Collateralized debt obligations got a bad rap from movies like “The Big Short.” But the story could be different for their cousin, collateralized loan obligations. Issuers are diving into the world of exchange-traded funds that invest in CLOs. Janus Henderson recently filed with the Securities and Exchange Commission to launch another CLO strategy, while Reckoner Capital Management proposed four such ETFs earlier this month. The appeal stems from their high yields relative to other bond funds and the rece ...

Core Insights - The CEF/ETF Income Laboratory manages portfolios targeting approximately 8% yields through closed-end funds (CEFs) and exchange-traded funds (ETFs) to simplify income investing [2] - CLO ETFs, which invest in collateralized loan obligations, provide above-average dividend yields and have outperformed fixed-rate peers since inception, despite some recent dividend cuts due to Federal Reserve actions [2] Group 1: Investment Strategy - The service focuses on high-yield opportunities in the CEF and ETF space, catering to both active and passive investors of varying experience levels [2] - Most holdings in the CEF/ETF Income Laboratory are monthly payers, which facilitates faster compounding and steady income streams [2] Group 2: Analyst Background - Juan de la Hoz has extensive experience in fixed income trading, financial analysis, and operations, with a focus on dividend, bond, and income funds, particularly ETFs [3]