AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
A "Safe" 6% Yield: The Case for Investment Grade CLOs
Money For the Rest of Us
The Long-Term Performance of Leverage Loans
Yields on leverage loans are over 9%. The spread or incremental yield over short-term interest rates is somewhere between 4 to 4.7% depending on the index you use. A year ago I added a leverage loan fund to my portfolio and it's done fine. Invesco Senior Loan ETF BKLN has returned 2.5% annualized compared to 1% for the iShares aggregate bond marketETF.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode