Missed the live session? You can now access the full recording of our conversation on AAA CLOs featuring securitized products expert Edwin Wilches and Head of UK Distribution, Robert Hall. Edwin and Rob explored CLO history, explained the market’s inner workings, and outlined the strategic case for allocating to AAA CLOs as investor access expands beyond the institutional remit. With stable income, strong structural protections, and low correlations to traditional bonds, the session highlighted why we believe AAA CLOs offer one of the best risk-return profiles in fixed income today.
Key questions addressed included:
• How do yields compare with similarly-rated corporate bonds?
• What do default trends tell us about risk?
• Why does PGIM focus on the highest-quality CLO tranches?
• What role can CLOs play in diversifying a traditional wealth portfolio?
• Why should investors consider PGIM for their CLO needs?
References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities. The securities referenced may or may not be held in the portfolio at the time of publication and, if such securities are held, no representation is being made that such securities will continue to be held.
The views expressed herein are those of PGIM investment professionals at the time the comments were made, may not be reflective of their current opinions, and are subject to change without notice. Neither the information contained herein nor any opinion expressed shall be construed to constitute investment advice or an offer to sell or a solicitation to buy any securities mentioned herein. Neither PFI, its affiliates, nor their licensed sales professionals render tax or legal advice. Clients should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation. Certain information in this commentary has been obtained from sources believed to be reliable as of the date presented; however, we cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. The information contained herein is current as of the date of issuance (or such earlier date as referenced herein) and is subject to change without notice. The manager has no obligation to update any or all such information; nor do we make any express or implied warranties or representations as to the completeness or accuracy.
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