CLO Monthly Monitor
CLO performance was positive across the board as August slipped away.
CLO Monthly Monitor
CLO performance was positive across the board as August slipped away.
Contents
CLO performance was positive across the board as August slipped away. Carry drove total return during the month and spreads compressed across the capital stack. The JP Morgan CLOIE Index reporting returns of +0.46% (AAA), +0.50% (AA), +0.48% (A), +0.74% (BBB), and +0.96% (BB). New CLO origination was $19.2 billion across 39 deals, taking the year-to-date total to $141.9 billion and 8% ahead of the record setting pace of 2024.
CLO performance was positive across the board as August slipped away. Carry drove total return during the month and spreads compressed across the capital stack. The JP Morgan CLOIE Index reporting returns of +0.46% (AAA), +0.50% (AA), +0.48% (A), +0.74% (BBB), and +0.96% (BB). New CLO origination was $19.2 billion across 39 deals, taking the year-to-date total to $141.9 billion and 8% ahead of the record setting pace of 2024.