2024-07-11 08:49:10 ET
Summary
- The CLO equity senior security sector is easy to overlook, but it has a number of attractive features such as high yields, strong asset coverage levels and mandatory maturities.
- We review the sector, the most common pitfalls and discuss a couple of head-to-head comparisons.
- Finally, we provide a detailed risk/reward summary and highlight our picks.
In this article, we update our view across the CLO senior security space. Specifically, we look at baby bonds and preferreds of investment funds (both CEFs and BDCs) that allocate primarily to CLO Equity and Debt securities....
Read the full article on Seeking Alpha
For further details see:
Our Latest Picks In The 8-9%-Yielding CLO Equity Senior Security Sector