Please ensure Javascript is enabled for purposes of website accessibility Short Duration Income ETF - Janus Henderson Investors - LatAm Mexico PA
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For professional investors in Mexico

VNLA Short Duration Income ETF

A capital preservation and income-focused ETF that seeks returns above cash

NAV
$49.17
As of 07/11/2025

1-Day Change
$0.01 (0.02%)
 As of 07/11/2025

YTD Return
4.71%
As of 07/11/2025

Morningstar Rating

As of 31/10/2025

Morningstar Medalist Rating ™

Bronze Morningstar Analyst Rating
As of 27/03/2025

Overview

About this ETF

For investors looking to diversify their fixed income allocation and seeking a higher return on cash than a money market fund. VNLA seeks to generate income through investment flexibility across a global opportunity set, with low volatility and capital preservation across economic cycles.

Past performance does not predict future returns. 
 

Why Invest in this ETF

Capital preservation
Risk management is fully-integrated into our approach, and we will manage to our overall volatility budget actively and swiftly.

Income generation
A versatile solution combining return-seeking and consistent income generating objectives.

Global diversification
We collaborate on a global scale across team and portfolio to access the best relative value opportunities.

Portfolio Management

Daniel Siluk: Head of Global Short Duration & Liquidity | Portfolio Manager
Daniel Siluk

Head of Global Short Duration & Liquidity | Portfolio Manager

Industry since 2004. Joined Firm in 2015.

Addison Maier: Portfolio Manager
Addison Maier

Portfolio Manager

Industry since 2011. Joined Firm in 2011.

Performance

RETURNS (%) (As of 30/09/2025)
Nav Market-Price ICE BofA US 3M Trsy Bill TR USD
 
3M YTD 1YR 3YR 5YR Since Inception
(17/11/2016)
Nav 1.49 4.19 5.52 5.91 3.31 3.05
Market-Price 1.41 4.12 5.62 5.92 3.28 3.05
ICE BofA US 3M Trsy Bill TR USD 1.08 3.17 4.38 4.77 2.98 2.32
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
RETURNS (%) (As of 30/09/2025)
Nav Market-Price ICE BofA US 3M Trsy Bill TR USD
 
3M YTD 1YR 3YR 5YR Since Inception
(17/11/2016)
Nav 1.49 4.19 5.52 5.91 3.31 3.05
Market-Price 1.41 4.12 5.62 5.92 3.28 3.05
ICE BofA US 3M Trsy Bill TR USD 1.08 3.17 4.38 4.77 2.98 2.32
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
Calendar Year Returns (%)
As of 30/09/2025
Nav ICE BofA US 3M Trsy Bill TR USD
2024 2023 2022 2021 2020 2019 2018 2017
Nav 6.34 6.02 -0.08 -0.18 3.07 4.28 1.58 2.07
ICE BofA US 3M Trsy Bill TR USD 5.25 5.01 1.46 0.05 0.67 2.28 1.87 0.86
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.

Premium/Discount History

Morningstar Percentile

 (As of 09/11/2025)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 11 19 23 - 13
US Fund Ultrashort Bond | Rank/Count 23/254 35/218 46/196 -/- 19/166
 (As of 09/11/2025)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 5 17 22 - 13
US Fund Ultrashort Bond | Rank / Count 15/246 35/216 44/194 -/- 19/166

Growth of a Hypothetical Investment

@Nav ICE BofA US 3M Trsy Bill TR USD Ultrashort Bond
Source: Morningstar, Inc.

This graph compares the performance of a hypothetical $1 investment in the fund, the fund’s Morningstar category average and its benchmark(s). Fund performance is on a Net Asset Value (NAV) basis with net income reinvested where applicable.

Returns-Based Statistics (As of 30/09/2025)

RISK / REWARD
VS. ICE BofA US 3M Trsy Bill TR USD		 3YR 5YR
Information Ratio 1.44 0.39
Alpha 1.08 0.18
Tracking Error 0.76 0.83
Beta 0.93 -0.13
R-squared (%) 9.96 54.94
UP/DOWN MARKET CAPTURE (%)
ICE BofA US 3M Trsy Bill TR USD		 3YR 5YR
Up Capture Ratio 123.96 114.67
Down Capture Ratio - 4071.16
STANDARD DEVIATION 3YR 5YR
Short Duration Income ETF 0.80 1.19
ICE BofA US 3M Trsy Bill TR USD 0.23 0.65
SHARPE RATIO 3YR 5YR
Short Duration Income ETF 1.14 0.16
ICE BofA US 3M Trsy Bill TR USD -0.78 -0.20
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
03/11/202503/11/202507/11/2025$0.1977340$0.0000000$0.0000000$0.1977340
01/10/202501/10/202507/10/2025$0.2014900$0.0000000$0.0000000$0.2014900
02/09/202502/09/202508/09/2025$0.1986910$0.0000000$0.0000000$0.1986910
01/08/202501/08/202507/08/2025$0.2035050$0.0000000$0.0000000$0.2035050
01/07/202501/07/202508/07/2025$0.2057000$0.0000000$0.0000000$0.2057000
02/06/202502/06/202506/06/2025$0.2102100$0.0000000$0.0000000$0.2102100
01/05/202501/05/202507/05/2025$0.2050590$0.0000000$0.0000000$0.2050590
View Full History

Portfolio

Index represents the FTSE 3-Month Treasury Bill Index.

Top Holdings (As of 07/11/2025)
% of Fund
Morgan Stanley Bank, N.A. 4.952% 14-JAN-2028 1.61
Goldman Sachs Bank USA 5.283% 18-MAR-2027 1.23
Janus Henderson AAA CLO ETF 0.99
Atlas Warehouse Lending Company, L.P. 6.05% 15-JAN-2028 0.98
Molex Electronic Technologies LLC 4.75% 30-APR-2028 0.93
Bank of America Corporation 4.979% 24-JAN-2029 0.92
Bank Australia Limited FRN 21-FEB-2028 0.92
Korea Electric Power Corporation 4.875% 31-JAN-2027 0.87
LPL Holdings, Inc. 4.625% 15-NOV-2027 0.86
Taco Bell Funding Series 2018-1 2018-A2II 4.94% 25-NOV-2048 0.84
View full holdings

Download

Portfolio Characteristics (As of 06/11/2025)
 
Number of Holdings
Debt Issues		 283
Portfolio Turnover Rate
(1-year trailing)		 17.16%
Weighted Average Maturity
(years)		 1.82
Effective Duration
(years)		 0.64
Yield to Worst
 4.39%
Sector Allocation % of Fund % of Fund As of 06/11/2025
Fixed Income country and/or regional weights primarily based on Bloomberg classifications.
Regional Allocation % of Fund % of Fund As of November 6, 2025
Developed vs Emerging Markets % of Fund % of Fund As of November 6, 2025
Credit Quality of Fixed Income Holdings % of Fund % of Fund As of November 6, 2025
Maturity Breakdown of Fixed Income Holdings % of Fund % of Fund As of 06/11/2025

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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 549300N11CDGSC01GZ40.

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