Quarterly update
Watch the investment team recap this quarter.
(Note: As at April 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 01/05/2026)
USD Acc.
| Number of holdings: | 56 |
| Average CLO Rating: | AAA |
| Indicative USD current yield: | 4.91% |
| Indicative USD yield to maturity (Cash rates): | 4.89% |
| Indicative USD yield to maturity (Forward rates): | 4.86% |
| Effective interest rate duration (years): | 0.26 |
| Weighted average life (years): | 4.96 |
| Spread to maturity: | 1.20% |
USD Dist.
| Number of holdings: | 56 |
| Average CLO Rating: | AAA |
| Indicative USD current yield: | 4.91% |
| Indicative USD yield to maturity (Cash rates): | 4.89% |
| Indicative USD yield to maturity (Forward rates): | 4.86% |
| Effective interest rate duration (years): | 0.26 |
| Weighted average life (years): | 4.96 |
| Spread to maturity: | 1.20% |
EUR-Hedged Acc.
| Number of holdings: | 56 |
| Average CLO Rating: | AAA |
| Indicative EUR current yield: | 3.25% |
| Indicative EUR yield to maturity: | 3.23% |
| Effective interest rate duration (years): | 0.26 |
| Weighted average life (years): | 4.96 |
| Spread to maturity: | 1.20% |
GBP-Hedged Dist.
| Number of holdings: | 56 |
| Average CLO Rating: | AAA |
| Indicative GBP current yield: | 5.00% |
| Indicative GBP yield to maturity: | 4.98% |
| Effective interest rate duration (years): | 0.26 |
| Weighted average life (years): | 4.96 |
| Spread to maturity: | 1.20% |
MXN-Hedged Acc.
| Number of holdings: | 56 |
| Average CLO Rating: | AAA |
| Indicative MXN current yield: | 8.15% |
| Indicative MXN yield to maturity: | 8.13% |
| Effective interest rate duration (years): | 0.26 |
| Weighted average life (years): | 4.96 |
| Spread to maturity: | 1.20% |
