Collateralized Loan Obligations (CLOs) can offer a high yielding, scalable, floating-rate alternative to corporate bonds, a history of stable credit performance, and structural features intended to mitigate risk. At Guggenheim Investments, our deep expertise in the sector positions us to potentially capture the value in CLOs through different market cycles. Discover more about CLOs and our management approach in the 2025 edition of Understanding CLOs: https://xmrrwallet.com/cmx.plnkd.in/gjNUEewR 𝗖𝗟𝗢𝘀 𝗮𝗿𝗲 𝗰𝗼𝗺𝗽𝗹𝗲𝘅 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗻𝗼𝘁 𝘀𝘂𝗶𝘁𝗮𝗯𝗹𝗲 𝗳𝗼𝗿 𝗮𝗹𝗹 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀. Some CLOs may have structures that make their reaction to interest rates and other factors difficult to predict, making their prices volatile and they are subject to liquidity and valuation risk. CLOs bear similar risks to investing in loans directly, including credit risk, interest rate risk, counterparty risk and prepayment risk. Loans are typically below investment grade.