For Individual 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
$46.35
As of 05/16/2022

1-Day Change
-$0.06 (-0.13%)
 As of 05/16/2022

ITD Return
-6.57%
As of 05/16/2022

How to buy

Overview

ETF Objective

Janus Henderson B-BBB CLO ETF seeks capital preservation and current income by seeking to deliver floating-rate exposure to CLOs generally rated between and inclusive of BBB+ and B-.

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.

PORTFOLIO MANAGEMENT

John Kerschner, CFA

John Kerschner, CFA

Head of U.S. Securitized Products | Portfolio Manager

Industry since 1990. Joined Firm in 2010.

Nick Childs, CFA

Nick Childs, CFA

Portfolio Manager | Securitized Products Analyst

Industry since 2003. Joined Firm in 2017.

Performance

RETURNS (%) (As of 03/31/2022)
NAV Market Price JP Morgan CLO High Quality Mezzanine Index
 
Since Inception
(01/11/2022)
NAV -1.15
Market Price -1.03
JP Morgan CLO High Quality Mezzanine Index -0.39
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.
Performance for very short time periods may not be indicative of future performance.

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 04/30/2022)
NAV Market Price JP Morgan CLO High Quality Mezzanine Index
 
3M Since Inception
(01/11/2022)
NAV -1.18 -1.08
Market Price -0.99 -0.64
JP Morgan CLO High Quality Mezzanine Index -1.25 -0.54
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.
Performance for very short time periods may not be indicative of future performance.

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
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
05/02/202205/03/202205/06/2022$0.1365930$0.0000000$0.0000000$0.1365930
04/01/2022 04/04/2022 04/07/2022 $0.1265480$0.0000000$0.0000000$0.1265480
03/01/2022 03/02/2022 03/07/2022 $0.1252430$0.0000000$0.0000000$0.1252430
02/01/202202/02/202202/07/2022$0.0000000$0.0000000$0.0000000$0.0000000
View Full History

Portfolio

Index represents the J.P. Morgan CLO High Quality Mezzanine Index

Top Holdings (As of 05/13/2022)
% of Fund
Janus Henderson AAA CLO ETF 5.26
LCM 31 Ltd|4.66271|01/20/2032, 4.66%, 01/20/32 3.21
Voya CLO 2017-1 Ltd|3.57129|04/17/2030, 3.57%, 04/17/30 3.07
Sixth Street CLO XIX Ltd|3.254|07/20/2034, 3.25%, 07/20/34 2.69
Oaktree CLO 2019-3 Ltd|4.27271|10/20/2034, 4.27%, 10/20/34 2.69
Neuberger Berman Loan Advisers CLO 33 Ltd|3.02225|10/16/2033, 3.02%, 10/16/33 2.59
Highbridge Loan Management 3-2014|4.64429|07/18/2029, 4.64%, 07/18/29 2.56
Dryden 50 Senior Loan Fund|7.30429|07/15/2030, 7.30%, 07/15/30 2.48
Madison Park Funding XVII Ltd|4.69829|07/21/2030, 4.70%, 07/21/30 2.19
Venture 44 CLO Ltd|4.29271|10/20/2034, 4.29%, 10/20/34 2.17
View Full Holdings

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