Digital Vision./DigitalVision via Getty Images Overview Collateralized Loan Obligations are pools of different loans that have been bundled together and then packaged into different levels of risk, commonly known as a 'tranche'. A lot of investors shy away from this sort of Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in JBBB over the next 72 hours.
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