Artisan Partners Credit Team reviews the prior quarter’s events in leveraged credit markets and presents potential areas of opportunity.

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This audio recording should be reviewed in conjunction with the accompanying slide presentation, which contains strategy performance and other important information. Access “Slides” to view.

This investor update represents the views and opinions of the speakers as of 23 Jan 2024, which are based on current market conditions, will fluctuate, and are subject to change without notice. While the information contained herein is believed to be reliable, there is no guarantee to the accuracy or completeness of any statement in the discussion. This material is for informational purposes only and should not be considered as investment advice or a recommendation of any investment service, product or individual security. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation.

*Clarifications: The biggest maturity wall for leveraged loans was 38% in 2028. The Artisan High Income Strategy Composite’s triple-B distribution is up one point versus one year ago.

Past performance does not guarantee future results. Current and future portfolio holdings are subject to risk.

For Institutional Investor Use Only – Not for Retail Distribution