TY - JOUR T1 - Better Measurements for CLO Equity Performance JF - The Journal of Structured Finance SP - 24 LP - 30 DO - 10.3905/jsf.2016.22.2.024 VL - 22 IS - 2 AU - Joseph M. Pimbley Y1 - 2016/07/31 UR - https://pm-research.com/content/22/2/24.abstract N2 - This article discusses the structural and investment aspects of collateralized loan obligation (CLO) equity. The author reviews current and proposed measures of investment performance with example data of a large CLO transaction database. He finds that alternative measures provide better and extended information for CLO equity returns relative to the industry standard.TOPICS: CLOs, CDOs, and other structured credit, performance measurement ER -