CLOI / CLOs Look Sturdy Even as Junk Defaults Rise

CLOs outperformed investment-grade and high yield bonds in September as fixed-rate debt continues to face headwinds in rising Treasury yields. The Van more_horizontal

A recent surge in bankruptcies and defaults by high-yield issuers is unnerving some fixed income investors. Bond investors, particularly those seeking more_horizontal

The VanEck CLO ETF focuses on investing in high-quality collateralized loan obligations and has performed well in the past year. The CLOI ETF might be more_horizontal

VanEck CLO ETF has improved its disclosures, now showing 95% of assets invested in investment grade securities for the ETF. CLOI has returned 8.1% on more_horizontal

Collateralized loan obligations (CLOs), single securities supported by larger pools of debt, are one of the corners of the fixed income that aren't as more_horizontal

CLOs generated strong returns in June, with a hawkish Fed driving coupons higher and a rally in spreads. CLOI continues to outperform its benchmark in more_horizontal

Broader bond benchmarks are performing far better in 2023 than they did last year. While that's certainly a positive, the fixed income environment isn more_horizontal

Collateralized loan obligations (CLOs) have typically been difficult for retail investors to access. However, CLOs offer potentially significant incom more_horizontal