Advisors Asset Management, Inc.

In this edition of #ETF Insights, Crescent Capital's James Guido and Wayne Hosang discuss leading trends in the Collateralized Loan Obligation (CLO) market. The CLO veterans see robust secondary market liquidity, particularly in Triple A tranches, but observe that net new CLO issuance has lagged investor demand, resulting in tighter spreads and yield compression at the top of the capital stack.

Amidst ongoing uncertainty and volatility, investors can employ several strategic measures: dividends can provide a tangible source of return and can act as a buffer during downturns, while sector rotation into defensive areas like Health Care and Consumer Staples offers a haven, in our opinion. Read the latest viewpoints article from Jimmy Topping, CFA: https://lnkd.in/eFkerjYj

WEBINAR | Private Credit: Strategies, Market Trends & Portfolio Integration Thursday, December 11 | 1:00pm ET Earn 1 CFP®, CIMA®, CPWA®, and RMA® CE Credit Register Now: https://lnkd.in/gjRuvscu Join AAM and Wilshire to deepen your understanding of private credit and alternative yield strategies, and gain insights into the rapidly evolving investment environment. • Understand the shift from traditional banks to private credit lenders, regulatory impacts, and how non-bank managers source and structure loans. • Explore the potential benefits of private credit including higher yields, downside protection, and diversification for fixed income portfolios. • Get up-to-date perspectives on direct lending, distressed credit, and opportunistic credit in North America. • Discover best practices for integrating private markets into broader portfolios. You won’t want to miss this live webcast! https://lnkd.in/gjRuvscu Questions? Contact AAM at [email protected] or 888-875-0116.

This month’s #ETF Insights is from the subadvisor to AAM Brentview Dividend Growth ETF (BDIV), Brentview Investment Management. John Gomez, President and Founder of Brentview, unpacks why #dividendinvesting in 2025 required more than just simple yield-chasing. It required a more nuanced approach that prioritizes sector balance, company-specific fundamentals, and dividend growth—underscoring why BDIV’s active strategy aims to play both offense and defense in a changing market.

Is Your Dividend Growth Manager Capturing These Trends? MEET #BDIV – PART OF AAM’S RESILIENT INCOME #ETF SUITE. AAM BRENTVIEW DIVIDEND GROWTH ETF (BDIV) Dividend growth stocks are often thought of as “boring” and “staid.” In contrast, BDIV’s subadvisor, Brentview Investment Management (Brentview) believes that several exciting trends can be expressed through dividend growth companies. Learn more about BDIV: https://lnkd.in/eU-dsv2d View all AAM’s Resilient Income ETFs: https://lnkd.in/e_8j7ThX *As of 9/30/2025. Holdings subject to change. Visit website for complete list of current holdings and fact card for Top 10 Holdings. Growth trends represent select areas where Brentview sees opportunity. The stocks listed are not intended as recommendations and carry no implications about past or future performance. Stocks and themes shown are included solely as part of a review of portfolio holdings and were not selected based on specific performance.

In this issue, we unpack the BBB tranche of the CLO market which can be an appealing option for investors seeking yield and risk adjusted returns in the face of potential fed cuts. Read Lance McGray Jr.'s latest viewpoints article: https://lnkd.in/eA7mCznE