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Posted by
Two Blokes May 22, 2025 -
Filed in
Stock
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PCMM is an innovative ETF offering retail investors access to the private credit market, specifically through Collateralized Loan Obligation tranches predominantly backed by loans to middle-market companies. The actively managed fund provides a diversified "vertical slice" of CLO tranches (from AAA to BB). Its holdings are primarily floating rate, resulting in a high yield. PCMM specifically provides exposure to loans made to "middle market" companies (typically $10M-$1B in annual revenue).
