July 2024
CLO Monitor
CLOs delivered positive returns across the capital stack in June, despite senior tranche spreads widening from their recently tighter levels.
New CLO origination volume in June was $11.5 billion, bringing year-to-date issuance to $101.4 billion, nearly double the issuance for the same period in 2023. This includes the second-highest quarterly volume on record for new deals at $52.6 billion. Issuance year-to-date originated from 214 deals by 104 managers.