🟢 CLO Income ETF (OXLC) is trading 2.09% up today after July CPI met expectations at 3.4%

OXLC is trading at $9.52, +2.09%, as July CPI met expectations at 3.4% year over year, reducing immediate fears of further Fed tightening.

• Tight high-yield spreads near 2.70% and resilient CLO activity support OXLC’s leveraged-loan and CLO investments.
• Its upcoming $0.20 monthly distribution, going ex-dividend August 17, may also support demand.
• The move appears primarily macro and credit-market driven rather than fund-specific, while high-yield credit conditions remain favorable.