Realised IRRs by Vintage for Fully Repaid EU CLO Single-A Tranches
A sample of 582 fully repaid EU CLO single-A floating-rate tranches with disclosed issue prices or DMs is included in this study. Tranches issued in 2022 and 2023 performed particularly well, generating average IRRs of more than 4% above three-month EURIBOR. By contrast, the 2017–2018 and 2021 vintages recorded the lowest average IRRs above three-month EURIBOR.