In this episode of Alternative Angles, host Steve Rosen sits down with Fidelity portfolio managers David DeBiase and Michelle Liu for a focused discussion on investing in collateralized loan obligation (CLO) tranches, their design, the leveraged loan collateral that underpins them, and how risk and return are distributed across the capital structure.
Listen in as Dave and Michelle explore where CLO tranches fit within a portfolio, the trade-offs versus traditional fixed income, and key considerations when allocating to AAA versus mezzanine tranches.
Listen on Spotify, Apple Podcasts and YouTube
To access more content, please visit Fidelity’s Communities on Alternative Investments.
