Skip to main content

Will CLOs Continue to Rally in 2024?

CLOs rallied strongly in December, ending 2023 with a 10.54% return. The current backdrop suggests CLOs are well positioned to start 2024. The VanEck CLO ETF (CLOI) returned 2.06% in the fourth quarter, and 9.37% for the year, outperforming investment-grade bonds and AAA-rated CLOs, but underperforming the broad CLO market due to its lower risk exposure [...] The post Will CLOs Continue to Rally in 2024? appeared first on ETF Trends .
Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.