Core Insights - The CLO (Collateralized Loan Obligation) market is experiencing significant challenges, referred to as the "CLOpocalypse," due to tightening cash flows following a decline in the secured overnight financing rate (SOFR) [1] Group 1 - CLO funds across various sectors are beginning to deteriorate as their cash flows tighten modestly [1] - The current economic environment is described as uneasy, which is exacerbating the issues faced by CLO funds [1]