PCLO was created on 2024-12-02 by Virtus. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 18.66m in AUM and 25 holdings. PCLO is actively managed, seeking capital preservation and current income. The fund invests debt instruments that are backed by a pool of loans to private middle market companies. The investment strategy looks for higher quality CLOs that are undervalued by the market.