TURNKEY SOLUTIONS FOR WEALTH MANAGER AND FUND MANAGER

07/07/2021

Blog, Newsflash

CLOs offer an attractive premium

CLO, Credit Spread

CLOs (collateralized loan obligations) have always offered an attractive premium to bond or loan spreads, but investors continue to overlook the asset class due to their complexity and as they tend to be less liquid during market stress periods. However, a rational investor should take advantage of this relative yield advantage as double BB rated CLO bonds nominal yield averages 7.4%. The yield spread of CLO double BB rated bonds vs similarly rated US high yield bonds looks particularly interesting.

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