At a time when corporate credit spreads are tighter than ever, securitized markets still offer attractive relative value. Our take on how to approach it: add diversification, pick your targets, and take some calculated risks.

The securitized credit market has evolved, through economic cycles and crises, into a popular fixed income allocation. However, its breadth, relative youth, and perceived complexities can be challenging for new investors, causing them to miss out on the asset class’s opportunities. Here’s what you need to know.

Having trouble remembering the difference between a CDR and a CRT? We’re here to help.

The question we are asking ourselves at this moment (August 4th, in the PM) is this past Friday more indicative of the ‘dog days’ of summer (S&P 500 -160bps, VIX back over 20) or is today (S&P 500 +134bps, VIX safely under 20)?