PCMM
BondBloxx Private Credit CLO ETFPCMM
PCMM
0
Funds holding %
of 7,327 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1,000% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 2
517% more capital invested
Capital invested by funds: $14.2M [Q4 2024] → $87.5M (+$73.3M) [Q1 2025]
286% more funds holding
Funds holding: 7 [Q4 2024] → 27 (+20) [Q1 2025]
100% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]
5.3% less ownership
Funds ownership: 93.55% [Q4 2024] → 88.25% (-5.3%) [Q1 2025]
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Research analyst outlook
We haven’t received any recent analyst ratings for PCMM.
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
PCMM: Conditionally Bullish On This CLO Newcomer
BondBloxx Private Credit CLO ETF is a mid-market CLO and BSL newcomer. The ETF follows a laddered approach to its ratings exposure, has a 30-day SEC yield of around 7.60%, and an expense ratio of 0.68%. Although it possesses an effective duration of merely 0.13, PCMM has a widish option-adjusted spread of 340 basis points and a yield-to-worst of 40 basis points below the YTM.
Neutral
CNBC Television
2 months ago
ETF Edge: Bond ETFs volatility, fund inflows and navigating the uncertainty
Joanna Gallegos, Bondbloxx ETFs co-founder, and Todd Sohn, Strategas Securities technical strategist, join CNBC's Dom Chu on “ETF Edge” to discuss the recent volatility in bonds funds, the moves in rates, where ETF inflows are headed and opportunities in the market.
Positive
Seeking Alpha
2 months ago
PCMM: Innovative Private Credit CLO Fund
PCMM is an innovative ETF offering retail investors access to the private credit market, specifically through Collateralized Loan Obligation tranches predominantly backed by loans to middle-market companies. The actively managed fund provides a diversified "vertical slice" of CLO tranches (from AAA to BB). Its holdings are primarily floating rate, resulting in a high yield. PCMM specifically provides exposure to loans made to "middle market" companies (typically $10M-$1B in annual revenue).
Neutral
Seeking Alpha
3 months ago
PCMM: Why This Private Credit ETF Deserves A Spot On Your Watchlist
The BondBloxx Private Credit CLO ETF (PCMM) offers access to private credit CLOs, targeting mid-sized companies with an annual EBITDA between $10 million and $250 million. PCMM's portfolio focuses on senior class A notes with high credit ratings and has a near-zero duration, insulating it from interest rate risks. Despite a competitive SEC yield, PCMM's high expense ratio and limited operating history make it a cautious hold rather than a buy.
Neutral
ETF Trends
4 months ago
Fixed Income ETF Demand Continues in March
During the first week of March, fixed income ETFs gathered more money than equity products. While not rare, this is a sign of uncertainty in the markets.
Positive
ETF Trends
4 months ago
BondBloxx Fixed Income ETFs Surpass $4 Billion in Total AUM
Fixed income firm BondBloxx celebrated a new milestone recently, crossing $4 billion in ETF AUM. The firm offers more than 20 fixed income ETFs for investors, led by its largest fund, the BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF).
Neutral
CNBC Television
4 months ago
How to decide if private credit ETFs are right for you
Joanna Gallegos, Bondbloxx co-founder and COO, joins CNBC's Bob Pisani on ‘Halftime Report' to discuss the use of private credit and private equity in ETFs, the controversy surrounding the products and more.
Neutral
ETF Trends
5 months ago
VIDEO: ETF of the Week: PCMM
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the BondBloxx Private Credit CLO ETF (PCMM) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
Neutral
ETF Trends
5 months ago
ETF of the Week: BondBloxx Private Credit CLO ETF (PCMM)
VettaFi's Head of Research Todd Rosenbluth discussed the BondBloxx Private Credit CLO ETF (PCMM) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
Positive
ETF Trends
6 months ago
Active Fixed Income in 2025: Another Golden Year Ahead
Friday's rip-roaring jobs report has pushed the betting markets to price in a single rate cut for the entire year of 2025. Many top Wall Street brokerages have now revised their rate forecasts.
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