Advisors Asset Management (AAM), an investment solutions provider, launched the AAM Crescent CLO ETF, expanding AAM’s suite of actively managed income-oriented exchange-traded funds (ETFs). Developed in partnership with Crescent Capital Group, CLOC seeks to provide attractive income potential and diversification through investment in liquid, investment grade tranches of collateralized loan obligations (CLOs).
CLOC is designed for investors seeking enhanced income opportunities relative to traditional credit sectors, while maintaining a disciplined focus on quality and liquidity. The strategy leverages Crescent’s three decades of experience as both an issuer and investor in CLOs — an advantage that enables deeper insight into market dynamics, structural trends and potential risks across the credit landscape.
“The launch of CLOC reinforces AAM’s commitment to offering differentiated, actively managed strategies designed to meet the demand of today’s investors,” Lance McGray, managing director, head of ETF product at AAM, said. “In an environment defined by inflation and interest-rate volatility, investors are increasingly looking beyond traditional fixed income sectors to source meaningful income. Our partnership with Crescent — one of the most experienced CLO managers in the market — allows us to bring institutional-caliber credit expertise to a broader audience through an accessible ETF. With a net expense ratio of 0.18% (as of 10/23/25)*, we are proud to offer the lowest-cost CLO ETF in the market today.”
As sub-advisor to CLOC, Crescent brings over 30 years of credit expertise, specializing in corporate and structured credit strategies spanning bank loans, high yield bonds, CLOs and private debt. Crescent was among the first firms to issue CLOs in 1993 and continues to be a leading participant today.
“Crescent’s long-standing role as both a manager and issuer of CLOs gives us a distinct vantage point to identify relative value and mitigate risk across structures,” Wayne Hosang, managing director, portfolio manager at Crescent, said. “Through CLOC, investors can access an institutional-caliber portfolio built to provide compelling income potential with lower sensitivity to interest rate movements.”
CLOC is also the latest addition to AAM’s ‘resilient income’ suite of ETFs – AAM’s lineup of their income-focused ETFs.
