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US CLO Managers’ Ranking Based on Post-Reinvestment-Period Prepayment Rates (Part 2)

Overall, during the post-reinvestment period, the manager’s average annualized prepayment rates for the first and second years are 8% and 13%, respectively. These rates are significantly lower than those of their peers, which are 16.2% in the first year and 26.1% in the second year.

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