BB CLO tranches are trading at higher yields of 12-18% due to wider spreads and market conditions. Caution is advised on tranches trading towards the higher end of the range. Potential market volatility is driven by economic indicators, inflation, liquidity concerns, and yield curve inversion. However, there are reasons for optimism.
ZAIS is a signatory to the United Nations-Supported Principles for Responsible Investment and supports the companion Sustainable Development Goals. As in 2019, ZAIS used a third-party vendor software to calculate the carbon footprint of our operation. ZAIS continues to purchase carbon offsets via Carbonfund.org. Our colleagues have picked two projects to help fund this year.