Symbols

JBBB

Janus Henderson B-BBB CLO ETF·CBOE

--(--)

Key Stats

Assets Under Management

1.10BUSD

Fund Flows (1Y)

-834.67MUSD

Dividend Yield

8.62%

Discount/Premium to NAV

-0.57%

Shares Outstanding

23.05M

Expense Ratio

0.48%

About Janus Henderson B-BBB CLO ETF

Issuer

Janus Henderson

Brand

Janus Henderson

Home Page

https://www.janushenderson.com/en-us/investor/product/jbbb-b-bbb-clo-etf/

Inception Date

Jan 11, 2022

Structure

Open-Ended Fund

Index Tracked

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.

JBBB seeks to provide capital preservation and current income by investing in floating-rate collateralized loan obligations (CLOs) of any maturity. The fund will primarily be composed of CLOs rated between BBB+ and B-, with up to 15% in below investment grade (BB+ or lower) loans, and up to 10% in CLOs (or ETFs which provide exposure to CLOs) rated above BBB+. It is important to note this fund's specific credit range, as it will increase credit risk and liquidity risk relative to more senior CLO tranches. JBBB will generally invest in USD denominated CLOs, but may invest up to 30% in those denominated in foreign currencies. The portfolio managers have full discretion with regards to the daily management of the fund, and will utilize a "bottom-up” approach in selecting securities to buy and sell. The fund also limits each CLO to 5% of the fund, and will hedge any foreign currency exposure.