Guggenheim Investment Grade CLO ETF (GCLO)

The Guggenheim Investment Grade CLO ETF (GCLO) is an actively managed exchange-traded fund from Guggenheim Investments.

The fund invests primarily in investment-grade debt tranches of collateralized loan obligations, which are securitized pools of senior secured corporate loans. CLO debt typically pays floating-rate coupons, so income tends to adjust with short-term interest rates. Guggenheim's structured credit team analyzes the underlying loan pools, deal structures and managers when selecting tranches.

Shares trade on NYSE Arca, offering intraday access to an asset class that has traditionally been held mostly by institutional investors.