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Palmer Square CLO Senior Debt Index

Ticker
CLOSE
Price
$100.18
as of 10/31/2024
Yield
6.14%
as of 10/31/2024

The Palmer Square CLO Senior Debt Index is a rules-based observable pricing and total return index for CLO debt for sale in the United States, rated at the time of issuance as AAA or AA (or an equivalent rating). Such debt is often referred to as the senior tranches of a CLO.

 

Performance

as of 10/31/2024

October 2024 0.59%
YTD 2024 6.28%
1 Year (annualized) 8.15%
3 Years (annualized) 5.30%
5 Years (annualized) 4.10%
Annualized since Jan. 1, 2012 3.26%
Cumulative since Jan. 1, 2012 51.01%
 

The following types of CLOs are eligible for inclusion in the Underlying CLO Indices:

  • “Arbitrage” CLOs, collateralized by broadly syndicated loans
  • Only floating rate tranches are eligible for inclusion
  • Tranche must be denominated in U.S. dollar
  • Closing date on or after January 1, 2009
  •  Minimum deal size of $600 million for deals issued Jan 1, 2009 – Dec 31, 2012
  • Minimum deal size of $500 million for deals issued Dec 31, 2012 – current

The following types of CLOs are NOT eligible for inclusion in the Underlying CLO Indices:

  • “Middle-market” CLOs, collateralized by loans to small or medium-sized firms and/or by loans of a small or medium size
  • Fixed rate, revolver, combo, and step up notes
  • Asset-backed CDOs, collateralized by residential, commercial or consumer credit loans
  • Emerging market CLOs, collateralized by loans to or securities of emerging markets issuers
  • “Balance Sheet” CLOs

 

 

We are defined by our philosophy and guided by our business principles as we invest and serve clients globally.

ANGIE K. LONG, CFA

Chief Investment Officer/Portfolio Manager

$32+ Billion

APPROX. FIRM AUM

32

INVESTMENT PROFESSIONALS

100%

MANAGEMENT OWNED

95%

CLIENT RETENTION RATE

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