CLOs, CEFs Offer Structural Trade-Offs For Investors

02 May 2011

There are advantages and disadvantages of using collateralized loan obligations and leveraged loan closed-end funds as investment vehicles for leveraged loan managers, as well as senior and junior investors, according to Fitch Ratings.

There are advantages and disadvantages of using collateralized loan obligations and leveraged loan closed-end funds as investment vehicles for leveraged loan managers, as well as senior and junior investors, according to Fitch Ratings. A new Fitch report analyzes the performance of the various classes of CLOs and CEFs ...

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