EICB is a preferred equity series issued by a closed-end fund focused on junior CLO tranches (CLO debt and equity), tranches primarily rated below investment grade. EIC utilizes a combination of a ...

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 ...

JBBB is an exchange traded fund focusing on BBB rated CLO paper. The vehicle IPO-ed only recently, namely in January 2022. The vehicle has a monthly distribution and a 7.4% yield. The fund had a very ...

Barings has printed its first infrastructure CLO — the $506.8m Barings Infrastructure CLO Ltd 2025-I. In development since ...

The Private Credit team of Adams Street Partners, LLC ("Adams Street"), a private markets investment firm with more than $65 billion in assets under management, today announced the final closing of a ...

JBBB ETF involves higher credit risk as it owns lower-rated B-BBB CLO tranches, not AAA. This ETF offers a 6.62% SEC yield with monthly payouts, appealing for higher income seekers. With an expense ...

They are backed by diversified, transparent corporate credit, often from large, well-known companies Read more at The ...

Transaction follows company-record CLO volume in 2024 which brought six CLO deals to market as an active issuer investing in CLO debt tranches across the capital structure NEW YORK--(BUSINESS ...

In the aftermath of the Global Financial Crisis (GFC), Collateralized Loan Obligations (CLOs) emerged as a contentious topic and were viewed through a cautious lens. However, as financial markets have ...

NEW YORK, May 20 (RLPC) - Bank of America Merrill Lynch today released price guidance on a $410 million collateralized loan obligation (CLO) it is marketing for LCM Asset Management, buyside sources ...