- Consistent top decile performance across most key metrics (BB MVOC, loans > $90, weighted-average price and market value % of target par) in each of the last 7 vintages. Source: Bank of America Research’s “Manager Performance Summary – December 2024 reports,” as of December 31, 2024. BB MVOC data is as of December 31, 2024.
- According to CLO Research Group Limited’s (“CLO Research”) “US BSL CLO Managers: Rankings Based on MVOC (BB) (as of 24 February 2025)," ranked by average percentile of market value over-collateralization (MVOC) at the BB tranche level, based on asset prices as of February 23, 2025.
- "Capital under management" is a gross measure of invested capital including leverage. As of January 1, 2025.