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PCLO

25.040001 USD
0.015
0.06%
Last update Jun 18, 9:41 AM EDT
Market closed
Day range
25.040001
25.040001
Previous close
25.025000
Open
25.040001
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Virtus Seix AAA Private Credit CLO
25.04
0.02
0.06%

Overview

Description

Virtus Seix AAA Private Credit Collateralized Loan Obligation is a complex structured financial instrument designed primarily for institutional investors. The main function of this asset is to securitize and repurpose private credit loans, offering a means to leverage diverse credit risks while providing potential income opportunities. This particular CLO tranche focuses on AAA-rated securities, indicating the highest credit quality and low default risk. By participating in this asset class, investors are exposed to a variety of sectors including corporate loans, infrastructure financing, and consumer credit markets. The Virtus Seix AAA Private Credit CLO plays a significant role in providing liquidity and credit diversification in the financial market, especially catering to those seeking high-grade investment opportunities with enhanced yield potential compared to conventional fixed income products. Its market significance is underscored by the meticulous structuring and ongoing management by experienced financial professionals, ensuring adherence to credit quality and regulatory standards. This asset contributes to the broader spectrum of investment options within the structured finance ecosystem, supporting the overall growth and stability of the debt markets.

About

Address
Phone
877-332-8172
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 2 hours 46 minutes

01:13
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).