Inside the Securitized Market: Consumer Strength, Credit Risk and Hidden Opportunities

From auto loans to home equity lines, Douglas Gimple explains why the securitized market remains a fertile ground for active managers — and how consumer trends, credit enhancements and benchmark gaps are shaping today’s fixed income landscape. (47 min podcast)   DISCLOSURES Bloomberg US Aggregate Bond Index measures the performance of investment grade, fixed-rate taxable bond market and includes government and corporate bonds, agency mortgage-backed, asset-backed and commercial mortgage-backed securities (agency and non-agency).  ABS – Asset-backed securities CLO – Collateralized loan obligations CRE CLO – Commercial real estate collateralized loan obligations CMBS – Commercial mortgage-backed securities Investment Grade is a Bond Quality Rating of AAA, AA, A or BBB. The views expressed are those of the speakers as of November 2025 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.