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Trending ETFs

Janus Henderson AAA CLO ETF

etf
JAAA
Dividend policy
Active
Price as of:
$50.52 -0.02 0%
primary theme
Bank Loan
JAAA (ETF)

Janus Henderson AAA CLO ETF

Dividend policy
Active
Price as of:
$50.52 -0.02 0%
primary theme
Bank Loan
JAAA (ETF)
Janus Henderson AAA CLO ETF
Dividend policy
Active
Price as of:
$50.52 -0.02 0%
primary theme
Bank Loan

JAAA - Snapshot

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $121 M
  • Holdings in Top 10 41.4%

52 WEEK LOW AND HIGH

$50.54
$49.79
$50.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.25%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Bank Loan
  • Fund Type Exchange Traded Fund
  • Investment Style Bank Loan

Compare JAAA to Popular Bank Loan Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$9.39

-0.11%

$7.76 B

3.41%

$0.32

blocked
blocked
blocked

1.40%

0.73%

$10.52

-0.10%

$6.34 B

4.12%

$0.43

blocked
blocked
blocked

0.96%

1.35%

$8.77

-0.11%

$6.16 B

3.41%

$0.30

blocked
blocked
blocked

0.57%

0.82%

$8.37

-0.12%

$6.01 B

4.26%

$0.36

blocked
blocked
blocked

0.84%

0.60%

$9.75

-0.10%

$4.13 B

4.05%

$0.40

blocked
blocked
blocked

0.62%

0.58%

Compare JAAA to Popular Bank Loan ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$22.11

-0.09%

$5.88 B

3.33%

$0.74

blocked
blocked
blocked

-0.72%

0.65%

$45.85

-0.11%

$3.88 B

4.71%

$2.16

blocked
blocked
blocked

0.42%

0.70%

$47.90

-0.04%

$1.77 B

3.26%

$1.56

blocked
blocked
blocked

0.76%

0.85%

$50.52

-0.04%

$121.04 M

0.57%

$0.29

blocked
blocked
blocked

0.46%

0.25%

$16.11

-0.19%

$43.52 M

2.50%

$0.40

blocked
blocked
blocked

0.75%

1.12%

JAAA - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Janus Henderson AAA CLO ETF
  • Fund Family Name
    Janus Henderson
  • Inception Date
    Oct 16, 2020
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Kerschner

Fund Description

The advisor pursues the investment objective by investing, under normal circumstances, at least 90% of the fund's net assets in CLOs of any maturity that are rated AAA at the time of purchase, or if unrated, determined to be of comparable credit quality by Janus Capital. The fund may invest its remaining assets in other high-quality CLOs with a minimum rating of A-at the time of purchase or if unrated, determined to be of comparable credit quality by Janus Capital.


JAAA - Performance

Return Ranking - Trailing

Period JAAA Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -1.3% 8.1% 86.09%
1 Yr N/A 4.2% 86.9% N/A
3 Yr N/A* -1.4% 5.8% N/A
5 Yr N/A* 1.8% 9.0% N/A
10 Yr N/A* 1.6% 6.3% N/A

* Annualized

Return Ranking - Calendar

Period JAAA Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -16.5% 289.8% N/A
2019 N/A -8.1% 7.5% N/A
2018 N/A -12.2% 5.5% N/A
2017 N/A -4.2% 3.7% N/A
2016 N/A -65.0% 12.9% N/A

Total Return Ranking - Trailing

Period JAAA Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -1.3% 8.1% 86.09%
1 Yr N/A 1.1% 86.9% N/A
3 Yr N/A* -1.8% 5.8% N/A
5 Yr N/A* 1.8% 9.0% N/A
10 Yr N/A* 1.6% 6.3% N/A

* Annualized

Total Return Ranking - Calendar

Period JAAA Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -16.5% 289.8% N/A
2019 N/A -8.1% 7.5% N/A
2018 N/A -12.2% 5.5% N/A
2017 N/A -4.2% 7.2% N/A
2016 N/A -65.0% 12.9% N/A

