JABS
Janus Henderson Asset-Backed Securities ETF
📎 Investment Objective
The Janus Henderson Asset-Backed Securities ETF (JABS) seeks to provide current income by investing primarily in asset-backed securities.
Overview
ETF tracking Janus Henderson Asset-Backed Securities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Janus Henderson Asset-Backed Securities ETF (JABS) seeks to provide current income by investing primarily in asset-backed securities.
🎯 Investment Strategy
The fund invests at least 80% of its net assets in asset-backed securities, which are bonds or notes backed by financial assets such as auto loans, credit card receivables, or other debt. The portfolio manager uses a fundamental, bottom-up approach to security selection, focusing on high-quality issuers and diversification across sectors.
✨ Key Features
- Focuses on investment-grade asset-backed securities to generate current income
- Actively managed portfolio aiming to provide stability and lower volatility
- Diversified across various asset-backed security sectors
⚠️ Primary Risks
- Credit risk: The risk that the issuer of a security will default or otherwise be unable to make interest and principal payments on time
- Interest rate risk: The risk that bond prices will decline due to rising interest rates
- Prepayment risk: The risk that borrowers will pay off their loans early, causing the fund to reinvest at lower yields
👤 Best For
This ETF may be suitable for investors seeking current income and relatively low volatility, with a moderate risk tolerance. It could be used as a component of a diversified fixed-income portfolio.