Pimco gives 2.0 CLOs a home in ultra low duration ETF

By Sayed Kadiri

Tuesday, March 11, 2014

Evidence of Pimco's triple A CLO investment strategy have now emerged following a Creditflux article on the asset manager's fondness for short duration paper

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TAGS: High yield bonds Pimco

View details on CLO-i: ALM V COA Summit CLO

Comment by: Anonymous. Posted 10 years ago [2014-03-12 01:11:46]

Is PIMCO the buyer, then, for the AAA tranches with step-up coupon? That would make sense given the "Short Maturity" mandate. If not, I'd advise PIMCO to read the reinvestment language carefully to see what flexibility the PM will read into the documents.

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