Asset-Backed Securities
Asset-Backed Securities (ABS) are securities for which underlying credit exposures can be auto loans, student loans, credit card loans, equipment loans, floorplan loans or any other pledged first lien asset. They are typically short term triple-A investments which offer spreads over similarly-rated money market securities. JVB can help provide specific issue color and offerings to enhance returns in your short term holdings portfolio, dedicated towards money market returns, 2-year time horizon or less.