Bloomberg Surveillance · Monday, August 3, 2026
Private credit ETFs, like the Bond Blocks Private Credit CLO ETF (PCMM), provide diversified access to middle-market private debt. These ETFs hold CLOs, offering exposure to numerous underlying loans across multiple managers, mitigating concentration risks. With compelling yields around 7% and low volatility, they are presented as a strong entry point for investors seeking private credit exposure.
“In your previous guests, was talking about middle market exposure, and she's also talking about structural advantages and approaches, so in this is the perfect marriage between the structual side of the ETFs and the benefits you give from ETF's liquidity, but also with a way to get access to private credit that's much more diversified than the stories we've been seeing.”
“So the product yields seven around seven percent, the fun portfolios seven percent, and you're getting a duration of something like seven months, so really low volatility with you know, compelling yields that investors don't want to give up, you know, private credit completely.”
“This is a great entry point. This is a great way to complement your more liquid and liquid products in your portfolio.”