Janus Henderson AAA CLO ETFJanus Henderson AAA CLO ETFJanus Henderson AAA CLO ETF

Janus Henderson AAA CLO ETF

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Key stats


Assets under management (AUM)
‪20.83 B‬USD
Fund flows (1Y)
‪11.06 B‬USD
Dividend yield (indicated)
5.96%
Discount/Premium to NAV
−0.02%
Shares outstanding
‪412.40 M‬
Expense ratio
0.20%

About Janus Henderson AAA CLO ETF


Brand
Janus Henderson
Inception date
Oct 16, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Janus Henderson Investors US LLC
Distributor
ALPS Distributors, Inc.
JAAA provides access to a hard to reach area of the fixed income market, collateralized loan obligations (CLOs). The CLO market tends to be less liquid with varying degrees of risk. A CLO is backed by an underlying portfolio of corporate loans selected by the CLOs manager. JAAA offers expertise in this space by actively managing the fund portfolio to generate income and mitigate risk. Fund managers select high quality issues of various maturities. Securities selected for the portfolio must be AAA-rated at the time of purchase. In the event a rating is reduced after purchase, fund managers will determine whether to continue to hold the CLO. The fund will focus its holdings on those that are USD denominated but can hold up to 30% of the portfolio in CLOs denominated in foreign currencies. Caps are placed at 5% on any single CLO and 15% in CLOs managed by a single manager.

Classification


Asset Class
Fixed income
Category
Corporate, bank loans
Focus
Investment grade
Niche
Floating rate
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Securitized
Bonds, Cash & Other100.00%
Securitized97.95%
Cash0.82%
Miscellaneous0.77%
Corporate0.46%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JAAA trades at 50.56 USD today, its price has fallen −0.08% in the past 24 hours. Track more dynamics on JAAA price chart.
JAAA net asset value is 50.53 today — it's risen 0.65% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JAAA assets under management is ‪20.83 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JAAA price has risen by 0.08% over the last month, and its yearly performance shows a −0.36% decrease. See more dynamics on JAAA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.08% increase in three-month performance and has increased by 4.11% in a year.
JAAA fund flows account for ‪11.06 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JAAA invests in bonds. See more details in our Analysis section.
JAAA expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JAAA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JAAA technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JAAA shows the sell signal. See more of JAAA technicals for a more comprehensive analysis.
Yes, JAAA pays dividends to its holders with the dividend yield of 5.96%.
JAAA trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JAAA shares are issued by Janus Henderson Group Plc
JAAA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 16, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.