JBBB
Janus Henderson B-BBB CLO ETF
📎 Investment Objective
The Janus Henderson B-BBB CLO ETF seeks to provide exposure to a diversified portfolio of collateralized loan obligations (CLOs) with credit ratings in the B to BBB range.
Overview
ETF tracking Janus Henderson B-BBB CLO ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Janus Henderson B-BBB CLO ETF seeks to provide exposure to a diversified portfolio of collateralized loan obligations (CLOs) with credit ratings in the B to BBB range.
🎯 Investment Strategy
The ETF invests primarily in a variety of CLO tranches, focusing on those rated in the B to BBB credit range. The fund aims to generate income and potentially benefit from the yield premium associated with these medium-quality structured credit instruments.
✨ Key Features
- Exposure to a diversified portfolio of B to BBB-rated CLO tranches
- Potential to generate income through CLO yield premium
- Actively managed strategy to navigate the CLO market
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Credit risk: Exposure to the creditworthiness of the underlying CLO issuers and borrowers
- Interest rate risk: Sensitivity to changes in interest rates that can affect CLO valuations
- Liquidity risk: Potential difficulty in buying or selling CLO tranches, especially in stressed market conditions
- Concentration risk: Significant exposure to the CLO market, which may be subject to specific sector-related risks
👤 Best For
This ETF may be suitable for investors seeking exposure to the higher-yielding segment of the structured credit market, with a medium to long-term investment horizon and a moderate risk tolerance. It may be appropriate as a diversification tool within a broader fixed income allocation.