April 2024
CLO Monthly Monitor
CLOs delivered strong returns, with spreads across the capital stack continuing their tightening trend.
CLO tranches enjoyed strong total returns in March, with the JP Morgan CLOIE Index reporting returns of 0.53% (AAA), 0.64% (AA), 0.83% (A), 1.37% (BBB), 2.56% (BB), and 3.30% (B). The CS Leveraged Loan Index returned 0.83% in March. CLOs delivered strong returns, with spreads across the capital stack continuing their tightening trend.