Public Fixed Income

CLOs: Finding Value in Turbulent Markets

May 2022 – 22 min listen

Co-Head of Structured Credit, Melissa Ricco discusses the current state of the collateralized loan obligation (CLO) market. She provides insight into the year-to-date performance of the asset class, the current credit quality picture, and what risks the team is monitoring.

Episode Segments

02:55 - How CLOs have weathered this year's market volatility
04:20 - What can be learned from past periods of market stress
08:51 - Today's credit quality picture vs. the early-pandemic period
11:37 - Understanding the CLO investor base
15:36 - Where Melissa and team are finding value today
18:29 - What to watch in the CLO space in the months ahead

22-2180517

Melissa Ricco

Co-Head Structured Credit Investments Team

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