CLO Strategy Selectively Adds Risk Amid Rally
April 28, 2024 at 07:30 AM EDT
By William Sokol, Director of Product Management CLOs started the year strong and new issuance is at record pace. Tighter AAA spreads and a stable economic outlook drove a modest shift in our CLO strategy into lower investment grade tranches, but selection is key. The VanEck CLO ETF (CLOI) shifted modestly into lower investment grade tranches over [...] The post CLO Strategy Selectively Adds Risk Amid Rally appeared first on ETF Trends .