Quarterly update
Watch the investment team recap this quarter.
(Note: Filmed in July 2026).
Investment objective
About this fund
The Fund aims to provide a return from a combination of income and capital growth over the long term by investing in an actively managed portfolio of AAA-rated collateralised loan obligations (CLOs).
The Fund will invest at least 80% of its Net Asset Value in eligible CLOs of any maturity that are rated AAA (or equivalent by a nationally recognised ratings agency) at the time of purchase with a focus on US CLOs.
Why CLO investing at Janus Henderson
Specialised and experienced team
Janus Henderson has a long-standing history of CLO investing, supported by a global portfolio management team that combines the expertise of securitised and loan specialists.
Disciplined investment process
Rigorous CLO manager due diligence and portfolio construction seeking to deliver optimal risk-adjusted returns through different market environments.
Global CLO platform
Scale and expertise seeking to offer competitive investor advantages, from deep market access to efficient execution.
Portfolio characteristics
(As of 30/06/2026)
| Number of holdings: | 60 |
| Average CLO rating: | AAA |
| Current yield (%) (USD): | 4.78 |
| Yield to maturity (USD) (based on cash rates): | 4.84 |
| Yield to maturity (USD) (based on forward rates): | 5.11 |
| Spread to maturity (%): | 1.17 |
| Effective interest rate duration (years): | 0.10 |
| Weighted average life (years): | 4.92 |
| Number of holdings: | 60 |
| Average CLO rating: | AAA |
| Current yield (%) (USD): | 4.78 |
| Yield to maturity (USD) (based on cash rates): | 4.84 |
| Yield to maturity (USD) (based on forward rates): | 5.11 |
| Spread to maturity (%): | 1.17 |
| Effective interest rate duration (years): | 0.10 |
| Weighted average life (years): | 4.92 |
| Number of holdings: | 60 |
| Average CLO rating: | AAA |
| Yield to maturity (EUR): | 3.36 |
| Current yield (%) (EUR): | 3.30 |
| Spread to maturity (%): | 1.17 |
| Effective interest rate duration (years): | 0.10 |
| Weighted average life (years): | 4.92 |
| Number of holdings: | 60 |
| Average CLO rating: | AAA |
| Yield to maturity (GBP): | 4.89 |
| Current yield (%) (GBP): | 4.83 |
| Spread to maturity (%): | 1.17 |
| Effective interest rate duration (years): | 0.10 |
| Weighted average life (years): | 4.92 |
| Number of holdings: | 60 |
| Average CLO rating: | AAA |
| Yield to maturity (MXN): | 7.79 |
| Current yield (%) (MXN): | 7.73 |
| Spread to maturity (%): | 1.17 |
| Effective interest rate duration (years): | 0.10 |
| Weighted average life (years): | 4.92 |
Distribution overview
| Ex-Date | Record Date | Payable Date | ISIN Code | Currency | Rate |
|---|---|---|---|---|---|
| 25/06/2026 | 26/06/2026 | 09/07/2026 | LU2994520935 | USD | 0.1106 |
| 26/03/2026 | 27/03/2026 | 09/04/2026 | LU2994520935 | USD | 0.1113 |
| 11/12/2025 | 12/12/2025 | 05/01/2026 | LU2994520935 | USD | 0.1098 |
| 25/09/2025 | 26/09/2025 | 09/10/2025 | LU2994520935 | USD | 0.1385 |
| 26/06/2025 | 27/06/2025 | 10/07/2025 | LU2994520935 | USD | 0.0851 |
| Ex-Date | Record Date | Payable Date | ISIN Code | Currency | Rate |
|---|---|---|---|---|---|
| 25/06/2026 | 26/06/2026 | 09/07/2026 | LU2994521669 | GBP | 0.1088 |
| 26/03/2026 | 27/03/2026 | 09/04/2026 | LU2994521669 | GBP | 0.1124 |
| 11/12/2025 | 12/12/2025 | 05/01/2026 | LU2994521669 | GBP | 0.1109 |
| 25/09/2025 | 26/09/2025 | 09/10/2025 | LU2994521669 | GBP | 0.1369 |
| 26/06/2025 | 27/06/2025 | 10/07/2025 | LU2994521669 | GBP | 0.0337 |
