Nest CLO Vault
View on Nest Update infoThe AAA CLO vault allocates stablecoin deposits to tokenized ETF exposure to AAA-rated collateralized loan obligations (CLOs), backed by diversified pools of senior secured corporate loans. The strategy seeks floating-rate income and capital preservation, with income automatically reinvested and reflected in the vault token price.
- The value in this vault is down more than 95% of its peak. The vault is likely abandoned or facing issues.
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 1.8% | 3.5% | --- | --- | -4.7% | |
| Performance fee Performance | No data | No data | No data | No data | No data | |
| Management fee Management | No data | No data | No data | No data | No data | |
| Deposit fee Deposit | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Withdrawal fee Withdrawal | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Net Net | No data | No data | No data | No data | No data |
About the vault
The vault takes stablecoin deposits and allocates them into tokenized exposure to PGIM AAA CLO ETF, an actively managed fund that seeks to provide capital preservation and current income by investing primarily in USD-denominated AAA-rated collateralized loan obligations (CLOs).
A CLO is a securitization backed by a diversified pool of senior secured corporate loans that are typically floating-rate. The pool's cash flows are split into tranches of varying seniority, with the AAA tranche sitting at the top of the capital stack. Subordinated tranches below AAA absorb any losses ahead of it. The ETF targets this most senior layer, which has historically offered higher yield than comparably-rated investment grade corporate bonds with low interest rate sensitivity.
The strategy is designed to deliver floating-rate yield from a diversified pool of AAA-rated CLO tranches. Income generated by the underlying CLO holdings is automatically reinvested into the vault, with returns reflected directly in the vault token price rather than distributed, providing passive exposure to senior secured corporate credit income.
Curated by Nest DAO
This vault is curated by Nest DAO.
Nest DAO is the primary curator of Nest vaults.
Running on Nest protocol
This vault is running on Nest:
Real-world-asset vaults built by the team behind Plume, with Nest DAO LLC as their primary curator.
Notes
Yield source: Income flows from interest payments of the underlying senior secured corporate loans, with the senior tranche paid first from the pool's cash flows ahead of subordinated investors. The floating-rate structure resets yield as short-term rates move, while the senior position in the capital stack limits exposure to credit losses from the underlying loan pool.
Risks: CLO is exposed to U.S. dollar-denominated AAA-rated CLO tranches, where performance depends on the credit performance of the underlying senior secured corporate loans and the structural protections built into each CLO. Risks may include credit losses on underlying loans, downgrades of CLO tranches, and reduced liquidity in the CLO secondary market. Although CLO invests principally in AAA-rated tranches, AAA ratings do not constitute a guarantee of credit quality and may be downgraded.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #812 | #947 | #724 | --- | --- | #1167 |
| Ranking on Plume | #13 | #13 | #10 | --- | --- | #18 |
| Ranking on Nest | #29 | #25 | #20 | --- | --- | #32 |
| CAGR (net) | --- | --- | --- | --- | --- | --- |
| CAGR (gross) | 2.3% | 1.8% | 3.5% | --- | --- | -4.7% |
| Returns (net) | --- | --- | --- | --- | --- | --- |
| Returns (gross) | 0.0% | 0.1% | 0.8% | -1.7% | -1.7% | -1.7% |
| Sharpe ratio | --- | 1.80 | 4.48 | -1.90 | -1.90 | -1.90 |
| Max drawdown | -0.2% | -0.3% | -0.3% | -2.8% | -2.8% | -2.8% |
Technical Details
| Vault name | Nest CLO Vault |
| Vault address | 0x84c18cd8a256bbcb98064558532235d25550d9e3 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | nCLO |
| Protocol | Nest |
| Homepage | View vault on protocol website |
| Current TVL | 288,284.516 USDC |
| Peak TVL | 11,080,643.399 USDC |
| Last share price | 0.983 USDC |
| Last updated | |
| Last updated block | 97,915,150 |
| Data refreshed at | |
| Data starts | 2026-05-27 17:14:35 UTC |
| Fee mode | Unknown |
| Fees internalised | --- |
| Features | erc_7540_like, erc_7575_like, nest_like |
| Strategy tags | --- |
| Flags | --- |
| Whitelist status | Unknown |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter