The ETF is Not Compliant because of its classification in Loan Participation Funds.
CLOZ – Eldridge BBB-B CLO ETF
🔒
Not Compliant
☆☆☆☆☆ 0/5
- Bond
- Loan Participation Funds
- ETF
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Impure Income
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Zakat per Share*
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Purification
Debt
0.00%
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Non-Compliant Assets
0.00%
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Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Impure Income
0.00%
-
Debt
0.00%
-
Cash
0.00%
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Cash & AR
0.00%
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Impure Income
0.00%
-
Debt
0.00%
-
Cash
0.00%
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Cash & AR
0.00%
-
Impure Income
0.00%
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ETF Objective
The Fund seeks to generate current income with a secondary objective of capital preservation. It is an actively-managed ETF that pursues its investment objective by investing at least 80% of its net assets in CLOs that are rated between BBB+ and B- or equivalent by a nationally recognized statistical rating organization.
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