JAAA - Holdings

Concentration Analysis

JAAA Category Low Category High JAAA % Rank
Net Assets 121 M 6.18 M 7.76 B 88.15%
Number of Holdings 46 13 1246 97.05%
Net Assets in Top 10 51.9 M -161 M 1.49 B 62.30%
Weighting of Top 10 41.43% 6.2% 91.8% 5.92%

Top 10 Holdings

  1. OCTAGON LOAN FUNDING LLC 1.37% 4.79%
  2. Cbam 2018-5 1.24% 4.71%
  3. Magnetite Xix. Limited 1.4% 4.71%
  4. Octagon Investment Partners XVII Ltd. 1.22% 4.70%
  5. MADISON PARK FUNDING XVII LTD 1.44% 4.13%
  6. Regatta II Funding L.P. 1.49% 4.03%
  7. Palmer Square CLO 2018-2 Ltd 1.32% 3.99%
  8. Sound Point CLO XI Ltd 1.37% 3.99%
  9. Madison Park Funding XXX Ltd 0.99% 3.98%
  10. CIFC Funding 1.47% 3.79%

Asset Allocation

Weighting Return Low Return High JAAA % Rank
Bonds
100.00% 30.80% 146.63% 3.28%
Stocks
0.00% 0.00% 7.86% 93.44%
Preferred Stocks
0.00% 0.00% 24.21% 72.79%
Other
0.00% -51.39% 11.86% 77.70%
Convertible Bonds
0.00% 0.00% 5.44% 78.69%
Cash
0.00% -17.24% 55.70% 95.41%

Bond Sector Breakdown

Weighting Return Low Return High JAAA % Rank
Securitized
93.48% 0.00% 100.00% 0.66%
Corporate
5.58% 0.00% 100.00% 99.01%
Government
0.95% 0.00% 1.41% 0.99%
Derivative
0.00% 0.00% 6.30% 63.82%
Cash & Equivalents
0.00% 0.00% 68.78% 96.71%
Municipal
0.00% 0.00% 0.61% 65.13%

Bond Geographic Breakdown

Weighting Return Low Return High JAAA % Rank
Non US
69.10% 0.00% 92.60% 2.30%
US
30.90% 5.51% 146.63% 95.41%

JAAA - Expenses

Operational Fees

JAAA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.25% 0.01% 27.10% 99.66%
Management Fee 0.25% 0.00% 1.73% 2.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.40% N/A

Sales Fees

JAAA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 3.00% N/A

Trading Fees

JAAA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JAAA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 412.00% 0.34%

JAAA - Distributions

Dividend Yield Analysis

JAAA Category Low Category High JAAA % Rank
Dividend Yield 0.13% 0.00% 4.17% 10.06%

Dividend Distribution Analysis

JAAA Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

JAAA Category Low Category High JAAA % Rank
Net Income Ratio 1.29% 1.29% 10.93% 100.00%

Capital Gain Distribution Analysis

JAAA Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

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JAAA - Fund Manager Analysis

Managers

John Kerschner


Start Date

Tenure

Tenure Rank

Oct 16, 2020

0.45

0.5%

John Kerschner, CFA, is Head of U.S. Securitized Products of Janus Henderson Investors. He also performs duties as a fixed-income analyst. Mr. Kerschner joined Janus Capital in December 2010. Prior to joining Janus Capital, Mr. Kerschner was director of portfolio management at BBW Capital Advisors from 2009-2010 and the Global Head of Credit Investing for Woodbourne Investment Management from 2007-2009.Kerschner is a senior portfolio manager with Smith Breeden. Kerschner joined Smith Breeden in 1994. Mr. Kerschner holds a Bachelor of Science degree (cum laude) in Biology from Yale University and a Master of Business Administration degree from the Fuqua School of Finance at Duke University, where he was designated a Fuqua Scholar. Kerschner holds the Chartered Financial Analyst designation.

Nick Childs


Start Date

Tenure

Tenure Rank

Oct 16, 2020

0.45

0.5%

Nick Childs, CFA, joined Janus Capital in 2017. Prior to joining Janus Capital, he was a portfolio manager at Proprietary Capital, LLC from 2012 to 2016, where he managed alternative fixed income strategies specializing in MBS, absolute return investing. Mr. Childs holds a Bachelor of Science degree from the University of Denver. Mr. Childs holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 22.43 5.66 2.08