The CLO Market and the Opportunity for Equity Investors

The opportunity continues to be for high cash flow, but also total return as well. Oaktree believes that such information is accurate and that the sources from which it has been obtained are reliable. It cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information. Certain information contained herein concerning economic trends and performance is based on or derived from information provided by independent third-party sources. This recording contains information and views as of the date indicated and such information and views are subject to change without notice.