What Is a Collateralized Loan Obligation (CLO)? A collateralized loan obligation (CLO) is a portfolio of predominantly senior secured loans that is securitized and actively managed. Each CLO issues a ...

In the last few weeks, former Federal Reserve Chair Janet Yellen and former Federal Reserve Board of Governors member Daniel Tarullo have sounded the alarm on the rising issuance of leveraged loans.

Collateralized loan obligation issuance tied to commercial real estate so far this year is on pace to trounce that seen in 2024. Roughly $7.4B in commercial property-backed CLOs had been issued as of ...

Investors who buy bundles of loans packaged into bonds are increasingly using exchange-traded funds to do so, according to a report from Bank of America. ETFs have injected $9.5 billion into leveraged ...

The CRED iQ commercial real estate collateralized loan obligation (CLO) distress rate added 90 basis points (bps) in February — reaching a new high of 16 percent. A year ago, the CLO distress rate was ...