NYLI Investment Grade CLO ETF
CLOO
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 51 Madison Avenue New York NY United States of America 10010
- IPO Date
- May 6, 2026
- Website
- newyorklifeinvestments.com
- Similar Companies
- Business
- New York Life Investment Management Debuts Investment Grade CLO ETF, CLOO, actively managed, focused on investment grade CLO tranches to provide current income and capital preservation. Main products and services New York Life Investment Management (NYLIM) launches and manages NYLI Investment Grade CLO ETF (CLOO), an actively managed exchange-traded fund that seeks income and capital preservation by investing primarily in investment-grade-rated debt tranches within collateralized loan obligations (CLOs). The fund targets predominantly investment-grade CLOs, leveraging NYLIM’s research-driven approach to credit analysis, portfolio construction, and risk management. It provides daily liquidity as an ETF vehicle, alongside ongoing monitoring of credit, interest-rate, liquidity, and structural risks inherent to CLO structures. The strategy emphasizes disciplined security selection, diversification across CLO vehicles, and adherence to a defined risk framework aligned with investment-grade collateral pools. Latest major company changes In 2025–2026, NYLIM expands its product platform by introducing CLOO as part of an ongoing effort to broaden access to structured credit strategies for a broader investor base. The launch reflects strategic emphasis on active management within the CLO space, targeting income generation and capital preservation. The offering marks a formal entry into the ETF space for NYLIM’s CLO capabilities and signals potential subsequent product extensions or adjuncts within the NYLI family of funds. NYLIM also indicates ongoing enhancements to governance, portfolio monitoring, and risk controls to support an actively managed CLO sleeve within the ETF construct. The changes align with broader strategic moves to diversify product suites and expand distribution to institutional and retail investors seeking yield-oriented credit solutions. Additional context Industry and business segments: asset management, ETF management, fixed income; customer types include high-net-worth individuals, financial advisors, institutions seeking yield-focused, diversified credit exposure. Geographic operations: United States, with NYLIM being part of New York Life Investments, leveraging a US-based management and distribution footprint; potential cross-border marketing activities through affiliates as applicable. Founding year and headquarters: NYLIM operates under the umbrella of New York Life Investments, with primary corporate presence in New York, NY, USA, and affiliate leadership in investment management and research. Subsidiaries/parent relationships: NYLI Investment Grade CLO ETF is managed by NYLIM as part of the NYLI family; the fund structure is governed by the sponsoring and sub-advisory relationships typical of NYLIM’s ETF offerings, with NYLIM as the lead sponsor and subadvisors providing credit research and portfolio construction capabilities. Illustration Illustrative asset allocation and risk controls are oriented around investment-grade CLO exposures, with diversification across managers, collateral pools, and structural tranches to balance income generation with credit and liquidity risk considerations. This approach aims to deliver reliable current income while preserving capital through disciplined CLO selection and ongoing risk oversight.