About this ETF
For investors looking for income diversification and higher yield potential. JSI aims to generate income with lower drawdown risk by actively allocating to high-quality opportunities across the U.S. securitized market.
Overview
| Distribution Yield at NAV Monthly (As of 01/07/2025) | 6,15% |
|
30-Day SEC Yield - With Waivers (As of 31/05/2025) |
5,71% |
|
30-Day SEC Yield - Without Waivers (As of 31/05/2025) |
5,71% |
|
Distribution Frequency |
Monthly |
| Inception Date | 8 Nov 2023 |
| Total Net Assets (As of 02/07/2025) | $869.62M |
| Gross Annual Expense Ratio (As of most recent prospectus) | 0,50% |
| Net Annual Expense Ratio (As of most recent prospectus) | 0,49% |
| CUSIP | 47103U746 |
| Morningstar Category (As of 30/06/2025) | US Fund Short-Term Bond |
| NAV Ticker | JSINV |
| Exchange | NYSE Arca |
| Benchmark | ICE BofA US ABS & CMBS |
| Closing Market Price | $52.32 |
| Bid/Ask Midpoint | $52.32 |
| Day High | $52.33 |
| Day Low | $52.29 |
| Trading Volume (Shares) | 73,334 |
|
Premium/ |
0.17% |
| 30-Day Median Bid/Ask Spread (As of 01/07/2025) | 0.04% |
| Shares Outstanding | 16.65M |
Portfolio Management
Head of Structured and Quantitative Fixed Income | Portfolio Manager
Industry since 2003. Joined Firm in 2017.
Performance
RETURNS (%)
(As of 31/03/2025)
Nav
Market-Price
ICE BofA US ABS & CMBS TR
| 3M | YTD | 1YR | Since Inception (08/11/2023) |
|
|---|---|---|---|---|
| Nav | 2.09 | 2.09 | 8.08 | 9.17 |
| Market-Price | 1.99 | 1.99 | 8.12 | 9.58 |
| ICE BofA US ABS & CMBS TR | 2.05 | 2.05 | 6.49 | 8.05 |
RETURNS (%)
(As of 31/05/2025)
Nav
Market-Price
ICE BofA US ABS & CMBS TR
| 3M | YTD | 1YR | Since Inception (08/11/2023) |
|
|---|---|---|---|---|
| Nav | 0.84 | 2.87 | 8.00 | 8.67 |
| Market-Price | 0.80 | 2.76 | 7.98 | 9.04 |
| ICE BofA US ABS & CMBS TR | 0.89 | 2.72 | 6.82 | 7.60 |
Calendar Year Returns (%)
As of 31/03/2025
As of 31/03/2025
Nav
ICE BofA US ABS & CMBS TR
| 2024 | |
|---|---|
| Nav | 7.40 |
| ICE BofA US ABS & CMBS TR | 5.96 |
Morningstar Percentile
(As of 03/07/2025)
| 1 YR | 3 YR | 5 YR | 10 YR | SINCE INCEPTION | |
|---|---|---|---|---|---|
| Percentile Ranking | 3 | - | - | - | 4 |
| US Fund Short-Term Bond | Rank/Count | 9/557 | -/- | -/- | -/- | 15/550 |
(As of 03/07/2025)
| 1 YR | 3 YR | 5 YR | 10 YR | SINCE INCEPTION | |
|---|---|---|---|---|---|
| Percentile Ranking | 3 | - | - | - | 4 |
| US Fund Short-Term Bond | Rank / Count | 9/557 | -/- | -/- | -/- | 11/547 |
Growth of a Hypothetical Investment
@Nav
ICE BofA US ABS & CMBS TR
Short-term Bond
DISTRIBUTION OVERVIEW
| Ex-Date | Record Date | Payable Date | Ordinary Income | Short-Term Capital Gains | Long-Term Capital Gains | Total Distribution |
|---|---|---|---|---|---|---|
| 01/07/2025 | 01/07/2025 | 08/07/2025 | $0.236825 | $0.000000 | $0.000000 | $0.236825 |
| 02/06/2025 | 02/06/2025 | 06/06/2025 | $0.251061 | $0.000000 | $0.000000 | $0.251061 |
| 01/05/2025 | 01/05/2025 | 07/05/2025 | $0.250845 | $0.000000 | $0.000000 | $0.250845 |
| 01/04/2025 | 01/04/2025 | 07/04/2025 | $0.233121 | $0.000000 | $0.000000 | $0.233121 |
| 03/03/2025 | 03/03/2025 | 07/03/2025 | $0.211171 | $0.000000 | $0.000000 | $0.211171 |
| 03/02/2025 | 03/02/2025 | 07/02/2025 | $0.304110 | $0.000000 | $0.000000 | $0.304110 |
| 23/12/2024 | 23/12/2024 | 30/12/2024 | $0.308083 | $0.017155 | $0.000000 | $0.325238 |
| View Full History |
Portfolio
Index represents the Bloomberg U.S. Aggregate Bond Index
Top Holdings
(As of 02/07/2025)
| % of Fund | |
| Fannie Mae or Freddie Mac|5.5|07/14/2025, 5.50%, 07/14/25 | 7.43 |
| Fannie Mae or Freddie Mac|6.5|07/14/2025, 6.50%, 07/14/25 | 7.09 |
| Fannie Mae or Freddie Mac|5|07/14/2025, 5.00%, 07/14/25 | 6.82 |
| Fannie Mae or Freddie Mac|6|07/14/2025, 6.00%, 07/14/25 | 6.63 |
| Fannie Mae or Freddie Mac|3.5|07/14/2025, 3.50%, 07/14/25 | 3.15 |
| Fannie Mae or Freddie Mac|4.5|07/14/2025, 4.50%, 07/14/25 | 2.80 |
| Fannie Mae or Freddie Mac|3|07/14/2025, 3.00%, 07/14/25 | 2.51 |
| Freddie Mac Stacr Remic Trust 2025-Hqa1|5.95517|02/25/2045, 5.96%, 02/25/45 | 1.91 |
| Fannie Mae REMICS|5.40517|03/25/2055, 5.41%, 03/25/55 | 1.48 |
| Freddie Mac REMICS|5.30517|06/25/2055, 5.31%, 06/25/55 | 1.37 |
| View full holdings | |
Portfolio Characteristics
(As of 01/07/2025)
|
Number of Holdings Debt Issues |
411 |
|
Portfolio Turnover Rate (1-year trailing) |
42.79% |
|
Weighted Average Maturity (years) |
4.82 |
|
Effective Duration (years) |
2.83 |
|
Yield to Worst |
6.73% |
| Sector Allocation | % of Fund | % of Fund | As of 01/07/2025 |
| Regional Allocation | % of Fund | % of Fund | As of July 1, 2025 |
| Maturity Breakdown of Fixed Income Holdings | % of Fund | % of Fund | As of 01/07/2025 |
| Credit Quality of Fixed Income Holdings | % of Fund | % of Fund | As of July 1, 2025 |
Documents
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- The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
- Past performance does not predict future returns.
- Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
- Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty.
- Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved.
- Summary of Investor rights
- The Legal Entity Identifier for this product is 213800ILCSKNDETKIU60.