Please ensure Javascript is enabled for purposes of website accessibility B-BBB CLO ETF - Janus Henderson Investors
For Institutional Investors in the US

JBBB B-BBB CLO ETF

Provides exposure to floating-rate collateralized loan obligations (CLOs) generally rated from B to BBB in a liquid, transparent manner.

NAV
$48.95
As of 12/03/2024

1-Day Change
$0.01 (0.02%)
As of 12/03/2024

YTD Return
9.85%
As of 12/03/2024

Overview

About this ETF

An ETF with floating rate exposure to CLOs rated from B to BBB and seeking to deliver investors access to securities with low default risk, low correlations to traditional fixed income asset classes and yield potential.

Why Invest in this ETF

Diversification Potential
B to BBB-rated CLOs may help diversify a traditional fixed income portfolio.

Floating Rate Exposure
Floating-rate coupons can help limit the impact during periods of rising rates.

Efficient ETF Structure
Provides exposure to CLOs rated from B to BBB historically available only to institutional investors, with the liquidity, lower cost, and transparency characteristics of an ETF structure.

*Designations

NAIC 2.C (2024 preliminary)

What are CLOs?

Hear from Jess Shill, CLO Portfolio Manager, as she dives into the intricate world of Collateralized Loan Obligations, or CLOs. Learn how these financial instruments can play a pivotal role in financing smaller, innovative companies and offer investors distinct advantages.

Portfolio Management

John Kerschner, CFA

Head of US Securitised Products | Portfolio Manager

Industry since 1990. Joined Firm in 2010.

Nick Childs, CFA

Head of Structured and Quant Fixed Income| Portfolio Manager

Industry since 2003. Joined Firm in 2017.

Jessica Shill

Portfolio Manager | Securitised Products Analyst

Industry since 2017.

Performance

RETURNS (%) (As of 09/30/2024)
Nav Market-Price JP Morgan CLO BBB Index
 
3M YTD 1YR Since Inception
(01/12/2022)
Nav 2.05 7.90 12.13 6.20
Market-Price 1.51 7.39 11.45 6.13
JP Morgan CLO BBB Index 2.34 9.03 14.10 8.33
RETURNS (%) (As of 10/31/2024)
Nav Market-Price JP Morgan CLO BBB Index
 
3M YTD 1YR Since Inception
(01/12/2022)
Nav 2.33 9.14 13.99 6.44
Market-Price 2.43 9.16 13.85 6.56
JP Morgan CLO BBB Index 2.31 10.03 15.43 8.42
Calendar Year Returns (%)
Nav JP Morgan CLO BBB Index
2023
Nav 15.35
JP Morgan CLO BBB Index 17.66

Premium/Discount History

Morningstar Percentile

 (As of 09/30/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 3 - - - 23
Ultrashort Bond | Rank/Count 5/221 -/- -/- -/- 42/215
 (As of 11/30/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 2 - - - 1
Ultrashort Bond | Rank / Count 2/220 -/- -/- -/- 1/213
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
12/02/202412/02/202412/06/2024$0.3168540$0.0000000$0.0000000$0.3168540
11/01/202411/01/202411/07/2024$0.3123970$0.0000000$0.0000000$0.3123970
10/01/202410/01/202410/07/2024$0.3509690$0.0000000$0.0000000$0.3509690
09/03/202409/03/202409/09/2024$0.3703210$0.0000000$0.0000000$0.3703210
08/01/2024 08/01/2024 08/07/2024 $0.3260150 $0.0000000$0.0000000$0.3260150
07/01/202407/01/202407/08/2024$0.2752230$0.0000000$0.0000000$0.2752230
06/03/202406/03/202406/07/2024$0.3132710$0.0000000$0.0000000$0.3132710
05/01/202405/02/202405/07/2024$0.3015060$0.0000000$0.0000000$0.3015060
View Full History

Portfolio

Index represents the JP Morgan CLO BBB Index

Top Holdings (As of 12/02/2024)
% of Fund
Janus Henderson AAA CLO ETF 1.49
OCP CLO 2024-31 Ltd|8.5674|04/20/2037, 8.57%, 04/20/37 1.42
CBAM 2019-9 Ltd|8.8059|07/15/2037, 8.81%, 07/15/37 1.37
CBAM 2018-8 Ltd/KY|8.6559|07/15/2037, 8.66%, 07/15/37 1.24
Elmwood CLO II Ltd|7.60728|10/20/2037, 7.61%, 10/20/37 1.20
LCM 41 Ltd|9.2059|04/15/2036, 9.21%, 04/15/36 1.16
Bain Capital Credit Clo 2019-4 Ltd|8.25626|04/23/2035, 8.26%, 04/23/35 1.12
Wind River 2021-4 CLO Ltd|8.07901|01/20/2035, 8.08%, 01/20/35 1.10
522 Funding CLO 2019-5 Ltd|7.9059|04/15/2035, 7.91%, 04/15/35 1.04
Madison Park Funding XXXIV Ltd|7.9973|10/16/2037, 8.00%, 10/16/37 1.02
View full holdings
Portfolio Characteristics (As of 12/02/2024)
 
Number of Holdings
Debt Issues
262
Portfolio Turnover Rate
(1-year trailing)
60.54%
Weighted Average Maturity
(years)
7.04
Effective Duration
(years)
0.22
Yield to Worst
8.10%
Sector Allocation % of Fund % of Fund As of 12/02/2024
Regional Allocation % of Fund % of Fund As of December 2, 2024
Credit Quality of Fixed Income Holdings % of Fund % of Fund As of December 2, 2024
Maturity Breakdown of Fixed Income Holdings % of Fund % of Fund As of 12/02/2024

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