CLOs Continue to Climb As Spreads Tighten and Coupons Rise
July 30, 2023 at 10:00 AM EDT
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 2023. The VanEck CLO ETF (the “Fund”) has outperformed its benchmark, the J.P. Morgan CLO Index year-to-date through June 30, 2023 and since the fund launched in June 2022. In the second [...] The post CLOs Continue to Climb As Spreads Tighten and Coupons Rise appeared first on ETF Trends .
