Please ensure Javascript is enabled for purposes of website accessibility Emerging Markets Debt Hard Currency ETF - Janus Henderson Investors
For Individual Investors in the US

JEMB Emerging Markets Debt Hard Currency ETF

Seeking to capture market inefficiencies within emerging markets debt to generate consistent risk-adjusted returns over the long-term

NAV
$50.41
As of 11/05/2024

1-Day Change
-$0.06 (-0.12%)
As of 11/05/2024

ITD Return
2.03%
As of 11/05/2024

Overview

About this ETF

An ETF which seeks to deliver consistent risk-adjusted returns, by considering the full universe of Emerging Markets (EM) hard currency bonds. It invests primarily in a diversified portfolio of sovereign, quasi-sovereign, supranational and corporate debt from EM issuers. The ETF is benchmarked against the JP Morgan EMBI Global Core Index. Its opportunity set includes bonds in the index and bonds that are not index-eligible. The primary focus is on country allocation and security selection to generate excess returns, rather than relying on large thematic or macroeconomic drivers.

Why Invest in this ETF

Established and unique active investment approach
An experienced team with a focus on Emerging Markets hard currency bonds that has remained unchanged since August 2013.

Credit risk premia focused
Our proprietary forward-looking country ratings model and valuation framework is designed to provide a quantitative and qualitative foundation to allocate risk across countries, and implemented through bottom-up security selection.

Disciplined investment process
We employ a highly disciplined approach to country allocation, security selection and portfolio construction, which seeks to emphasize diversification and the active management of credit risk rather than global macroeconomic factors.

Portfolio Management

Bent Lystbaek

Portfolio Manager

Industry since 1986. Joined Firm in 2022.

Jacob Nielsen

Portfolio Manager

Industry since 2002. Joined Firm in 2022.

Thomas Haugaard

Portfolio Manager

Industry since 2004. Joined Firm in 2022.

Sorin Pirau

Portfolio Manager

Industry since 2012. Joined Firm in 2022.

Performance

RETURNS (%) (As of 09/30/2024)
Nav Market-Price JPM EMBI Global Core Index
 
Since Inception
(08/13/2024)
Nav 4.12
Market-Price 4.42
JPM EMBI Global Core Index 3.46
RETURNS (%) (As of 09/30/2024)
Nav Market-Price JPM EMBI Global Core Index
 
Since Inception
(08/13/2024)
Nav 4.12
Market-Price 4.42
JPM EMBI Global Core Index 3.46

Premium/Discount History

DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
11/01/202411/01/0202411/07/2024$0.3067880$0.0000000$0.0000000$0.3067880
10/01/202410/01/202410/07/2024$0.3037080$0.0000000$0.0000000$0.3037080
View Full History

Portfolio

Index represents the JP Morgan EMBI Global Core Index

Top Holdings (As of 11/05/2024)
% of Fund
Qatar Government International Bond|4.75|05/29/2034, 4.75%, 05/29/34 1.62
KSA Sukuk Ltd|5.25|06/04/2034, 5.25%, 06/04/34 1.44
Dominican Republic International Bond|4.875|09/23/2032, 4.88%, 09/23/32 1.43
Ghana Government International Bond|5|07/03/2029, 5.00%, 07/03/29 1.33
Oman Government International Bond|7.375|10/28/2032, 7.38%, 10/28/32 1.31
Qatar Government International Bond|4.4|04/16/2050, 4.40%, 04/16/50 1.20
Petroleos Mexicanos|6.7|02/16/2032, 6.70%, 02/16/32 1.14
Saudi Government International Bond|5|01/16/2034, 5.00%, 01/16/34 1.13
Petroleos Mexicanos|5.95|01/28/2031, 5.95%, 01/28/31 0.98
Mexico Government International Bond|4.75|04/27/2032, 4.75%, 04/27/32 0.96
View full holdings
Portfolio Characteristics (As of 11/04/2024)
 
Number of Holdings
Debt Issues
220
Portfolio Turnover Rate
(1-year trailing)
-
Weighted Average Maturity
(years)
10.51
Effective Duration
(years)
7.04
Yield to Worst
7.25%
Sector Allocation % of Fund % of Fund As of 11/04/2024
Regional Allocation % of Fund % of Fund As of November 4, 2024
Credit Quality of Fixed Income Holdings % of Fund % of Fund As of November 4, 2024
Maturity Breakdown of Fixed Income Holdings % of Fund % of Fund As of 11/04/2024

Documents