JMBS

Janus Henderson Mortgage-Backed Securities ETF

$45.59

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Janus Henderson Mortgage-Backed Securities ETF (JMBS) seeks to provide current income by investing primarily in mortgage-backed securities.

Overview

ETF tracking Janus Henderson Mortgage-Backed Securities ETF

Category Real Estate

Issuer Other

Inception Date 2018-09-12

Market Cap $6.4B

Average Volume N/A

Dividend Yield 4.19%

52-Week Range $43.53 - $46.20

VWAP $45.61

Performance

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Investment Summary

📎 Investment Objective

The Janus Henderson Mortgage-Backed Securities ETF (JMBS) seeks to provide current income by investing primarily in mortgage-backed securities.

🎯 Investment Strategy

The fund invests at least 80% of its net assets in mortgage-backed securities, which are debt securities backed by residential or commercial mortgages. The portfolio manager aims to construct a diversified portfolio of mortgage-backed securities to generate current income.

✨ Key Features

Focuses on mortgage-backed securities, which are backed by residential or commercial mortgages
Seeks to provide current income through exposure to the mortgage-backed securities market
Actively managed by an experienced portfolio management team
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of mortgage-backed securities may decline when interest rates rise
Prepayment risk: Homeowners may refinance or pay off their mortgages sooner than expected, impacting the fund's returns
Credit risk: The underlying mortgages may default, leading to losses for the fund
Liquidity risk: Mortgage-backed securities may become difficult to sell, especially during periods of market stress

👤 Best For

This ETF may be suitable for investors seeking current income and exposure to the mortgage-backed securities market. It may be appropriate as a component of a diversified fixed-income portfolio, particularly for investors with a medium-term investment horizon and a moderate risk tolerance.