Libor issue hurt Q2 returns on CLO investments, says Prospect's Eliasek

By Hugh Minch

Prospect Capital Corporation's interest bearing investments generated an annualised yield of 11.4% in the second quarter, down 1% from the first quarter, the firm has revealed - with the decline in Libor to blame for the decrease in its CLO yields, management said on an earnings call today

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TAGS: CLO Prospect Performance North America