Published on 26 Jul 2023 on ETF Trends via Yahoo Finance
The Opportunity in CLO Investments
This article was originally published on ETFTrends.com.
Collateralized loan obligations (CLOs) were abandoned after the global financial crisis (GFC) of 2007-2009. Since then, CLOs have made a comeback due to their strong performance during the GFC and beyond. CLO notes issued before the GFC did not have material defaults, and many CLO equity securities issued then ended up with annualized returns above 20%.
