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Eldridge BBB-B CLO ETF offers 6.8% yield, seen as income anchor amid rising rates despite some risks.

Market News
03 Sep 2026
Seeking Alpha
View Source
Bullish
pluang ai news

The Eldridge BBB-B CLO ETF (CLOZ) remains a recommended buy, providing an estimated 6.8% annual yield with monthly income distributions. It has shifted its portfolio towards higher-quality BBB CLOs to reduce risk, though it has underperformed peers year-to-date due to higher exposure to BB tranches. Despite this, its assets under management have grown, signaling renewed investor confidence following the recent Federal Reserve meeting. Key risks include potential rising CLO defaults, which could impact capital appreciation given CLOZ's larger BB tranche allocation compared to benchmarks and competitors.

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Aptos price jumps 10% amid token burns and supply crunch after fee hike

Aptos price jumps 10% amid token burns and supply crunch after fee hike

Aptos (APT) surged over 10% in 24 hours, driven by a supply crunch following a 10x fee increase that funds token buybacks and burns. Over 1.5 million APT tokens were burned in the past month, reducing circulating supply and boosting network activity....

Technical Signals
Neutral
4 hours ago
Zcash price hits $979, boosting mining profits and network hashrate to near record highs.

Zcash price hits $979, boosting mining profits and network hashrate to near record highs.

Zcash (ZEC) surged to an intraday high of $979, marking an 88.1% gain over the past 30 days and a 353% rise over six months. This price increase has driven the network's hashrate to 91% of its all-time high, reflecting a significant influx of mining ...

Market News
Bullish
4 hours ago
Invesco S&P 500 Pure Value ETF gains 20.38% YTD but faces quality and risk concerns, rated neutral hold.

Invesco S&P 500 Pure Value ETF gains 20.38% YTD but faces quality and risk concerns, rated neutral hold.

The Invesco S&P 500 Pure Value ETF (RPV) has delivered a strong 20.38% gain year-to-date, supported by an attractive forward P/E of 11.41x and an 8.54% expected EPS growth next year. Its overweight exposure to Energy and Materials sectors is seen as ...

Analyst Insights
Neutral
5 hours ago
XRP Ledger's AMM amendment hits 80% validator consensus, advancing decentralized finance features.

XRP Ledger's AMM amendment hits 80% validator consensus, advancing decentralized finance features.

The XRP Ledger's Automated Market Maker (AMM) amendment has reached 80% consensus among validators, a key milestone for its implementation. This high level of agreement indicates strong support within the network to enhance decentralized finance capa...

Protocol Fundamentals
Neutral
5 hours ago
PONS token gains momentum with Binance listing and strong buybacks amid early whale risks

PONS token gains momentum with Binance listing and strong buybacks amid early whale risks

PONS token has expanded from a meme-token on Robinhood Chain to broader trading markets, recently listing on Binance Alpha where its price surged to $0.52. The token launchpad has processed over $5 billion in two months, driven by high transaction vo...

Market News
Neutral
5 hours ago
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