Janus Henderson AA-A CLO ETF

Frequently Asked Questions About JA

What does JA invest in?

The JA exchange-traded fund employs an active management strategy, primarily allocating its investments to collateralized loan obligations (CLOs) with credit ratings ranging from AA- to A. Its central goals are to protect investors' capital and provide a steady stream of income by diversifying its holdings across top-tier CLO segments.

What is the expense ratio of JA?

Janus Henderson AA-A CLO ETF (JA) charges an expense ratio of 0.32%. This is the annual fee deducted from fund assets to cover management and operations.

What is JA's dividend yield?

JA's trailing-twelve-month yield is 2.12%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JA?

Effective duration measures JA's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JA's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of JA?

JA's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of JA?

Yield to maturity (YTM) is the total return you'd earn from JA if every bond in the portfolio is held to maturity at the current price. JA's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.