(CLOB) VanEck Trust - Ratings and Ratios

The VanEck ETF Trust (NYSE ARCA: CLOB) is an actively managed exchange-traded fund (ETF) that primarily invests in collateralized loan obligations (CLOs). CLOs are securities backed by a pool of loans, typically made to corporations with below-investment-grade credit ratings. The fund allocates at least 80% of its total assets to CLOs of any maturity, focusing on securities rated between AA+ and BB- at the time of purchase. Unrated CLOs may also be included if they are deemed to have comparable credit quality by the funds adviser or sub-adviser, PineBridge Investments LLC. The fund is non-diversified, meaning it may concentrate its investments in a smaller number of securities.

The funds technical indicators suggest a stable trading pattern. Its 20-day moving average (SMA 20) is 50.73, slightly above its 50-day moving average (SMA 50) of 50.46, indicating a flat to slightly upward trend. The 200-day moving average (SMA 200) is 49.88, reflecting long-term stability. The average true range (ATR) of 0.05 highlights low volatility. The funds average daily trading volume over the past 20 days is 41,370 shares, with a last price of 50.79. Its assets under management (AUM) total $91.81 million, indicating a moderate scale of operations.