VanEck AA-BB CLO ETF (CLOB) is an exchange-traded fund in the Securitized Bond Focused category. It has $196.67M in assets, an expense ratio of 0.45% and a 6.15% dividend yield. The fund is an actively managed ETF that normally invests at least 80% of its total assets in collateralized loan obligations (“CLOs”) of any maturity that are rated between and inclusive of AA+ and BB- at the time of purchase, or if unrated, determined to be of comparable credit quality by the Adviser and/or PineBridge Investments LLC, the fund’s sub-adviser. The fund is non-diversified.