Leveraged Loan Insight & Analysis – 8/17/2020

Combined AUM for US CLOs and retail loan funds inched up to US$784bn in July


US CLO assets under management along with loan mutual fund assets under management, inched up in July for a combined total of US$784.4bn, which remains down 1.5% from January’s US$796bn peak. Loan market outstandings ticked lower to end July at US$1.180trn, driven by muted institutional volume post-COVID. CLOs’ share of the institutional market stands at 58% while loan funds make up a 7.3% share of the market.