Floating - Rate Income
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CLOZ: Floating-Rate Income-Hold Case
Seeking Alpha· 2025-12-18 18:08
The Eldridge BBB-B CLO ETF ( CLOZ ) is a way to receive attractive monthly income. However, we expect future dividends to be lower due to the downward trend in the SOFR rate and its relationship to the type of debtAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than ...