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NCLO

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1d
1w
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Analysis and statistics

  • Open
    25.1772$
  • Previous Close
    24.8925$
  • 52 Week Change
    --
  • Day Range
    0.28$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

NCLO.US represents the Neuberger Berman CLO Income Fund Inc., a closed-end management investment company. The fund primarily seeks to provide current income and may also seek capital appreciation. It invests in a portfolio of collateralized loan obligations (CLOs), which are securitized pools of primarily senior secured corporate loans. CLOs offer exposure to the leveraged loan market and can provide potentially attractive yields compared to other fixed income investments, but also carry inherent risks related to credit quality, liquidity, and interest rate fluctuations.
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Factors

The response should only include the requested format. Underlying CLO Market: Performance of collateralized loan obligations (CLOs) held by the ETF directly impacts its price.

Interest Rate Movements: Changes in interest rates affect CLO values and thus NCLO.US's price.

Credit Spreads: Widening credit spreads signal increased risk, lowering NCLO.US's value; tightening spreads increase it.

Supply & Demand: ETF share creation/redemption and investor demand influence price independent of NAV.

Management Fees & Expenses: Higher fees reduce returns, impacting NCLO.US's market price over time.

Economic Conditions: Economic growth generally supports loan performance; recessions can negatively affect CLOs.

Regulatory Changes: New regulations impacting CLOs or ETFs can alter NCLO.US's valuation and investor appetite.

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