US CLO ETFs Surpass $50B in Total Assets
US collateralized loan obligation (CLO) exchange-traded funds (ETFs) have hit a major milestone, collectively managing over $50 billion in assets, marking a significant growth in the sector. This surge is estimated by Bank of America and highlights the increasing investor interest in CLO ETFs, which offer exposure to leveraged loans. Gretchen Lam, CEO of Octagon Credit Investors, shared insights on this trend during a discussion on "Bloomberg Real Yield," emphasizing its implications for the broader market dynamics and the appeal of these funds in diversified portfolios.
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