Year-to-date US CLO performance tops global fixed income products – Janus Henderson
US CLO triple Bs have outperformed all other fixed income sectors in the year-to-date and will likely continue to perform well in a higher interest rate landscape, according to new research from Janus Henderson

Fund performance – July 2026
Smaller gains in May moderate strong April performance

Fund performance – June 2026
Emerging markets hit top spot and CLO funds rebound after blip

Fund performance – May 2026
Volatility hurts as most funds record negative returns

Fund performance – April 2026
CLO funds struggle with worst performance in more than three years

Fund performance – March 2026
Mixed month for CLO funds mars credit’s positive start to 2026

How to evaluate CLO managers
Portfolio manager incentives and MVOC volatility are crucial factors for CLO equity investors, says Dagmara Michalczuk

Fund performance – December 2025
All categories end 2025 positively as Pictet Alt takes 12-month crown

Fund performance – October 2025
Corporate distressed rises again but outliers drag down CLOs

CLO credit quality improving – Fitch
CLO performance remained stable in November, with few changes made to Fitch’s ratings

Fund performance – September 2025
CLO funds struggle while other categories stay positive

Fund performance – August 2025
Arena takes turn in the lead as mix of funds make top 10

Hot August sets tone for rest of 2025
Some European CLO managers still get time off in summer, but the days when the whole market shut down are long gone. So, in a busy year for CLOs, this August was the second busiest ever

Fund performance – July 2025
CLO funds dominate in early summer with clean sweep of top 10

Fund performance – June 2025
Emerging markets lead as CLOs and credit multi- strategy returns dip

Opportunity in CLO double B tranches
Given their low default rates, double B CLO tranches offer much higher coupons than might be expected — suggesting they offer some of the best risk/return trade-offs in all of fixed income

Fund performance
Entering the final three months of the year, CLO funds took a clean sweep of the top 10 spots in the Creditflux tables. October was strong overall, as over 85% of funds listed made positive returns

Credit hedge funds
Credit hedge fund perfomance

Triple C assets and capital preservation
In the US and Europe, better performing CLOs tend to hold fewer triple C assets. But even so, a third of top performing CLOs in the US have more than 6% of their assets in the triple C bucket.

Fund performance - Emerging markets index takes top spot in solid month for credit overall
September was another positive month for credit funds. In almost every category our indices were positive, and four strategies showed solid average returns of 1% or more. 

Credit hedge funds
Credit hedge fund performance data for September YTD 

Euro triple-Cs buckets are trending up but investors remain sanguine
The European CLO market has had a number of leveraged loan ratings downgrades, but investors say they’ve mostly been idiosyncratic events and the situation remains manageable

Static deals stand out in Europe
European CLO equity in redeemed deals has delivered excellent returns. But managers might be surprised to discover that static deals are the region’s stars

Fund performance
August returns were largely positive for credit hedge funds, as 88% of those listed in the Creditflux database reached into the black

Credit hedge funds
Credit hedge fund performance tables as of the end of August 2024