-B CLO ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.57% |
| 2025 | +6.67% |
| 2024 | +11.51% |
| 2023 | +15.50% |
CLOZ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | −2.4% | +0.2% | +2.3% | +0.9% | — | — | — | — | — | — | — |
| 2025 | +1.1% | +0.5% | −0.9% | −0.3% | +2.0% | +0.6% | +0.7% | +0.9% | +0.7% | +0.3% | +0.4% | +0.7% |
| 2024 | +0.9% | +0.8% | +1.2% | +1.0% | +1.3% | +0.8% | +0.9% | +0.5% | +0.9% | +1.1% | +0.9% | +0.8% |
| 2023 | +0.8% | +0.3% | +0.5% | +1.3% | +0.2% | +1.8% | +3.3% | +1.1% | +1.1% | +0.2% | +2.1% | +1.9% |
CLOZ Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 3.19%
- 3-year Sharpe ratio: 1.90 (vs 4.5% risk-free rate)
- Best month: +3.29% (Jul 2023)
- Worst month: −2.35% (Feb 2026)
CLOZ Fund Flows
Monthly money in and out of Panagram BBB-B CLO ETF, from SEC Form N-PORT.
- 12-month net flow: −$35.1M
- 12-month gross sales (incl. reinvestments): $228.2M
- Sales ÷ redemptions: 0.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $34.1M | $0 | $34.1M |
| Apr 2026 | $34.0M | $0 | $34.0M |
| Mar 2026 | $0 | $62.0M | −$62.0M |
| Feb 2026 | $5.3M | $97.4M | −$92.0M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $5.3M | $0 | $5.3M |
| Nov 2025 | $0 | $64.0M | −$64.0M |
| Oct 2025 | $2.7M | $40.0M | −$37.3M |
| Sep 2025 | $21.4M | $0 | $21.4M |
| Aug 2025 | $34.7M | $0 | $34.7M |
| Jul 2025 | $21.4M | $0 | $21.4M |
| Jun 2025 | $69.3M | $0 | $69.3M |
CLOZ Assets Under Management
Net assets of Panagram BBB-B CLO ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $668.14M |
| 2026-02-28 | $653.03M |
| 2025-11-30 | $760.47M |
| 2025-08-31 | $844.91M |
| 2025-05-31 | $716.43M |
| 2025-02-28 | $1.01B |
| 2024-11-30 | $464.25M |
| 2024-08-31 | $456.56M |
| 2024-05-31 | $343.83M |
| 2024-02-29 | $217.85M |
| 2023-11-30 | $162.68M |
| 2023-08-31 | $83.16M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.